The HiFi Bitcoin Letters
The HiFi Bitcoin Letters
Letter #104: The Traditional Financial System Is Broken
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Letter #104: The Traditional Financial System Is Broken

Read now to learn how a "defensive" move from Twitter against Elon Musk's takeover bid may be a disaster for many of the company's smallest investors.

Dear Readers,

The traditional financial system is broken. People around the world, living under all types of governments, work day in and day out only to struggle immensely to afford the same quality of life that their parents and grandparents were able to enjoy while expending much less effort. Sure, technologies have improved a lot. But the cost savings that are typically associated with technological advancement have been completely wiped away by the atrocity of government-sponsored inflation. It’s difficult to get ahead when you’re systematically robbed over the course of decades.

Even so, governments aren’t the only culprits behind the brokenness of the traditional financial system. Businesses are also often guilty of egregious offenses against society’s finances, although that behavior frequently isn’t readily apparent to onlookers. Such is the case with the defensive strategy Twitter has chosen to employ against a takeover attempt by billionaire Elon Musk.

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