ians on Nostr: Fiat money is evil and immoral. Money printing has led to a 1,230% increase in prices ...
Fiat money is evil and immoral. Money printing has led to a 1,230% increase in prices while wages have increased 40% since going off the gold standard. We work longer, for less. It's led to a drastic wealth disparity as the poor don't have disposable income to invest in assets while the rich do, with many being trapped in an endless debt cycle and unable to afford a home. #Bitcoin fixes this by, in part, allowing people to save (delay gratification) and increase their purchasing power over time.
Published at
2023-08-16 15:39:20Event JSON
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"content": "Fiat money is evil and immoral. Money printing has led to a 1,230% increase in prices while wages have increased 40% since going off the gold standard. We work longer, for less. It's led to a drastic wealth disparity as the poor don't have disposable income to invest in assets while the rich do, with many being trapped in an endless debt cycle and unable to afford a home. #Bitcoin fixes this by, in part, allowing people to save (delay gratification) and increase their purchasing power over time.",
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