Everyone always wonders what makes bitcoin so sought after by gold bugs and libertarians. Here’s the answer: Its decentralized currency!
Fiat Currencies like the dollar, euro, peso and British pound are not so decentralized. They are printed and over printed by governments giving banks the ability to create more money out of thin air by loaning it to the people.
With bitcoin much like gold we have a limited supply of the perceived value which is being exchanged between individuals without the need for a central authority. For more information about decentralized currency and how it differs from fiat currencies watch this video
The Gold Standard used to be a important way that countries weren’t allowed to over print currency. Now its become a revolution. More than 80% of Americans are in debt and living paycheck to paycheck. Get out of the dollar and protect yourself against the big crash which is inevitable.
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