When trying to understand why fiat is not the same as Gold, Silver & even Bitcoin, you only have to look at what makes a person use it.

Gold, silver & Bitcoin is a currency that people choose to use, and do not require force.

Fiat, on the other hand, only exist due to force. Without the threat of government violence, fiat would return to its inherent value, which is zero. This is why “BTC/Zero” in the grand scheme of things.

We see this in the many counties that make it illegal to transact in anything but their fiat, where they make it a criminal offence to use even gold to buy and sell. There is even someone in jail (I forgot his name) in one country because he tried to establish a normal street market using a ‘gold Deenaar’.

Why are we complacent in accepting this reality? How can we be happy when we can’t even choose how to store our hard earned labour?

#ChooseBitcoin #livingTheBitcoinStandard