When President Nixon said, "I have directed Secretary Connally to suspend temporarily the convertibility of the dollar into gold," it was a game-changer. This moment, folks, marks the birth of #FIAT money as we know it! No longer backed by gold, the #USDollar's value became a trust exercise with the government. Makes you wonder, doesn't it? How solid is that trust? Enter #Bitcoin, a currency that doesn't rely on government promises. Thoughts? πŸ’­πŸ’ΈπŸ” #MonetaryStability #GoldStandardNoMore #[0] https://youtu.be/7_Xw5tWsOQo

Reply to this note

Please Login to reply.

Discussion

One of The worst day in history. I hate the fact he said temporarily.

There are no more temporary forever measures than the governments ones