On this day in 1971, President Nixon (Republican) severed the dollar's last tie to gold, ENDING two decades of unprecedented growth and prosperity. 53 years later, the world still feels the aftershocks of this disastrous decision.

A chilling reminder of why we #Bitcoin. It's not to "invest". It's not to "make money". It's because the central bank kleptocracy has failed in society and #Bitcoin (not alt-coins) is our only way out.

The charts don't lie. A worthwhile 5 minute watch.

Bitcoin fixes this.

https://youtu.be/UUIfw3YH0N0?si=CxD1jUIE0tftsyyp

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Its not like the gov was any better before 1971, they severed the ties after decades of lying about how much gold they had

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