⚡️💬 You often hear Bitcoin referred to as digital gold, but few people understand why it's a hard currency and how this changes everything.

A hard currency is one that cannot be easily created, and whose available quantity evolves very slowly over time. It protects savings, encourages foresight, limits indebtedness and constrains political power.

Historically, hard currency has taken many different forms, depending on the geographical and cultural context: cut limestone (Rai stones, Yap islands), pearls (such as wampum beads in North America and Africa), shells (such as cowries, used in Africa, India and China), and of course precious metals such as gold and silver, adopted on a large scale by civilizations such as Egypt, Greece, Rome and China.

What do these monetary forms have in common? It is the market itself, i.e. individuals, who have selected, through collective experimentation, the most efficient forms of money according to universal criteria: scarcity, divisibility, durability, portability and social acceptance.

This spontaneous monetary evolution, comparable to a form of natural selection of instruments of exchange, gradually converged towards precious metals, and in particular the gold standard, which supported one of history's greatest cycles of economic expansion: the 19th century and its "Gilded Age", a period of strong growth, monetary stability and rapid industrialization in the Western world, before the monetary rupture of the 20th century.

In 1971, under the ideological influence of a technocratic Keynesianism that had become the dominant doctrine, the United States abandoned the convertibility of the dollar to gold and created a currency without limits or real counterparts, known as "fiat money".

Result:

❌ Continued devaluation of fiat money

❌ Structural inflation

❌ Systemic indebtedness

❌ Progressive destruction of the middle class

Faced with this rupture, the entire world has found itself in monetary weightlessness, without an anchor, dependent on the discretionary decisions of central banks that have no other solution than to issue ever more, to mask the effects of past excesses.

Money is no longer an instrument of measurement. It has become a political tool. And like any corrupt unit of measurement, it ends up distorting absolutely everything: prices, investments, behavior and reference points.

Against this backdrop, the need for a new monetary standard emerged, not decreed by an institution, but born spontaneously out of the market, as a new stage in the natural history of money.

And this is where Bitcoin comes in: a currency designed to be "hard", accessible to everyone, secure, resilient, auditable, unfalsifiable and whose issuing policy is both predictable and immutable.

In this respect, Bitcoin is not seeking to compete with the dollar or the euro. It seeks to re-establish scarcity in a world that has abandoned it.

Major economic thinkers (Hayek, von Mises, Menger...) have always defended the idea that no free society can long survive with a currency subject to political power.

Money must emerge from the market, from trust, and from real scarcity. Not from a central office. Not by decree.

Bitcoin wasn't imposed. It emerged. And it is being imposed by the progressive collapse of its alternatives.