#Money plays a crucial role in facilitating human prosperity. Its existence has enabled us to efficiently coordinate economic activities and encouraged specialization, leading to substantial advancements.
Unfortunately, these fundamental functions of money have come under threat with the introduction of the Fiat standard and the increasing interventionism by central banks. By monopolizing money and its issuance, central planners have assumed control over the economy. In doing so, they disrupt the free market, resulting in the misallocation of capital, which leads to inefficiencies and the formation of economic bubbles. Ultimately, this benefits only a select few at the expense of the broader population.
However, there is now an alternative. #Bitcoin, with its decentralized nature and fixed total supply, presents a solution to these issues. It levels the playing field and addresses the Cantillon effect, providing a more equitable and sustainable monetary system.
