Why Bitcoin Is a Purely Trust Issue
BTC unique power is to be unrelated to FIAT currency
A small kid in any undeveloped country has more information through a cell phone now than Bill Clinton did in the 1990s.
Although we tend to think things are not okay worldwide, people live longer and healthier than ever before. Technologies and innovation provided us, humans, incredible quality of life.
However, there is one thing that hasn’t seen many signs of progress as technology thrives- the monetary system.
All dollar processing today is pretty much the same as it was 100 years ago. And if you think that the dollar bill you have from 1901 from your dearest collection is worth a lot of money, you’re wrong.
Even a coin from the Roman Empire from the year 30 A.C. worth less than $1. You know why? Because there are millions of them around the world. Something central banks always did and kept doing is printing so much money that its abundance makes it worthless.
It’s unfair for everyone who worked hard to live in a system where its time and effort are continuously devalued.
We don’t have any control over the supply of money.
So, if my parents saved their lifetime and effort to provide me a good saving structure, and…
