True story.
How the US defaulted on its debts and why the stock market went up | Ray Dalio posted on the topic | LinkedIn
When I was a young clerk on the floor of the New York Stock Exchange in 1971, the US ran out of money and defaulted on its debts. Now, they didn’t say it that way. But by moving away from the gold standard — the idea that people could exchange paper dollars for gold — money, as we understood i…
Morgan Stanley is getting into Bitcoin. Did you know you can skip Morgan Stanley and hold your own Bitcoin?/
Printing money causes inflation.
Case in point, Iran has doubled their money supply in just 5 years and they currently sit at over 42% YoY inflation.
Protests in the streets.
Normal people like you and me are literally losing the value of their money because their government is printing it out of thin air.
This is happening now.
It can happen here too. It is happening here too.
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Let this page serve as an example of why you should self-custody and not trust a 3rd-party to hold your keys for Bitcoin.
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