The house didn’t change, the money did.
No longer backed by gold, the government had free reign to print as much money as they pleased.
Do you get it? They’ll keep printing forever and the value of the money you’re working for will continue to go to zero.
Study Fiat. Study Bitcoin.
Did the house go up in value? | Adrian Cercenia
Did the house go up in value? Or did the money become worth less? What changed after 1970? 🤔 h/t Jordan Walker #studybitcoin
There will only ever be 21 million Bitcoin.
The USD will continue to be inflated away into nothingness.
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This is very intriguing.
1) A Republican US President was always in power during the winner’s curse phase of EVERY 18.6-year global Real Estate cycle.
And what are some of the first things that EVERY one of these presidents has done to stir growth in their economic times?
2) Those US presidents dropped as many banking regulations as they could.
What do we have now? We have a Republican President who is trying to drop as many banking regulations as he can.
Watch the 1-hour video to take a deep dive into the 18.6-year global Real Estate cycle to learn more.
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The 4 books I’d read to get started on learning about Bitcoin and why it’s not only useful, but helpful.
In no particular order…
1) Inventing Bitcoin by Yan Pritzker (100 pages, easily read in an afternoon)
2) The Bitcoin Standard by Saifedean Ammous
3) Broken Money by Lyn Alden (longer but really well researched)
4) What is Money by Michael Saylor and Robert Breedlove (also a podcast of the same material)
Let us know if you’ve read any of these and if they helped you on your Bitcoin journey./
