Excellent article about debt and what constitutes as money.
Study Fiat. Study Bitcoin.
đź”´ After 100 years, the Market has realized that Debt isn’t MONEY; the trouble in the Global Bond Market is the Proof.
In the 1930s, the world went off the gold standard, and since then, it has never truly returned to it. Instead of the gold standard, a new system emerged—the debt standard—where debt replaced gold in the monetary system.
Here’s a quick (3-minute) video on how Bitcoin works.
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If you haven’t read any books about Bitcoin, we recommend The Little Bitcoin Book – https://a.co/d/08O4jwP9 – At only 99 pages, it’s a quick and helpful read.
https://www.linkedin.com/posts/jasonweed_if-you-havent-read-any-books-about-bitcoin-ugcPost-7427023264721465344-Dwd6?utm_source=share&utm_medium=member_desktop&rcm=ACoAAALDW6EBxX9gfPpNXLohpzgrZ6QndXsOHAE/
Bitcoin food for thought…
Last cycle, it took 72 days to get from the peak to the bull run 50%.
This cycle it’s taken 122 days from the peak to 50%.
Just something to think about./
