The Creature from Jekyll Island Fools Gold Lesson: Fiat money is paper money without precious-metal backing and which people are required by law to accept. It allows politicians to increase spending without raising taxes. Fiat money is the cause of inflation and the amount which people lose in purchasing power is exactly the amount which was taken from them and transferred to their government by this process. Inflation, therefore, is a hidden tax. This tax is the most unfair of all because it falls most heavily on those who are least able to pay: the small wage earner and those on fixed incomes. It also punishes the thrifty by eroding the value of their savings. This creates resentment among the people, leading always to political unrest and national disunity. Therefore, LAW: A nation that resorts to the use of Fiat money has doomed itself to economic hardship and political disunity. #Bitcoin is your solution imo. Do your first 4 years of this Bitcoin ecosystem cycles and all its storms. Then the next 4 yrs and other 4 yrs becomes easier. Imo nfa. Buy, stack, hodl and just stay humble. Mayo4Bitcoin๐ฉ๐ฅโพ๏ธ
"Jekyll Island devised method was to allow American Banks to create money out of nothing without paying the penalty of having their currencies devalued by other bank." The Creature from Jekyll Island Book. #Bitcoin can fix this. #Bitcoineducation #Youthoftheworld Mayo4Bitcoin๐ฉ๐ฅโพ๏ธ๐ฏ๐๐ฎ๐ช
#Bitcoin is like an apprenticeship. It takes at least 4 year to understand the @Bitcoin tokenomics and its ecosystem. Take your take and keep on learning so many rabbit holes โพ๏ธ. Imo Mayo4Bitcoin ๐ฉ๐ฅ West of Ireland ๐ฎ๐ช๐๐ฏโพ๏ธ
Just Buy (DCA) and Stack Sats. Learn about the Bitcoin protocol and its technology and protect your future self imo. NFA Mayo4Bitcoin๐ฉ๐ฅโพ๏ธ๐ฏ๐๐ฎ๐ช
