H̶e̶y̶ ̶g̶u̶y̶s̶ ̶d̶o̶n̶'̶t̶ ̶f̶o̶r̶g̶e̶t̶ ̶t̶o̶ ̶o̶f̶f̶r̶a̶m̶p̶ ̶y̶o̶u̶r̶ ̶c̶r̶y̶p̶t̶o̶ ̶t̶o̶ ̶f̶i̶a̶t̶ ̶i̶n̶ ̶t̶i̶m̶e̶ ̶s̶o̶ ̶w̶e̶ ̶c̶a̶n̶ ̶b̶u̶y̶ ̶g̶i̶f̶t̶s̶ ̶f̶o̶r̶ ̶o̶u̶r̶ ̶f̶r̶e̶n̶s̶,̶ ̶f̶a̶m̶i̶l̶y̶ ̶&̶ ̶S̶O̶s̶.̶You can now use this at all Visa/Mastercard stores: https://t.co/pGwqCgjlUb ...

RT btc quokka ⚡️🇦🇺 (@btcquokka)@ClareONeilMP In gold terms house prices have halved since 1971. Median house, 333 ounces then, now 166 ounces. House prices aren’t going UP! Fiat Ponzi dollars are just going down because there’s no cost to printing more of them. Followed to its logical end, the dollar is going to a FAT 0️⃣ ...

🎥 WATCH: Morgan Creek Capital’s @MarkYusko says fiat loses around 7% of its value every year and suggests shifting your savings bucket into Bitcoin gradually.Are you buying the dip? https://t.co/RTeTb6XD0s ...

RT Bob Dewey (@macroleverageTP)@saifedean and I discussed how fiat changes human time preference. His new book The Gold Standard explains this brilliantly.Here’s Lyn Alden showing exactly how that happens:“When money supply grows faster than resources, debt becomes rational. You short the money to buy real assets.”Clip below from our gold roundtable.h/t @LynAldenContact, @BobMurphyEcon, and @thetrocro ...

"Bitcoin and Litecoin is better money than fiat, obviously. It's also better money than Gold. I believe it's the best form of money humans have ever come across."- Charlie Lee https://t.co/qzxYeTarV0 ...

RT Guy (@Credib1eGuy)I’m a going to try and induce a local zop here by letting out my inner belief at this point:$ZEC is a better way for the public to signal detraction from fiat than $BTCIf Zcash hashrate gets even close to bitcoin, there’s no point to BTC, core devs are proving to be idiots ...

Happy Bitcoin Whitepaper Day 🧡There’s no ceiling for Bitcoin because there’s no bottom for fiat. https://t.co/IoU3X1RrLi ...

RT Nick Szabo (@NickSzabo4)The last. If you are holding Bitcoin you are holding Bitcoin, if you are holding bitcoin (i.e. other-custodied) you are holding bitcoin (a claim of some sort for Bitcoin or equivalent value, presumably), if you are holding stock you are holding (usually also a claim for) stock, if you are holding art you are holding art, if you have a fiat savings account you are holding a claim for that fiat, etc. I don't know why people make this so much harder than it really is with such gooey ...

Historical Monetary Policy - Bretton Woods system allowed certain foreign governments to redeem dollars for gold at a fixed price [1] - The dollar supply increased at a faster rate than the gold supply, leading France to exchange dollars for gold [1] - In 1971, President Nixon was compelled to transition to a full fiat currency system [1] Gold Reserves - Historically, the New York Federal Reserve has consistently held more gold than Fort Knox [1]

RT Nick Szabo (@NickSzabo4)Eventually default turned these gold IOU paper notes into fiat. BofE started refusing to honor its notes in 1931. The Fed reduced the amount of gold it would redeem a dollar for in 1933, restricted gold trade by targeting the centralized bank vaults, and went full fiat in 1971. ...