Forwarded from 💥
In January 2002, the total value of physically existing euros, including banknotes and metal coins, amounted to 234 billion. Over the course of 18 years, the European Central Bank (ECB) printed new currency, multiplying this figure by more than 5 times, bringing it to 1308 billion.
Read More : https://bitcoinnews.com/tragedy-of-fiat-money/
#bitcoinnews #bitcoin #assetprotection #business #centralBank #culture #economics #financial #freedom #fundamentals #government #history #ideology #inflation #lifestyle #politics #regulation #saving #society #technology
Read More : https://bitcoinnews.com/tragedy-of-fiat-money/
#bitcoinnews #bitcoin #assetprotection #business #centralBank #culture #economics #financial #freedom #fundamentals #government #history #ideology #inflation #lifestyle #politics #regulation #saving #society #technology
Bitcoin News
The Tragedy of Fiat Money
Over the course of the last 18 years, the European Central Bank (ECB) printed new currency, multiplying money supply by more than 5 times, bringing it to 1308 billion. Here we discuss whether or not the central bank’s actions could be considered a robbery.
Forwarded from O Plano ₿
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Os bancos centrais não conseguem parar de imprimir dinheiro — ouça o analista de Bitcoin Dylan LeClair 👇
"Há tanta dívida no sistema que a única opção é imprimir."
Dublado por I.A
@OplanoB
#Bitcoin #blockchain #satoshinakamoto #dylanleclair #dívidas #impressaodedinheiro #printmoney #bancocentral #centralbank
"Há tanta dívida no sistema que a única opção é imprimir."
Dublado por I.A
@OplanoB
#Bitcoin #blockchain #satoshinakamoto #dylanleclair #dívidas #impressaodedinheiro #printmoney #bancocentral #centralbank
#Swiss crypto advocates urge #centralbank to add Bitcoin to national reserves
Defensores das criptomoedas suíças pedem que #bancocentral adicione Bitcoin às reservas nacionais
https://cryptoslate.com/swiss-crypto-advocates-urge-central-bank-to-add-bitcoin-to-national-reserves/
Defensores das criptomoedas suíças pedem que #bancocentral adicione Bitcoin às reservas nacionais
https://cryptoslate.com/swiss-crypto-advocates-urge-central-bank-to-add-bitcoin-to-national-reserves/
CryptoSlate
Swiss crypto advocates urge central bank to add Bitcoin to national reserves
Proponents argue that having 75% of foreign currency holdings in US dollars and euros expose Switzerland to devaluation risks.