Normie Logic: Bitcoin is backed by nothing.
Reality: Bitcoin is backed by energy expenditure, a fixed issuance schedule that's never been amended, and more raw computing power than anything humanity has ever built.
The dollar is backed by confidence in the same institution sitting on $39 trillion in debt and accelerating.
Bitcoin is the future of money.
Follow if you're serious about building wealth they can't print away.
Thomas Sowell: โIt is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.โ
They call it โquantitative easingโ because โwe printed money and gave it to banksโ wouldnโt survive a headline. The most powerful institutions in the world hide behind language designed to make you feel too stupid to question them.
โGovernment has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should protect citizens from crimes against themselves or their property.โ
โ Milton Friedman