BitcoinMendocino on Nostr: THE NIXON SHOCK: 53 years ago today the U.S. stopped using ‘money’ and started ...
THE NIXON SHOCK:
53 years ago today the U.S. stopped using ‘money’ and started using fiat currency instead.
$1.00 in 1971 had the same buying power as $7.80 in 2024
Bitcoin is the alternative financial system and a return to hard money.
Published at
2024-08-15 14:58:05Event JSON
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"content": "THE NIXON SHOCK:\n\n53 years ago today the U.S. stopped using ‘money’ and started using fiat currency instead.\n\n$1.00 in 1971 had the same buying power as $7.80 in 2024\n\nBitcoin is the alternative financial system and a return to hard money.\nhttps://m.primal.net/KAYB.jpg\nhttps://m.primal.net/KAYD.jpg",
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