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2024-12-20 15:34:02

WBTM on Nostr: When President Nixon said, "I have directed Secretary Connally to suspend temporarily ...

When President Nixon said, "I have directed Secretary Connally to suspend temporarily the convertibility of the dollar into gold," it was a game-changer. This moment, folks, marks the birth of #FIAT money as we know it! No longer backed by gold, the #USDollar's value became a trust exercise with the government. Makes you wonder, doesn't it? How solid is that trust? Enter #Bitcoin, a currency that doesn't rely on government promises. Thoughts? 💭💸🔍 #MonetaryStability #GoldStandardNoMore https://youtu.be/7_Xw5tWsOQo
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