BITCOIN TO REPLACE FIAT DEBT NOTES AS ECONOMY COLLAPSES
Due to inflation, $15 in 1913 = $381.80 in 2018
You know that $15 minimum wage we hear people talking about? Minimum wage will NEVER keep pace with the hidden "tax" called inflation!
If it wasn't for inflation (money manipulation) a person could start living a half decent life with $1 per hour!
$1 in 1913 = $25.45 in 2018
While raising the minimum wage is reasonable, it only places a bandaid on a gushing mortal wound. Elected officials have refused to address this for the last 100+ years, so we don't expect them to magically find their morals any time without our lifetimes.
http://www.in2013dollars.com/1913-dollars-in-2018?amount=1
Enter, Bitcoin...
"Bitcoin (according to its creator "Satoshi Nakamoto" https://bitcoin.org/bitcoin.pdf) is "a purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."
That means: no third party non-elected blood-sucker permission required!
So, what do the financial experts think about all of this?
"Robert Kiyosaki, shared his concerns about the current state of the US economy and its currency – the dollar, which isn’t backed by gold since President Nixon conclusively took it off the gold standard in 1971.
The author of the bestseller holds that this turned the US dollar into “fake money”:
"I’ve always been a gold bug. My latest book coming out is called Fake. There’s so much fake money. In 1971 Nixon took the dollar off the gold standard and the US dollar became fake money."
According to Kiyosaki, the constant printing of more money is inflating a large bubble which will cause the next massive economy crash."
https://bitcoinist.com/rich-dad-poor-dad-bitcoin-peoples-money/
Congratulations @nobleguard! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!