In the meantime, you can spread public awareness about the issues with FIAT currencies around the globe.
I’m mostly talking about:
Deficit spending: Where your central bankers are allowed to lend out more then they have, but ask interest for it.
Fractional banking: Where your regional bankers are allowed to lend out X% of money that you deposit.
In laymans terms “printing money”.
Both lead to eventual but guaranteed hyper inflation due to increases in the money supply.
See for yourself by looking up the EUM3, GBM3 and USM2 charts, which visualize the total circulating money supply.
Economics 101:
Chart goes up?
More in circulation, each unit worth less, due to abundancy
Chart goes down?
Less in circulation, each unit worth more,
due to scarcity.
If you look up the charts,
you’ll see them generally rising over-time.
With a small periodic dip here/there,
but generally rising.
However, we need a system that has a frigging straight line…
Instead of centralized private entities (ECB, FED, BOE) pulling the strings as to where it goes.
My hope lies in crypto for this, which humanity is doing a good job of, of ruining it’s reputation.
But my faith in the OG crypto principles/projects remain.
In the meantime, you can spread public awareness about the issues with FIAT currencies around the globe.
I’m mostly talking about:
In laymans terms “printing money”.
Both lead to eventual but guaranteed hyper inflation due to increases in the money supply.
See for yourself by looking up the EUM3, GBM3 and USM2 charts, which visualize the total circulating money supply.
Economics 101:
If you look up the charts, you’ll see them generally rising over-time. With a small periodic dip here/there, but generally rising.
However, we need a system that has a frigging straight line… Instead of centralized private entities (ECB, FED, BOE) pulling the strings as to where it goes.
My hope lies in crypto for this, which humanity is doing a good job of, of ruining it’s reputation. But my faith in the OG crypto principles/projects remain.