Wealth Systems

Wealth Systems

Buckle Up: Fiat Currency Collapse Fuels Bitcoin Explosion

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Matt McDonagh
Mar 23, 2024
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Wall Street didn't prepare me for this.

Sure, I saw cracks forming in the financial world.

Years of analyzing balance sheets with AI-powered tools gave me an edge. I could spot companies leveraged to the hilt or those playing fast and loose with accounting rules way before others did.

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But something even bigger is brewing now. The very foundation of our economic system – the money we use – is shifting. Let's break it down.

First, there's this thing called "fiat". Basically, it's government-issued money, like the dollars in your wallet. No gold or silver backing it up, just a promise of value.

We trust central banks and governments to manage this system responsibly. But lately, that trust is wearing thin.

Then there's Bitcoin.

It's totally different from fiat. Here's why:

  • The Rules are Set: The total Bitcoin supply is capped at 21 million. No politician or …

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