“The greatest trick that central banks ever pulled was convincing the world that individuals must perpetually take risk just to preserve value already created (and saved). It is insane, and the only practical solution is to find a better form of money which eliminates the negative asymmetry inherent to systemic currency debasement.” – Parker Lewis
Let the Gradually, Then Suddenly series never die! Installment #17 comes to us in the 2020 edition of The Bitcoin Times. Parker Lewis hits it out of the park again with a piece detailing the process by which our monetary system has led to a massive, bloated, and over-financialized economy, forcing people to fight just to keep the value they already earned.
“Bitcoin is the Great Definancialization”
Don’t forget to check out the graphics in the piece above and drop some massive applause, also explore the other brilliant pieces in the newest edition of The Bitcoin Times.
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