It was said that one thing about history is that we do not learn from history. The debasement of currency is not new and will continue into the future. The behaviors to it don't change either. Romans, especially wealthy Romans, diversified their income and their savings of wealth. It was harder compared to today because unlike today where everything in financialized, fun fact the U.S. is the most financialized country. In past time everything was a hard asset. Now while Bitcoin is a off ramp to excess liquidity, it is becoming more centralized day by day as it is adopted into the system. And while the cryptography or source code, 2nd layer options, & multi exchange offer some relief, energy is the ultimate Achilles heel. We do not control the grid and with all the shenanigans the governments are playing with the grid, it would behoove oneself to remember a better network & useful skills are the ultimate hedge.
It was said that one thing about history is that we do not learn from history. The debasement of currency is not new and will continue into the future. The behaviors to it don't change either. Romans, especially wealthy Romans, diversified their income and their savings of wealth. It was harder compared to today because unlike today where everything in financialized, fun fact the U.S. is the most financialized country. In past time everything was a hard asset. Now while Bitcoin is a off ramp to excess liquidity, it is becoming more centralized day by day as it is adopted into the system. And while the cryptography or source code, 2nd layer options, & multi exchange offer some relief, energy is the ultimate Achilles heel. We do not control the grid and with all the shenanigans the governments are playing with the grid, it would behoove oneself to remember a better network & useful skills are the ultimate hedge.
next great must to read article . I like easy to understand comparing history to nowadays and I’m looking forward on future BTC🤝✔️