Fiat vs. Hard Money: Why Inflation Matters đ
đ” Fiat money is the currency issued by governments, like dollars or euros. It's not backed by physical commodities and can be printed endlessly. This unlimited printing often leads to inflation, meaning your money buys less over time.
đ Hard money, like gold, has a limited supply and is difficult to produce more of. Its scarcity makes it a reliable store of value. As fiat currencies inflate and lose purchasing power, hard assets like gold tend to appreciate.
Enter Bitcoin, the digital form of hard money. Bitcoin has a fixed supply of 21 million coins. As governments continue to print their fiat money, Bitcoin and other hard money assets become more attractive as a hedge against depreciating national currencies đ
Understanding the difference between fiat and hard money can help you protect your wealth. In a world of endless fiat inflation, scarce assets will offer a way to preserve and grow your value over time
