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Bitcoin Fixes the Greatest Crime of Our Lifetime
The longer that you are in the cryptocurrency market, there is one phrase that you begin to hear time after time. “Bitcoin Fixes This.” But what does it mean? Why do people say it? And what is it fixing? As a Bitcoiner these are the most important questions that you need to find the answers to. Once you have fully gone down the Bitcoin rabbit hole and learned what it is really going up against. That is the moment when it becomes impossible for you to go back to your old life before getting into Bitcoin.
Simply put, Bitcoin is attempting to fix the biggest crime of our lifetimes. The crime of governments moving to fiat currencies and inflating our savings away.
Years ago currencies used to be backed by real assets. As recently as last century currencies were still backed by gold, silver, and other wealth-preserving assets. But everything began to change after World War II. The world found itself in extreme days, and they needed excess money to help rebuild the world. This is what eventually led to the US dollar becoming the world reserve currency, which was backed by gold at the time.