Bitcoin

“If you own cash in the world today, you know your central bank has an avowed goal of depreciating its value 2% per year. So you have, in essence, a wasting asset in your hands.” Billionaire Ray Dalio was even more blunt: “cash is trash.” This all happens because the Federal Reserve and central banks inflate the money supply by printing money. And it needs to end. This is why bitcoin matters. No-one — absolutely no-one — can fuck with the supply. No-one can inflate it beyond the 21 million cap or create more BTC each day. No-one can take your money away through inflation. It’s the first digital thing designed to store value, to store wealth.

submitted by /u/wizzzzo1
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