Depreciation of the value of incredible FIAT currencies against Bitcoin

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3 years ago


Bitcoin is a 100% digital currency, with decentralized management and a low inflation rate.

Its production is limited, its inflation is controlled, and its potential for socio-economic inclusion is unquestionable.

Just over 11 years ago Bitcoin brought blockchain technology to the world of finance, and introduced a disruptive technology that came to change currency concepts, especially in the context of what is fiduciary.

The fiat currencies practically support something that certainly does not exist anymore: trust in the Government.

Extremely volatile, the confidence that the Government brings to us is empirical, and this means that fiat currencies do not actually have ballast, as well as everything that is empirical.

Its production should be minimal and its supply and reserves should be scarce, but in this way Governments would not impose sovereignty on the failing mentality of an entire herd.

Printing money and breastfeeding the dough is the way out, and it has evaporated the basic concepts of a healthy economy, controlled interest rates and moderate inflation.

The United States may have wiped out money from gold, but the economy alone rubs in the face of “fiduciaryism” what the offer does to the value of things.

The greater the offer of something, the less it will be worth. This is basic economics.

With the FIAT currency, things could not be different. And as the ink of Central Bank printers never runs out, the value of FIAT wanes.

Since the creation of Bitcoin, all currencies in the world have lost immense value before it.

There is not even one FIAT currency in the world that has not lost more than 95% of its value in the face of Mr. Satoshi Nakamoto's cryptocurrency.

Our dear Naka (as I mentioned in other reports), did something so decentralized that even he himself disappeared.

Impeccable reasoning, extraordinary mentality and excellent attitude.

In fact Bitcoin has no father, or rather: I am the father of mine!

Making a comparison with some of the main FIAT currencies in the world, we have two extreme opposites.

FIAT coins have never had so much on offer, and have never been so low. The number of Bitcoins on the market, on the other hand, grows at a pace of turtle, and its value at a pace of pace.

Comparing the value of FIAT currencies in the main world economies with the price of Bitcoin over the past 5 years, the devaluation is immense.

The American Dollar, the European Community Euro, the Japanese Yen, the Chinese Yuan, and the Canadian and Australian Dollars, all of them languished in value against Bitcoin.

In fact, these currencies fight to find out who is devaluing less in relation to the world's main crypto. All of them have devalued above 97%.

If so are the largest and most well-founded economies in the world, imagine the worst.

The African continent is increasingly looking for cryptocurrencies, both to escape the inflation of its currencies and as a means of including healthy economic policies.

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