Knowing #BTC gives you access to see the code (and problems) of the economical matrix. Here's a few:
- Fractional Reserve Banking: Banks lend out more money than they actually have, which can lead to inflation and devaluation of currency.
- Government Debt: Governments borrow money to pay off previous debt, creating a cycle of debt that can be difficult to break.
- Inflation: Printing more money can lead to inflation, which decreases the purchasing power of currency.
- Dependence on Growth: The fiat system needs economic growth to function, which can lead to inflation if growth is too rapid.
- Lack of Transparency: Central banks and governments control the fiat system, which can make it difficult for individuals to understand the true value of their currency.
Knowing #BTC gives you access to see the code (and problems) of the economical matrix. He