Read now to learn how Bitcoin were made to be eventually spent, even if most people right now are hodling their Bitcoin long-term.
Inflation is the #1 driver of financial inequality around the world. But governments and the economists they sponsor certainly won’t tell you that. Why would they? They profit too much from the inflation they cause.
But inflation does its damage:
Inflation causes purchasing power to decrease, because the cost of goods and services tends to increase far faster for most people than their wages do.
Inflation causes people to save less because they’re aware, even if only subconsciously, that the fiat currencies sitting in their wallets and bank accounts buy less the more that time passes.
Inflation incentivizes people to get into debt, even bad debts, because it tends to become cheaper to manage as inflation takes its toll.
Most people aren’t oblivious to the evils of inflation. They see them every day. So governments have to kick their fear mongering into overdrive in order to convince people that other systems are worse than their own...
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