No Pun Intended.
On August 15 1971 President Nixon announced that he would remove the dollar from the gold standard essentially fucking countries that held gold in our vaults of their gold supply. The result was a dollar that was no longer backed by a hard asset and at which point became an instrument of debt in which to spread liability of US spending to those world holders of the dollar. That is, until the day Bitcoin arrived. So how will Bitcoin facilitate a return of fair monetary value and distribution?
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