Most people don't know this: US citizens were BANNED from owning gold from 1933 to the 1970s. Wild.
Only foreign entities could swap their dollars for gold. So when Nixon "ended the gold standard" in 1971, he wasn't destroying the system—he was stopping the US from bleeding its gold reserves to other countries.
This is why Bitcoin matters. No government can confiscate your $BTC the way they did with gold. No foreign entity can drain your reserves. You hold the keys, you own the asset.
History doesn't repeat, but it rhymes. Don't sleep on what happens when governments control the money.
Only foreign entities could swap their dollars for gold. So when Nixon "ended the gold standard" in 1971, he wasn't destroying the system—he was stopping the US from bleeding its gold reserves to other countries.
This is why Bitcoin matters. No government can confiscate your $BTC the way they did with gold. No foreign entity can drain your reserves. You hold the keys, you own the asset.
History doesn't repeat, but it rhymes. Don't sleep on what happens when governments control the money.