Review ✨ bitcoin financial book that changes your outlook for life💵

As I started studying investment, finance 💸📊 made me look for assets that are close to the word "gold" that don't make the value we collect lose anywhere. Because the paper money we use today is only declining in value over time, the government can print money out unlimited to stimulate the economy to circulate money within the system, but I don't know if it results in more severe inflation. We bought a house or a car that only cost more than 10 years ago. Even if we work, keep the money, the money we deposit will continue to deteriorate, causing us to work harder and nowhere. End, another solution to the asset is Bitcoin Digital Cash, so I'll summarize five ideas from The Bitcoin Standard that you should read.

1.Fiat Money (paper money) 💸 we use will not be different from shells, salts, silver and copper coins, but will degrade from the low stock-to-Flow (the total amount of assets available per amount of new assets produced when there is a high production rate, resulting in a decline in the value of accumulation, resulting in easy money).

2. In 1971, the Nixon Shock 📈 that all countries left the gold standard and used Fiat money was considered a real culprit who eroded our ability to save money and our low time commentary, leading to such crazy spending that there was no money to store it, because it continued to deteriorate in value.

3. Gold is a great source of value, but the restrictions on exchange in volume and time make it difficult to buy and sell, and Bitcoin was born by Satoshi Nakamoto (Bitcoin was created and never appeared again).

4.Bitcoin is Sound Money, which combines the advantages of gold, but using the Peer to Peer exchange system (exchange between two individuals without passing any intermediary) makes it easy to exchange across continents for a short period of time, suitable for capital accumulation, because the supply is limited to $21,000,000, and every four years, Halving halves Bitcoin mining and halves to $21 million.

5.Bitcoin still needs a lot of proof to be acceptable to people, but even now, with elements that are easy to exchange, limited supply, and difficult to produce, it is truly suitable for an alternative financial system without a center of control.

So it's a book worth reading. In a world where states are so powerful that money is so overwhelming that people like us are so exhausted about how much money is not enough to spend and save, we have to find the choice of real money to accumulate capital and create wealth on our own. ✨

The book link follows this: https://s.shopee.co.th/803ckzQr3t From the comment.

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