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In 1976, the US government officially took the dollar off the gold standard.

Kyrrex
Kyrrex
Twitter
30 Aug 2023, 13:48
In 1976, the US government officially took the dollar off the gold standard. From this point, the international monetary system was made of fiat money only. As a result, governments were able to print money out of thin air. Since then, US citizens have lost almost 90% of their purchasing power. In other countries, people even lost the same in 1 year. We need Bitcoin to fix that.