Bitcoin Will Protect Your Wealth From The Government
The parasite that is the government, extracting your value and hard work, is cured through bitcoin.The government is a parasite masquerading as our friend. Rulers want us to believe they have our best interest in mind while enriching themselves and their cronies. The simple truth is governments exist to maintain themselves. They never shrink, they always get larger. This is as true of democracies as it is of dictatorships. The unstated goal is for the 1% to enrich themselves at the expense of the 99%. It has been true throughout all of human history, and it is today. Sounds harsh, but if....
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Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper in a journal published by the Central Bank of Nigeria (CBN) found, Nigerians’ use of dollars exceeds IMF’s 30% threshold. Exchange Rate Volatility and Currency Substitution According to a report, this preference for foreign currencies (or currency substitution as CBN economists call it) however, needs to be contained in order to maintain the effectiveness of the central....
Simon Chamarro discusses how his platform, Valiu, helps Venezuelans protect their wealth from inflation. The post Video: Valiu And Protecting Wealth In South America appeared first on Bitcoin Magazine.
Professional soccer player Ryan Babel has reportedly onboarded teammates to bitcoin, helping them secure and grow their wealth.
Bitcoin, the leading cryptocurrency with a total market cap of almost $393 billion, is once again included in conversations involving assets that could help protect wealth when economic apocalypse happens. This is after Robert Kiyosaki, the American businessman who authored the finance-focused “Rich Dad, Poor Dad” book, shared his sentiments about the U.S. Federal Reserve’s […]