#FiatMoney

[theradicalscholar]

🔑💰 The end of the gold standard in 1971 transformed the global financial system, giving rise to fiat money and central bank influence.

🌍💱 The shift sparked debates on the effects, from increased flexibility and financial innovations to rising income inequality.

📈💸 Understanding this pivotal moment is essential to navigating today's financial landscape.

[unpluggedfinancial]

Your Bank Is a Ponzi Scheme (And Here’s Why)

Most people trust their bank. They deposit money, check their balance, and assume their funds are safely stored, ready to be withdrawn at any time. But what if I told you that your bank doesn’t actually have your money? What if I told you that the entire banking system operates in a way that mirrors a Ponzi scheme, yet it’s completely legal?

The concept behind banking is built on fractional reserve banking, a system that allows banks to lend out far more money than they actually have in reserves. When you deposit $1,000 into your bank account, the bank doesn’t keep that money sitting in a vault with your name on it. Instead, it keeps a small fraction of it, sometimes as little as 0-10%, and loans out the rest. The borrower then deposits the loaned money into another bank, which repeats the process. This cycle continues, multiplying the total amount of money in circulation even though no new actual wealth has been created.

Here’s where the problem arises: the money that appears in your account is merely a promise, not an actual balance of funds. If too many people decide to withdraw their money at once, the bank won’t have enough cash on hand to cover the withdrawals. This phenomenon, known as a bank run, has played out in financial crises throughout history. The 2008 financial collapse was a direct consequence of reckless banking practices, where banks gambled with money they didn’t have, and when the bets failed, governments stepped in with massive bailouts using taxpayer money. Similarly, in 2023, institutions like Silicon Valley Bank collapsed under the weight of their own mismanagement, once again proving that the system is built on fragile foundations.

This structure is eerily similar to a Ponzi scheme. In a classic Ponzi scheme, early investors are paid returns using the money from new investors rather than actual profits. As long as new money keeps flowing in, the scheme survives, but the moment withdrawals outpace deposits, the entire structure collapses. Banks operate in the same way, relying on continuous new deposits to sustain their lending practices. The only difference is that when banks fail, they are often bailed out by governments, which means the consequences of their reckless behavior are pushed onto the public.

Bitcoin offers a stark contrast to this system. Unlike banks, Bitcoin operates on a fixed supply of 21 million coins, ensuring that it cannot be inflated or manipulated. There is no fractional reserve lending in Bitcoin. You either own your Bitcoin, or you don’t. Transactions are transparent and verifiable on the blockchain, eliminating the need for blind trust in financial institutions. Bitcoin is a monetary system that doesn’t require bailouts or central control because it functions based on mathematical certainty rather than promises made by bankers.

As the cracks in the traditional banking system continue to widen, more people are beginning to question the institutions they once trusted. The financial world is waking up to the reality that the banking system is fundamentally unsound, and alternatives like Bitcoin are providing a viable escape. The question remains: how long will people continue playing a rigged game before they seek a better way?

Take Action Towards Financial Independence

If this article has sparked your interest in the transformative potential of Bitcoin, there’s so much more to explore! Dive deeper into the world of financial independence and revolutionize your understanding of money by following my blog and subscribing to my YouTube channel.

🌐 Blog: Unplugged Financial Blog Stay updated with insightful articles, detailed analyses, and practical advice on navigating the evolving financial landscape. Learn about the history of money, the flaws in our current financial systems, and how Bitcoin can offer a path to a more secure and independent financial future.

📺 YouTube Channel: Unplugged Financial Subscribe to our YouTube channel for engaging video content that breaks down complex financial topics into easy-to-understand segments. From in-depth discussions on monetary policies to the latest trends in cryptocurrency, our videos will equip you with the knowledge you need to make informed financial decisions.

👍 Like, subscribe, and hit the notification bell to stay updated with our latest content. Whether you’re a seasoned investor, a curious newcomer, or someone concerned about the future of your financial health, our community is here to support you on your journey to financial independence.

📚 Get the Book: The Day The Earth Stood Still 2.0 For those who want to take an even deeper dive, my book offers a transformative look at the financial revolution we’re living through. The Day The Earth Stood Still 2.0 explores the philosophy, history, and future of money, all while challenging the status quo and inspiring action toward true financial independence.

Support the Cause

If you enjoyed what you read and believe in the mission of spreading awareness about Bitcoin, I would greatly appreciate your support. Every little bit helps keep the content going and allows me to continue educating others about the future of finance.

Donate Bitcoin: 

bc1qpn98s4gtlvy686jne0sr8ccvfaxz646kk2tl8lu38zz4dvyyvflqgddylk

[babyawacs]

##whatisdaytimecharged #ugh! .@law @harvard_law @bbc_whys (((.@all))) @world someone in this fxucktup dumpster rules and ruled with yourenotyou batshxit nuts for intelcoma rapes with childfools neverdeveloped for brainfrying analysis development surveillance and with any other shxitball that somehow sticks and chains dissent and ge rmandeserves their fxucktup dumpster they are a l l themselves even the r a r e s t cases where poor souls renounce self to reject pain and playpretend trickeried with and around intelcoma fuckup suffocationerasers brainmelt templating and anyother shitball that sticks while itisabout ruling slaves with intelmethods and now nowyouknow howmanylives didtheyruin //// lawyers banks insurances they set up system to gain loot trickweasel value generation outof the populations that is the difference how toddlers donot cheat eachother selling eachother overpriced caveman cottages is just not the core of the case who do they need to convince  what a stamp or centralbank quirk couldnot itleads to setup fraudsystems to tax from crimes and value generation keeping populations functional not give them the value they generate these arenot just systems and i demand what is mine them see but them shuffle realtime harm with realtimefortune and frame it who to convince then daytime lawyers banks insurances because that fortune is performance based them use in which volumes and thatis my share of thatvalue generated inthe age of crypto money from nothing centralbank fiatmoney from nothing for what and them see my share of earned things but me not because of a shithole fraud the case forever and the owner ofthefortune me explains thecourt the daytime securitysystem and court demand what ismine while them shuffle realtime harm with realtime fortune is where itis from oath signed inthe informationasymmetry them make to fraudme alittlelonger and harm realtime realtime harm with realtimefortune‎ lawyers banks insuran ces the difference is: germans constantly efforted shufled harms realtime realtime harms with realtime fortune itisnot only daytime harms frauded  and factually blackballed they a l w a y s effort uncounted times realtime harm for realtime fortune  what is daytime charged oathsigned that is more than nuclear  //// as everymorning smokealarm blinks far and high whatisgroundcumulation oncemore itisnot subjective ican ewait the intervals and snapshot the blink but itis everymorning tothat thereis access oddity demystify dontdoomanyone //// lawyers banks insurances idaytime charged oathsigned where the fortune is from find "nachtzeit operationen" and "handelt viele weitverbreitete gueter" "realzeit oekonomie" and foremost #keypoint who dothey try toconvince especially in fiat currency local banks make centralbank money  inflated centralbanks and crypto the guy that daytimecharges he is frauded with the system with av erted immunisation with existing fortune with system packit simply behind the intelwall theguy they blackballeddaytime and not com pensate monstrosities that guy demands his fortune  explaining the security systemtothecourts oathsigned

someone in this fxucktup dumpster rules and ruled with yourenotyou batshxit nuts for intelcoma rapes with childfools neverdeveloped for brainfrying analysis development surveillance and with any other shxitball that somehow sticks and chains dissent and germandeserves their fxucktup dumpster they are a l l themselves even the r a r e s t cases where poor souls renounce self to reject pain and…

[fincopfnc]

"The Evolution of Money" refers to the historical development and transformation of the means of exchange and store of value used by human societies. Money has played a crucial role in facilitating economic transactions and is a fundamental element of modern economies. Here is an overview of the key stages in the evolution of money. #bartersystem, #commoditymarket, #fiatmoney #Crypto_Currency

[lovezacblr]

When they give stacks of cash to children to play with, that's a sign you're economy is teetering on hyper inflation as money becomes worthless (much like the value of a college degree). #FiatMoney #CashIsTrash #LateStageSocialism #CrackUpBoom🌋💵💳

[sciencetopics]

What is a Wire transfer (Large Value Payment System)?

The Wire transfer is basically a type of Electronic fund transfer that makes the movement of money wirelessly and spontaneously. It can be simplified as a direct bank-to-bank transfer either domestically or internationally. For domestic transactions, each country uses its own wire transfer methods. One of the important country-based wire transfer services is RTGS (Real Time Gross Settlement), which involves secure and fast transactions of the amount over the country.

[alphadesigner]

The sanctions against Putin reminded me about how outdated (and kind of ugly) the Russian ruble has become. And given the rampant inflation that’s coming, I guess Putin will have to print a lot of banknotes, so I figured I could offer my services designing them. I believe that by updating the aesthetic and adding a pinch of much needed gay eroticism to it will help preserve some of the value, even if it’s just on the artistic side. So, Vladimir, if you’re reading this, call me 💋

Photography, illustration & design @alphadesigner

Model @chrinos92

Project @deviantnude 

[nftcenter]

Join our Discord server (link in Bio) JPMorgan, the largest bank in the U.S., said it has become the first lender to arrive in the metaverse, having opened a lounge in Decentraland, a virtual world based on blockchain technology. As well as the unveiling of the Onyx lounge (the name refers to the bank’s suite of permissioned Ethereum-based services), JPMorgan also released a paper exploring how businesses can find opportunities in the metaverse. "There is a lot of client interest to learn more about the metaverse,” Christine Moy, JPMorgan’s head of crypto and the metaverse, said in an email. “We put together our white paper to help clients cut through the noise and highlight what the current reality is, and what needs to be built next in technology, commercial infrastructure, privacy/identity and workforce, in order to maximize the full potential of our lives in the metaverse.” . . . • Join our social networks: Link in Bio • Tag us to be part of the community: #nftcenter • Let’s talk NFTs! DM us for collaboration. #nft #nfts #metaverse #vr #ai #virtualreality #digital #meta #bank #jpmorgan #news #eth #money #fiatmoney #Crypto #nftnews #nftcenter #business #nftcommunity #digital #cryptocurrency #web3 #dao https://www.instagram.com/p/CaFhDIHs79y/?utm_medium=tumblr

[samfinanceblog]

Crypto Vs Fiat Money

[babyawacs]

#ugh! .@law @harvard_law @bbc_whys @all @world lawyers banks insurances they set up system to gain loot trickweasel value generation outof the populations that is the difference how toddlers donot cheat eachother selling eachother overpriced caveman cottages is just not the core of the case who do they need to convince  what a stamp or centralbank quirk couldnot itleads to setup fraudsystems to tax from crimes and value generation keeping populations functional not give them the value they generate these arenot just systems and i demand what is mine them see but them shuffle realtime harm with realtimefortune and frame it who to convince then daytime lawyers banks insurances because that fortune is performance based them use in which volumes and thatis my share of thatvalue generated inthe age of crypto money from nothing centralbank fiatmoney from nothing for what and them see my share of earned things but me not because of a shithole fraud the case forever and the owner ofthefortune me explains thecourt the daytime securitysystem and court demand what ismine while them shuffle realtime harm with realtime fortune is where itis from oath signed inthe informationasymmetry them make to fraudme alittlelonger and harm realtime realtime harm with realtimefortune‎ lawyers banks insuran ces the difference is: germans constantly efforted shufled harms realtime realtime harms with realtime fortune itisnot only daytime harms frauded  and factually blackballed they a l w a y s effort uncounted times realtime harm for realtime fortune  what is daytime charged oathsigned that is more than nuclear  //// as everymorning smokealarm blinks far and high whatisgroundcumulation oncemore itisnot subjective ican ewait the intervals and snapshot the blink but itis everymorning tothat thereis access oddity demystify dontdoomanyone //// lawyers banks insurances idaytime charged oathsigned where the fortune is from find "nachtzeit operationen" and "handelt viele weitverbreitete gueter" "realzeit oekonomie" and foremost #keypoint who dothey try toconvince especially in fiat currency local banks make centralbank money  inflated centralbanks and crypto the guy that daytimecharges he is frauded with the system with av erted immunisation with existing fortune with system packit simply behind the intelwall theguy they blackballeddaytime and not com pensate monstrosities that guy demands his fortune  explaining the security systemtothecourts oathsigned

lawyers banks insurances they set up system to gain loot trickweasel value generation outof the populations that is the difference how toddlers donot cheat eachother selling eachother overpriced caveman cottages is just not the core of the case who do they need to convince what a stamp or centralbank quirk couldnot itleads to setup fraudsystems to tax from crimes and value generation keeping…

[hodlcrypto-blog]

The banking system benefits the few. Crypto is for everyone. We support sound money, independent of government, banks, & political parties. We have strength in numbers. We can't be stopped. Join us. #HODL • See more at hodlcrypto(dot)co - link in bio • #hodlcrypto • #fiat #banking #currency #digitalcurrency #liberty #freedom #bitcoin #cryptoassets #digitalassets #ethereum #fiatmoney #centralbanking #decentralization #trustless #immutable #decentralized #cryptocurrency

[btcmemes]

Former Fed chairman, Lloyd Christmas. 🤓 #fiat #fiatmoney #dumbanddumber #keynesian #gobrrrr #fiatistrash #investfiat #stackbtc (at The Forum Shops at Caesars) https://www.instagram.com/p/CEwoqtvgV9q/?igshid=rd8s3gqyiy4c

[aaronolmos]

Hoy 30/05 el camino para la #CashlessSociety ya está abierto, solo falta transitarlo sabiamente, construyendo bases sólidas desde la investigación y el estudio de la convergencia #FiatMoney/#DigitalMoney/#CBDC/#Cryptocurrency desde la política económica, específicamente la monetaria y cambiaría, en el marco de desarrollo de las primeras líneas de #Criptoeconomia y adopción de medios de pago híbridos. #Economía #Economiadigital #Blockchain #EconomíaBlockchain #Bitcoin #Criptomonedas #Criptoeconomia #Adopción #Fintech #Emprendimiento #Innovación #Adopción #Empresas (en El Silencio, Distrito Federal, Venezuela) https://www.instagram.com/p/CA0bKHZAxqX/?igshid=u9mu15gpb7yj

[babyawacs]

#ugh! .@law @harvard_law @bbc_whys @all @world lawyers banks insurances because that fortune is performance based them use in which volumes and thatis my share of thatvalue generated inthe age of crypto money from nothing centralbank fiatmoney from nothing for what and them see my share of earned things but me not because of a shithole fraud the case forever and the owner ofthefortune me explains thecourt the daytime securitysystem and court demand what ismine while them shuffle realtime harm with realtime fortune is where itis from oath signed inthe informationasymmetry them make to fraudme alittlelonger and harm realtime realtime harm with realtimefortune‎ lawyers banks insuran ces the difference is: germans constantly efforted shufled harms realtime realtime harms with realtime fortune itisnot only daytime harms frauded  and factually blackballed they a l w a y s effort uncounted times realtime harm for realtime fortune  what is daytime charged oathsigned that is more than nuclear  //// as everymorning smokealarm blinks far and high whatisgroundcumulation oncemore itisnot subjective ican ewait the intervals and snapshot the blink but itis everymorning tothat thereis access oddity demystify dontdoomanyone //// lawyers banks insurances idaytime charged oathsigned where the fortune is from find "nachtzeit operationen" and "handelt viele weitverbreitete gueter" "realzeit oekonomie" and foremost #keypoint who dothey try toconvince especially in fiat currency local banks make centralbank money  inflated centralbanks and crypto the guy that daytimecharges he is frauded with the system with av erted immunisation with existing fortune with system packit simply behind the intelwall theguy they blackballeddaytime and not com pensate monstrosities that guy demands his fortune  explaining the security systemtothecourts oathsigned

lawyers banks insurances because that fortune is performance based them use in which volumes and thatis my share of thatvalue generated inthe age of crypto money from nothing centralbank fiatmoney from nothing for what and them see my share of earned things but me not because of a shithole fraud the case forever and the owner ofthefortune me explains thecourt the daytime securitysystem and court…