KBM on Nostr: “Throughout the ages, currencies have ceased to exist because of one rudimentary ...
“Throughout the ages, currencies have ceased to exist because of one rudimentary fact: governments are unable to resist the temptation to create free money for themselves.”
From the book “Layered Money”
A powerful quote because we’ve seen this playout with damaging results in different countries. It’s why we see, with Bitcoin, the people this happened to in those countries found: sovereignty, peace of mind, healing and a new sound money system that’s digital, scarce, easily transferable and transmit-able that they can call their own.
Published at
2025-08-09 01:55:08 UTCEvent JSON
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"content": "“Throughout the ages, currencies have ceased to exist because of one rudimentary fact: governments are unable to resist the temptation to create free money for themselves.”\n\nFrom the book “Layered Money”\n\nA powerful quote because we’ve seen this playout with damaging results in different countries. It’s why we see, with Bitcoin, the people this happened to in those countries found: sovereignty, peace of mind, healing and a new sound money system that’s digital, scarce, easily transferable and transmit-able that they can call their own. ",
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