ABitSpicy on Nostr: When discussing why central banks don’t sell their gold, even after fiat currency ...

When discussing why central banks don’t sell their gold, even after fiat currency stopped being redeemable for gold, the following statement from saifedean (npub1gdu…6nak) is offered in The Bitcoin Standard:
“In this trade, the central bank would only gain a fiat currency it can print itself, and would lose an asset which will likely gain value over its own currency”.

While you set out your vision and goals for 2025, spend some time learning about fiat currency, like the US dollar, and what types of assets are likely to gain value over time.

A great place to start is reading The Bitcoin Standard, available at: https://saifedean.com/tbs

Your future self will thank you!