I’ve sent this to so many people.
Stack SATS
Over the past half century, stocks have not risen when measured in real money.
Stocks appear to be rising—society appears to be getting wealthier—because the denominator in which their prices are measured (fiat USD) is continually debased.
Price is going up because the money in which it's measured is dying.
Arguably the greatest illusion in modern society.
And one of the largest contributors to wealth disparity... for the wealthy on average benefit from this phenomenon, while the poor and middle class remain neutral or are harmed.
The great promise of Bitcoin—its great and noble ambition—is that, some years from now, it will perhaps have healed the institution of money in our civilization.
3.84K
9
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.