HEATH MUCHENA: Is bitcoin the great escape from a broken system?
While central banks are printing money at unprecedented rates, the cryptocurrency is the antidote to inflation
19 February 2025 - 05:00
For as long as money has existed so has the struggle over who controls it. Kings, emperors, banks and governments have fought, schemed and manipulated their way into monopolising money because when you control money, you control people.
And for centuries we’ve played along. We’ve accepted that our wages lose value over time, that banks can freeze our accounts and that governments can print trillions of dollars out of thin air while telling us to “tighten our belts”. ..
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