"He printed money out of thin air. He diluted your life's effort." — Diogenes on the origin of fiat currency.

Alexander the Great melting down pure gold drachmas and mixing them with 50% copper is the exact historical blueprint of what central banks do today. I animated this short video essay explaining the ancient roots of currency debasement. This is why sound money matters. submitted by /u/Bulky_Treacle_5971 [link] [comments]

from Bitcoin - The Currency of the Internet https://ift.tt/RkiTxL7