Month: December 2020
Fiat currencies have traditionally shed most of their value after de-pegging from gold, and the most effective means to secure versus an inescapable decline of the UNITED STATE buck is to get bitcoin or gold, claims Alex Mashinsky, Chief Executive Officer of Celsius Network.
" The history of fiat shows that every fiat money, with time, will lose all its worth," Mashinsky stated.
0:00 – Background of fiat currency devaluation
7:12 – Monetary policy
9:40 – Overview on economic climate
14:48 – Preferred fields
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