228 years ago the U.S. dollar was created and ever since then, the national currency has been both powerful and controversial at the same time. Moreover since 1971, after being backed by precious metals for decades, American dollars have been backed by nothing and estimates say a quarter of the U.S. monetary supply was created in 2020 alone. The U.S. dollar conflict has led a number of analysts and economists to believe the U.S. monetary hegemony is on its last leg. The Story of the US Dollar’s Devaluation When you talk to someone about bitcoin , they often grow confused and say that it is too complicated for them to understand. However, when you ask them if they understand the meaning of fiat currency and how the U.S. dollar operates, they will likely be clueless about that matter as well. It’s likely the reason the very structure of how it operates continues to this day, without question from the citizenry, but has fallen victim to the mistakes of the past. People should underst
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