It cannot be manipulated by central banks from "summary" of The Fiat Standard by Saifedean Ammous
The fact that it cannot be manipulated by central banks is what makes Bitcoin so unique and valuable. Unlike fiat currencies, which are subject to the whims of central bankers who can print as much money as they see fit, Bitcoin operates on a decentralized network that is not controlled by any single entity. This means that no government or central bank can influence the value of Bitcoin by printing more of it. In a world where fiat currencies are constantly losing value due to inflation, Bitcoin offers a reliable alternative that cannot be devalued at the whim of a central authority. This feature of Bitcoin...Similar Posts
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