In the above quote, Hayek is lamenting the loss of gold standard currency in the United States. In 1971 the gold standard was altered to become fiat money by the hand of the Nixon administration.
Funny enough, ever since then, wages have stagnated and productivity has risen. This, at the benefit of a few at the expense of the many. Talk about stacking the odds. For years people all over the world have experienced the economic woes that have come to plague us all since then. But as of 2009, that “sly roundabout way” that Hayek was talking about has become a reality.
Bitcoin, The Great Leveler of the Odds
I am speaking of course about Bitcoin (and by extension, other cryptocurrencies). Never before have we seen in the history of humanity a means of exchange quite like it. The blockchain is slowly but surely, automating away monolithic institutions that have been ubiquitous to many nations for hundreds of years.
But who benefits from holding cryptocurrency then? Definitely not you, according to some financial experts, who have skin in the game of conventional banking and the current state of affairs. They have an interest in keeping you sitting at their poker table. If we are forced to gamble in the Casino of Capital, then we need not sit at this card table in particular. There are other tables with different rules. Ones that are maybe stacked a little better in our favor. What is tricky is th
at the proverbial “house” does not necessarily want you to see such an opportunity.
Be Your Own Bank
€40.00 Incl. VAT/BTW
189 in stock
|Dimensions||66 × 6 × 6 cm|
All orders are processed by myself to a local printing company. This means that there are no stocks. Twice a week I gather and process all orders. This way I am more personally involved in the whole process of each order. However, this means that the delivery is not as fast as with a dropship service. I will pack, send and number the posters.
*Please note that shipping times may take longer due to COVID-19.
The shipping time varies per location of course, but my goal is to have your poster received within 2 to 3 weeks. All posters can be tracked with a track and trace code. You will receive this code as soon as the parcel is delivered to the post office.
*The poster will be delivered without frame!
Are you experiencing problems during the order process because your country is not supported? Feel free to contact me via email or twitter, so I can help you further. This also applies if you would like a product in another size or material such as canvas.
Certificate of Authenticity
All the posters that are sold have a certificate of authenticity. Those certificates are linked to a time-stamped provenance record and stored in a permanent, decentralized and anonymous ledger on the Bitcoin blockchain. Certificates are easily and instantly accessible via smartphone or computer, but you will also be sent a paper version. More info