I find it a bit hard to believe that every currency in the world is going to zero, although some maxis are claiming that, some of them pointing at the current fiscal policies that are taken by the central banks and governments around the world as the gas that's being poured on the already existing fire. 

We have a money problem and it's not something new or something unknown, especially for the ones that have become advocates of cryptocurrencies for a few years.

>"The Nixon shock was a series of economic measures undertaken by United States President Richard Nixon in 1971, in response to increasing inflation, the most significant of which were wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold." 
[source](https://en.wikipedia.org/wiki/Nixon_shock)

Has anyone seen the exact footage of president Nixon announcing the *cancellation of the direct international convertibility of the United States dollar to gold*? The man is reading it from a piece of paper. Someone wrote it to him. The same happens for Joe Biden, ECB Lagarde, your country's president, whoever that may be, and so on and so forth. 

![6juwi2.jpg](https://i.imgur.com/8Pa8fie.jpg)

Governments are mere puppets of the elites. The ones like the Rothschilds, Rockefellers, Soros, and the Royal families are the ones that are the creators of this society. I have no doubt about that. These are the ones that through lobbyists and sponsorships, threats and other tactics are writing the laws and monetary policies around the world. 

[Friedrich Hayek](https://www.google.com/search?q=Friedrich+Hayek&oq=Friedrich+Hayek&aqs=chrome..69i57j69i61.312j0j4&sourceid=chrome&ie=UTF-8), who was an Austrian economist, legal theorist and philosopher who is best known for his defense of classical liberalism has many years ago stated that the only way we can fix money is through some *sly roundabout method* of creating a network of accounts that would no longer rely on central banking systems. 

The man was basically describing crypto as a whole, NOT JUST BITCOIN as some maxis are trying to point out. Everyone having a phone and an internet connection can now become a merchant, and his own bank. The world looks like falling apart, although many don't see it that way, but it doesn't have to, especially when we have blockchain technology at hand.

[Russia's largest bank, Sber, will conduct its first digital asset transaction using its proprietary platform next month](https://twitter.com/WatcherGuru/status/1537211002671902722?t=xVHz_lafO8Trj1P3REoH0w&s=09). Russia is put in the position of "circumventing the dollar", if we may put it this way. At some point external factors will force everyone in adopting cryptocurrency. 

Imagine being a merchant selling products for a constantly devaluating currency. What are you going to do, ask for more money printing? I guess not, because that would mean getting back to the Weimar Germany's inflation chaos from the '40s. We don'r want to do that and we don't even have to, as long as we have bitcoin and its lightning network, stablecoins such as HBD and so on. 

The current societal situation we have right now is exactly what Bitcoin has been designed for. I guess the world needs a bit more pain before starting to question these governments and their absurd fiscal policies. 

BTC might be 3x down from its ATH, but on the long scale it has clearly outperformed the dollar. This is what the masses need to see and understand in order for them to flock towards crypto. Bitcoin somehow fulffiled Hayek's profecy of denationalising money, and made everyone owning a phone and an internent connection a bank.

*Thanks for attention,*
*Adrian*      

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@acesontop/sly-hayek)