Debt and Lies
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Central banks' money creation has been a hot topic, especially post-2008 crisis. Quantitative easing, like the Fed's, pumps up the money supply, leading to inflation and diminished purchasing power. With more money in circulation, prices shoot up, but real value doesn't. Bitcoin offers a way out. Born in 2009, it's got a fixed supply of 21 million coins, unlike fiat currencies. Controlled by its protocol, new bitcoin issuance halves every four years in a "halving" event. This scarcity shields Bitcoin from inflationary threats. Proponents reckon it could be a global reserve currency if it sticks to its fixed supply. Historically, economies groove to a single money form, simplifying trade. Bitcoin's predictability could make it top dog if it's embraced globally.
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