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Debt and Lies

•2m 27s
Debt and Lies
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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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Golden Egg

Egg is randomly rewarded to one Limited Edition holder after the sale ends. Winner gets a unique 1/1 artwork chosen by the artist.

Not Revealed

Audio Download

Anyone who collects your release can download the uncompressed lossless audio file for this song.

Comment Wall

Make a public comment on the song. Prove you were a supporter from way back in the day. Sell your NFT, and your comment is replaceable by the new owner.