Nixon shock – DIGIT INFO

WTF happened 53 years ago today — Why the Nixon shock is still affecting us all

DIGIT — Thu, 15 Aug 2024 13:33:00 +0000

In his 1971 speech ending the gold standard, Richard Nixon promised to stabilize the dollar, but instead, nearly everything has gone up in price.

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The 50th Anniversary of ‘Nixon Shock:’ How Suspending the Dollar’s Convertibility With Gold Fueled Today’s Fiat World

DIGIT — Sun, 15 Aug 2021 19:30:48 +0000

Approximately 50 years ago today, Americans were introduced to ‘Nixon Shock’ when the 37th president of the United States suspended the convertibility of the U.S. dollar into gold. Since this point in time, the U.S. economy has never been the same as many believe Richard Nixon ushered in a new era of uncontrollable fiat currency […]

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Rick Falkvinge: Imminent Financial Crisis Perfect Opportunity to Convert the Masses to Crypto

DIGIT — Tue, 01 Jan 2019 06:05:36 +0000

Warnings of an imminent financial crisis are in the media more than ever before. But could such an event be the tipping point that puts Bitcoin and cryptocurrency firmly into the mainstream? Politician and tech entrepreneur Rick Falkvinge says it would be the perfect time to finally convert people to crypto. Also read: Billions Living Under Authoritarian […]

The post Rick Falkvinge: Imminent Financial Crisis Perfect Opportunity to Convert the Masses to Crypto appeared first on Bitcoin News.

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