The 3 Fundamental Philosophical Differences Between Bitcoin and the U.S. Dollar.

Contrary to what many people believe, the current monetary and financial system is very recent.

This experiment, unilaterally decided by Richard Nixon in August 1971, has celebrated its 50th anniversary in 2021. The current system is therefore relatively young.

The least that can be said is that this system, which is not based on anything tangible, has completely failed in its mission to stabilize the world economy.

Worse still, inequalities of income and wealth have continued to increase since 1971. The current system is therefore clearly failing. It allows a minority of people to become enormously rich by imposing unfair decisions on a majority of people.