From Gold to Fiat to $100K Bitcoin | What Happened In 1971?

2 days ago
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In 1971, Nixon severed the dollar from gold—launching 50 years of debt, inflation, and inequality. This “Nixon Shock” broke money’s foundation and set the stage for Bitcoin: money with rules, not rulers. If you’ve ever wondered why Bitcoin exists, it all starts here.

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CHAPTERS:
00:00 – The hidden moment in history nobody talks about
00:30 – Nixon takes the dollar off gold in 1971
01:20 – How the gold standard kept governments honest
02:15 – The Nixon Shock: money untethered from gold
03:10 – Bretton Woods explained in simple terms
04:05 – Vietnam War, deficits, and gold drain
05:00 – U.S. default & closing the gold window
06:10 – Nixon’s “temporary” suspension speech
07:15 – The dollar becomes fiat, value floats freely
08:20 – Stock market reacts to currency devaluation
09:40 – Inflation, inequality, and endless debt
11:00 – What Happened in 1971? The metrics broken
12:30 – Bitcoin: the direct answer to fiat collapse
14:00 – Why Bitcoin is the hardest money in history
15:15 – Smart money flows into Bitcoin

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