Bitcoin Global Money For World – Bitcoin Magazine

Globalization + What Is Money = Bitcoin

What is money? It’s one of the more popular questions of the last few years. Especially in 2020 and 2021, when the grand, new U.S. administration decided to act as if a drunken sailor had taken over the keys to the printing press.

“You get money, you get money, and you get …” CTRL+P … CTRL+P … CTRL+P …

So — what is money?

It’s a question I asked early in my journey that started in the depths of the Great Financial Crisis (GFC). I asked this question for years before and after the infamous month of September 2008, when the global financial system ground to a halt.

Bank Runs And Liquidity Crises

A historic day, September 16, 2008, the day of the breaking of the buck … The day when global money market funds were no longer worth a dollar due to a liquidity crunch manufactured by the world’s most prominent banks, corporations, hedge funds, elites and global financiers — a crunch precipitated by professionals, not retail.