BITCOIN TAROT - 8 OF CUPS
8 of Hearts
SPIRIT QUEST, LEAVING BEHIND
WHAT THE INITIATE,
Satoshi might be feeling walking along the narrow path letting go of Fiat currency for the search of the Grail on top of the mountain in the 8 of Cups card:
Am I going to find the grail? Do I have enough focus to direct all my energy into fulfilling my purpose?
Through letting go of the past I am giving myself the possibility to grow.
BITCOIN WORLD:
Fiat currency is a form of money issued by the government, and it's not backed by a physical commodity like gold or silver. Instead, its value is derived from the balance of supply and demand, as well as the stability of the issuing government. Most contemporary paper currencies, including the U.S. dollar and the euro, are examples of fiat currencies. However, one potential risk associated with fiat currency is that governments may produce too much of it, leading to hyperinflation. Unlike commodity-based money such as gold coins or paper bills that can be exchanged for precious metals, fiat money relies solely on the full faith and trust in the government that issued it. Bitcoin, often referred to as digital gold, is backed by the electrical power used to protect, secure, and balance transactions. This has made Bitcoin arguably the most flexible, fastest, strongest, and most secure form of hard money ever known.
It's time to make a decision. Are you prepared to abandon fiat currencies and opt for hard money?
Understanding the history of money and currency is crucial in making this choice. Spend some time understanding the differences.
Mike Maloney has the best videos on YouTube. Here is the link so that you can dive deep into the subject.
ARTICLES:
https://www.investopedia.com/terms/f/fiatmoney.asp