Cyclical financial crises and the steady growth of the money supply have eroded the ability to build capital and achieve social mobility.
Bitcoin (BTC) is the solution to the loss of purchasing power and downward social mobility. However, individuals must understand the root economic issues to see Bitcoin’s true value as a savings vehicle, according to Natalie Brunell, journalist and author of “Bitcoin is for Everyone.”
Brunell is a first-generation immigrant; her family came to the US for economic opportunities, but was negatively impacted by the 2008 financial crisis, she told Cointelegraph.
“I didn’t understand the financial system at the time, Brunell said, adding that it would take over a decade for her to see that most social and economic problems are rooted in currency inflation and a broken monetary system that eats away at the value of money. She said: