An interactive application that shows retail investors why Bitcoin is the revolutionary savings technology. It starts here! $Bitcoin saves. Fiat fades.
Jul 24 • 8 tweets • 2 min read
Why Austrian Economics and Bitcoin Are the Key to Escaping Fiat: 🧵
1/8: Austrian Economics, founded by thinkers like Ludwig von Mises and Friedrich Hayek, champions free markets, individual choice, and sound money.
It sees government intervention—like central banks printing fiat—as the root of economic booms, busts, and inequality.
Fiat money (unbacked currency) is criticized as a tool for hidden taxation via inflation, eroding your savings over time.
2/8: The Austrian view holds that money should be "sound"—scarce, durable, and free from manipulation.
Mises argued fiat currency enables endless debasement, as governments print money to fund spending, eroding holders' value.
This triggers artificial cycles: cheap credit booms followed by painful crashes, as seen in 2008 and recent inflation spikes.