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People can concentrate on the things that really matter when they have a monetary constant.

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Shayne Quickley
People can concentrate on the things that really matter when they have a monetary constant.


 

PROLOGUE This is the second article in a series I'm writing to show some of the advantages of using bitcoin as a "tool."There is no end to the possibilities. I chose three areas in which bitcoin has been helpful to me. This article explains how the ability to effectively manage my money and accumulate savings with bitcoin has increased my optimism about the future. I value the future more because I have a lower preference for time, which causes me to act more mindfully in the present. My mental health has benefited from everything.

 

THE DANGERS OF INFLATION 

 

When money loses value, society suffers. In countries with high inflation, this process can be observed. Hyperinflation during the Weimar Republic, Germany's government from 1918 to 1933, is a tragic historical example. Germany was compelled to pay enormous reparations after losing World War I. After that, a financial crisis struck Germany. The Reichsbank, the national bank of Germany, printed a lot of money to boost the economy and pay off debts for reparation. People lost all of their savings as a result of the massive devaluation of their currency, resulting in an economic crisis for the nation. A loaf of bread cost approximately 160 marks in 1922, but by the end of 1923, it cost 200,000,000,000 marks. One German mark was worth 4,210,500,000,000 US dollars by November 1923.

 

Visit the Official Website of Bitcoin Prime to know how their automated trading software works to help you get rich!

 

You can click here to download the Bitcoin Prime App!

Available for iOS, Android, Mac, and Windows

 

You can watch how Bitcoin Prime works on its Official YouTube Channel

 

 

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Shayne Quickley
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