Exodus
@exodus
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a crypto wallet built for people who want control, not middlemen. / Support: @ExodusAssist / Posts aren't suitable for UK users. Please see: @Exodus_io_uk
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Joined July 2016
Next-level swaps are here 🔥. ✅ Swap fees as low as 0.5%.✅ Fixed rates.✅ Lowered minimums. Now live in the Exodus mobile app 🔁
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still time to win 👇 who's staking?.
1/3 Our staking campaign with @exodus is in full swing!. 📍 Stake at least 0.1 SOL via Exodus and keep it until September 14 for a chance to win 1 SOL!. Check out our video to learn how to stake 👇
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the Nixon Shock proved that trust is paper-thin. self-custody makes your sovereignty real. history has already shown us that they will change the rules. they will take the gold. they will redefine the money. the only defense is hodling your own.
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bitcoin is the anti-1971. - supply is fixed.- rules can’t be changed by decree.- no president, banker, or government can “delink” it from itself. and when you hold your own keys, your freedom is untouchable.
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the lesson?. If your wealth is tied to someone else’s system, it’s only yours until they say otherwise. what backs your money today may be gone tomorrow. trust in middlemen is fragile. sovereignty requires custody.
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the fallout was enormous:. - gold skyrocketed from $35 to over $800 in the following decade.- inflation raged.- the dollar’s purchasing power steadily eroded. the rules of money had changed forever.
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for ordinary citizens, the rules had changed overnight. their savings were debased. their trust in money was revoked. they had no vote. no opt-out. one man had redefined the global financial system.
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then came Nixon’s televised announcement: the US would “temporarily” suspend dollar-to-gold convertibility. in reality, it was permanent. value was no longer anchored. it was backed only by government decree -- by “fiat.”.
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but behind the scenes, cracks formed. - the U.S. printed more dollars than it had gold. - wars, deficits, and inflation piled up. - foreign governments, led by France, began demanding redemption in gold. the vaults at Fort Knox drained.
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for decades, the US dollar was backed by gold. $35 = 1 oz of gold. nations trusted that their paper notes could be redeemed for real value. it was the cornerstone of global finance after WWII: “your money is as good as gold.”.
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on August 15, 1971, Americans turned on their tvs to hear President Nixon speak. in 18 minutes, he severed the dollar from gold and redefined money itself. the Nixon Shock is history’s ultimate lesson in bitcoin and self-custody 🧵👇.
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"There’s one million Bitcoin left to stack over the next century.” -@jprichardson . stack yours today.
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