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Spring Festival Snail House Study Documentary "97% Owned" reaffirms faith—#Bitcoin is a participant in the evolution of monetary history.
The vast majority of currencies are not directly issued by governments but are created through commercial bank lending in the form of "claims"; central banks guide economic cycles through interest rate and balance sheet management. Prosperity and crises are not accidental but are inherent results of the system's operation.
With a deeper understanding of the modern monetary system, I have come to a more profound realization of the significance of Bitcoin and cryptocurrencies—scarcity is not just a slogan but a form of institutional design. Cryptocurrencies are not an emotional rebellion against the old system but a rational exploration by a new generation of currency, value, and financial infrastructure. This is an inevitable direction in the course of history, and I will continue to believe in the meaning of this construction.
【【Monetary System (97% Owned: The Money System | Finance Documentary Film)】 An exceptionally highly-rated financial documentary, a must-watch for learning! - Bilibili】