Part 8/14:
They undergo a sweeping analysis of history, examining how civilizations like Rome debased their currency—partly to fund expansion—leading to economic collapse. They draw parallels between past monetary systems' decay and current trends, emphasizing that artificial inflation erodes trust and leads to societal disintegration.
Looking ahead, they envision Bitcoin as the modern equivalent of the gold standard, capable of supporting long-horizon projects, arts, architecture, and societal evolution. The Renaissance period, with its gold-backed florin, exemplifies how sound money fosters stability and prosperity. Similarly, Bitcoin’s decentralized, deflationary nature can restore long-term planning and intergenerational wealth transfer.