These have been trending all through in the social platform (Twitter) where multiple articles have been published on what happened in 1971 lots of disparity between gold and fiat U.S dollar
A system known as the gold standard where the U.S dollar reserve was tired with gold.
Some multiple graphs and charts provided information on what happened in 1971 below are some graphs with an arrow pointing at 1971.
“I don’t believe we shall ever have good money again before we take the thing out of the hands of the government, that is, we can’t take it violently out of the hands of the government, all we can do is by some sly roundabout way introduce something that they can’t stop.” – F.A. Hayek 1984
source
I guess the above quote caught my attention when I was going through the website.
Is this some kind of prophecy? I guess not with blockchain inception we can say there is a light at the end of a tunnel.
Blockchain technology apparently is the new solution when fully embraced it can go a great length, which is no under control by single monetary bodies with it the masses have control over their finance what you do with your digital crypto depends on your personal spending terms.
If you are current with trending stuff around the world then you might concur with the notion blockchain could be the lasting solution for all aspects of finance monetary policy although several regulators have been trying to impose policies to subject users, feel uncomfortable with the new digital currency.
I believe just like the Internet it faced lots of opposition from different regulatory bodies but today it's unstoppable as it has spread across majorly in every part of the globe, blockchain is still at its raising phase and will do incredibly great with time.
Further reading
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