El Salvador’s Bitcoin policy could lead the change in global monetary system – Simon Dixon
Famous investor Simon Dixon recently described El Salvador’s Bitcoin policy as “very responsible” and said it could be the first domino to fall in bringing down the International Monetary Fund’s (IMF) “fiat-based Ponzi scheme” debt mechanism if it succeeds.
Dixon summarized the world’s financial history to highlight that every financial crisis has led to countries falling into debt, which turned all their economies into over-leveraged systems. On the other hand, Bitcoin behaves as independent equity that can provide great returns. On a macro scale, investing in Bitcoin can provide a way out of the IMF’s leveraged debt cycle for countries.#Web3GrandPappa #mimexmime #Web3Daos