Fixing the world's economy starts, from fixing the money problem.

[Olotu20]

 All global problems start with broken money this is because, when ever money is flawed it's easily printed, centrally controlled, or unfairly distributed and this is the basic problem of all economies because, this leads to several economic problems which leads to the weakening of the purchasing power of a currency as this leads to

Inflation that steals purchasing power.

Corruption and rent seeking

Growing inequality.

Short term political decisions.

Endless debt cycles.


Fixing money means creating a system that is Sound which cannot be inflated at will be any central authority or regulatory body.

Fixing the money implies that money should be Neutral with no favoritism or censorship from any authority or centrally controlling body.

Fixing the money means that it should be Transparent rules are clear and verifiable.

Fixing the money means that it should be Globally accessible to anyone, anywhere.

The role of Bitcoin in fixing the money problem.

That’s why the phrase is often linked to Bitcoin because with Bitcoin we have

Fixed supply (21 million)

No central authority

Trust based on math, not politicians

Same rules for everyone

When money is fair.

People plan long term.

Savings are protected.

Hard work is rewarded

Power is decentralized

Fixing the money is the key to the economic development of the world because when the problem of money is fixed it will naturally lead to a better living standards which is usually defined by the economic situation of a place. This is were leadership comes to place the fact of the matter is that the world is changing and the types of quality of leaders we elect to public office matters a lot, we have to be very sensitive when trying to elect leaders we have to elect leaders that understand and is sensitive to the global order that is taking place gradually. The use and adoption of Bitcoin was amplified the more by Donald Trump when he promised to legalize Bitcoin in the United States of America.

Fix the money → incentives improve → society improves.

[Ambatman]

All global problems start with broken money

No it starts with humans,  Scarce resources and their wants
Though that doesn't mean money isn't important.
To switch to a system like Bitcoin that's a deflationary asset
Debt financing would have to be removed because it's the means the government were able to produce money more than output.

[Odusko]

Fixing individual financial life is what fix the economy, since the economy doesn't exist in a vecum and thrive on the activities of individuals to become an economy, once those individuals have a balance financial life, then the economy will have less burden and easier to fixed and move forward after all.

[Rengga Jati]

But unfortunately, there are many who dislike Bitcoin and continue to deny that it's truly a solution to various problems.

This isn't because they're brainless, but rather because of various vested interests and their lack of control over the people, as Bitcoin can't be controlled like citizens choose other assets for investment or transaction purposes.

[Spaceman1000$]

This leaders are using the Principles of The Roman poet Juvenal, the idea of giving the people just a little to keep them poor and needy at every time. Most leaders understand the money problem, they also understand the solution attached, but they are mostly consumed by greed, some of them prefer to keep the World like this without proffering any suitable solutions to the money problem, and that's why a lot of them view Bitcoin to be a threat to them and their analogue ideas, because Bitcoin brings a sense of libration from the norms and that's what they don't like.

[viljy]

Bitcoin cannot be money in the current system of social organization and modern economy. Because money in the current system is a debt. If you want to integrate bitcoin into an existing system, you will have to use it as collateral (and as fractional collateral) to create loans. It's no different from what already exists. Currently, bitcoin is a commodity (but it can be used for payment, just like many other goods; it is essentially a barter exchange). If you want to create a deflationary economy (hence debt-free), then you need to replace capitalism with something else. Is it even real? Or is it just a utopian wish list?

[Furball808]

Fixing individual financial life is what fix the economy, since the economy doesn't exist in a vecum and thrive on the activities of individuals to become an economy, once those individuals have a balance financial life, then the economy will have less burden and easier to fixed and move forward after all.

It’s ironic because it goes both ways. A good economy will help individuals improve more and the better their individual lives are the better the economy will be. If the economy is down, no matter what one does in the country they will not really improve. Which is why a lot of people from developing countries go migrate to countries with better economies.

[Ever-young]

Fixing individual financial life is what fix the economy, since the economy doesn't exist in a vecum and thrive on the activities of individuals to become an economy, once those individuals have a balance financial life, then the economy will have less burden and easier to fixed and move forward after all.

Is it even possible to fix every individual’s financial problems or lives? I don’t think so because not every individual is able to be fixed no matter how much you try, so rather than trying to fix individual, I believe a better approach would be to create an opportunity for individuals to fix themselves through self improvement and development, then you’re one step closer to fixing the economic problems.

[Donk1]

Bitcoin has no role in fixing any economy like basically if Bitcoin has a role in that definitely there would have been a country named Bitcoin, but there isn't. Basically everything happening in the economy is caused by the politicians both high inflation ,devaluation, and constant printing of money. Though the government can stop printing money still I like to believe that Bitcoin is just an alternative.

​So to me fixing the world economy doesn't start from fixing the money problem. Money is money no matter how you see it. What we need to fix is our ability to be independent in the economy not with Bitcoin because Bitcoin is an asset but with cooperation.

​Overall the value of money will always be there, even if they keep printing it so you can't fix it especially not with Bitcoin. So to me I feel we should work on the economy ourselves so we can build a brighter future for the next generation instead of neglecting it. So yh that's all.

[Fortify]

All global problems start with broken money this is because, when ever money is flawed it's easily printed, centrally controlled, or unfairly distributed and this is the basic problem of all economies because, this leads to several economic problems which leads to the weakening of the purchasing power of a currency as this leads to


Fixing the money is the key to the economic development of the world because when the problem of money is fixed it will naturally lead to a better living standards which is usually defined by the economic situation of a place. This is were leadership comes to place the fact of the matter is that the world is changing and the types of quality of leaders we elect to public office matters a lot, we have to be very sensitive when trying to elect leaders we have to elect leaders that understand and is sensitive to the global order that is taking place gradually. The use and adoption of Bitcoin was amplified the more by Donald Trump when he promised to legalize Bitcoin in the United States of America.

There are actually plenty of reasons that you cannot just print an endless supply of money, especially if you are trying to prop your currency up and prevent inflation in your own country. Once faith is lost in your currency, then it costs a lot more money to buy things from overseas and import them, which is a very hard spiral to reverse. It means that few countries can do this and even they have limits. America was able to do it for a while because people would continue to buy their debt (aka government bonds) regardless of this money printing. That's quite a unique status that very few countries can do without damaging themselves. For all the talk of money printing, it's not actually done that much for these reasons.

[Yaunfitda]

Fixing individual financial life is what fix the economy, since the economy doesn't exist in a vecum and thrive on the activities of individuals to become an economy, once those individuals have a balance financial life, then the economy will have less burden and easier to fixed and move forward after all.

Is it even possible to fix every individual’s financial problems or lives? I don’t think so because not every individual is able to be fixed no matter how much you try, so rather than trying to fix individual, I believe a better approach would be to create an opportunity for individuals to fix themselves through self improvement and development, then you’re one step closer to fixing the economic problems.

It this is possible, then we might see a country that don't have a problems in terms of money. But still, there could be some that really have good governance that's why their population enjoy a lot of freebies from the government like health and free school for their kids and have high income. Very difficult though to do in some countries specially in 3rd world countries. So I don't think that printing money could resolved the problem. On the contrary it might create more. Yeah maybe investing in Bitcoin could be one solution, but it's fixed 21 million supply might not be for everyone. So I don't think that fixing money problem will be a big help. Although the government might need to provide more jobs for it's population. And with more jobs means more purchasing power and that could trigger the economy moving so that it will create more for that country and not just rely on other sources like taking loans or something. Jobs is the key.

[AmaGold70]

It is absolutely in the hands of leaders to make economy stable and of a truth when the government operates on good monetary policies is going to affect the whole economy positively. It is bad monetary policies that leads to inflation. For instance when their is excess money in circulation, it causes inflation thereby leading to hardship and devaluation of the fiat currency. These policies are made by the leaders in the positions of authority and not mere citizens, therefore since there is no favourable monetary policies, the better option is to embrace Bitcoin in other to maintain individuals financial stability and reduce inflation as well.

[Hyphen(-)]

It is absolutely in the hands of leaders to make economy stable and of a truth when the government operates on good monetary policies is going to affect the whole economy positively. It is bad monetary policies that leads to inflation. For instance when their is excess money in circulation, it causes inflation thereby leading to hardship and devaluation of the fiat currency. These policies are made by the leaders in the positions of authority and not mere citizens, therefore since there is no favourable monetary policies, the better option is to embrace Bitcoin in other to maintain individuals financial stability and reduce inflation as well.

Not only the leaders, we also need to take part in fixing the economy even though the leaders have to ply a vital role, yet we need to give them maximum cooperation to achieve that.

Money is one of the problem, some money have no value while some are over hyped and their values are affecting other currencies; if all these currencies can be in uniform rate or under proper control, the rate of inflation will drastically reduce and the economy will be better.
Some system of governments also need to be questioned especially if home it comes to embezzlement of money and some government properties.

[el kaka22]

This is literally why we have bitcoin... I mean it can't be printed out of thin air and it is not backed by anything, it's literally just peoples money and can't be used by governments in a way they can ruin it. So this is why satoshi created bitcoin and this is why we are using it.

Fiat on the other hand, like nearly half of all the dollars was printed in the last ten years along, for a nation that has been around for over two centuries, that should tell you why fiat is a very bad way of using money. Back when it was tied to gold maybe that made sense, but nowadays they are not even sure if the gold in fort knox is even there, let alone being tied to it. This is why we are seeing inflation be record high everywhere.

[safar1980]

All global problems start with broken money this is because,

I'll quote only the part of the first sentence that contains the error. You're overgeneralizing the situation when you write about the "broken money" problem, but you won't be able to solve all social and political problems this way. If I kept my money in Bitcoin, I would lose most of my capital. It's a very risky idea.

[noorman0]

In fact, gold is an optional store of value that's available everywhere and recognized worldwide. And I'm sure even the poor know that gold always appreciates. But why do only the riches do it?

I don't think the problem is the fiat system failing, but the fiat doctrine that has proliferated over generations.

[Mhizlove]

Fixing individual financial life is what fix the economy, since the economy doesn't exist in a vecum and thrive on the activities of individuals to become an economy, once those individuals have a balance financial life, then the economy will have less burden and easier to fixed and move forward after all.

When Individual gets it's financial stability that means the decision they make is a better one, from how they spend and also invest, this kind of stability do encourage brings about productivity, reduce how dependent they're towards government's support and lastly set up a durable base for long term economic advancement or development

[Oluwa-btc]

Fixing individual financial life is what fix the economy, since the economy doesn't exist in a vecum and thrive on the activities of individuals to become an economy, once those individuals have a balance financial life, then the economy will have less burden and easier to fixed and move forward after all.

If this is the case,then money will not solve the world's most biggest problems, because cause money is never the real problem.Anybody that makes money a solution needs a reminder that even a fixed money system won’t work when leaders are corrupt,people lack financial literacy and the system always rewards the weak instead hard work.Money is not the bedrock to values and morals,the values are broken and needs a refix.

[Cheema02]

All global problems start with broken money this is because, when ever money is flawed it's easily printed, centrally controlled, or unfairly distributed and this is the basic problem of all economies because, this leads to several economic problems which leads to the weakening of the purchasing power of a currency as this leads to


Fixing the money is the key to the economic development of the world because when the problem of money is fixed it will naturally lead to a better living standards which is usually defined by the economic situation of a place. This is were leadership comes to place the fact of the matter is that the world is changing and the types of quality of leaders we elect to public office matters a lot, we have to be very sensitive when trying to elect leaders we have to elect leaders that understand and is sensitive to the global order that is taking place gradually. The use and adoption of Bitcoin was amplified the more by Donald Trump when he promised to legalize Bitcoin in the United States of America.

Your point is really valid about cash and its true that when money is poorly managed then its create global problems the reason is that money printing is high so automatically purchasing values are high so money lost its worth. And this act extremely target the life of an ordinary citizen. For progress the first thing is to improving ours money system and its helps a lot in development of countries. And also great leaders make descions  according to  people's benefits. Now a days Bitcoins is another way of technology and through this we can reduce the inflation and people gets more controll over it. So the basic point of the talk is that corporations and citizens together make a strong system for economics which gives better opportunities and stability to country in future.

[coupable]

I don't think the problem is the fiat system failing, but the fiat doctrine that has proliferated over generations.

I think the real problem started with imperialism which help to start using money as a commodity. We start see commercial banks that all its activities is to offer different monetary products which is a non productive service. From that era, people like governments started accumulating money for other purposes than exchanging with products/services. Many people think that the crisis had started with the dollar but the problem has already started long before.