Still fiat money but way cooler than paper.
“Chancellor on brink of the second bailout for banks.” A simple but powerful message. The engraving in and of itself serves as an anchor to the physical world, an atestment to Bitcoin’s birthdate –– or, at least, that it couldn’t have possibly been created before Jan 3, 2009, the date the cover was published. But more importantly, and more philosophically, the message establishes a sort of manifesto, from the start. It makes it clear that the system being ignited by that very block takes a stand against the central bank policies enabled by a culture of easy money. Bitcoin, instead, would seek to restore accountability and antifragility through a monetary system based on sound money; one that can’t be debased or controlled, manipulated or manufactured to benefit a lucky few. Bitcoin would seek to level the playing field, ensuring property rights to millions worldwide, equally and irrespective of their status, race, religious beliefs, gender or nationality.
Source: Reflecting On The Genesis Block And Bitcoin On Its 14th Birthday | ZeroHedge
