52nd birthday of President Nixon suspending the convertibility of the US dollar to gold

Clover Nodes | Cardano SPO | World Mobile ENO

@CloverNodes

over 2 years ago

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Today marks the 52nd year when President Nixon suspended the convertibility of the US dollar to gold. This was done to curb inflation and prevent foreign nations from overburdening the system by redeeming their dollars for gold. [img:gif-9fqqjkiMe]

Since then, the value of the dollar has consistently decreased, as demonstrated by the purchasing power individuals have compared to the past. [img:gif-hkNqcnXd0]

In 2015 Cardano development began led by @IOHK_Charles. Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. [img:Zja4Ih8Bj]

$Ada Is The Native Token Of Cardano! It is named after Ada Lovelace: a 19th-century mathematician who is recognized as the first computer programmer, and is the daughter of the poet Lord Byron. [img:XnAwEE4Bg]

ADA is a digital currency. Any user, located anywhere in the world, can use ADA as a secure exchange of value – without requiring a third party to mediate the exchange. Every transaction is permanently, securely, and transparently recorded on the Cardano blockchain. [img:gif-dGPIezxCj]

Digital currencies have the potential to completely change how society thinks and uses money. I believe all money should be digital and programmable allowing any user around the world to be able to exchange value freely and securely. [img:gif-l15p7ru3L]

If you also believe money should be: Secure, Evidence-based, Decentralized, Fairly distributed, I recommend you look into: cardano.org

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