In 1971, Nixon ended the gold standard, and money has never been the same since. In this video, Adam Livingston breaks down what actually happened that year, why it matters more than ever today, and how Bitcoin was built as a direct response to a broken monetary system.

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Timestamps:

00:00 1971: The Year Money Broke

04:11 What Hard Money Used to Do

06:03 Debt Up, Purchasing Power Down

10:41 Society is Breaking

13:32 Bitcoin is the Way Back

17:11 Outro