A Quote by Nipsey Hussle

Any time a country transitioned to a fiat currency, they collapsed. That's just world history; you don't have to know about cryptocurrency to know that. — © Nipsey Hussle
Any time a country transitioned to a fiat currency, they collapsed. That's just world history; you don't have to know about cryptocurrency to know that.
The regulator banned cryptocurrency... then there was an order from the Supreme Court. So, in the absence of any strong law, it was very important for us to come out with a comprehensive law-one for the private digital currency and second for the government for its digital form of currency, or the virtual currency.
In 1971, the U.S. 'closed the gold window,' starting an era of global fiat money reference-pricing that has been unprecedented in history. Never before had the world operated on the basis of no country anywhere having a currency tied to something with intrinsic value like gold.
I read a lot of history, and I know that once upon a time, a coin was worth $5 if it had $5 worth of gold in it. Now we have paper that is just backed by fiat... Maybe in the new world, something gets backed by consensus.
Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.
I think it's important to understand Shari'a to be rooted in history - what we know about the history and what we don't know about the history. So then, if people want to argue, at least they're arguing from the same point and we know what we know, and we know what we don't know.
You will see more fluctuation, I believe, in the private cryptocurrency rather than the fiat.
I know something about the civilization of China, with my background, obviously, and I think I know something about American history. But that's about all. And I've traveled all over the world, and for a long time I didn't know very much about it, really.
What you have now is a Hollywood that is pure poison. Hollywood was a central place in the history of art in the 20th century: it was human idealism preserved. And then, like any great place, it collapsed, and it collapsed into the most awful machinery in the world.
A lot of guys have had a lot of fun joking about Henry Ford because he admitted one time that he didn't know history. He don't know it, but history will know him. He has made more history than his critics ever read.
Where in the world have you seen construction people who do everything on time, with good quality and at minimal prices? Just give me one country like that. A country like that doesn't exist in the world, you know. There's not one such country anywhere in the world.
Anyone that knows me will tell you that any time we're going somewhere, if there's a US flag, they'll always point it out because they know I love it. Just how our whole country started and just the migration of Europeans to this country, all of that, just the history of everything has fascinated me, but my biggest thing is I want people to understand that when there are hostilities between nations there's always two sides.
When I think about the folks who are out there at home tonight watching... They know that this country is not respected around the world anymore. They know that this country is pushing the middle class, the hardworking taxpayers, backwards, and they saw a president who doesn't understand their pain, and doesn't have any plan for getting away from it.
You know what the issue is? Do you want to know? It's what these guys have decided to call America. They have the audacity to say, 'There, you sons of bitches, don't lay a finger on it. That is a finished product.'" "But any country is still in the making. Always. That's just history, people have to see that.
I also know that it's not about me, it's about all of you and it's about our country, I know that, I fully understand that. That's why I got involved. It's about all of us together as a country. It's a movement the likes of which we have never in history in this country seen before, never in history. Even the pundits, even the media - that truly dislikes Donald Trump for their own reasons - will admit this is a movement the likes of which people have never seen before.
I hold all idea of regulating the currency to be an absurdity; the very terms of regulating the currency and managing the currency I look upon to be an absurdity; the currency should regulate itself; it must be regulated by the trade and commerce of the world; I would neither allow the Bank of England nor any private banks to have what is called the management of the currency.
Historically, bad money always drives out good. Accordingly, if a central bank anywhere in the world sets up its currency to be backed by any kind of hard currency, it would cause people all around the world to desire that currency for their savings, rather than dollars.
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