Sinha Sounds Alarm on Fiat Currency 'Hidden Tax'
Billionaire entrepreneur Anand Sinha has sounded an alarm about a 'hidden tax' that he claims is draining people's wealth. According to him, every time the government prints money, they are effectively stealing the hours of their life that they spent working.
Sinha describes fiat inflation as a 'hidden tax' that dilutes one's purchasing power to bail out government debt. He believes that holding Bitcoin is the only way to stop this theft of time and wealth.
With no limit on fiat printing, Sinha questions whether fiat currency is inherently a tool for state-sponsored robbery.