This is an opinion editorial by Dan, cohost of the Blue Collar Bitcoin Podcast. A Preliminary Note To The Reader: This was originally written as one essay that has since been divided into three parts.

Purchasing power refers to the amount of goods and services a person or entity can buy with a given amount of money. It ...

Purchasing power refers to how much you can buy with a unit of currency, such as a dollar. If your purchasing power declines, your money has become less valuable. Inflation impacts purchasing power, ...

The problem with fiat currencies is that they are prone to loss of purchasing power. The currency loses its purchasing power when prices increase (i.e. there is inflation), as consumers are able to ...