The savings account is an illusion.
It gives millions a false sense of security, while inflation quietly drains their wealth.
This is why we save in bitcoin.
Discussion
What is a checking account?
Let me tell you a story son:
Back in the day, when your grand grand father was in this world (year 71 Before Satoshi) normal people needed permission for some archaic institutions called “banks” to use their own money.
In order to to this they needed to have what they called “checking accounts” where they deposited their paychecks to get bank credit tokens in the the form of ledger entries and numbers on a screen.
Banks could create as many bank tokens as they wanted to, while normal people like your grandfather had to exchange his valuable time, works and skills to get them.
They used this bank credit tokens as a form of medium of exchange because they didn’t have Bitcoin.
This is why we worship Satoshi every Sunday son. To thank him from breaking us fee from this form of economic slavery.
Having money in a savings account is how you know if you’re a normie or NPC
70% down in purchasing power since 2000s. Ouch 💀
Ad
Do you like coffee?
Do you like fucking Japanese women after drinking to much Sake?
Drink boss coffee!
https://video.nostr.build/bbdfdd0a92a3a01f6d59ede5b4356de13336b8bd9b2e80723781a7401df6afcf.mp4
The average monetary expansion since 1969 of all central banks is a compounded 12,7% per year, with the US dollar at 9% - see the sources and charts in the excerpt below from my #bitcoindollar book #bitcoin
