Imagine your friend, let's call them #Government, has a magical credit card called the #USDollar. Unlike us, when they spend too much, they can just borrow more without immediate worry. π§ββοΈπ³
Now, if you or I, let's say we're a #SmallBusiness, tried to spend more than we make, we'd hit a wall fast. We can't print money, and lenders eventually stop lending if we can't pay back. πΈπ«
#Governments get away with spending more than they have by issuing bonds. Think of it as taking a loan from the future to pay for today. They keep rolling over debt, borrowing more to pay back old loans. It's like a never-ending debt merry-go-round. π π°
Enter #Bitcoin, a hero in our story. It's like a wise old sage that doesn't play by the magical credit card rules. It can't be made out of thin air, and there's a cap on how much exists. π§ββοΈβ¨
With #Bitcoin, the idea is to encourage saving rather than spending, making it harder for anyone, including governments, to spend money they don't have. It's a return to financial responsibility. π‘οΈπ΅
In a #Bitcoin world, the magical credit card loses its power. Everyone has to live within their means, including #Government. It's a story of a return to financial sanity. ππͺ
#Wbtm #[0]