I noticed that on day one. I am surprised that most people seem to praise and encourage #bitcoin but do not provide sources and in-depth explanations on the “why?”
Discussion
The why is an almost bottomless rabbit-hole that can't be summed up easily. I recommend Saifedean Ammous' books The Bitcoin Standard and The Fiat Standard for (the beginnings of) a deeper look into the subject.
Also, feel free to ask questions. Always happy to respond with whatever detail you need.
Really. Why Bitcoin? Because great civilizations have fallen, people have died, wars are fought because of money. Real estate is inflated because people monetize it to protect their purchasing power. Deflation will actually help the lower income people because each year they will be able to purchase MORE not less goods. We work for money not for money itself but for what money can buy.
Like I said you need to understand the problem with money debasement - Fiat money.
The solution is a bourderless money that cannot be printed or manipulated.
You need to put in at least a 1000 hrs of learning to scratch the surface. Nobody who puts in the time to understand the problem and the solution of Bitcoin says Bitcoin is crap. It they are intellectually honest.
Reach out if you have any specific questions.
I appreciate it Eric. Will @ you as I go along on this journey.
So far money has created as much problems as it has promoted some type of incentive to move forward.
I would not have a problem with it if weren’t so easily attained by those not playing by fair rules.
If #bitcoin in fact can deliver on the promise that it helps societies use currency in a fair, practical, secure and honest manner, then we will eradicate issues that are keeping good people from helping other good people evolve or just lead happy and fulfilling life experiences.
Let’s hope it does!
I have so much to learn about fiat, bitcoin and the hard truths around it.
Thank you for connecting with me!
🤙🏻