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ronniesamuel
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If you amplify the frequency, the structure of the matter will change.
Replying to Avatar Dion Wilson

Awesome meetup nostr:npub1key55ax33gkl50uqemvl4khrtqrhzm7wzpc7fhseutt5ddkcwcrqgxlt3h with the nostr:npub1mu7nv2jkaq4xausnn098xc8tp3gzgf2w5r2cj68x8dnns0rktmysnsj5cl and nostr:npub1jxsdx5a644e04ddqpyruep87c7xm6nrygdpr4ry0dzr4kemkdyus3anpr2 team.

Topic of the evening: Bitcoin as a Medium of Exchange.

One of the general consensus seems to be that bitcoin is too volatile to be a MOE as of now.

This brings me back to the root of Bitcoin. The primary incentive for Satoshi’s time spent creating the Bitcoin technology.

When we think about the purpose of Bitcoin- To transact in a peer to peer open verifiable decentralize network

When we think about the value you of bitcoin- the would be value of the fiat currency you hold IF it was real money.

Which brings us to bitcoins volatility. Imagine trying the calculate real world value via money substitutes issued and control by governments, who inflate and manipulate the supply at will. If we factors in all these obstacles, along with human economical interactions, Bitcoin is hashing overtime trying to keep up with human action.

Unlike bitcoin, the reason the dollar doesn’t seem volatile is because there’s no real time dollar depreciation tracker showing the current value of the dollar. Now imagine if there was a real time dollar depreciation tracker. You wouldn’t think twice about stacking and spending sats.

When we think about what is Bitcoin-

Unless you happened to be alive under the gold standard, bitcoin is the only real money you’ve ever known.

Secure the network. Use bitcoin and never buy fiat.

👍🏽👍🏽

Expressing myself, Exploring the world and Connecting with others - in any order - is my productivity 😂

Apparently. Same situation on my end. 🤷🏾‍♂️

🫡

nostr:note12ae8vcdsla0k3za0tgp8q3xh2scru8cfq5xy57vppvdwzewplv6qgxh2e7

hey meg - welcome to nostr.

That’s around a 104 percent increase in the last eight years - not too bad. Over here the large stabilized chlorine water purification tablets that we use, went up 440 percent in the last six years. I tell you what to do with the information: opt out with #bitcoin.

nostr:npub19aftr8lpgz8knmswjz0d3l9vzwx97dcvqh0zfuxcxu9d57t4yv3sz4v28l that is disturbing. I haven’t seen and I don’t wish to see; just reading about it is annoying, shameful and disgusting enough. 🤦🏾‍♂️