…by adding as much value as humanly possible! 🤝
The Netherlands in the 17th century performed better than other banking centers such as Venice & Genoa because it was fervently focused on the principles of:
- Sound money
- Secure credit
- Regular repayment of debt
This is exacty what has been lost in our existing #fiat system.
It being brought back again in El Salvador by #Bitcoin & Bukele.
Prolonged war between nations in is only possible with:
1- Extensive borrowing
2- Currency debasement
#1 can't be sustained very long, leaving #2 'debasement' as the only viable option for prolonged war.
#Bitcoin is the antidote to the prolonged wars of the 20th century.
#Bitcoin art:
The Birth of Venus (1879) - William-Adolphe Bouguereau
I’m not familiar with hodlhodl.
Will check it out though because paxful requires ID verification in order to withdraw from the platform. Not a huge problem, but would be nice to find one that is non-KYC..
I thought that was for own use at JPM HQ…
That’s really good advice. Setting up a Paxful account…
Rome would never have fallen if it had Bitcoin.
Tokugawa Japan choose to cut itself off from the rest of the world.
So when Commodore Perry arrived in 1853 their was little they could do but to concede to his demands.
The EU doesn't work because Europe's strength was its de-centralised competition.
European nation-states need to be competing for Europe to be strong.
And the best way to do this peacefully is through Bitcoin mining.
The finances of ancient Rome were slowly being eaten by its military-industrial complex and the poor who depended on the government for free food.
This hollowed out its economy and finances.
#Bitcoin could have prevented this.
The country that is first to figure out free market (again) has a geopolitical edge over other countries.
Central banking and fiat allow the continuation of unproductive activities.
These activities don't add value in the long term.
Stopping these today is better than stopping them tomorrow.
Only sound money can stop this 👉 Bitcoin