The #Bitcoin standard will allow the đşđ¸US government to finally live up to the US constitution
nostr:npub102ca8pnhy26vh2akepgr4vleyew65nuzug5val3sycslfe0wruwqzezyfp Imagine a man if the Victorian era with a long beard and a monocle standing in a large room with antique furniture and walls covered in paintings with ornate frames, but the paintings are all futuristic and modern.
I was expecting a photo of you in that room đ
Thomas Edison faked it until he made itâŚ
âNoting that the U.S. government uses the dollar âfor the purposes of national interestsâ and âthe economic and financial obligations of one country,â the IMF director concluded that it is âwrongâ for the USD to be widely used globally.â
The same thing will happen with China and the Yuan. The EU and the Euro. Britain and the Pound. Etc etc
There is only one successor to the Dollar as reserve currency, and that is the king himself #Bitcoin
With #Bitcoin your loyalty points never expire and can be used everywhere.
If #Bitcoin crashes (in USD term I assume you mean) your 1 satoshi will still be 1 satoshi. All you have to do is wait for the USD to continue crashing again vs #Bitcoin to exchange your satoshi for USD.
If you send your sats to the wrong address you lose them. With self-sovereignty comes responsibility. Always check your receiving addressâŚ
If you buy a designer bag with #Bitcoin rewards you got from loyalty programs, AND you get #Bitcoin rewards again⌠Wow thatâs what I would call a win-win situation!
The revolution is definitely unfolding, there is no way digital scarcity is not going to win. My strategy is to get as much as I can get my hands on now, before the window of cheap #Bitcoin closes.
#Bitcoin: The Future of Customer Loyalty Programs
Loyalty programs, when well-implemented, allow us to save money, enhance our shopping experiences, receive relevant offers, earn rewards for consistency, and make us feel part of a community.
Unfortunately, many programs fall short and fail to meet customer expectations:
đ Slow Reward Accumulation: Many loyalty programs require you to spend significant amounts or make frequent purchases before you can redeem any substantial rewards. This often leads to a feeling of slow progress and delayed gratification.
đ Expiry of Points/Rewards: Itâs frustrating when hard-earned rewards disappear because you didn't use them within a certain period. It feels like watching your hard work evaporate.
đ Data Privacy Concerns: Joining a loyalty program often requires sharing personal data, leading to potential data privacy risks. Who has access to your information, how is it being used, and is it securely stored?
đ Limited Choice & Availability: Reward options often donât align with your preferences, or are only available at inconvenient times or locations. This takes the whole idea of rewards away and dampens the experience.
đ¸ Increased Spending: There's a fine line between spending for necessity and for earning points. Realising you overspent can be a downer.
Sounds familiar? Enter #Bitcoin, the game-changer that will set a new standard for customer experiences. Brands wonât have an excuse anymore for offering inferior loyalty experiences.
Here's how #Bitcoin will tackle these loyalty program issues:
1ď¸âŁSlow Reward Accumulation
With your rewards as satoshis (smallest unit of #Bitcoin), the value of your rewards grow as the value of #Bitcoin grows. You're not just accumulating points; your points are gaining value independently!
2ď¸âŁExpiring Points
#Bitcoin makes your rewards timeless. Satoshis in your lightning wallet stay with you indefinitely. You can spend them with the brand, with other brands or you can send them to another #Bitcoin or Lightning wallet.
3ď¸âŁData Privacy Concerns
Your wallet is your identifier, reducing personal data exposure. If you choose to share data for extra satoshis, you do it on your terms. Plus, envision a future where you, the customer, own your transaction data (Nostr style) and can choose to share it for data analysis and personalised offers. In exchange, of course, for a few satoshis! Privacy redefinedâŚ
4ď¸âŁLimited Choice & Availability
As #Bitcoin is globally accepted, satoshis earned through loyalty programs can be spent anywhere. If the brandâs choice of loyalty rewards is underwhelming you can spend it on regular products, take it to another brand or save the satoshis for future appreciation.
5ď¸âŁ Increased Spending
#Bitcoin turns spending into an investment. Your satoshis, appreciating over time, make today's spending tomorrow's profit. Even if you regret a purchase, you won't regret the earned satoshis.
#Bitcoin is not only revolutionising finance but will also transform customer experiences. Starting with loyalty programs, it will tackle the most common customer-centric issues.
Shopping will be more fun and rewarding than ever before!
#Bitcoin is the invention of:
1- Digital scarcity
2- 100% souvereign ownership of an asset
3- Exchange of value without the need of a 3rd party
This trend should worry the USAâŚ
https://news.bitcoin.com/united-states-plunges-in-economic-freedom-rankings-study-reveals/
North Korean analyst drinks too much SOJU and thinks people will lose faith in the USD and put their faith in the national currencies of BRICS
#Bitcoin will end dollar dominance, my North Korean friendâŚ
This is the beauty of China
They decide to reverse course, and they move FAST
Serious geopolitical competitive advantage!
#geopolitics #geobitcoin
https://news.bitcoin.com/hsbc-enables-bitcoin-and-ethereum-etf-trading-on-mobile-apps-in-hong-kong/
Economics 101
If there is one thing you should take to heart today, please let it be the following đ
#economics #austrian
#Bitcoin #art:
Amour menaçant (1757) - Ătienne Maurice Falconet
I used to be able to insert a link to my NOSTR in my Twitter bio in the following format:
damus.io/npub1zwqrxlqmtjsp7x8m9ea7svuerkrjxjzvhcdkewpyef4m5tthmulqtcvwpr
Clicking it now gives an error page. Does anyone know how I can fix this?
This is an interesting development.
Not something I was expecting. But I guess Indonesian policymakers didnât study #Bitcoin for 2,000 hours yet.
Matter of timeâŚ
Russia shows the world how fiat dressed as crypto looks like.
They will look back at it with a smile when the time comes Russians will only accept #Bitcoin for their commodities
#geopolitics #geobitcoin
https://news.bitcoin.com/russia-to-trial-digital-asset-settlements-in-foreign-trade/
The beauty of China is that if it goes, it goes FAST
Looking at the list of ETFâs being applied, seems we are entering phase 5!