From Pebbles to Profits: A Playground Lesson in Economics
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On a sunny afternoon, a group of friends gathered in the park for their favorite game – “Barterville.” The rules were simple: they traded imaginary items using colorful pebbles as currency.
One friend, Max, was the “Banker.” He kept a small pouch of pebbles, ensuring there were just enough for everyone to play comfortably. Every trade felt fair because the pebbles held their value.
But then, a new kid named Alex joined in. Alex, full of ideas, wanted to build a giant sandcastle, but he lacked pebbles. Impatient, he declared, “I'll just make more!” He grabbed a handful of dirt and pretended to transform it into shiny pebbles.
The other kids were skeptical. “But where did those come from?” Sarah asked. Max explained, “We can't just create more pebbles. Their value comes from having just the right amount for everyone.”
Unconvinced, Alex kept creating his own “dirt-money.” Soon, there were piles of it everywhere. The initial excitement of having more faded as the “dirt-money” lost its value. Nobody wanted it anymore.
Meanwhile, Max's pebbles, representing limited resources earned through honest work, remained valuable. Sarah used hers to buy a stick for her flag, and Ben traded his for a beautiful leaf crown.
Frustrated, Alex realized his shortcut had ruined the game. He apologized and asked Max, “How can we fix this?”
Max smiled. “Let's restart with the original pebbles. Remember, the fun comes from trading what we have, not just having more.”
From then on, they played with a newfound appreciation for limited resources. The experience mirrored the real world. Governments printing too much money, like Alex with his dirt-money, could lead to inflation, where the money loses its value.
Bitcoin, however, functioned more like Max's pebbles, limited in quantity and earned through a process called mining. This limited supply prevents governments from simply creating more money to fund their projects.
As they continued playing, the friends understood that a currency based on work and limited resources, like Bitcoin, could offer a more balanced system, encouraging responsible spending and fair exchange. Just like in Barterville, true value came from honest effort, not shortcuts.
Bitcoin to the Rescue: A Story of a Dentist Who Outwitted Inflation. #Bitcoin.
Once upon a time in a quaint town, there was a dentist named Dr. Smith. Dr. Smith loved nothing more than brightening people's smiles with his dental skills. His days were filled with fixing cavities, straightening crooked teeth, and soothing nervous patients with his gentle demeanor.
But one day, Dr. Smith noticed something troubling. Despite his hard work and dedication, the money he earned seemed to slip through his fingers like grains of sand. Every year, prices seemed to creep up, making it harder and harder to save for the future. It was like trying to fill a leaky bucket with water – no matter how much he poured in, it always seemed to drain away.
Concerned about his financial future, Dr. Smith decided to take matters into his own hands. He knew he needed to learn more about investing if he wanted to secure his hard-earned money against the erosion of inflation. So, in between appointments and late into the night, Dr. Smith delved into books and online resources, soaking up knowledge about stocks, real estate, and other investment opportunities.
As Dr. Smith juggled his dental practice with his newfound interest in investing, he couldn't help but feel overwhelmed at times. But then he heard about Bitcoin – a revolutionary form of money that didn't lose its value over time like regular currency did. Intrigued by this concept, Dr. Smith dove deeper into learning about Bitcoin and its potential as a store of value.
With Bitcoin, Dr. Smith realized, he could simplify his financial strategy. He could focus on his passion for dentistry without constantly worrying about the value of his hard-earned money evaporating. Instead of feeling pressured to constantly invest in uncertain ventures to protect his wealth, he could simply save his earnings in Bitcoin and watch them retain their value over time.
As Dr. Smith embraced Bitcoin, he felt a newfound sense of security and freedom. No longer shackled by the fear of inflation, he could focus on what he loved most – brightening smiles and spreading happiness in his community. And so, with a smile on his face and Bitcoin in his wallet, Dr. Smith continued his journey, confident in the knowledge that his financial future was in safe hands.
Review the Code - Bitcoin Poem 097. See more poems and quote at https://BitcoinPoems.pro. Thanks to all the Bitcoin developers who work on the code and keep it running smoothly. #Bitcoin
Don't Delay. Bitcoin Poem 096 - Inspired by a recent podcast by Jeff Booth. #Bitcoin. See more poems at https://BitcoinPoems.Pro. See the Problems and Solutions Series (with added fables and stories) at https://BitcoinSolutions.Pro. This poem is an invitation - help share.
Perfect Scarcity - Bitcoin Poem 095. Number 024 in the Problems and Solutions series. Inspired by Dante at Swan Bitcoin. So many things used for money stopped being money when they stopped being scarce. #Bitcoin. See more Bitcoin poems and quotes at https://BitcoinPoems.Pro
Who Controls the Ledger? Bitcoin Poem 094. Inspired by Robyn Seyr and his great podcast. See more Bitcoin Poems at https://BitcoinPoems.Pro. #Bitcoin. All the Problems/Solutions Poems added to https://BitcoinSolutions.Pro. Thanks Robyn for keeping up the great work!
Bitcoin Poem 091 - The Bitcoin Halving. This was difficult to make "flow" with the big numbers, but I did want to get it out for the halving coming up soon. See more Bitcoin Poems and Quotes at https://BitcoinPoems.Pro. #Bitcoin.
Been looking for a good novel to read and started reading The Poppy War after nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx mentioned it on RHR. Only a couple chapters in but a fun read so far. Enjoyed reading The Mandibles as well due to Odell''s recommendation. Always interested in what bitcoiners are reading, especially fiction.
Mandibles was very good. Just heard about the Atlas Maneuver.
Bitcoin for Humanity - Bitcoin Poem 089. Inspired by Jim Cramer's uneducated question "What has Bitcoin done for humanity?" Actually, quite a bit. This is all I could fit on the page neatly. #Bitcoin. See more at https://BitcoinPoems.pro. Let Jim know.
Peer to Peer - Bitcoin Poem 088. This is number 21 in the Problems and Solutions series. See more poems and quotes at https://BitcoinPoems.pro. #Bitcoin. The problems with intermediaries were outlined by Satoshi.
Freedom Never Dies - Bitcoin Poem 087. Inspired by the ending of Ayn Rand's book Anthem. See more Bitcoin poems and quotes at https://BitcoinPoems.pro. #Bitcoin. Anthem is only a couple hours long, as compared to Atlas Shrugged, which is a 64 hour audio.
The day has come! 🫣 For a while, I’ve been looking at the wonderful Bitcoin community, shyly, from the sidelines, supporting people and what they do for Bitcoin.
I thought I had nothing to say, or share with the world.
Then I realized, as a recruiter, that I had spent a fine amount of time daily, talking to job seekers about how they could improve their chances of landing their first Bitcoin-only job, or with the managers, how they could improve their recruiting. So it hit me- I have a lot to share, and I should write it down!
Today, I humbly present you my two ebooks. One is for job seekers in the Bitcoin industry, and another one is for start-ups on how to improve, or build from the ground up, their hiring processes.
I do this for the Bitcoin community, with the hope that we can create a common ground for job seekers and companies to better understand each other. For that reason, these guides are completely free, and no data will be collected.
I want to thank the people who supported me during this project:
nostr:npub1y67n93njx27lzmg9ua37ce7csvq4awvl6ynfqffzfssvdn7mq9vqlhq62h for her marketing magic, and for being an awesome friend
nostr:npub16yvvw6g8dn9pqmh6uymjcsmy69lpdj0zch7jjy4sk67rpespc6gs596q7y for patiently listening to our ideas and for creating this Barbie Bitcoin vibe website
nostr:npub1t3ggcd843pnwcu6p4tcsesd02t5jx2aelpvusypu5hk0925nhauqjjl5g4 for his designs and for not giving up on us after realizing how many messages per minute we can send in the group chat
nostr:npub1jaxs73m0zadd7fkwmkef73srdpfkxs6krwdhvkp0axzefqlsrpuqcvsjkt last but not least, Martell, for her amazing support and professional advices
Go to: https://www.thunder.wtf/
I put a lot of love into these guides, so hopefully, you’ll find value in them 💜
Thanks for your work, and for sharing. I'm trying to get a couple of my sons interested in Bitcoin jobs.
Un-Corrupted - Bitcoin Quote 047. Quote by Andreas Antonopoulos. See more Bitcoin Quotes and Poems at https://BitcoinPoems.pro. #Bitcoin. Free book on how Bitcoin changes you at https://TheBitcoinEffect.com
Win for Humanity - Bitcoin Quote 046. Quote by NVK. For more poems and quotes, see https://BitcoinPoems.pro. #Bitcoin
Unclosable - Bitcoin Quote 045. Quote by Andreas Antonopoulos. Bitcoin isn't just open. It's unclosable. See more Bitcoin poems and quotes at https://BitcoinPoems.pro. #Bitcoin
That's a great chart - I appreciate the stats. It's motivational..
Store Value - Bitcoin Quote 044. Quote by Lyn Alden from her book Broken Money. See more Bitcoin Quotes and poems at https://BitcoinPoems.pro. #Bitcoin. Yes, the ability to store value is quote useful.
I appreciate the confident energy from so many of you. It helps more than you know to keep me positive.
To Prevent Bitcoin... - Bitcoin Quote 043. Quote by Lyn Alden, from her book Broken Money. See more Bitcoin quotes and poems at https://BitcoinPoems.pro. #Bitcoin. Check out Lyn's book - it's a great read.
