If I can purchase groceries & gas with bitcoin, and also there weren’t capital gains associated with spending bitcoin, then I’d considering ditching fiat.
I find it crazy that there aren’t 21 million people who want and are able to hold one full bitcoin.
U.S. Debt level milestones that will be crossed in the upcoming decade:
2030s - $100 trillion
2040s - $250 trillion
2050s - $750 trillion
2060s - $2 quadrillion
It’s interesting to consider that babies born today will be in their 30’s when we reach over a quadrillion in debt.
Not sure the currency will exist at that point.
January 21st, 2024 - $34 trillion 🫢
It’s clear the people & institutions who benefit from the dollar’s global role will not like Bitcoin.
Bitcoin is freedom tech, for all.
I’m only on chapter 13, but this book is a killer. Thanks nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a for publishing this instant classic 👏🏻
Woah thank you! 🔥🙌
False
US Debt:
June 1st, 2023 - $31.4 Trillion
June 30th, 2023 - $32.3 Trillion
It’s going up forever, Laura. 🫡
#[0] thinking strike card release in 2023?
The fact that Bitcoin is up 2.5% directly following the news of another bank collapse is a site to see.
This is currently at $133 USD worth of btc 😲
UK Government Bonds surged 78% after barely dipping below 2023 support levels. No news on this yet. Did the BOE move to save UK Pensions today?
Purple City, 2030
177k sats in less than 24 hours. Yeesh 🔥⚡️
In what room do fiat currencies spend all of their time?
Debasement
On top of that, a protocol that allows creators to be rewarded by the people (as compared to one that forces them to be rewarded by the companies/platforms themselves) will ultimately attract the best content creators
Network effect drives all other creators seeking out the truly scarce sats
The only incentive would be to build a brand on another larger platform, but ultimately you would drive your audience towards the protocol that rewards content.
Gradually, then suddenly the network explodes.