Imagine that in 2036 the block reward will be 0.39 BTC. You will then own 10 minutes of the global mining power.
The main reason people don’t understand Bitcoin is because they don’t understand money.
I’ll leave Norway as soon as I find an appropriate Bitcoin Citadel. I don’t want to live in a country that sucks up to the WEF and supports communism. Are there any good place in Southern Europe with zero tax on Bitcoin?
ETFs bought 4,310 Bitcoin yesterday while the price went down. Someone is selling and Wall Street is buying it all.
Every time I talk to a new person about Bitcoin:
- The person: «How do you know that they can’t they just make a new and better Bitcoin?»
The great reset. Soon step 6:
1. Pandemic and war
2. Print money and lower rates
3. Stop money printing and hike rates
4. Stop rate hikes
5. Start cutting rates
6. Start money printing
7. Hyperinflation of the USD
8. Debt gets worthless
9. Bitcoin Standard
Game theory will force every country to adopt Bitcoin.
Bitcoin is to self-sovereign finance as the internet was to freedom of speech.
You will soon be called lucky by your friends and co-workers.
Young people are not able to afford anything anymore and they don’t understand why. In school they don’t learn about fractional reserve banking so I can understand why.
The government can print money. The fact that this is possible should make people really angry, but they don’t seem to care.
Soon 15 years since this historic front page of The Times and banksters are still robbing grandmothers in broad daylight. It will end soon. Tick tock, next block.
I took a Masters Degree in economics at the University and didn’t learn what fractional reserve banking is or how fiat money is created. They want to keep it as secret as possible.
People with money printers can rob you while you’re sleeping. You can’t trust any politicians. Therefore, you don’t want them to control the money printer.
What is the effect of money printing?
During the last 5 years 80% of the money supply were created. An elderly person that worked from 1970 to 2020 before they were retired and were ready to enjoy the last part of their life got robbed of 40 of their 50 years of hard work.
The US National Debt per citizen is $106k. That’s 1.55 BTC per citizen, which adds up to: 1.55 x 345M people = 536M Bitcoins.
The only «problem» here is that there can only ever be 21M Bitcoins.
It’s always fun when people you told to buy Bitcoin during the bear market calls you in the bull market to ask how to buy it.
The US national debt per Bitcoin:
$36T
————- = $1.7M per BTC
21M BTC
You can still front run The European Central Bank on Bitcoin.
Imagine being a central bank that can print infinite money and have been robbing generations of workers for decades and then you start to cry because of hard money.