Just what the Founding Fathers had in mind.
We have had communism since 15 August 1971.
Took an AI generated image and used AI to animate. 😆
https://video.nostr.build/0e01aa9166a1c0d6f4c7572f1282b338608812cb4d3e59659868d445112dd3b4.mp4
Bitcoin is the perfect money. People need money to function as a society. The better the money the better the society.
The characteristics of money are essential properties that make it an effective medium of exchange, store of value, and unit of account. Bitcoin is the best money in all but acceptability. Because of it dominance in all other characteristics and people's tendency to want the best money it will be horded and it's acceptability will be hindered until Gresham's & Thiers' Laws play out.
Durability: Money must withstand physical wear and tear so it can be used repeatedly. This is why materials like metal coins and paper are often used.
Portability: Money must be easily carried and transferred from one person to another. This means it needs to be lightweight and convenient to transport.
Divisibility: Money should be easily divisible into smaller units, allowing people to conduct transactions of varying sizes. For example, a dollar can be divided into cents.
Uniformity: Units of money must be uniform or identical in terms of value. This ensures that each unit is the same as the next, which is crucial for standardizing transactions.
Acceptability: Money must be widely accepted by people for transactions. Its value must be recognized and trusted by the public for it to function as money.
Supply: Money must be in limited supply to maintain its value. If money were too abundant, it would lose its value due to inflation.
Fungibility: Each unit of money should be interchangeable with another of the same value. This means that one dollar bill is the same as any other dollar bill in terms of value. These characteristics together ensure that money functions effectively in an economy as a reliable and efficient medium of exchange.
I will be an expat at some point. I am constantly weighing my options. How long do I want to keep mining FIAT? Do I want to start spending my BTC?
El Salvador seems keul now. Property is going to spike with the economy. You could be part of the wave. But there are other South American countries that are embracing bitcoin just less vocally. Some of them seem like they would be a better fit for me.
We'll see where I end up and when.
Dropped the entire run from 3k covid crash til now. Went from 3k to 71k in a year and a half and dropped from 3.2mil to 2.6mil.
Nah, we maxed out in 2020. Going to definitely tighten up over time especially with the etf. If we go on a big run it will go up but we will never see 3mil again.
Think we are actually down to 2.4 mil btc on exchanges. Knocking about 100k off a month. What happens january 2027 when there are no more bitcoins?
Follow #s of things your interested in then follow people you like.
#dickpicstr
😆
All I care about is bitcoin. Sorry
Think I'm going to start putting up my political signs, "Communists for Kamala" see if any of the NPCs notice.
I love how governments have brainwashed the masses that Robin Hood stole from the rich and gave to the poor. Robin Hood gave the poor their money back from the government.
