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Taking Care of Bitcoin
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Taking Care of Bitcoin Podcast

“Binance? Never heard of her.”

~Bitcoin

You would think those fighting for the disenfranchised would celebrate a neutral financial empowerment tool such as Bitcoin.

So why the hostility?

It appears as though they are not truly for equality, they are looking to justify redistribution by claiming that equality is impossible.

It is no surprise that so many people came to find #Bitcoin in 2020. The pandemic response was such a flagrant display of government incompetence and authoritarian tendencies.

There has to be a better way.

There is a better way.

#Bitcoin

Let us remember those who gave all, and redirect for those who deserve better.

“America goes not abroad, in search of monsters to destroy.

She is the well-wisher to the freedom and independence of all.

She is the champion and vindicator only of her own.

She will commend the general cause by the countenance of her voice, and the benignant sympathy of her example.

She well knows that by once enlisting under other banners than her own, were they even the banners of foreign independence, she would involve herself beyond the power of extrication, in all the wars of interest and intrigue, of individual avarice, envy, and ambition, which assume the colors and usurp the standard of freedom.

The fundamental maxims of her policy would insensibly change from liberty to force.

She might become the dictatress of the world. She would be no longer the ruler of her own spirit.

America’s glory is not dominion, but liberty.”

~John Quincy Adams

Imagine there was a technology that could teleport your net worth across both space and time.

What would that technology be worth?

#Bitcoin

Who benefits when the government inflates the money supply?

The government, obviously, who spends money created out of nothing first and enjoy the cantillon effect.

Banks, who are able to increase their lending leverage.

Asset holders, who see artificially driven increases in asset prices.

Now, who loses when the government increases the money supply?

Working men and women who see only increased prices for all the things they need to provide for their families.

This is mathematically driven wealth inequality. Once understood, it’s absolutely infuriating.

As we kick the can down the road yet again. Let us remember, it is our kids that are at the end of this road.

Pretty shameful way to run a country.

#Bitcoin  is more volatile than other assets because it is the only one that has programmatic supply shocks.

It’s also the only one being accumulated into an eventual permanent supply shock.

Plan accordingly.

“You're simply the best

Better than all the rest”

Tina Turner on #Bitcoin

RIP

We suspect energy producing nations will cease to trade their valuable energy resources for money backed by nothing.

In the same respect, why should individuals trade their valuable productive labor for money backed by nothing.

Opt out #Bitcoin

#Bitcoin Pizza Day Poll

Pineapples on Bitcoin?

🤙

or

👎

Happy Pizza Day y’all!

#Bitcoin

There is no #Bitcoin ‘price’

There is a #Bitcoin exchange rate

The day will soon come when baseless floating fiat currencies are no longer compared against each other. The only exchange rate that will communicate true economic information is the #Bitcoin  exchange rate.