To effectively manage an economy with a non-debaseable bearer asset, it is imperative to implement a digital format. 🧡
*cough* #Bitcoin *cough*
Utilizing physical alternatives would result in the propagation of paper representations, effortlessly produced and exploited by intermediaries. 💸
The establishment of a digital asset immune to debasement necessitates the adoption of Proof of Work (#PoW) technology, a groundbreaking innovation yet to be fully realized in the global economic landscape. (#BTC)
Debasement:
1. The phenomenon of monetary inflation.
2. A discreet method of economic subjugation, in which the assets possessed by affluent and governing entities continually appreciate in relation to the working class's efforts and labor contributions.
Taxation:
1. An ostensibly altruistic government practice, intended to address the repercussions of debasement, yet inadvertently intensifying the working class's struggle to accumulate assets.
2. A strategic safeguard that fortifies the financial and authoritative elite from encroachment by the working class.
Buy #Bitcoin, Put it in Cold Storage🧊, Not a drill.🚨
Indeed, it is a shitcoin. I created numerous lists to filter the noise, but it's becoming quite a nuisance.
#Bitcoin is the most longitudinal monetary system 🧡
Put your ₿ in Cold Storage 🧊
"Dr. Panic Buyer, MD"
follow and redeem sats, link in bio :)
Oppressive governments, essentially all of them, might use CBDC to spy on us with frightening precision. 🙃
It's like Big Brother's watching (👀), but he's got a microscope, binoculars, and a freakin' telescope all at once!
Not only are they watching, but they're also controlling your every move in regards to every fiat currency transaction. 💵💴💶💷
#Bitcoin fixes this issue. Opt-out, put your #BTC in cold storage. NOT a drill!
#btc or we eat 🐜
This Is The Way 🫡
#Bitcoin is my ally, and a powerful force it is.
It flows through the universe and connects us all.
I shall acquire and hold #Bitcoin with honor, integrity, and respect.
I will protect my #Bitcoin with all my might, for it is my key to financial sovereignty and freedom.
I will never surrender my private keys to anyone, for they are the foundation of my control over my #Bitcoin.
I will remain vigilant against scams and hacks, and I will educate others to do the same.
I will use #Bitcoin to transact freely and without censorship, and I will help others to do so as well.
I will be a responsible #Bitcoin user, and I will run my own node.
I will promote the adoption of #Bitcoin and help others to understand its power and potential.
This is the Way of #Bitcoin, and I shall follow it always 🧡
#Bitcoin Trend: Not 1M but close... 👇
Assuming that the trend continues to follow the same pattern, we can use a mathematical model to estimate the future values. 👁️
One common approach is to fit a mathematical function to the available data and then use that function to make predictions for future years.
One popular function for modeling exponential growth is the exponential function.
Using the available data points, we can fit an exponential function to the data:
y = ae^(bx)
where y is the value of #Bitcoin in USD.
x is the year (starting from 2009).
a is a constant.
b is the growth rate.
Using regression analysis, we can estimate the values of a and b:
a = 0.000543
b = 1.0091
Using these values, we can predict the #Bitcoin value in between the future years:
2023: $129,054.54
2024: $231,100.72
2025: $413,614.74.
2026: $692,463.72
Future trends could be influenced by many factors that cannot be predicted with certainty but seems right to me 😅🧡
Put #BTC in Cold Storage, Not a Drill! 🧊
A man's ambition should be to lay the bricks of his own empire. 👑
The strongest foundation for embarking on this journey is #Bitcoin. 💭
The safest place to store your wealth is behind a wall of encrypted energy. ⚡️
Sh****coins offers more fiat mindsets, but Bitcoin offers the highest level of savings technology.
Make sure you make the right choice.
There’s a time and a place for Bitcoin. The time is now and the place is everywhere.
If you don’t understand why #Bitcoin will become the money of the world then go study more.📚
As of right now, Market cap of #BTC is 543B.
Sh****coin 1 (#ETH) has: 219B
Sh****coin 2 (#BNB) has: 51B
Sh****coin 3 (#XRP) has: 21B
Sh****coin 4 (#ADA) has: 12B
Sh****coin 5 (#DOGE) has: 9B
Sh****coin 6 (#MATIC) has: 9B
Sh****coin 7 (#SOL) has: 8B
Sh****coin 8 (#DOT) has: 7B
TOTALSh****coin : 336B
#Bitcoin: 543B
We could be at 879B right now if people weren’t so regarded.
END THE FED!
Hyperbitconization on this decade may seemed impossible but it is plausible.🧡
We will face many attacks, and many will choose to dismiss this solution as it does not serve their own interests. 🤬
The incentives for powerful people are not part of this solution, so we are now in the realm of "they attack you".
To keep this revolution alive, it is important to continue studying and supporting fellow Bitcoiners.
#BTC or we eat 🪳
At the end of the day this is about extremes:
Utopia vs. Dystopia
PoW vs. PoS
#BTC vs. Banks
#BTC vs. FED
#BTC vs. Sh****coins
#BTC vs. CBDC
Balaji BitSignal Mega alarm been presented by Bitcoiners for many years. This is what caused the special attention towards Balaji. He presented clear, concise facts that generated a lot of attention while bringing the marketing value of betting against the system in a short period by making an outlandish prediction. He presented the relationship between government stimulus, inflation, interest rates, bond prices, bank insolvencies, and #Bitcoin . His argument is based on a clear and concise understanding of macroeconomic principles and the potential consequences of government intervention in financial markets. It all begins with the 2020 government stimulus and easing policies implemented in response to the COVID-19 pandemic. While these policies were intended to support struggling businesses and individuals, they had the unintended consequence of fueling inflation by increasing the money supply. As a result, prices for goods and services have risen significantly, eroding the purchasing power of consumers.In response to inflation, the Federal Reserve has been forced to raise interest rates in order to slow down economic growth and curb inflationary pressures. Higher interest rates make it more expensive for businesses and consumers to borrow money, which in turn leads to a decrease in economic activity. One of the consequences of higher interest rates is that the value of bonds falls, as investors demand higher yields to compensate for the increased risk. Falling bond prices can lead to bank insolvencies, as banks may have to write down the value of their holdings or sell them at a loss.The prospect of bank insolvencies is a serious concern for policymakers, who fear that it could trigger a financial crisis. In response, governments may resort to more stimulus and easing policies (which they have done many times), which only exacerbates the problem by fueling further inflation. This vicious cycle creates a situation where the value of traditional assets such as stocks and bonds is uncertain, leading to increased interest in alternative stores of value such as #Bitcoin .Bitcoin has become an attractive asset for investors looking to hedge against inflation and the potential risks associated with traditional financial markets. The more the government intervenes in financial markets, the more people will be drawn to #Bitcoin as a potential store of value. Balaji's thesis suggests that this trend is likely to continue very quickly with government intervention and economic uncertainty persisting, and in the next 90 days he sees it playing out exponentially.
Time will tell. Buy #BTC and put it in cold storage. ⌛️
Bankers don't stand a chance...
It’s hard to imagine, but just a couple of years ago, the #Bitcoin landscape looked very different.
Back then, #btc was trading at 20k and its hashrate was 95% lower than today.
It had no legal tender status anywhere in the world and was not yet accepted on the Tesla balance sheet or any other major platform.
As far as software upgrades went, the lightning network and Taproot were not yet available.
The biggest #Bitcoin market was in China, and there were only one third as many users as today.
Bitcoin inflation rate was twice as high, and there were no ETFs, no Paypal/Cashapp/Nostr/strike adoption/, and no Coinbase IPO. Etc.
It’s remarkable to consider how far btc has gone globally in such a short period of time.
Just a few years ago, the idea that Bitcoin could achieve the kind of success it has today was a distant dream.
Today, #bitcoin is a household name and has seen an explosion of interest from major institutions and investors.
Saylor, who has become one of the most significant figures in the space, was nowhere to be found back then.
Also, many different narratives have arrived that have put a breath of fresh air. One of them has been "SOFTWAR" by JasonPLowery , a theory presented to the President of the United States, the Secretary of Defense, and the Joint Chiefs of Staff about the national strategic significance of Bitcoin.
#Bitcoin has also infiltrated politics, with many senators supporting its protection by passing important bills, such as one by CynthiaMLummis
Others working on bitcoin, such as Dennis Porter and many others, are working to ensure that energy use associated with Bitcoin is done responsibly and sustainably.
The evolution of Bitcoin over the past five years has been remarkable and the price is only 28k. 🤯🧡
Aren't you exhausted by this outrageous system that seeks to leech the life out of all that you are passionate about, simply through the manipulation of money? 🤬
Aren't we tired of living inside a giant pyramid scheme controlled by criminals who manipulate us into believing they are the good guys and that they want what is best for us? 😡
I have come to the realization that I will not cease purchasing #BTC until it is no longer feasible to do so.
This is a game of accumulation
As more people like me join the sphere of #Bitcoin, adoption is occurring and the coins will become increasingly scarce.
More than 500k Bitcoiners are literally here on nostr competing for 21M #Bitcoin
Conservatively at least 500k understand deeply bitcoin and the bitcoin network. 😤
It is literally just a matter of time ⌛️
Opt out, #btc 🧡🤝