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BitcoinMendocino
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#Bitcoin is the alternative financial system for local communities at a time of inflation and spiraling national debt. #Mendocino California.

So what is this #bitcoin  thing? Come to that, what actually is money? And what is it about gold that makes it so valuable?

https://twitter.com/alexstanczyk/status/1689690717168537600?s=46

I used to live in a city and every morning as I rode the escalator down to the subway platform along with thousands of other commuters a little piece of me died. My goal then was to somehow escape and head west to wide open spaces, simplicity and freedom.

#Mendocino

A bitcoin ETF is for investors who want to hold bitcoin then exchange it for more dollars in the future.

Bitcoin in self-custody is for those who see bitcoin as the best form of money humanity has ever had.

We live in a prison of narratives. Money, nation states, status, corporate mission statements and all the rest are fiction. It’s only by going out into the natural world that we can leave our fictional prisons behind and finally experience unmediated reality.

Costa Rica, another small community flourishing with Bitcoin adoption among tourists, ex-pats, and local merchants.

Take note #Mendocino

https://twitter.com/satoshimoneybtc/status/1688634291553697792?s=46

“Distrust of institutions, income inequality, and financial awareness directly coincide with the rise of Bitcoin, in both price and mainstream adoption.”

https://grayscale.com/learn/bitcoin-crypto-and-the-2024-us-presidential-election/

People tend to confuse bitcoin with cryptocurrencies. But the Securities and Exchange Commission (SEC) understands the difference: Cryptocurrencies are unregistered securities (investments) while bitcoin is digital gold, decentralized with no company issuing it.

Senator Cynthia Lummis also understands bitcoin and is working to introduce bipartisan legislation to bring clarity to bitcoin at a time when our national debt is unsustainable.

WATCH >>

https://youtu.be/Atcqy_zUubY

A step-by-step guide to accepting #Bitcoin Lightning payments at your business:

1. Download a bitcoin wallet. (Breez wallet has a POS system built in.)

2. Put up a sing showing you accept Bitcoin Lightning payments.

(No account to sign up for, no one’s permission to seek.)

“Back in those days we left the city to start again in the woods. You could buy land cheap, build a cabin and reimagine a society free from war, consumerism and money. We were naive but happy.”

Now in their 70s and 80s remembering what was.

#Mendocino

If the Fed were a house, they wouldn’t allow anyone else to build a house too. They would want to be the only house in the forest. So they wouldn’t pay attention to a tiny shoot growing next to their house. This shoot is #bitcoin . And as it grows it threatens to demolish the Fed.

Go down the rabbit hole with this story of an extraordinary toy shoppe in Berlin where the ‘low time preference’ owner discovers (and immediately understands) the relevance of #bitcoin  …and now takes it as payment.

https://twitter.com/duczko/status/1686535954960375809?s=46

If you accept credit cards you know about fees.

#bitcoin

#mendocino

What’s the difference between investing in a bitcoin ETF and holding your own #bitcoin  ?

https://bitcoinmagazine.com/culture/spot-bitcoin-etfs-are-not-enough

August 1st, #Bitcoin  Independence Day recalls the date in 2017 when bitcoin showed its resistance to being manipulated by powerful forces.

https://twitter.com/coldcardwallet/status/1685966553513443328?s=46