Avatar
BitcoinMendocino
6c689961761781f17a6f719310f3cdefe4eb336ea3791a79a24ed6b69e172b58
#Bitcoin is the alternative financial system for local communities at a time of inflation and spiraling national debt. #Mendocino California.

People are starting to understand…

there’s ’crypto.’

Then there’s #Bitcoin

When you tell people about #bitcoin  it’s like telling them the air they’ve been breathing their entire lives is killing them and now there is a cleaner, healthier choice.

But people tend to trust the polluted air they know rather than some better but unfamiliar alternative.

Get your #bitcoin off exchanges and into self custody. Then organize your setup so your keys aren’t stored in your home. After that you can sleep like a baby without having to lock your doors.

Goodnight.

When you have a solid foundation, you can grow and flourish.

#Bitcoin

While inflation continues to bite and $500B is added to our national debt in a matter of weeks, here’s Fidelity Investments’ report on #Bitcoin outlining why this asset class (and new form of money) matters.

https://www.fidelitydigitalassets.com/sites/default/files/documents/1012662.3.0%20Bitcoin%20First%20Revisited_Final.pdf

The world rages on.

In some places life has been upended. In most places people are living their lives and providing for their families.

#Mendocino

Thanks to @orangepillapp for helping connect North Bay Area bitcoiners for tonight’s meetup.

At a #Bitcoin meetup you never know who you’re going to meet next.

Trying to explain to people that there is a form of money that’s superior to the dollar is challenging.

It’s like explaining that there’s a new form of air you can breathe which improves health and wellbeing while reducing inequality and bolstering future prosperity.

#Bitcoin

Gotttem. Thanks for the 537 sats. They popped into my wallet at the beach yesterday afternoon.

#Bitcoin - coming to a town near you.

#Mendocino

NEWS.

You may have heard of this week’s Cointelegraph Twitter disaster. They falsely claimed that U.S. regulators had approved BlackRock's proposed ETF pushing Bitcoin’s price to $30,000.

While Bitcion’s price retraced after the false alarm, it’s clear that markets will respond favorably if a spot ETF is approved.

Upcoming potential catalysts for Bitcoin:

1. BlackRock CEO, Larry Fink called Bitcoin’s recent price action a “flight to quality” signaling institutional acceptance

2.The Bitcoin Halving in April 2024

3. Many analysts expect the Fed will be forced to expand their balance sheet in 2024 which would be bullish for Bitcoin and other financial assets

4. Potential approval of a spot Bitcoin ETF

~ ~ ~ ~

TED TALK.

In this TED talk Harold Tan, partner at GoGreenSolar, describes the history of money up to modern times and why bitcoin is arguably the best money we’ve ever had.

https://youtu.be/b64-KsZR6Gs?si=KOLfKazKPOUDgpsk

And now for today’s WHAT IF:

WHAT IF #Bitcoin  becomes so valuable that Bitcoin testnet starts to have value too?

The internet put everyone on the same footing as giant media corporations.

#Bitcoin  puts everyone on the same footing as wealthy land owners.

I ran into a friend, an ‘old timer’ the other day. He’s been here since 1980. He’s seen a lot of changes. “There used to be travelers coming through here, pilgrims from the city who were searching for meaning. Now we have tourists.”

#Mendocino

He cares about the environment. He saw the effects logging had up and down the coast. He lives simply on a piece of land a mile up the ridge. It’s a property where he knows the owner, meanwhile the price of rent goes up and up every year pricing out the old timers.

He cares about privacy and knows who Snowden is. It was Snowden’s influence that got him using Telegram. He uses cash like most old timers do. He wasn’t familiar with #bitcoin but a flicker of interest crossed his face.

Many old timers around here are techno-skeptics. There’s a feeling that technology is the problem, that if we could just get back to the land we’d return to a state of grace with Mother Earth.

After running into him in it crossed my mind that I’m becoming an old timer too, an old timer and bitcoiner.

BREAKING NEWS…

The SEC (Securities and Exchange Commission) has not announced anything.

I think I just orange pilled someone in Africa. Now it’s time to orange pill someone in #Mendocino .

Even though this video is 10 years old, it resonates even more today at a time of evident inflation and a national debt that will never be repaid.

It clearly walks us through how our current financial system steals from us without our noticing.

https://youtu.be/iFDe5kUUyT0?feature=shared