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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.

Well, that’s it from me. I’m off to bed with a copy of Broken Money by Lyn Alden and a small tumbler of single malt. Goodnight.

The culture surrounding money has never been this much fun.

#Splash

#bitcoin

Whether you’re a huge publicly traded corporation or a small retail business in #Mendocino , it never hurts to hold a little #bitcoin .

https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-acquires-additional-16130-bitcoins-and-now-holds-174530-btc_11-30-20231

When you’ve been breathing air your whole life it’s extremely difficult to imagine breathing anything else.

When you’ve been using fiat currency your whole life it’s extremely difficult to imagine a #bitcoin  economy.

The establishment hates #bitcoin  because it threatens their dominance over the current system.

And the current system affects all of us mere mortals most noticeably through prices going up (which is actually the value of our currency going down.)

If only there were a small town somewhere next to the ocean. Somewhere with spectacular scenery and beautiful beaches yet close to thousands of acres of forest. Somewhere where everyone knows their neighbors and #bitcoin    is the local currency. I’d move there in a heartbeat.

California has always been on the forefront. Imagine if this state embraced #Bitcoin.

Bitcoin is hard money that helps mitigate the inflation harming millions of Californians (and Americans) every day.

From gold to bitcoin - the ethos of #BTC is very Californian.

@GavinNewsom

Bitcoin, She Wrote

#CabotCove

Down at the bakery in #Mendocino you can get a breakfast burrito and cappuccino for 0.00032392 #bitcoin  . Only trouble is you have to pay in dollars…at least right now you do.

“I don’t believe we shall ever have good money again before we take the thing out of the hands of government…all we can do is by some sly, roundabout way introduce something that they can’t stop.” - F. Hayek (1899 - 1992)

https://youtu.be/9-uo-KfnkhI?feature=shared

I just got home from another stimulating #bitcoin meetup attended by a group of freedom minded, self-sovereign individuals from different walks of life.

Visa

Mastercard

PayPal

Venmo

Zell

etc…

…are all payment networks that promise to settle in the future.

By contrast #Bitcoin is a payment network and final settlement combined.

Back in the 1990s #Mendocino had a local currency called ‘seed.’ It was issued as paper bills and many stores around town accepted it. Today we have #Bitcoin  and a new opportunity to keep economic value within our community.

Bitcoin is hope, a new global financial system.

$1 in 2009 is equivalent in purchasing power to about $1.43 today, an increase of $0.43 over 14 years. The dollar had an average inflation rate of 2.61% per yearbetween 2009 and today, producing a cumulative price increase of 43.41%.

This means that today's prices are 1.43 times as high as average prices since 2009, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 69.930% of what it could buy back then.

Source:

https://www.in2013dollars.com/us/inflation/2009?amount=1

Meanwhile…

Bitcoin - dollar exchange rate on Thanksgiving:

2023: $37,400

2022: $16,591

2021: $56,280

2020: $19,107

2019: $7,048

2018: $3,881

2017: $8,254

2016: $740

2015: $320

2014: $377

2013: $774

2012: $12

2011: $2

2010: $0.28

2009: $0

I wonder if this ruling against Binance will negatively impact CZ’s social credit score.

@ewarren @SenWarren

Dear staffers,

Please let Senator Warren know the problem #bitcoin  solves is the debasement of the dollar through money printing and inflation.

Bitcoin has helped preserve our family’s savings over the past decade.

Respectfully.

There’s space available for #Mendocino to adopt #bitcoin and keep economic value within our community.

Yes, you can accept dollars AND bitcoin. And yes, your dollars will continue to lose purchasing power at the rate of inflation while BTC will continue to gain value over time.