When you first come across #bitcoin you think of the dollar as money and BTC as an investment.

Then if you do the research you realize the shocking truth: Like finding out your spouse has been cheating on you since your wedding, you discover the dollar isn’t money at all. But bitcoin is.

It’s a lovely afternoon here on the coast.

#bitcoin #Mendocino

To understand #bitcoin you first have to understand that the global financial system is a gargantuan game of Monopoly, a legal confidence trick played with money (which is actually not money at all but currency) created as debt and printed into existence at the pleasure of central banks through the purchase of Treasuries and fractional reserve banking.

Once you see the game, you begin to appreciate that bitcoin is the best form of hard money ever invented/discovered and see the many societal problems it solves.

#Bitcoin could be the solution to overconsumption.

Understanding Bitcoin is not an intelligence test.

It’s an ego test.

You have to be able to admit you were wrong.

#bitcoin #Mendocino

“I thought I knew what America was. And then I found out about the 3-letter agencies and the surveillance and the hundreds of overseas bases and the global listening posts and the foreign interference and the sprawling bureaucracies and the endless currency printing and everything else that’s counter to the great American experiment. But underneath all that America is still there somewhere.”

"My money is in the bank"

- It's not yours

- It’s not in the bank

- It's not money

Study #Bitcoin

U.S. national debt:

2024: $36 trillion

2014: $24 trillion

2004: $12 trillion

1994: $10 trillion

1984: $5 trillion

1974: $3 trillion

1964: $3 trillion

1954: $3 trillion

1944: $4 trillion

1934: $637 billion

1924: $395 billion

(inflation adjusted)

#bitcoin #Mendocino

Quick…freeze this man’s bank account!

“You never change anything by fighting it; you change things by making them obsolete through superior technology.”

~ Buckminster Fuller

#bitcoin #Mendocino@

And now for today’s motivational, pseudo intellectual quote:

“We mere mortals exist on an infinite blockchain of time. Eventually we all get mined.”

There is so much more to #bitcoin than its exchange rate with the dollar. But for most people this exchange rate is what first catches their attention.

Bitcoin - dollar exchange rate as of December:

2009: $0

2010: <$1

2011: $4

2012: $13

2013: $754

2014: $320

2015: $431

2016: $964

2017: $13,800

2018: $3,740

2019: $7,216

2020: $28,994

2021: $46,388

2022: $16,548

2023: $43,700

2024: $95,500 (as I type)

But once people understand why bitcoin increases in value relative to the dollar, they begin to realize it’s more than just an investment - it’s a completely alternative financial system that fixes the inflation problem of debt-based, government issued currency.

With bitcoin the ability to save in hard money for the future changes people’s financial perspective from anxiety to optimism.

“California to me as a concept or as an idea always seems like endless optimism and endless opportunity - when people think of California they think of palm trees and blue skies and gorgeous sunsets and beaches and everything else.” ~ Mark Hoppus

FREE CALIFORNIA!

“This whole #bitcoin thing is getting out of our control…We need Bindseil and Schaaf to write another hit piece.”

Despite the fact that we’re a community and a society operating with a central bank issued token that is not real money and which is a form of legalized theft - most people will continue ignoring bitcoin until the financial pain is too great.

#bitcoin #Mendocino

From niche internet curiosity to Wall Street exchange traded fund, a treasury asset of publicly traded companies and proposed state and federal legislation for strategic reserves.

#Bitcoin the alternative financial system.

#Mendocino

I’m on MySpace accessed via Netscape.

There are communities around the world that have adopted #bitcoin as an alternative form of money, places like El Salvador, Lugano Switzerland, South Africa and Madeira. Why? Because bitcoin solves the inflation problem.

#Mendocino is the perfect community to join them.