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Narbeg
76b1297df1f89138a255570972ec9d043960603eba85a0c690dfe9031d79d934
Bitcoiner.

Scarcity is the single most important characteristic of sound #money.

The more inflexible and unchangeable the supply of money, the better it is at storing value over a long period of time.

#Bitcoin is the only thing we know of that has a fixed unchangeable supply.

#Bitcoin is therefore the soundest money.

To understand #Bitcoin you have to cut out the noise.

Before getting into its technical aspects start by learning about #money.

1) What is money?

2) How do governments finance their spending?

3) Why are you working harder but getting poorer?

#Bitcoin will make more sense.

I wish someone would zap me the remaining balance I need to reach my long term goal of 1 full Bitcoin.

It's nice to dream.

BUT, I have to be realistic. We are in the proof of work business.

I'll do my share and work my way towards that goal like a true Bitcoiner.

I wouldn't necessarily blame the dollar. I'd blame Keynesian economics on which the dollar is built on.

#Money coordinates economic activity.

If it is manipulated it distorts economic reality by distorting price signals.

Money needs to be a constant to allow price to truly reflect accurate information.

#Bitcoin is the only constant ever created. There will only be 21 million.

Don't get me started on LinkedIn. Most people censor themselves on that platform.

I call it the conformity chamber.

Saving and Investing are two different things.

Saving #money means storing the value produced by your labor for future consumption.

#Investing means using that value by taking on risk to grow it.

Sadly an inflationary #money doesn't allow for saving.

#Bitcoin fixes this.

Having total control of your #money and relying on third party institutions to safeguard it are two mutually exclusive events.

Before #Bitcoin the cost of self-custodying your money was too high.

Since #Bitcoin anyone can easily self-custody their hard earned money.

#CBDCs will be marketed as convenient, secure and pseudonymous like cash.

They are the exact opposite. Their goal is total surveillance and control.

Don't let them fool you. They are meant to benefit one party. The central planners.

#Bitcoin fixes this.

As #Bitcoin grows it deflates governments and banks.

As #Bitcoin grows it inflates self-sovereignty and freedom.

That's my kind of inflation.

If you feel angry because you can't keep up with the cost of living.

If you feel you are being lied to by those supposed to be acting in your best interest.

If you feel the system is rigged and unjust.

#Bitcoin is for you. It will help you make sense of it all.

#Money stores the value produced by your labor and time.

#Money should not be debased.

If it is, the value produced by your labor and time decreases. This forces you to have a high time preference, to spend now vs save for later.

#Bitcoin cannot be debased by anyone.

You can:

Self custody your own wealth and protect it from confiscation.

Transact freely and pseudonymously instantly and globally.

Maintain the value produced by your labor and time into the future without the risk of it being debased.

It's called #Bitcoin.

#Bitcoin is the first and most likely, the last iteration of finite scarcity. It is the only asset with a constant supply in a world abundant with supply variability. If we were to adopt a Bitcoin standard, everything in the world would be priced against this constant and the purchasing power of #money would communicate better information within the economy vs. using a variable inflationary money.

As a result of better price information and the stability of the pricing mechanism itself, capital would be allocated in a more efficient and productive manner within an economy. This would drastically improve prosperity and innovation and propel mankind into a new era.

If you are pro mankind, choose #Bitcoin.

Because I took the time and still taking the time to figure out #Nostr so I can teach others how to use it.

You'd think the prices of goods would decrease as we become more efficient at producing them.

Due to the expansion of the #money supply the opposite is true.

Purchasing power can't keep up and therefore we don't reap the benefits of new efficiencies.

#Bitcoin fixes this.

A #Bitcoin monetary system reduces uncertainty.

Every 10 minutes new Bitcoin is issued.

The issuance amount is cut in half every 4 years until the 21 million supply cap is reached.

A USD monetary system is based on the subjective judgment of unelected individuals.

Choose #Bitcoin, an incorruptible, transparent and predictable monetary system.

Price is information that reflects supply and demand for goods and services. #Money is the bedrock of the pricing mechanism.

If central banks manipulate money, the pricing mechanism is therefore also manipulated and becomes inaccurate.

#Bitcoin fixes this.