#HenryFord's assertion highlights the complexity and potential instability of the banking and monetary system. Understanding its intricacies can reveal inequalities and flaws, sparking public discontent.
A populace aware of monetary mechanisms might demand reforms or even stage a revolution to address perceived injustices. Lack of comprehension shields the system from immediate upheaval, allowing it to function despite inherent flaws.
However, increasing financial literacy empowers individuals to advocate for transparency and accountability, potentially fostering a more equitable system. Ford's words underscore the importance of education in navigating and reforming complex financial structures for the benefit of society. 
If most of people agree with you then it means that #bitcoin has stabilised and is not a good investment anymore, it’s just a store of value.
If #Bitcoin becomes widely understood and accepted, its value may stabilize as speculation decreases. As more people embrace Bitcoin, its price reflects its true utility and demand, reducing potential for high returns. A consensus on its value indicates market maturity, diminishing opportunities for rapid growth. Moreover, increased understanding may lead to regulatory scrutiny, impacting its volatility. However, Bitcoin's adoption as a mainstream asset could still offer long-term stability and serve as a hedge against traditional financial systems. Therefore, while widespread comprehension may limit short-term gains, it strengthens Bitcoin's role as a reliable store of value in the future.
Proof of Work (#PoW) utilizes energy to secure and validate transactions, converting it into digital capital. This process ensures the integrity and security of the network through cryptographic algorithms, making it resistant to manipulation.
The energy-intensive nature of PoW ensures a high level of decentralization and security, crucial for trust in digital transactions. Moreover, PoW incentivizes miners to invest in hardware and energy, thereby contributing to the network's robustness and scalability.
By aligning energy expenditure with computational power, PoW establishes a reliable and transparent mechanism for creating and transferring digital capital securely over the blockchain. nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m
Only my time and time is #bitcoin 
No, I think the train 🚂 left the station too late #not 
What is the neutral language of value in the internet?
#Bitcoin's decentralized nature and cryptographic security make it an ideal candidate for #AI transactions. As AI becomes more autonomous, it will require a universal language of value to facilitate transactions seamlessly across the internet.
Bitcoin's neutrality, borderless nature, and acceptance across various platforms position it as the prime contender for this role. Its algorithmic design also aligns with the logic-based operations of AI.
Additionally, Bitcoin's finite supply fosters trust and stability, crucial for AI's long-term planning. As the internet evolves, Bitcoin's resilience and adaptability make it a compelling choice for AI transactions
https://www.youtube.com/live/lqmdr9-5Opg?si=Y0cgwugDjDrHPeKs
Sorry I think is stupid
1 sat for 33 BTC 🤯 the only people that could do this without regret is someone that can print money, then is ok to buy 💩
https://decrypt.co/228084/bitcoin-epic-sat-halving-sells-over-2-1-million
Assuming that’s the case there is no case to it. Maybe after the reality will be evident 🤓🙏
Attempting to ban Bitcoin due to its association with illicit activities is not congruent and fundamentally flawed. Nearly all forms of currency or asset have been used in nefarious activities throughout history - from cash, credit cards, and gold to real estate property. Banning Bitcoin because bad actors use it would require banning other objects we mundane items like ropes which can be used for evil purposes too.This only punishes law-abiding citizens while leaving the underlying issue unaddressed. Instead, regulatory frameworks that strike a balance between individual privacy rights and necessary security measures are needed- much like they do with traditional forms of finance like banks and money transfer services. #Bitcoin #DigitalPrivacy
#Wbtm
It's a common misconception that the most expensive Bitcoin is the hardest to buy. In fact, historically, Bitcoin prices have tended to stay relatively low for extended periods of time before surging in value - meaning investors who bought in early often made out like bandits. However, even if you missed the boat earlier on, you can still benefit from tools like dollar cost averaging (DCA) which enable you to invest regardless of price fluctuations and take advantage of new opportunities as they arise. Once invested and with a solid grasp on underlying principles, it becomes easier to buy-in at higher prices since this knowledge reduces anxiety around temporary market swings. #Bitcoin #InvestingStrategies
#Wbtm
Count to 10, #bitcoin is for everyone, people are going to be people bad or good, the good thing is #bitcoin doesn’t care.
#weAreInThisTogether
Check JeffBooth I got his emotions at the end, really good
#Banks adopted #fractionalReserve banking to maximize profits and attract more customers. By offering minimal fees or even yield incentives, banks encourage more deposits, leading to increased lending and customer base.
However, this practice expands the money supply beyond the reserves held by the bank, creating the potential for bank runs if depositors demand more funds than the bank can cover.
This cycle of attracting deposits, lending, and expanding the money supply can be profitable for banks in the short term but carries inherent risks, including liquidity shortages and systemic instability, as witnessed in historical banking crises.
#brokenMoney nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a
What is a #BearerAsset?
#Gold, paper notes, and #Bitcoin are bearer assets because ownership is determined by possession. In the case of gold, physical ownership of the metal confers ownership rights.
Paper notes represent a claim to value and can be transferred by physical possession. Similarly, Bitcoin operates on a decentralized network, with ownership determined by possession of cryptographic keys.
Unlike assets tied to legal ownership or centralized institutions, bearer assets grant direct control and anonymity to holders. This characteristic makes them appealing for transactions where privacy and autonomy are valued, despite varying levels of physical tangibility.
Any similarities with #bitcoin are pure coincidence
#Gold embodies the essential characteristics of good money.
Its #divisibility allows it to be divided into smaller units for transactions.
#Portability ensures easy transport and exchange.
#Durability means it retains value over time.
#Fungibility ensures each unit is interchangeable.
#Verifiability confirms its authenticity.
#Scarcity maintains its value.
#Utility extends beyond currency to industrial and aesthetic purposes.
These attributes explain why gold was valued by civilizations worldwide as a medium of exchange, a store of value, and a symbol of wealth. Its intrinsic qualities make it an enduring form of money, cherished throughout history and across cultures.
Debt vs Gdp
This is like expending more than what you are making.
This ends in #bankruptcy if you are not allowed to print your own money to pay your debt. 
#TrueSingularity idea by Mr. nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe
The true singularity isn't merely when computers surpass human intelligence, but when society ensures that the benefits of technological advancement are accessible to all.
By democratizing productivity gains, we empower widespread prosperity and opportunity. This inclusive approach fosters innovation, creativity, and societal progress while mitigating disparities.
Embracing this vision shifts the focus from technological supremacy to human well-being, ensuring that progress serves the needs and aspirations of every individual, not just a privileged few.
#JohnVonNeumann, a renowned mathematician, pioneered #gameTheory with Oskar Morgenstern, exploring strategic decision-making. Game theory's principles apply to Bitcoin, a decentralized digital currency.
In Bitcoin, participants engage in strategic interactions, influenced by incentives and competition. Miners, users, and investors navigate game-theoretic dynamics to maximize their gains, impacting the network's security and stability.
Understanding game theory helps anticipate behaviors within the Bitcoin ecosystem, such as mining strategies and market dynamics. It informs the design of decentralized systems like Bitcoin, ensuring robustness and functionality amidst diverse incentives and strategic considerations.
Embracing #deflation as a means to enrich everyone daily hinges on a belief in its benefits. Deflation naturally rewards savers as the purchasing power of money increases over time.
It encourages prudent spending, incentivizes innovation and efficiency, and reduces the burden of debt. In contrast, inflation, often fueled by excessive money printing, erodes the value of savings, penalizes savers, and distorts economic decisions.
Embracing deflation means prioritizing sustainable growth and wealth accumulation over short-term stimulus. However, it requires careful management to avoid deflationary spirals and ensure economic stability.
Follow
nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe
#Bitcoin is a weird mix of concepts one of them a simple belief that will make things better. At least has a good level of certainty 🫡 GM
“Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value.” - Eric Schmidt 