"if #Bitcoin can truly crowd out other monies and become a true unit of account, that's where you get the full benefits, things like wage earners are now on equal or superior footing to wage payers" -nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a
The progressive benefits of a deflationary currency nostr:npub164q45vfa8prpl7f63stsl9qm9n22v6julkasjdqxjc8kevchsj0sp42rl3
#yomamasofiat she uses seed oils as a store of value
Shower power 🚿
Giving the people what they need nostr:npub18kpw3akvdsyk239lx0jgwksr74sq4nlha3r8u9g2rnrhztfpfhysy469c4 #stacksats
Listening to nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx and nostr:npub1ath4je07y7py74nvu044fum3f8hz3exc3dtcv782qg94w5gaddusl74k6d on What Bitcoin Did made me think someone should make an “amount of approx dollars in existence divided by the number of total sats” a nice complement to Moscow Time
It could help newbies visualize the power of owning some #sats instead of the out-of-reach-for-many goal of owning a whole bitcoin… #optoout
Big time, all the things i want to do but forget, they are right there in my list ready to be actioned when I’m ready :)
Yeah I just got back on a daily regimen of apple cider vinegar, salt, and lime juice in cold water the last two weeks. It taste delicious and i am desiring coffee less and less in the morning 🤯 #grownostr
I love the micropayment nature of #zaps I want more people in the world to give and receive the gift of micropayments 🥰
Bitcoin: The Counter-Cultural Savings Account
In my adolescents I quickly learned I did not mind talking in public. Speaking on stage to a large audience never gave me the cold sweats or knee knocking that so many people experience. When I started college I thought for sure I would be a Communications or Public Relations major but after taking Psychology 101 I knew I wanted more. I loved hearing about some of the no-longer-PC psyc experiments from yesteryears.
One of my favorite experiments to read about was the Stanford Marshmallow Experiment
https://psychologydb.com/en/stanford-marshmallow-experiment
The researchers used marshmallows and other treats to see which kids were able to delay their gratification for a larger reward in the long run and which kids chose the immediate smaller pay off.
Dear America,
I think we are being nudged into the immediate, smaller pay off agglomeration.
We are not incentivized to save.
Exhibit A
Banks give us very poor returns on our savings account, three giant banks in the USA that are not even shy about it
Chase - https://www.chase.com/personal/savings/savings-account/interest-rates
Bank of America - https://www.bankofamerica.com/deposits/savings/savings-accounts/
Wells Fargo - https://www.wellsfargo.com/savings-cds/rates/
With Nation Inflation rates “cooling down” to 6% it seems pretty deficient that all these massive banks have their standard savings accounts all coming in at well-below 1%.
Inflation means if we hold our money in cash it will lose value over time.
So what do we do? We are left to invest.
We put on our reading glasses, pay for help, and attempt to put our money into stocks, real-estate, and any other non-monetary asset we can to store our value. For far to long our money has been incapable of storing value and we’ve moved on to other methods.
Some don’t invest at all : ( instead they spend it all. Spend it all and get a credit card to spend a little more on top of that.
https://abcnews.go.com/Business/us-credit-card-debt-now-totals-1-trillion/story?id=97286223
It’s about time we consider some other methods to store some value, I would like to offer Bitcoin as a possible option.
Bitcoin is a savings account that changes your time-preference.
It pains you to look at it on a daily-frequency and rewards you for expanding your time preferences and checking in on it every 5 years.
From day to day, month to month, and even year to year Bitcoin’s value swings up and down, up and down.
However when you start to look at what happens to people who decide to save in bitcoin for 3, 4, or 5 years they are able to actually store their value in a way that keeps up with and/or exceeds inflation. https://dcabtc.com/
Are you ready to try something different?
Sound money, sound sleep.
Things 3 is my second brain on all my devices, love having my upcoming tasks on my wrist ⌚️
Always Lightning Bitcoin? Yaaaaaas!
😂😂😂
Talk about a culture shock 😵💫
Can you put just a pinch of orange 🍊 in it somewhere?