#Bitcoin’s decentralization is not determined by who owns it. Both large and small holders both have zero ability to control the #BTC network.
When you use the same #BTC address over and over, it’s easier for someone to track your spending habits and build a profile on you. That profile can be used to identify you, or to target you with scams or phishing attacks.
To protect your privacy, it’s best to use a new #Bitcoin address for each transaction.
We desperately need a financial system that puts us in control of our money. A system where we can earn, save, and spend our money however we want, without fear of government interference or censorship.
#Bitcoin is that system.
Currency inflation is a government-endorsed scam that benefits the rich & powerful and hurts basically everyone else.
#Bitcoin is a way to protect your wealth.
Bitcoin, in light of its near-total resistance to any form of control, is perhaps the most decentralized network on the planet, and #Bitcoin’s decentralization is undoubtedly one of its most valuable characteristics.
If only we had a crystal ball right? Then we’d know right when hyperbitcoinization will happen.
Early adopters stand to benefit as the world moves towards a #BTC standard, because #Bitcoin is a scarce asset that‘s not subject to inflation.
There’s no reason why #Bitcoin have to be custodied by someone else; if we don’t custody our own #BTC, it’s by choice, not out of necessity.
The production of money has always required energy, like the energy expended by our ancestors to collect shells, the energy used to mine gold, or the energy used to operate militaries to protect the money printers of today
It’s only natural that #Bitcoin would also require energy
#Bitcoin is a perfect hedge against inflation because it has a fixed supply of 21 million coins. The blockchain code enforces this supply cap, and the community has no incentive to change or remove the cap.
The fact that the #BTC blockchain is decentralized no matter who owns the most Bitcoin is a key reason why #Bitcoin is such good money.
#Bitcoin has millions of users all around the globe. Some of them will want to use #BTC for financial reasons, and some won’t.
#Bitcoin is more stable and secure than fiat currencies, and it isn’t subject to currency inflation. This can help mitigate the negative impacts of inflation on economies and societies, such as crime, recessions, and inequality.
Our world desperately needs a financial system built on #Bitcoin. A system where you remain in complete control of your ability to earn, save, and spend your money however you want. A system where no one can kick you out and no one can limit you.
The #Bitcoin blockchain is a worldwide network of individuals who each have the sole ability to choose what version of the software they’ll run.
If we can’t trust corporations and governments to protect our money, why should we bother giving it to them in the first place?
We shouldn’t.
I use #Bitcoin because it’s easy to custody and protect.
Inflation is a lie. It’s a way for overbearing governments to steal our wealth and take it for themselves or give it to their friends.
#Bitcoin is truly better money than what we’ve had up to now. It’s a way to protect our wealth and build a better future.
Custodial services spend millions to publicly advertise the security of their platforms and to assure us that our assets will always remain our property.
How has that worked out?
Our #Bitcoin are never truly safe when we let someone else hold our private keys.
People have been conditioned over the years to believe that inflation is a natural part of the economy. But #Bitcoin shows us that inflation is a choice — one that’s hurting everyone.
PoS is highly susceptible to capture and control by whales, custodians, governments, and others in ways that proponents are just beginning to see and understand.
In short, PoS cannot lay claim to being truly decentralized, like #Bitcoin on PoW can.