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PiecoverBTC
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I write for #Bitcoin at piecover.com 80 IQ Paranoid #Bitcoin maxi Bitcoin is ! Husband & Dad LN⚡piecover@walletofsatoshi.com Bitcoin Education For The World: piecover.com Youtube: @piecover Twitter(X): @piecoverbtc Bitcoin Silent payment: sp1qqd02gfkc56e9whh6d0pkf2q0cu6ezcsvg67l7jvgcap8z7slj68qkqmaq3yjmt56pnpkcrc5avvqus7s69e5daqcdpvys6p46yazya7seq27qwj6

Very few understand

#Trump is a #Crypto President Not a #Bitcoin President

I doubt coinbase has all the #bitcoins they say they have

Bitcoin just exists like the sun and other stars

Bitcoin is like the sun that rises in the morning in the east and sets in the west. It is never late nor too early every day it is present even if there is bad weather it is always there above the clouds. Everything that needs life and energy is surrounded by the sun. Bitcoin surrounds itself with the energy from the sun that is why it is immortal. All other forms of money that do not use much energy like bitcoin will lose value against it.

Everything we do in life takes energy from the sun in one way or another, our food comes from the soil that grows with sunlight, fossil energies derived from the sun.

Bitcoin is not only energy it is also time. Every 10 minutes since it started in 2009 it has recorded time without interruption until today. When someone buys bitcoin you not only buy their energy back but they also buy their time back.

That's why Bitcoin is one of the only ways we can physically protect our time and energy against inflation, money printing and gvt deficit,..

The advantages of #Bitcoin are: it can't catch fire, it can't flood, it can't collapse in an earthquake, it can't age, it doesn't need reparation after age, it's immortal (can't die), it doesn't care who is in power nor if people buy it, it doesn't need the government to come save it, it doesn't need rain nor can it burn in the sun.

Bitcoin is! Once you realize that you understand why we bitcoin.

People said the same things when most of the hashrate were coming from China. Having most of the hashrate doesn't give you power to control the network.

In the pass 5 years[2020-2025] the US dollar 💵 fell 93.76% against #Bitcoin.

5 years before that[2015-2020] the dollar fell another 99.8% against bitcoin

5 years before that[2010-2015] the dollar fell another 99.9%

In the same 15-year period house prices fell 90% against bitcoin.

The same thing happened to gold, the British Pound💷, the Canadian dollar💵 and the euro💶.

In the next 5 years #Gold, Houses, American dollar(USD), Canadian dollar, Euro will all fall for another 99% against Bitcoin untill infinity. The reason is simple: They cannot create more bitcoins but they will always be able to create all these other things without limit.

There is only $220b worth of #Bitcoin on exchanges, 2.2million #BTC

Where is the US 1million Bitcoin Reserve coming from?

Trudeau resigned #Bitcoin is Up

The moment you find #Bitcoin you're born a third time, the second birth were when you found Jesus or God

How banks counterfeit money? How to create unlimited fake money in secret?

When you are a bankster you have a license to create unlimited fake money for free to make yourself richer at the expense of everyone else. If you and I decided to do something like that without a banking license we would be in prison for life the same day they catch us, but the bank has the right because it can create enough money to buy the government and go after everyone who stands against them. If you can print the currency of a nation it doesn't matter who make the laws you will print enough to buy them out. But the question is how the process of the banksters creating money works?

When you deposit your money in a bank the money doesn't stay in the bank behind an iron wall waiting for you to withdraw it, if it were like this you would find your 10K dollars in the same moment when you need to withdraw it, but the bank only has a the small fraction of what was deposited and had multiplied it by 100 to loan it to another person at a big interest on your money. This means that the bank only has 1% of the money that everyone has deposited, this act is called "Fractional Reserve" I think it would be more honest if they called it "Fractional Counterfeiting"

The problem is that every time someone deposits money in a bank, they multiply the total number of currency units in the economy from 5 to 100 times (depending on the value of the money). This is how the Banksters create most of the currency through the banking system.

If everyone decided to withdraw their money at once from the bank, they would be a run on the bank which would cause them to close their doors, only the people who withdraw their money first will get their money out.

Bitcoin a b c

Piecover

Bitcoin is not going to kill the dollar 💵 the dollar is already dead in the water 💦

https://www.piecover.com/2025/01/bitcoin-is-not-going-to-kill-dollar.html

#Bitcoin #usdollar #banks #inflation #bonds #China #Trump

Replying to Avatar Chelsea

You're highlighting the importance of scarcity and limitation in a monetary system.

In traditional fiat currencies, governments can print more money at will, which can lead to inflation, devaluation, and ultimately, a loss of trust in the currency. This is often referred to as "inflationary pressure." When there's too much money chasing a limited number of goods and services, prices rise, eroding the purchasing power of individuals.

The concept you're illustrating with Bitcoin (and potentially other cryptocurrencies) is that of scarcity-based value, also known as "sound money" principles. Here are some key points you touched upon:

1. **Limited supply**: By being capped in quantity, a currency's value becomes more stable and less susceptible to inflationary pressures.

2. **Trust and reliability**: People can trust their savings to maintain purchasing power over time because the risk of devaluation is lower.

3. **Reduced debt reliance**: When individuals have confidence in the money they've saved, they're less likely to take on excessive debt to survive.

4. **Long-term financial security**: In a limited-supply currency system like Bitcoin, individuals can work hard and save for a few years and still enjoy long-term financial stability.

By limiting the supply of a currency, you create an environment where:

* Individuals can trust their savings to grow in value over time

* Businesses are less likely to rely on inflationary profits or excessive debt

* The economy is more stable, with prices reflecting real values rather than artificially inflated ones

Thanks for sharing your insights!

I agree with everything you said except, "potentially other cryptourrencies", there is only one real cryptocurrency it's called Bitcoin everything else is a scam or a shitcoin

Why is it important that the money is limited?

A money that is not limited in amount is not a real money that you can trust to save into because you take the risk of waking up one morning to see that they have created so much money that it becomes worthless, all the time and energy you have spent working for it will go down the river. Your family becomes poorer and you will take more debt to survive, that's why in most economies today everyone lives on debt instead of what they have saved.

On a money system like Bitcoin you only need to work hard and save in it for a few years and you will get enough money to live for the rest of your life, that's just because the money is limited in quantity.

Jan 3rd 2009 starts a brandnew époque "La belle Bitcoin Époque"