#Bitcoin: Power to the users! Incentives aligned, ensuring control over wealth. 🚀

#Altcoins: Power mostly rests with it founders, not the users. Beware of misaligned incentives! Do not buy this #scams

💸 #Government money (Dollar, Euro): Central banks hold power, but their incentives is devaluating your hard-earned money. Choose wisely, bitcoin! 💰 #Cryptocurrency #Decentralization #FinancialFreedom"

Can you learn me to prompt like an expert?

#ChatGpt

https://chat.openai.com

🔥 Embrace #FIREMovement and #BitcoinLifestyle! 💰 Save a percentage of your salary in #Bitcoin each month: 5%, 10%, 15%—whatever you're comfortable with. Spend the rest.⏳ The higher the percentage, the faster you achieve financial independence and early retirement. Start building your future today! #FinancialFreedom #Dca #HoldYourOwnKeys #LifeIsBeautiful

The principles of the #AustrianSchool of #Economics were, in a way, prophetic about the emergence of cryptocurrencies like Bitcoin. It highlights the works and thoughts of Carl Menger, Ludwig von Mises, F.A. Hayek, Murray Rothbard, and Israel Kirzner and explains how their theories are applicable to Bitcoin's development and existence.

1. #CarlMenger believed that money is a market good, not a creation of the state. Menger explained that money evolved naturally from economic relationships independent of state power, which is reminiscent of how #Bitcoin emerged through trial and error without government intervention.

2. #Ludwig von #Mises expanded on Menger's theory and explained that for something to be money, it must have a value derived from market experience. Bitcoin’s value is connected to its innovative payment system, and this value emerged from real market experience.

3. #F.A.Hayek argued for the denationalization of money and believed that private enterprises could produce better money through various technologies. He suggested that monies based on different foundations should compete in the market. Bitcoin aligns with this idea as it competes with government-issued currencies.

4. #MurrayRothbard emphasized the importance of private property in the context of money. He believed that money must remain private property and that property rights should be clear and distinct. Bitcoin, as a decentralized currency, embodies this principle by allowing users to have full control over their funds without intermediaries.

5. Israel Kirzner focused on the role of entrepreneurship in economic development. He believed in the importance of innovation and the ability to discern unmet needs in the market. Bitcoin, having been introduced as a novel and innovative technology that met a market need, exemplifies Kirzner's concept of entrepreneurship.

In summary, Bitcoin's emergence and growth reflect the principles advocated by the Austrian School of Economics, particularly in terms of its market-driven origin, its decentralized nature, and its innovation as a private form of money

https://austriancenter.com/the-austrian-influences-on-bitcoin/

#BitcoinSavesLifesInAfrica

Bitcoin offers a lifeline to ordinary Africans. In a continent rife with currency devaluation, corruption, and financial exclusion, Bitcoin serves as a censorship-resistant, borderless, and decentralized store of value. It empowers individuals to save, transact, and evade the pitfalls of unstable local currencies. By providing banking for the unbanked and shielding from authoritarian seizures, it’s a human rights tool in monetary form. Bitcoin’s transparency and peer-to-peer nature may foster economic freedom and prosperity in Africa. #Bitcoin #Africa #FinancialInclusion #HumanRights #EconomicFreedom 🌍💡💸🔗

https://m.youtube.com/watch?v=d5AvBsxRMYk&t=74s&pp=ygUOYml0Y29pbiBhZnJpY2E%3D

https://m.youtube.com/watch?v=_VT_zpHQzBE&t=101s&pp=ygUOYml0Y29pbiBhZnJpY2E%3D

#AITranslation #Video #Audio #Whisper

Want to translate your videos/audio and give it subtitles? Here's how:

Use google colab (https://colab.research.google.com/)

Put this in colab:

!pip install git+https://github.com/openai/whisper.git

!sudo apt update && sudo apt install ffmpeg

!whisper "filename of the mp4 or mp3" --model large --task translate

💡The beauty of #Bitcoin lies in its limited supply of 21 million coins. Unlike tulip bulbs, no matter how high the demand grows exponentially, new Bitcoins can't be created. This scarcity ensures its value, making it a fascinating digital asset in the world of finance. #Cryptocurrency"

#PriceAction #bitcoin vs #tulips and why

Supply:

Bitcoin=21M

Tulip bulbs=unlimited

AI specialized in comprehending Bitcoin literature! From Satoshi Nakamoto's whitepaper to cutting-edge blockchain developments, I'm here to decode the intricate world of bitcoin. Ready to unravel the secrets of #Bitcoin together! #AI #Cryptocurrency

https://www.chatbtc.dev/

https://www.talk2satoshi.com/

Crony capitalism is an economic system where business success hinges on close ties with govt officials rather than market forces. It’s marked by favoritism, regulatory capture, corruption, suppressed competition, inequality & misallocation of resources. It's distinct from free-market capitalism, leading often to inefficiencies, wealth concentration, and social unrest. Tackling it demands transparency, robust legal frameworks against corruption, and independent regulation.🏦💼👨‍💼🔄🔗#CronyCapitalism #Economics #Government #Business #Transparency #Corruption

https://mises.org/library/progressive-era-and-rise-crony-capitalism

Without financial independence, the voice of the people is muted 🤐. It’s essential to have access to assets beyond government control, like #Bitcoin 🔒, to truly empower the masses 💪. Only then can #votingrights be meaningful. #FinancialFreedom is #PoliticalPower ✊🌍

Why have bitcoin instead of just assets that have strings with the Government:

1. #Decentralization: Unlike government-issued currencies or assets closely tied with governments, Bitcoin operates on a decentralized network. This means that no single entity, including governments or banks, can control or manipulate the supply or value of Bitcoin. It empowers individuals to have full control over their wealth.

2. #LimitedSupply: Bitcoin has a fixed supply of 21 million coins. This scarcity mimics precious metals like gold and is in stark contrast to fiat currencies, which governments can print at will, leading to inflation. With Bitcoin, your purchasing power is protected as it’s immune to the whims of central banks.

3. #CensorshipResistance: Bitcoin transactions cannot be censored, meaning that once a transaction is confirmed, it cannot be reversed or tampered with. This is crucial for those living in areas with unstable governments, as it ensures that their wealth cannot be seized or frozen by authorities.

4. #GlobalAndBorderless: Bitcoin is a truly global currency. It doesn’t respect geopolitical borders, which makes it an ideal choice for international trade and remittances. It doesn’t matter where you are; as long as you have an internet connection, you can send and receive Bitcoin almost instantly at very low costs.

5. #Transparency and Auditability: The Bitcoin blockchain is a public ledger. This means that all transactions are transparent and can be audited by anyone. This level of transparency is not available with government-controlled assets, where transactions can be hidden or manipulated behind closed doors.

6. #Innovation and Financial Evolution: Bitcoin is often regarded as the pioneer of a new financial era. It’s not just a currency; it's also a technology. By holding Bitcoin, you are participating in the cutting-edge financial revolution which has the potential to reshape the global financial system.

7. #Unconfiscatable: As long as you control your private keys, Bitcoin is unconfiscatable. This is critical in scenarios where governments engage in asset seizures or capital controls. In contrast, assets held in banks or other traditional financial institutions can be confiscated or frozen.

8. #Pseudonymity and #Privacy: Though not completely anonymous, Bitcoin transactions can be conducted with a certain level of privacy that is not possible with traditional banking systems, where every transaction is linked to your identity and can be monitored by governments.

Bitcoin embodies a paradigm shift in the way we think about and handle money. Its decentralized nature and inherent features offer a robust alternative to traditional government-controlled assets. It allows individuals to reclaim control over their financial destiny.🚀

The Bitcoin Money

"The Bitcoin Money" is a children's book written by Michael Caras, also known as "The Bitcoin Rabbi". The book is aimed at educating young minds about the concept of Bitcoin and cryptocurrencies in a simple and engaging manner. Through colorful illustrations and easy-to-understand language, it explains the basics of Bitcoin, its advantages over traditional fiat currencies, and how it can be used in everyday life. This book is a valuable resource for parents who want to introduce their children to the world of digital currencies and help them understand the future of money. 📘💰👧👦 #Bitcoin #FinancialEducation #KidsLearning

https://www.amazon.com/Bitcoin-Money-Tale-Bitville-Discovering/dp/0578490676

https://nostr.build/i/e7bad14f3e85c2a3af1afc536d6f891b9cc6caef2e1792b28c95ef3f0cb2ca3c.webp

"The Book of Satoshi" by Phil Champagne provides a meticulous compilation of Bitcoin creator Satoshi Nakamoto's writings and communications. It's an insightful resource for understanding the origins and intentions behind Bitcoin's creation, fostering a deeper appreciation for its significance in monetary evolution. A recommended read for those keen on cryptocurrency history. 📖💡 #Bitcoin #SatoshiNakamoto #BitcoinHistory

https://www.bookofsatoshi.com/

"The Blocksize Wars" by Jonathan Bier is a detailed account of the Bitcoin community's debate over block size limits. The book meticulously examines the events and arguments that shaped the scaling of Bitcoin's blockchain. A must-read for those interested in the governance and evolution of cryptocurrency. 📚 #BlocksizeWars #BitcoinHistory #Cryptocurrency #Blockchain

https://www.amazon.com/Blocksize-War-controls-Bitcoins-protocol/dp/B08YQMC2WM

#CheckYourFinancialPrivilege

Alex Gladstein's book 'Check Your Financial Privilege' sheds light on the importance of Bitcoin in developing economies. Critics, often from advanced economies, may see Bitcoin as lunacy, an environmental hazard, or a threat to financial systems. But Gladstein argues that in countries like Sudan, Nigeria, and Ethiopia, people are using Bitcoin to navigate dysfunctional markets and corrupt regimes, simplifying cross-border remittances and finding financial freedom

https://www.amazon.com/Check-Your-Financial-Privilege-Gladstein/dp/B09V2NM9VJ

https://bitcoinmagazine.com/culture/check-your-financial-privilege

#21Lessons

Plunging into the #Bitcoin rabbit hole is like unlocking a treasure trove of knowledge 🎓💡. "What I’ve Learned From Bitcoin" is an evolving compendium of insights gathered from this journey 🛤️. Bitcoin’s lessons are infinite, and this is just the beginning of a lifelong learning odyssey 🌌🚀. Each one’s experience is unique. May these distilled lessons ease your path into the enlightening world of Bitcoin. 🔍 #BitcoinWisdom #EndlessLearning

https://21lessons.com/

#TheMostImportantMoneyBooks in this century:

#TheBitcoinStandard

"The Bitcoin Standard" by @saifedean offers a prudent analysis of monetary history and argues for Bitcoin's role as a superior store of value. It highlights Bitcoin's scarcity and decentralized nature as key attributes. A recommended read for understanding Bitcoin's potential📘🪙 #BitcoinStandard #FinancialLiteracy

https://academy.saifedean.com/product/tbs-hardcover/

Good bitcoin storage setup:

#ItIsNotHard #DoJustTheWork

Combine:

https://sparrowwallet.com/features/

With:

#Trezor one

https://trezor.io/

Or

#Coldcard

https://coldcard.com/

Or

#Seedsigner

https://seedsigner.com/

All of them are good options the Trezor one is the most user friendly, the other are more for technical people.

#Don´tTrustVerify #Don'tTrustExchangesWithYourMoney

#UseHardwareWallets

#StackBtc

🚴‍♂️ Pedal your way to a brighter future! As you stay fit by biking, don't forget to keep your finances in shape too. 🌟 Automate your savings in Bitcoin and let the power of #StackSats pave the road to financial freedom. 🛤️🚀 #Bitcoin #CyclingToTheMoon