Under the #Fiat system, the Fed orders the printing of an unlimited amount of dollars, debasing the currency, then attempts to control the market by increasing and decreasing interest rates based on backwards-looking data.
It's like driving the economy by stomping on the breaks and gas, sending us flying into the windshield or back into the seat, and leaving society concussed.
Under a #Bitcoin system, the supply is fixed and predictable, with no central authority able to manipulate it. It takes the wheel away from the whims of central bankers and places the system on cruise control.
“Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.”
- Satoshi Nakamoto, 2009
“The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.”
- Satoshi Nakamoto, 2009
“People are fed by the Food Industry, which pays no attention to health, and are treated by the Health Industry, which pays no attention to food.”
- Wendell Berry
Three pounds of toxic chemicals per person are sprayed in the US each year, destroying the microbiomes of our soils and our own guts.
In the 1960s, 1.2% of children experienced chronic disease.
Today, 52% of children are diagnosed with a chronic disorder or disease.
The central bank system prints more #fiat money every year, inflating the money supply and decreasing the value of all the money that you ever traded your time for, past and present.
#Inflation is time theft. Global time theft performed in an instant with the push of a button by centralized, corruptible parties.
#[0] Verifying My Public Key: “timghammond”
https://twitter.com/timghammond/status/1631119218014822400?s=46&t=xUWvMPyzN3qkMCql-VD2CA
#Bitcoin using #ProofofWork is a once in a thousand-year technological leap forward that will help separate money from the state, advance human rights worldwide by offering disenfranchised populations access to a global monetary network, and help regenerate the environment by capturing wasted energy and providing monetary incentives for the advancement of green energy solutions.
In 1945, at the end of WWII, the US and other Allied countries grew 45% of their food within their own backyard victory gardens.
Today, we grow less than 0.1% of our food in our backyard gardens.
We have been socially conditioned to be consumers, rather than producers.
#Gold was good for maintaining value across time.
#Fiat was good for maintaining value across space.
#Bitcoin is good for maintaining value across both time and space.
Started taking Ion recently too. Good stuff.
Definitely! I believe glyphosate was a large factor in my own leaky gut issues.
#Fiat is Rulers without Rules.
#Bitcoin is Rules without Rulers.
Please join me in signing this petition to ban glyphosate.
#Glyphosate is the most commonly used herbicide globally–– it also impairs our bodies’ and brains’ ability to function properly.
Glyphosate has been found to cause injuries to the cellular function of our bodies including epigenetic, metabolic, neurologic, autoimmune, and cancers. However, farmers continue to use it to expedite uniform harvests.
Every country that has adopted widespread chemical agriculture practices has seen rising rates of these illnesses.
#Bayer, a company that manufactures glyphosate, lost enormous lawsuits to plaintiffs who claimed that glyphosate exposure caused their cancer. They set aside over $10 billion to settle the ongoing glyphosate litigation. But the U.S. government continues to approve its use.
Please join me in signing this petition to ban glyphosate.
#Glyphosate is the most commonly used herbicide globally–– it also impairs our bodies’ and brains’ ability to function properly.
Glyphosate has been found to cause injuries to the cellular function of our bodies including epigenetic, metabolic, neurologic, autoimmune, and cancers. However, farmers continue to use it to expedite uniform harvests.
Every country that has adopted widespread chemical agriculture practices has seen rising rates of these illnesses.
#Bayer, a company that manufactures glyphosate, lost enormous lawsuits to plaintiffs who claimed that glyphosate exposure caused their cancer. They set aside over $10 billion to settle the ongoing glyphosate litigation. But the U.S. government continues to approve its use.
Most cryptocurrencies copy the design of #Bitcoin , remove the #ProofOfWork (which grounds the network in physical reality and secures it), and implement #ProofOfStake (an abstraction unbound to physics) where they can have control over the ledger by various means.
#Fiat incentivizes violent conflict and environmental degradation.
#Bitcoin incentivizes peaceful transactions and green energy.
Bitcoin vs. Central Bank Digital Currencies (CBDCs) is one of the most important distinctions of our time, as blockchain technology offers us the ability to create freedom machines or control machines.
Do we adopt a novel system of rules without rulers, based on mathematics? Or do we continue with a digital form of the existing paradigm, managed by rulers without rules, and based on the ever-shifting political and financial motives of a few?
Do we enhance global monetary network security with a decentralized and distributed network? Or do we continue to rely upon an insecure centralized network with single points of failure?