What are the 3 main characteristics of a money that is dying?

A money that is dying—losing its function as a reliable store of value, medium of exchange, or unit of account—typically shows these three main characteristics:

1. Rapid Loss of Purchasing Power (High Inflation or Hyperinflation):

Prices rise quickly and unpredictably. People rush to spend money before it loses more value, leading to a collapse in trust and long-term planning.

2. Loss of Public Confidence:

People stop trusting the currency. They might prefer foreign currencies, barter, or hard assets like gold, real estate, or crypto. The local money becomes a last resort.

3. Breakdown of Monetary Utility:

The money no longer effectively serves its basic functions. It’s no longer accepted widely, accounting becomes unreliable, and economic coordination breaks down.

If all three are happening, the currency is likely already in its terminal phase.

💯

Today the annualized inflation rate of Bitcoin is 1.71%.

One year from today the annualized inflation rate of Bitcoin will be 1.68%.

Good luck getting this level of predictability from a central bank issued currency.

- nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp

#BitcoinTwitter

Perhaps the most staggering data I came across while researching the IMF and World Bank is that ever since 1982, the flow of funds has been from poor countries to rich ones, not the other way around as we are led to believe

This flow is now in the *trillions* of dollars per year

- nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu

#BitcoinTwitter

Perhaps the most staggering data I came across while researching the IMF and World Bank is that ever since 1982, the flow of funds has been from poor countries to rich ones, not the other way around as we are led to believe

This flow is now in the *trillions* of dollars per year

- nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu

#BitcoinTwitter

Perhaps the most staggering data I came across while researching the IMF and World Bank is that ever since 1982, the flow of funds has been from poor countries to rich ones, not the other way around as we are led to believe

This flow is now in the *trillions* of dollars per year

- nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu

#BitcoinTwitter

Go ahead. Give the bank your money. See if they give it back. How many questions they ask. And how long it takes. Do it.

Dare you.

Lesson #1

Bitcoin ≠ Crypto

When it comes to crypto, anything that isn’t Bitcoin is a waste of time.

US Gov just stacked 119.65 BTC at the price of civil forfeiture for SBR

OOOF nostr:note1vnr0gvz9674yqv8nvzh873rgtcjayz092leqn4wwl9dzk2k63wfqzszxdc

GM ☕ 🌞 🌴