Start stacking today! 🧡
Amber.App
Savings allow you to focus on what matters, to specialize in your work and to plan ahead for your family 🫂
#Bitcoin is evidently the best tool for savings 🤝
Exactly 14 years ago, 1 #Bitcoin was worth more than $0 for the 1st time in history ✨
$1 = 1,309 #BTC
🔥15 years ago today, Satoshi Nakamoto sent Wei Dei the first draft of the #Bitcoin white paper. 🧡✨
Hodl on, you are on the path to #freedom ⚡✨
Choose wisely, anon👀
The #Branches are deeper than the #Roots. #Bitcoin🧡⚡
Problem, Reaction, Solution: Fiat, CBDC’s, and Bitcoin 📖 👇
https://amber.app/education/problem-reaction-solution-fiat-cbdcs/
Cypherpunk Adam Back in 1996, 27 years ago👀✨
History of Gold as Money 👇
1/ The use of gold as money has a long history, dating back to ancient times. Its durability, scarcity, divisibility, and recognizability made it an ideal medium of exchange. However, gold's drawbacks, such as portability and verification challenges, led to its centralization with trusted third parties.
2/ The gold standard was introduced to make gold more portable and profitable over distance. Under this system, paper currency was backed by gold, ensuring its value and ease of trade. Banks rehypothecated gold, benefiting from the business cycle.
3/ However, as the use of paper currency increased, the need for trusted third parties became significant. The Federal Reserve Act and Income Tax in 1913 established the Federal Reserve System, which regulated the money supply. Gold's physical nature required trusted abstractions.
4/ In 1971, the "Nixon Shock" severed the link between paper and gold, ending the Bretton Woods system. This decision had far-reaching effects, including a sharp fall in the US dollar's value, currency revaluation, and a surge in gold prices.
5/ The breakdown of the gold-dollar convertibility prompted the establishment of the petrodollar system in 1973. Oil-producing nations agreed to price oil exclusively in US dollars and reinvest their oil revenues in US assets. This solidified the US dollar as the global reserve currency.
6/ The history of gold as money showcases its unique characteristics and it’s role in shaping monetary systems. To delve deeper into this fascinating topic, check out the article below for a comprehensive exploration.
Infinity divided by 21 million: Where possibility meets scarcity, and value knows no bounds. ✨
Happy #Bitcoin Infinity Day 🧡✨
GM, anon. Keep front running the couterproductive class. We are going to win. amber.app
Don’t trust, verify. 🙌
#Bitcoin
Bitcoin is a bearer asset.
That means whoever has access to spend it, is the owner 👀
People who self custody do not rely upon any third party, aka - having no counterparty risk.
This independence is why Bitcoiners have the mantra "Not your keys, Not Your Coins".
Because self custody allows you to verify instead of trusting someone.
If anyone needs any help securing your bitcoin, reach out or comment below.
You will find that bitcoiners are some of the most generous people with their time. 🧡
Check out these #Bitcoin prices for #Apple iPhones over the years and decide for yourself, anon👀👇
📱 iPhone 4 - 2857 BTC
📱 iPhone 5 - 16.6 BTC
📱 iPhone 6 - 2.17 BTC
📱 iPhone 7 - 1.28 BTC
📱 iPhone 8 - 0.24 BTC
📱 iPhone X - 0.16 BTC
📱 iPhone 11 - 0.14 BTC
📱 iPhone 12 - 0.06 BTC
📱 iPhone 13 - 0.02 BTC
Start stacking today with http://amber.app 🧡⚡️https://void.cat/d/HUgPw85bnKA4AyASaDHRDN.webp
BTC Price: ~$11 📈
Date: June 4th, 2011 📅, 12 years ago
Hal Finney: "Every day that goes by and Bitcoin hasn't collapsed increases the chance of eventual success and justifies a higher price."
🙇♂️ 🙌🧡
The more debt the government and central banks create, the more fiat money is brought into existence, the more your savings become worth-less.
While this happens, it drives people to Bitcoin, the objectively better money.
Inversely, the more people choose bitcoin, the more it grows, the more it's purchasing power increases.
Will Governments continue to take on debt and create new money? Of course they will! 