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Harry Duncan
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Bitcoin & Nostr FTW

Bitcoin: the first undebasable money.

History shows humans have always found a way to debase or dilute the money of the day: finding more cowrie shells, more rai stones, more glass beads, clipping coins, mining more gold, melting non-monetary gold, paper printing, plus many more examples.

Bitcoin is a monumental, civilisational milestone because, for the first time in human history, it credibly enforces an undebasable money supply. In other words, an absolutely scarce money supply.

Debase the money = Debase the people

Undebasable money = Undebasable people.