I was 10 when I got dicked by the banks as my pocket money in Marks was converted to Deutsche Mark.
I was 20 when I got shafted by the banks as my first paychecks were converted from Deutsche Mark to Euro.
I was 30 when I got robbed by banks as I converted my life savings from EURO to USD when I moved to California.
I was 40 when American banks failed and the value of the Dollar erodes to zero.
It doesn’t bother me anymore. I found #bitcoin. ₿itcoin allows me to sleep safe and sound at night.
I keep seeing people not understanding the difference and mentioning #bitcoin having an inflation rate.
That is incorrect.
It is not an inflation rate. It is the issuance rate. Bitcoin's inflation rate is 0% as no new coins are created. ₿itcoin has a fixed coin limit so the value of them can not be inflated by creating new ones. The mining reward unlocks new coins to be moved around but they are all accounted for before they are even mined.
Bitcoin's issuance rate is determined by the mining reward, which is gradually reduced over time until the maximum supply of 21 million bitcoins is reached. The issuance rate of Bitcoin decreases over time, eventually reaching zero once the maximum supply has been reached. This is different from traditional currencies, where central banks can print more money and increase the money supply, leading to inflation.
Inflation rate, on the other hand, refers to the rate at which the general level of prices for goods and services is increasing over time. Inflation can occur due to various factors, such as an increase in the money supply, changes in the demand and supply of goods and services, and changes in production costs. Inflation reduces the purchasing power of money, as the same amount of money can buy fewer goods and services over time.
My new #bitcoin podcast obsession https://fountain.fm/episode/12625647609
#Bitcoin knocking on the $30k mark like Jack Nicholson knocking on that bathroom door in The Shining
#crypto is an affinity #scam 
iPhone 14 Pro Max
Слава Україні!
Слава Україні! 🇺🇦 🌻
This is what 500.000.000 German Mark looked like in 1923.
Unable to verify my npub on nostr nests and browser extensions seem unsupported 😓 
Verifying my Nostr Nests identity: 4rhzV2795sNr_hbP4NtDWpXR5CljRjgfefXmg_KdAwE
The last time US banks collapsed ₿itcoin was born. The next time US banks collapsed the value of USD has eroded so far that an individual ₿itcoin was valued around $25.000.
What do you think will be one ₿itcoin worth the next time banks collapse?
#overunder
The state of the United States banking system is much more desolate than the recent banking collapse leads on to believe.
https://damus.io/note1caqudxm9jtfxp05wc66wkgthg835fszxd97wuu7t58csk9s372hqguzqa2
The value of the United States Dollar is eroding much faster than the FED mandate target of 2% p.a. Leads on to believe.
¡PV! #nostrica 🤙🏻
If you want an easy explainer how broken the banking system really is and why they are doomed to fail eventually, give this a listen:
The #[0] #FOMO is real. I’ll try to catch as many of the virtual events as possible 🤙🏻