Okay here is my 2 sats:
I am by no means an expert in economics or financial markets. I am decent with math and have a (basic) background in computer science and programming.
I only learned about bitcoin fairly recently (less than 1 year ago). I’ve been studying it daily since September 2024, and only bought in November.
The first time I heard about it around 2017 I quickly dismissed it - my rule at the time was cash is king so why would I waste my time with digital money? I didn’t even have a credit card, just a debit card to withdraw cash once a week from the ATM.
Once I read The Bitcoin Standard (after it sat on my shelf for ~2months), I truly felt like I was the last person to hear the news. Felt like everyone knows about the truth behind our financial system, and I just joined in. Then quickly realized, NOBODY is aware.
I’m curious to why more people aren’t asking questions about our financial systems on a larger scale? And I mean people like parents who have been working for 20+ years, honest earners, and millionaires (surely you don’t become a millionaire by sheer luck)…
Why do we have a federal reserve and almost every country has a central bank? Wouldnt be simpler if everyone in the world adopted Bitcoin? Why is there a “foreign exchange” industry that generates Trillions of Dollars annually purely on arbitrage (also known as speculation, or gambling imo) without adding a dent to the GDP?
There wouldnt be a need for the Fed’s “dual mandate of price stability and maximum employment”. The free market will decide on the price of goods & services and the hard money will incentivize people to work and provide value for society because there would not be any other “easy” ways to earn money (unlike today where it can be borrowed and printed).
Borrowing will still exist, but lenders will only lend capital if the investment is worthy. And anyone who decides to lend money they dont have will have to deal with the consequences.
To this day I still don’t understand why this is not something the human civilization cannot agree on.
This is incredibly well done!
nostr:note123z8vk534ukfx54n4rsf5zkzkpfx3mh5qm72drsq4vyauthxkrrqxltu2m
Hi Meknazee, and welcome to #nostr! 🤓
✅ Great, you've already set up your #lightning address! I just ⚡️zapped you some #welcomesats 😊
I can also help people check their #nostr address is working (if they have one). Nostr addresses are not mandatory, but some people like using them to add a personal touch to their profile. Once you've set it up, just post a note including #checkmyaddy and I'll check it again for you. If you like, I can give you one for free at "yourname@minestr.app". Just get in touch! 😊
Made with 💚 by nostr:npub1mlnersd9cup2n3p5xrytccgfa73p4resxe5a2ljq9rez2ancr8usmnu7x8
Thanks so much. My first zapped sats which I will use to zap others in the space! 🫡
I think my npub is on my profile?#checkmyaddy
I’d love one with my username instead though! 🤝🏼
First time using Damus and exploring the free world. What’s the difference between this and Primal?
#introductions
Gold is now a coping mechanism for modern day slavery and government abuse. You’re still a victim, but you feel slightly better about yourself by holding on to your it.
Gold is now a coping mechanism for modern day slavery and government abuse. You’re still a victim, but you feel slightly better about yourself by holding on to your gold.
Life is better when you study Bitcoin.
Focus on your craft.
Stack sats.
Eat steak.
Stay humble.
First day here.
This is so cool.
Cold and heat exposures are beneficial for humans in times like today where we have controlled environments (AC/heat anywhere we go) providing comfort. Lots of studies cite the benefits of 60-120mins a week of heat exposure (~160+ F) and 5-15mins of cold exposure (<55F plunge for example). Huberman covers a lot of science on this topic.