Fact check
Bitcoin, a deflationary force ->
All other assets return to their fundamental nature.
Deflation forever.
#Bitcoin #Hope
I think I finally understand Bitcoin.
It's a silent project that operates in the background.
There's no face to it. The founders created it and walked away. It's like an elegant clock set into motion that continues to tick.
There's no promise of some complex protocol to come 3, 5, or 10 years down the road. It does what it's supposed to now without self promotion from the founders. Since it doesn't need self promotion to thrive, it doesn't fall victim to the vices of marketing from greedy, charismatic leaders, with overly complex projects.
Sure, there's Saylor and Novogratz that sometimes fall into that role. But bitcoin doesn't need them to survive and won't need them when they die. The project works now. It does what it's supposed to and it'll continue to do what it's supposed to.
It's the money of the future of our science fiction novels. There's no Krypto Kris marketing shitty debit cards.
There's no Do Kwon doing a Forbes, Steve Jobs photo shoot with a black t-shirt and a white background. There's no J Powell magically expanding the money supply with a cobol fueled wand, creating a 9 trillion USD balance sheet out of thin air.
BTC takes out the corruption of humans, because the humans that created it stepped away. Sure, people will build corrupt systems around it, but BTC itself is a simple, pure, and elegant vehicle silently ticking away in the background until the ticking becomes so loud that no one can ignore it.
#Bitcoin #Hope
#[2]
Using it via API sems to help/uncensor https://minimaxir.com/2023/03/new-chatgpt-overlord/
Why did the bank robber give the money back?
He realized the bank was already lending out more than they had 🤡
Why did the banker rob the bank?
He was just trying to get his own money back 🤪
I only wonder... when, not if...
What's your guess?
Future News 📰🔮
Statement from the Federal Reserve:
The Federal Reserve Board has decided to adopt a new inflation target of 5%. This decision was made after careful consideration of current economic conditions and the needs of the American people.
We believe that a moderate level of inflation is good for the average person. It encourages spending and investment, which in turn stimulates economic growth and job creation. It also helps to reduce the burden of debt on households and businesses.
We understand that some may be concerned about the impact of inflation on their savings and investments. However, we want to emphasize that this target is not intended to harm anyone. In fact, we believe that it will primarily affect those who can afford it the most.
The rich tend to have a higher percentage of their wealth tied up in assets such as real estate and stocks. Inflation can erode the value of these assets over time, which could lead to a decrease in their overall net worth. However, for the average person who relies on wages and salaries for income, inflation can actually be a benefit. It can lead to higher wages and more job opportunities, which can improve their standard of living.
We will continue to monitor economic conditions closely and adjust our policies as necessary to ensure that we meet our mandate of promoting maximum employment and stable prices. We believe that this new inflation target is a step in the right direction and will help to support a strong and vibrant economy for all Americans.
🤡🌎
Yes, we are early AF. Once someone has understood the value propositions of Bitcoin it's mind blowing. I always try to explain my friends that it feels like buying a Porsche for $100. Everyone knows that such a car has a higher value and would buy as many cars as he can and wait patiently for the other market participants to realise it too. And he won't give a shit about what Newspapers write about why the price goes lower etc. Once you know, you know.
"#Bitcoin taught me that it won't change. I will." #[1]
If you want individual sovereignty, justice and uncensorable, unconfiscatable wealth, then there's only one way - and that's #Bitcoin
What if we create something like a public Trello board where anyone could add their ideas or feature requests? Once posted, users could vote on their favorite ideas by zapping them. If a developer decides to implement a request, they could receive 95% of the zaps, and the idea creator could get the remaining 5%. This way, we could work together as a community to bring new ideas to life. What do you think? 🤔 #Collaboration #Crowdsourcing #IdeaGeneration"
You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time. #Bitcoin
A post from 2040 🔮
Do you remember that feeling, as the flames melted our passports?
They thought their bullshit would last forever.
I show the little ones Monopoly, but they don't understand it.
#Bitcoin #Hope