Joel on Nostr: #Bitcoin's supply is programmatically capped at 21M—making it the hardest money to ...
#Bitcoin's supply is programmatically capped at 21M—making it the hardest money to ever exist.
Its attributes fundamentally alter the course of humanity—Declaration of Independence 2.0, but this time for the entire world.
Here are 21 reasons every political figure and public servant should embrace it today:
1) open and inclusive to EVERYONE
2) requires no trusted third-party to transact
3) immutable with a fixed supply and issuance schedule
4) unconfiscatable bearer asset that ensures property rights, and human rights for the entire planet
5) separates money from state mismanagement
6) obsoletes banks and point of sale fees
7) creates a sound money foundation with 2nd and 3rd layer transactional layers moving at the speed of light and allows for the integration of universal value transfer into everything
8) open-source, consensus-based money
9) allows for self-custody and freedom from counterparty risk
10) allows you to be your own bank
11) is purer, harder, better money than anything that has ever existed
12) is able to protect value through time and space
13) a commodity not controlled by boards, entities or CEOs
14) tethers value from the physical world to the digital through proof of work
15) stabilizes power grids and incentivizes use of wasted and stranded energy
16) removes a host of trust-based traditional opportunities for corruption—takes people out of the loop and just them on the loop
17) available 24/7, 365
18) allows for reduced friction in payments opening instant micropayments to services and creators
19) a hedge against inflation and systemic collapse
20) forces the issue of transactional fairness and allows for undistorted markets and price signals
21) fixes the money and fixes the world—reducing a host of systemic societal problems downstream of bad monetary policy.
🧡🌎
Its attributes fundamentally alter the course of humanity—Declaration of Independence 2.0, but this time for the entire world.
Here are 21 reasons every political figure and public servant should embrace it today:
1) open and inclusive to EVERYONE
2) requires no trusted third-party to transact
3) immutable with a fixed supply and issuance schedule
4) unconfiscatable bearer asset that ensures property rights, and human rights for the entire planet
5) separates money from state mismanagement
6) obsoletes banks and point of sale fees
7) creates a sound money foundation with 2nd and 3rd layer transactional layers moving at the speed of light and allows for the integration of universal value transfer into everything
8) open-source, consensus-based money
9) allows for self-custody and freedom from counterparty risk
10) allows you to be your own bank
11) is purer, harder, better money than anything that has ever existed
12) is able to protect value through time and space
13) a commodity not controlled by boards, entities or CEOs
14) tethers value from the physical world to the digital through proof of work
15) stabilizes power grids and incentivizes use of wasted and stranded energy
16) removes a host of trust-based traditional opportunities for corruption—takes people out of the loop and just them on the loop
17) available 24/7, 365
18) allows for reduced friction in payments opening instant micropayments to services and creators
19) a hedge against inflation and systemic collapse
20) forces the issue of transactional fairness and allows for undistorted markets and price signals
21) fixes the money and fixes the world—reducing a host of systemic societal problems downstream of bad monetary policy.
🧡🌎