FF2K on Nostr: My December 2020 final Christmas gift to my adult Nieces and nephews. Dear nieces and ...
My December 2020 final Christmas gift to my adult Nieces and nephews.
Dear nieces and nephews,
You are all adults now. Aunt Dxxx and I have been gift giving your entire lives. Some 30 years, some 18 years. This year will be the final year, we are all adults. But I am going to give you the most precious gift I ever gave you, two very scarce things, my time and some bitcoin.
Over the last three years, I’ve probably been a little excessive with my group texts talking about the economy, government and money/bitcoin. I do not apologize, I feel the economy is a sham, our government is inept and our money is being debased by both.
I feel what gave me my opportunities in life was an early start and saving what I earned. I spent tons of time in my 20’s learning about stocks, options, bonds and other investments. I realized inflation was real and I needed to educate myself or trust someone else to safeguard, grow and protect my hard earned savings.
I’ve seen the government offer loans to people who shouldn’t get them in an attempt to stimulate financial activity, it has always ended in a collective bailout.
Housing crisis of 2008 robbed your generation of cheap housing. In lieu of the banks and the borrowers taking the hit they should have, the government bailed them out and housing prices just kept rising. This has also happened with college, the government gives loans to kids to go to school to get lectured at and party, they will bail them out also. But they are not bailing out anyone, because your government does not produce anything, they don’t add to the economic production, they only produce debts and liabilities in excess of the taxes we give them. They will continue down this road until they can’t convince the central bank to buy our bonds/debt. We need to seperate money and state.,So the option to function on debt(our future production) is not available.
3 years ago, I learned about a software project called Bitcoin(upper case B), it’s basically a distributed accounting system that has and emits it’s own native currency called bitcoins(lower case b)
It has a monetary policy that is written in software code that can’t be changed unless the majority (consensus) of the users run new software. Basically, it’s opt in, money you can’t fuck with. Hard Money!!!
Right now bitcoins are a nascent speculative asset, the total market capitalization is less than 425 billion. That’s 1/5 of Apple computer. It’s competing globally as a store of value for anyone with a smart phone. Anyone can hold bitcoins, you don’t need a bank or a 3rd party, you can spend your bitcoins on anything you want 24/7.
Learning about Bitcoin and interacting with it is easy. It’s fun to imagine what will be built on top of this protocol. They call it a truth machine because it’s an immutable ledger that is synchronizing with millions of computers globally every 10 minutes. Everyone’s software reviews and validates all transactions. Checking balances and keeping the score. The Bitcoin network survives on free market incentives. The government nor anyone forces you to use it or interact. Learning about it is like peeling an onion, many layers.
If anything I have said above resonates with you call me or text me and I’d live to discuss. If you are interested in owning some bitcoins to store, protect and save for your future self, I’ve enclosed an fresh Opendime. An Opendime is a bitcoin wallet, it allows you to generate a public address and a private key to later sweep the funds. The device is activated when you plug it into a USB and then load some data on like pictures, the data is used to produce a random public key/private key pair. The public key is like your bank account. Your private key is what allows you to sweep the funds from the account to somewhere else(friend, store, exchange) this device is not intended to be your wallet because you will eventually need to sweep all the funds somewhere else but you can store bitcoins on it. Here is a link to their site to learn more about it.
If you want your final gift activate the Opendime and send me your public key, I will prorate the amount I send you based on your age, the youngest getting the most and the oldest getting the least.
If you don’t want to partake, that’s ok also, just send me back the Opendime and case I made and I will Venmo you $100
Love your Uncle and Aunt
Dear nieces and nephews,
You are all adults now. Aunt Dxxx and I have been gift giving your entire lives. Some 30 years, some 18 years. This year will be the final year, we are all adults. But I am going to give you the most precious gift I ever gave you, two very scarce things, my time and some bitcoin.
Over the last three years, I’ve probably been a little excessive with my group texts talking about the economy, government and money/bitcoin. I do not apologize, I feel the economy is a sham, our government is inept and our money is being debased by both.
I feel what gave me my opportunities in life was an early start and saving what I earned. I spent tons of time in my 20’s learning about stocks, options, bonds and other investments. I realized inflation was real and I needed to educate myself or trust someone else to safeguard, grow and protect my hard earned savings.
I’ve seen the government offer loans to people who shouldn’t get them in an attempt to stimulate financial activity, it has always ended in a collective bailout.
Housing crisis of 2008 robbed your generation of cheap housing. In lieu of the banks and the borrowers taking the hit they should have, the government bailed them out and housing prices just kept rising. This has also happened with college, the government gives loans to kids to go to school to get lectured at and party, they will bail them out also. But they are not bailing out anyone, because your government does not produce anything, they don’t add to the economic production, they only produce debts and liabilities in excess of the taxes we give them. They will continue down this road until they can’t convince the central bank to buy our bonds/debt. We need to seperate money and state.,So the option to function on debt(our future production) is not available.
3 years ago, I learned about a software project called Bitcoin(upper case B), it’s basically a distributed accounting system that has and emits it’s own native currency called bitcoins(lower case b)
It has a monetary policy that is written in software code that can’t be changed unless the majority (consensus) of the users run new software. Basically, it’s opt in, money you can’t fuck with. Hard Money!!!
Right now bitcoins are a nascent speculative asset, the total market capitalization is less than 425 billion. That’s 1/5 of Apple computer. It’s competing globally as a store of value for anyone with a smart phone. Anyone can hold bitcoins, you don’t need a bank or a 3rd party, you can spend your bitcoins on anything you want 24/7.
Learning about Bitcoin and interacting with it is easy. It’s fun to imagine what will be built on top of this protocol. They call it a truth machine because it’s an immutable ledger that is synchronizing with millions of computers globally every 10 minutes. Everyone’s software reviews and validates all transactions. Checking balances and keeping the score. The Bitcoin network survives on free market incentives. The government nor anyone forces you to use it or interact. Learning about it is like peeling an onion, many layers.
If anything I have said above resonates with you call me or text me and I’d live to discuss. If you are interested in owning some bitcoins to store, protect and save for your future self, I’ve enclosed an fresh Opendime. An Opendime is a bitcoin wallet, it allows you to generate a public address and a private key to later sweep the funds. The device is activated when you plug it into a USB and then load some data on like pictures, the data is used to produce a random public key/private key pair. The public key is like your bank account. Your private key is what allows you to sweep the funds from the account to somewhere else(friend, store, exchange) this device is not intended to be your wallet because you will eventually need to sweep all the funds somewhere else but you can store bitcoins on it. Here is a link to their site to learn more about it.
If you want your final gift activate the Opendime and send me your public key, I will prorate the amount I send you based on your age, the youngest getting the most and the oldest getting the least.
If you don’t want to partake, that’s ok also, just send me back the Opendime and case I made and I will Venmo you $100
Love your Uncle and Aunt