bitcoinpoorguy on Nostr: Hey #nostr iches, here’s my 28th #bitcoin educational video for my local community, ...
Hey #nostr iches, here’s my 28th #bitcoin educational video for my local community,
please support my work🙏🙏🙏
https://www.youtube.com/watch?v=IdRICMve2PQ
Can Bitcoin Solve the Wealth Gap? 💰📉
In the last episode, we talked about why the rich keep getting richer 💵📈, making the poor even poorer 💸, widening the wealth gap and causing various social problems.
Today, I want to explore how Bitcoin 🟠 can offer a solution.
First off, I’m not advocating communism ☭ or equal wealth distribution. Instead, we need a fair financial system ⚖️ where wealth is based on real contributions 💡 and innovation 🚀, not just financial tricks.
When a small group controls money 🏦, they monopolize resources and exploit others. Inflation 📊 worsens this: as more money gets printed, asset prices soar, and the wealthy buy even more 🏠📈. Those without assets are left behind, struggling to catch up. If too many people focus on financial speculation instead of real industries 🏭🔬, society suffers.
Bitcoin is different. Its supply is capped at 21 million ⛏️, ensuring purchasing power isn’t diluted by inflation. Holding 1 Bitcoin always means owning 1/21 millionth of the total supply.
You might ask, "So, isn’t it great for those who bought Bitcoin 10 years ago?" ✅ Yes! That’s why buying now still puts you ahead of those who buy 10 years later. We don’t have a time machine ⏳, but we can still prepare for the future.
Bitcoin runs on Proof-of-Work 🔥, meaning every Bitcoin must be earned through energy ⚡ or real value creation 🌍—not manipulation. Even "whales" 🐋 must pay mining costs or take early investment risks; they can’t just print more Bitcoin like fiat money.
This system ensures fairer competition 🏆. Those who don’t keep contributing will gradually lose wealth over time, while value creators see their share grow. This prevents the wealth gap from endlessly expanding.
The key issue isn’t just the current wealth gap—it’s about the long-term system trend 📈🔄.
In conclusion, Bitcoin is a fairer system powered by effort and innovation 💪. It stops the rich from accumulating wealth just by being close to the money printer 🖨️💵. Instead, those who don’t create value for society will gradually lose wealth, leading to a more balanced distribution of resources and a meaningful impact on reducing wealth inequality 🌍✨.
please support my work🙏🙏🙏
https://www.youtube.com/watch?v=IdRICMve2PQ
Can Bitcoin Solve the Wealth Gap? 💰📉
In the last episode, we talked about why the rich keep getting richer 💵📈, making the poor even poorer 💸, widening the wealth gap and causing various social problems.
Today, I want to explore how Bitcoin 🟠 can offer a solution.
First off, I’m not advocating communism ☭ or equal wealth distribution. Instead, we need a fair financial system ⚖️ where wealth is based on real contributions 💡 and innovation 🚀, not just financial tricks.
When a small group controls money 🏦, they monopolize resources and exploit others. Inflation 📊 worsens this: as more money gets printed, asset prices soar, and the wealthy buy even more 🏠📈. Those without assets are left behind, struggling to catch up. If too many people focus on financial speculation instead of real industries 🏭🔬, society suffers.
Bitcoin is different. Its supply is capped at 21 million ⛏️, ensuring purchasing power isn’t diluted by inflation. Holding 1 Bitcoin always means owning 1/21 millionth of the total supply.
You might ask, "So, isn’t it great for those who bought Bitcoin 10 years ago?" ✅ Yes! That’s why buying now still puts you ahead of those who buy 10 years later. We don’t have a time machine ⏳, but we can still prepare for the future.
Bitcoin runs on Proof-of-Work 🔥, meaning every Bitcoin must be earned through energy ⚡ or real value creation 🌍—not manipulation. Even "whales" 🐋 must pay mining costs or take early investment risks; they can’t just print more Bitcoin like fiat money.
This system ensures fairer competition 🏆. Those who don’t keep contributing will gradually lose wealth over time, while value creators see their share grow. This prevents the wealth gap from endlessly expanding.
The key issue isn’t just the current wealth gap—it’s about the long-term system trend 📈🔄.
In conclusion, Bitcoin is a fairer system powered by effort and innovation 💪. It stops the rich from accumulating wealth just by being close to the money printer 🖨️💵. Instead, those who don’t create value for society will gradually lose wealth, leading to a more balanced distribution of resources and a meaningful impact on reducing wealth inequality 🌍✨.