teachin_bitcoin on Nostr: ...
Dad: Son, today I learned two things:
1. The "Federal Reserve" is not federal, and
2. The "Federal Reserve" has no reserves.
Son: Hi Dad,
Mind-blowing, isn't it?
Fascinating that they still buy it.
Dad: The dollar? They?
Son: Yes, it is fascinating that so many people still buy and hold dollars.In contrast to the dollar, Bitcoin is a full reserve banking system, which is not federal either.This is good for Bitcoin.So, you better buy and hold some BTC instead of USD.
#Bitcoin
Published at
2024-09-11 06:28:39Event JSON
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