ShortSimon on Nostr: Bitcoin is money that you can own. You can hold it on your own person wherever you go ...
Bitcoin is money that you can own.
You can hold it on your own person wherever you go and you hold securely in a way that nobody can see that you have it. Robbers or governments can search your house for gold.
If you hold your bitcoin securely, then they can’t take it.
This facility has never existed before in history. There has never been a form of money that you really own for yourself without relying on a bank or a legal system to protect your ownership.
In the past many people have resorted to storing their gold in a bank vault. The problem with that is the fact that the bank can be robbed by people with guns. Bank alarm systems are much more sophisticated than they have been in the past so they now rarely get robbed. Though some would argue that the bank robbers have become more sophisticated. They have in fact taken over the government and they are slowly and quietly robbing us of our savings in way most people cannot see.
Bitcoin doesn't require a third party to store it securely.
Bitcoin doesn't require armed guards to securely transfer it to someone else.
You can hold it on your own person wherever you go and you hold securely in a way that nobody can see that you have it. Robbers or governments can search your house for gold.
If you hold your bitcoin securely, then they can’t take it.
This facility has never existed before in history. There has never been a form of money that you really own for yourself without relying on a bank or a legal system to protect your ownership.
In the past many people have resorted to storing their gold in a bank vault. The problem with that is the fact that the bank can be robbed by people with guns. Bank alarm systems are much more sophisticated than they have been in the past so they now rarely get robbed. Though some would argue that the bank robbers have become more sophisticated. They have in fact taken over the government and they are slowly and quietly robbing us of our savings in way most people cannot see.
Bitcoin doesn't require a third party to store it securely.
Bitcoin doesn't require armed guards to securely transfer it to someone else.