amaluenda on Nostr: Fiat currency is deceptive. A $20 bill by itself doesn't tell you much about its ...
Fiat currency is deceptive. A $20 bill by itself doesn't tell you much about its actual value—it's just a number. It’s like saying "20" without knowing what that 20 represents. Is it 20 out of 100? Out of 1,000? Without a stable or reliable denominator, the value of that $20 can change based on inflation or economic conditions, making it hard to trust. Bitcoin, on the other hand, is tied to a fixed supply and a clear system, giving it a more stable and predictable value over time.
Published at
2024-09-25 16:16:36Event JSON
{
"id": "92976477ead7604316b60a6383477ffc130150255b61e3ffe5b7391e9d515754",
"pubkey": "129a80a580a0cb88d5eae9d3924d7bb8a29e0c03ef9fb723091de69c22eaaff8",
"created_at": 1727280996,
"kind": 1,
"tags": [],
"content": "Fiat currency is deceptive. A $20 bill by itself doesn't tell you much about its actual value—it's just a number. It’s like saying \"20\" without knowing what that 20 represents. Is it 20 out of 100? Out of 1,000? Without a stable or reliable denominator, the value of that $20 can change based on inflation or economic conditions, making it hard to trust. Bitcoin, on the other hand, is tied to a fixed supply and a clear system, giving it a more stable and predictable value over time.",
"sig": "d0da43159323e77bf7e0531ba9fc4e68b20883c82cb27581e93d38f37491f95362f6eb1cdb1de81309660876cfe3ac26a4a4551a571dd5a244d64a92d84b6f2d"
}
