Piecover on Nostr: The Fiat system needs debt to operate, the dollars don't have value because the bank ...

The Fiat system needs debt to operate, the dollars don't have value because the bank create them from nothing without time nor energy but you give dollars value when you borrow them from the bank in promess to work or spend your valuable time and energy to pay them back.
Bitcoin in the other hand is the value in itself because it already took time and energy for them to come out in circulation without a central party.
Bitcoin is harnessing the power of time and energy combining them into a single pair of keys(public and private keys) till the end of time.

Piecover

#Bitcoin #energy #time #information #money #crypto