fitpaula3 on Nostr: Bitcoin Made Simple: 1. Money vs. Currency: 🥇 Money: A medium of exchange, unit of ...
Bitcoin Made Simple:
1. Money vs. Currency:
🥇 Money: A medium of exchange, unit of account, and store of value (e.g., Bitcoin, Gold).
💰 Currency: A medium of exchange but not a reliable store of value (e.g., fiat currencies, shells, cigarettes).
2. The Federal Reserve:
The Federal Reserve, a private entity created in 1913 by elites, manages monetary policy to “stabilize” the economy.
⛪️ The Fed and governments endlessly print money, causing inflation—an intentional theft that enriches the wealthy and insiders with first access, while stealing from the middle and lower class.
3. Bitcoin:
🔑 Bitcoin is decentralized, secure, and finite (21M supply). It fixes inflation by ensuring no one can print more, protecting wealth for all, not just the elite.
1. Money vs. Currency:
🥇 Money: A medium of exchange, unit of account, and store of value (e.g., Bitcoin, Gold).
💰 Currency: A medium of exchange but not a reliable store of value (e.g., fiat currencies, shells, cigarettes).
2. The Federal Reserve:
The Federal Reserve, a private entity created in 1913 by elites, manages monetary policy to “stabilize” the economy.
⛪️ The Fed and governments endlessly print money, causing inflation—an intentional theft that enriches the wealthy and insiders with first access, while stealing from the middle and lower class.
3. Bitcoin:
🔑 Bitcoin is decentralized, secure, and finite (21M supply). It fixes inflation by ensuring no one can print more, protecting wealth for all, not just the elite.