travkohn on Nostr: I know my Bitcoin will increase in value because it is capped at 21million and the ...
I know my Bitcoin will increase in value because it is capped at 21million and the supply of everything else is going up.
☑️ I can confidently say that in 5 years my Bitcoin will allow me to have more purchasing power.
☑️ So there is an incentive built into Bitcoin markets, because for me to give up my Bitcoin I have to be buying something that I think is highly valuable.
☑️ By moving into this new monetary system where we can save for the long term and appreciate our purchasing power, it signals to producers that hey, you better produce something valuable to receive Bitcoin.
☑️ This is a massive benefit for the new system because only valuable things are going to succeed in this market.
☑️ I know I can buy more things later if I don't buy them now. That is the exact opposite of our current monetary system. US Dollars are going to be worth less, so I am actually incentivized to spend it now and as a builder, I am incentivized to not give the best value.
#Bitcoin #Inflation #Fiat #Time #Energy #GrowNostr
☑️ I can confidently say that in 5 years my Bitcoin will allow me to have more purchasing power.
☑️ So there is an incentive built into Bitcoin markets, because for me to give up my Bitcoin I have to be buying something that I think is highly valuable.
☑️ By moving into this new monetary system where we can save for the long term and appreciate our purchasing power, it signals to producers that hey, you better produce something valuable to receive Bitcoin.
☑️ This is a massive benefit for the new system because only valuable things are going to succeed in this market.
☑️ I know I can buy more things later if I don't buy them now. That is the exact opposite of our current monetary system. US Dollars are going to be worth less, so I am actually incentivized to spend it now and as a builder, I am incentivized to not give the best value.
#Bitcoin #Inflation #Fiat #Time #Energy #GrowNostr