ben on Nostr: [Character limit test] Bitcoin is the best financial asset in human history and I’m ...
[Character limit test]
Bitcoin is the best financial asset in human history and I’m tired of holding my tongue about it.
I don’t even beat around the bush anymore when I’m asked about it. This thing had an immaculate conception that can not be replicated again today; nor anytime in the future.
- Verifiable, finite supply
- Indestructible with 0 maintenance cost
- 10 minutes (on average) finality + Instant finality on upper layers
- A decentralised “baby-behemoth” still in infancy currently growing into the dominant store of value
- An inevitable medium of exchange, coming after adoption as a global SoV
- The future measuring stick AKA Unit of Account
- A key to learning about the flaws in fiat money, real estate as a SoV and the current financial systems failures as a whole
- Unable to be confiscated
- Has 0 competition in the physical realm
- Has 0 competition in cyberspace
- An entirely new energy industry securing the network
- Unchangeable, set in stone predictable monetary policy
And much more.
An Austrian economist and cypherpunk dream brought into reality on this day in 2009, 14 years old now. We are incredibly lucky to witness it and be aware of its sound money properties long before the masses even begin to catch wind of what is transpiring.
It’s a blessing to float around $20k for so long.
Bitcoin is the best financial asset in human history and I’m tired of holding my tongue about it.
I don’t even beat around the bush anymore when I’m asked about it. This thing had an immaculate conception that can not be replicated again today; nor anytime in the future.
- Verifiable, finite supply
- Indestructible with 0 maintenance cost
- 10 minutes (on average) finality + Instant finality on upper layers
- A decentralised “baby-behemoth” still in infancy currently growing into the dominant store of value
- An inevitable medium of exchange, coming after adoption as a global SoV
- The future measuring stick AKA Unit of Account
- A key to learning about the flaws in fiat money, real estate as a SoV and the current financial systems failures as a whole
- Unable to be confiscated
- Has 0 competition in the physical realm
- Has 0 competition in cyberspace
- An entirely new energy industry securing the network
- Unchangeable, set in stone predictable monetary policy
And much more.
An Austrian economist and cypherpunk dream brought into reality on this day in 2009, 14 years old now. We are incredibly lucky to witness it and be aware of its sound money properties long before the masses even begin to catch wind of what is transpiring.
It’s a blessing to float around $20k for so long.