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rajatsonifnance / Rajat Soni, CFA
npub13wl…np8z
2024-05-08 20:12:17

rajatsonifnance on Nostr: Wrapping your head around #Bitcoin is hard because we have all grown up in a system ...

Wrapping your head around #Bitcoin    is hard because we have all grown up in a system that uses fake money.

It's normal for us to see the value of our savings disappear over time.

Today, we're taught that inflation is normal.

In fact, some people claim that inflation is a GOOD thing because it forces savers to spend their money.

The reality is inflation is NOT normal.

Prices of goods shouldn't be going up constantly.

Technological innovation leads to lower prices and higher-quality goods over time.

The current financial system would collapse if prices started dropping, so central banks print money to ensure that we don't go into a deflationary period (this is when prices drop).

On top of this, governments continue to go further into debt to push political agendas.

The system isn't broken; it's working exactly as intended.

The average person is meant to be a slave to the elite.

Bitcoin fixes this by creating a new financial system and providing a way to transact WITHOUT banks.

The future is bright when you study Bitcoin.
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npub13wl6gy2kp02zafh6vr8jfh58mzxxeza7as5mmx325xyq9x4z9rxqgpnp8z