SpaceBrotherSupreme on Nostr: If you’ve recently joined NOSTR you should know that this isn’t just another ...
If you’ve recently joined NOSTR you should know that this isn’t just another social network, you have taken up residence in an entire new world running on $Bitcoin.
You work hard for your dollars, but have you ever stopped to think about what those dollars really represent? Every time the money printer goes "brrr," your savings lose value. Meanwhile, those same freshly printed dollars fund endless military operations across the world, currently the U.S. is funding Ukraine & Israel in their military endeavors tens of trillions of dollars at a time.
Bitcoin hits different my brother! It's got a hard cap of 21 million coins - no money printer, no inflation tax, no funding wars you never asked for. Pure mathematical scarcity. While the dollar has lost over 97% of its purchasing power since 1913, Bitcoin's fixed supply means number go up long-term as adoption grows over time.
Bitcoin isn't perfect, it like anything has it’s drawbacks. For example at times the volatility can be brutal. You might see your coins drop 30-40% in value during the most volatile of times. Transaction fees can spike during bull runs. And yeah, there's always the risk of getting hacked or losing your keys if you're not careful with security.
People love to bring up the fact that in its earlier years Bitcoin was widely used for the financing of illegal activities on Silk Road, along with various Ponzi schemes and other scams which rocked cryptocurrency markets, however this argument is nonsense due to the existence of fiat currency.
Now let's talk about the biggest financial scams in history. Bernie Madoff ran the largest Ponzi scheme ever recorded, stealing about $64.8 billion through good old-fashioned dollar fraud. The 2008 mortgage crisis? Trillions in dollar-denominated fake assets. Enron's accounting fraud? $74 billion gone, all in USD. All these massive frauds went down using the "trusted" banking system and fiat currency.
This isn't about getting rich quick, Bitcoin is about protecting your economic sovereignty in a world where central banks and corporations play games with your wealth.
For the first time in history, we have the option to store our value in a system that can't be controlled, thus it cannot be used as a device to control us.
Always stack sats responsibly!⚡️
#bitcoin #nostr
You work hard for your dollars, but have you ever stopped to think about what those dollars really represent? Every time the money printer goes "brrr," your savings lose value. Meanwhile, those same freshly printed dollars fund endless military operations across the world, currently the U.S. is funding Ukraine & Israel in their military endeavors tens of trillions of dollars at a time.
Bitcoin hits different my brother! It's got a hard cap of 21 million coins - no money printer, no inflation tax, no funding wars you never asked for. Pure mathematical scarcity. While the dollar has lost over 97% of its purchasing power since 1913, Bitcoin's fixed supply means number go up long-term as adoption grows over time.
Bitcoin isn't perfect, it like anything has it’s drawbacks. For example at times the volatility can be brutal. You might see your coins drop 30-40% in value during the most volatile of times. Transaction fees can spike during bull runs. And yeah, there's always the risk of getting hacked or losing your keys if you're not careful with security.
People love to bring up the fact that in its earlier years Bitcoin was widely used for the financing of illegal activities on Silk Road, along with various Ponzi schemes and other scams which rocked cryptocurrency markets, however this argument is nonsense due to the existence of fiat currency.
Now let's talk about the biggest financial scams in history. Bernie Madoff ran the largest Ponzi scheme ever recorded, stealing about $64.8 billion through good old-fashioned dollar fraud. The 2008 mortgage crisis? Trillions in dollar-denominated fake assets. Enron's accounting fraud? $74 billion gone, all in USD. All these massive frauds went down using the "trusted" banking system and fiat currency.
This isn't about getting rich quick, Bitcoin is about protecting your economic sovereignty in a world where central banks and corporations play games with your wealth.
For the first time in history, we have the option to store our value in a system that can't be controlled, thus it cannot be used as a device to control us.
Always stack sats responsibly!⚡️
#bitcoin #nostr