Chris Porter on Nostr: Bitcoin is winning. I don't mean the price, even though that has gone up 24% in the ...
Bitcoin is winning.
I don't mean the price, even though that has gone up 24% in the last week.
$92,000 per Bitcoin, or as I like to see it, 2,616 Satoshis per dollar, is also not what I am talking about.
Bitcoin is winning because countries like Bhutan, and El Salvador are adopting it.
Bitcoin is winning because governments choose to spend more money than they bring in, and inflate away their deficit.
Bitcoin is winning because people have a choice to move out of the dollar/fiat system. Fiat loosing value (the government backed currency), just makes hard money (Bitcoin) not inside that inflationary system go up.
Gold used to be the only protection against your money being worth less and less every day. But you can't spend gold online. Gold is hard to transport. Hard to secure. Hard to move around.
I am celebrating Bitcoin winning because it means house prices are going down relative to bitcoin. It means providing for my family becomes more affordable over time, instead of unsustainable.
I am celebrating Bitcoin going up, not just because it means I will actually have some retirement money saved up, but because it means there is a whole new financial system being adopted that levels the playing field.
Money does not have to decrease in value every year.
So I am celebrating that money I put aside for my daughter’s education will grow over time, without having to chase investments that earn a 'yeild' trying desperately to outpace inflation.
I am celebrating people not needing permission to open a bank account, or ask someone else if they can move their money. I am celebrating businesses on a bitcoin standard not getting locked out of their bank accounts, or having funds frozen without recourse.
Bitcoin works on weekends, it works on holidays. It works across borders, and in person. It works without asking for permission.
There is another way. It looks different. It seems complex. But once you start to look under the hood, you realize how complex the current money system is, and just how broken it has become.
And that is why an alternative isn't just necessary, it was inevitable.
I am not saying you should buy Bitcoin. I am saying, you should question if inflation is necessary, if money should be worth less every year, and if the current fiat system is broken.
Once you answer that question for yourself, you can decide to look for a solution. For me, that solution is Bitcion.
I don't mean the price, even though that has gone up 24% in the last week.
$92,000 per Bitcoin, or as I like to see it, 2,616 Satoshis per dollar, is also not what I am talking about.
Bitcoin is winning because countries like Bhutan, and El Salvador are adopting it.
Bitcoin is winning because governments choose to spend more money than they bring in, and inflate away their deficit.
Bitcoin is winning because people have a choice to move out of the dollar/fiat system. Fiat loosing value (the government backed currency), just makes hard money (Bitcoin) not inside that inflationary system go up.
Gold used to be the only protection against your money being worth less and less every day. But you can't spend gold online. Gold is hard to transport. Hard to secure. Hard to move around.
I am celebrating Bitcoin winning because it means house prices are going down relative to bitcoin. It means providing for my family becomes more affordable over time, instead of unsustainable.
I am celebrating Bitcoin going up, not just because it means I will actually have some retirement money saved up, but because it means there is a whole new financial system being adopted that levels the playing field.
Money does not have to decrease in value every year.
So I am celebrating that money I put aside for my daughter’s education will grow over time, without having to chase investments that earn a 'yeild' trying desperately to outpace inflation.
I am celebrating people not needing permission to open a bank account, or ask someone else if they can move their money. I am celebrating businesses on a bitcoin standard not getting locked out of their bank accounts, or having funds frozen without recourse.
Bitcoin works on weekends, it works on holidays. It works across borders, and in person. It works without asking for permission.
There is another way. It looks different. It seems complex. But once you start to look under the hood, you realize how complex the current money system is, and just how broken it has become.
And that is why an alternative isn't just necessary, it was inevitable.
I am not saying you should buy Bitcoin. I am saying, you should question if inflation is necessary, if money should be worth less every year, and if the current fiat system is broken.
Once you answer that question for yourself, you can decide to look for a solution. For me, that solution is Bitcion.