The price of goods and services isn't rising because of corporate greed
It's because the dollar is losing value
No matter how hard you work, you will never keep up with dollar devaluation unless you buy "assets"
You are forced to buy houses and stocks to MAINTAIN your purchasing power
Everyone who doesn't buy houses and stocks is left behind with less food, a smaller living space, and a lower quality of life
You're not broke because you're buying avocado toast and coffee every day
You're broke because your government is making you broke
Saving in #Bitcoin fixes this
Most people can't afford to buy a house to save their wealth
But anyone can buy any amount of Bitcoin and save for the future
Bitcoin isn't just another asset
It's a completely SEPARATE monetary system that challenges the way things work today
KOBE BRYANT’S 10 RULES
1. Get better every single day
2. Prove them wrong
3. Work on your weaknesses
4. Execute what you practiced
5. Learn from greatness
6. Learn from wins and losses
7. Practice mindfulness
8. Be ambitious
9. Believe in your team
10. Learn storytelling
Imagine the terror nocoiners are going through: Every night they go to bed knowing they could wake up to find all their money gone because of fiat things they don't understand. No bond, bank, stock or commodity contract is safe from getting rekt for an endless variety of reasons
Why does the world need #Bitcoin?
GPT-4: While it's a matter of perspective whether the world "needs" Bitcoin, there are several reasons why Bitcoin and other cryptocurrencies have gained popularity and are seen as valuable by many people:
1. Decentralization: Bitcoin operates on a decentralized network, meaning that no single entity, such as a government or financial institution, can control it. This decentralization can provide more freedom, autonomy, and resistance to censorship or manipulation.
2. Financial inclusion: Bitcoin can provide access to financial services for individuals who are unbanked or underbanked, particularly in regions where traditional banking infrastructure is limited or unavailable. With a smartphone and internet access, anyone can use Bitcoin for transactions, remittances, and storing value.
3. Lower transaction fees: Bitcoin transactions can have lower fees compared to traditional financial services, especially for cross-border transactions. This can benefit both consumers and businesses by reducing costs associated with international transfers.
4. Transparency and security: Bitcoin transactions are recorded on a public, tamper-resistant ledger called the blockchain. This provides transparency and security, as transactions can be easily verified and traced, reducing the risk of fraud and corruption.
5. Limited supply and inflation resistance: Bitcoin has a capped supply of 21 million coins, making it a deflationary currency. This limit reduces the risk of inflation, which can erode the purchasing power of traditional currencies over time.
6. Privacy: While not fully anonymous, Bitcoin offers a greater degree of privacy compared to traditional financial transactions, as transactions are only linked to a public address rather than personal information.
7. Investment and diversification: Many people view Bitcoin as a valuable investment and a way to diversify their financial portfolios. As a digital asset, Bitcoin has shown the potential for significant growth in value over time, although it's essential to note that it also carries risks and volatility.
8. Programmable money: Bitcoin and other cryptocurrencies enable programmable money through smart contracts, which can automate and streamline various financial processes and transactions, leading to increased efficiency and new business models.
It's important to note that Bitcoin and other cryptocurrencies also have their drawbacks, such as volatility, scalability issues, and energy consumption. The perceived need for Bitcoin can vary depending on individual perspectives, financial situations, and regional circumstances.
Here’s a personal account of how digital ID / central bank digital currencies / social credit systems operate in China.
Central banks and governments are nudging us towards this. We cannot let this happen. Wake up before it’s too late.
https://t.co/dOMpCXWiLs
@WallStreetSilv So you think anyone that was sponsored by FTX should be ostracized from social media? LOL Pretty sure there are more bigger names than those two about pumping FTT..
Alberta now has a bitcoiner as Premier.
Over the last 5~ years, @francispouliot_, @BTCsessions, @adamobrien and I have all been on her radio show to talk about #bitcoin.
Low taxes.
Plentiful natural gas.
Capitalism.
#Alberta is THE place to be for a bitcoin company.
@alexoncrypto The way I look at it is that it just gives me more time to accumulate cash to invest later. I’m glad we have these prices and I hope it lasts a couple years so that I can finish paying off my student loans and actually invest more
Twitter can be the most powerful platform in the world.
But 98% of people aren't using it right.
Here's 1 feature you've never heard of that will 10x your creativity: