January 3, 2009: Block Zero. First 50 BTC: unspendable.
Six days of silence. One sentence. Bitcoin went live.
Hal Finney gets 10 BTC. No bank. It worked.
17 years. 938,000 blocks. 99.98% uptime.
Banks needed saving. Bitcoin needed nothing.
#Bitcoin#BlockZero#FinancialHistory
1.3B unbanked. $59B lost in fees. 23% of currencies survive.
Weimar: $1 = 1 trillion marks. Zimbabwe: doubled every 24 hrs. Dollar: 88% gone.
The fox guards the henhouse.
Bitcoin is the protocol the world has been waiting for.
#Bitcoin#FinancialInclusion#HardMoney
The Fed printed $14.5T after 2008. It entered through elite banks.
S&P 500: +941%. Real wages: +13% total. Over 17 years.
Top 1% captured 91% of all recovery gains.
Bernanke said this was the plan.
Bitcoin has no printer. 21M. Fixed. Forever.
#Bitcoin#Money#FinancialEducation
In 2008, Banks bet $3.2T on bad debt. It collapsed.
8.7M jobs gone. 6M homes lost. Banks got $443B.
Bottom 93% lost wealth. Top 7% gained 28%.
On Jan 3, 2009 Satoshi replied: 21M. Fixed. Forever.
#Bitcoin#Money#FinancialEducation
The financial advisors act as firefighters.
Advisors fight the slow burn of inflation.
With fiat, you earn your money twice. Once at work. Once investing just to keep it.
Bitcoin fixes this. 21 million. Fixed. Forever.
#Bitcoin#Money#FinancialEducation
Sound money made you richer while you slept.
Prices fell 30% from 1880 to 1896. Incomes rose 85%.
Governments abandoned it in 1971. The dollar lost 99% against gold since.
Bitcoin brought it back. 21 million. Fixed in code. Forever.
#Bitcoin#Money#FinancialEducation
New money enters at one point. Banks first. You last.
Since 1990: money supply 7x. Top 0.1% wealth: 14x. Bottom 50%: 6x.
Their share was diluted to fund the top. Every time.
Bitcoin has no spigot. Just a clock. Same for everyone.
#Bitcoin#Money#FinancialEducation
Holding cash is the most predictable way to lose money.
Rule of 72: divide 72 by inflation.
That's how long until your money halves.
At 4.8%: 15 years. At 8% (2022): 9 years.
The number never changes. What it buys does.
#Bitcoin#Money#FinancialEducation
New money is created at the top.
You get it last, after prices have already risen.
$50,000 salary today is $25,000 purchasing power in 20 years.
Inflation doesn't feel like a tax.
That's why it's the perfect one.
#Bitcoin#Money#FinancialEducation
The US Dollar is the world's most successful export.
Washington prints. Nigeria pays. Turkey pays. Lebanon pays.
It's called Exorbitant Privilege.
Taxation without representation. On a global scale.
Bitcoin treats every human equally.
#Bitcoin#Money#FinancialEducation
Everything you learned about money in school is wrong.
Bank of England admitted it in 2014.
Banks don't lend your deposits.
The act of lending creates the deposit.
Every $ in existence is someone's debt.
Bitcoin is the first money that isn't.
#Bitcoin#Money#FinancialEducation
Fiat is a leaky bucket.
$100 in 1971 is worth $14 today.
That's not an economic cycle.
That's a policy choice.
The loop: debt → print → inflate → more debt.
Bitcoin breaks the loop. 21 million. Forever.
#Bitcoin#Money#FinancialEducation
Fiat. Latin for "let it be done."
Your money is valuable because someone said so.
When they stop saying it, ask Argentina how that goes.
Bitcoin needs no one to say anything. 21 million. Forever.
#Bitcoin#Money#FinancialEducation
In 1974, the US cut a secret deal with Saudi Arabia.
Spend dollars. Get oil.
Gold was dead. Oil was the new anchor.
50 years later, Bitcoin answers back. No deal needed.
#Bitcoin#Money#FinancialEducation