“Show me the incentives and I’ll show you the outcome.”
Gold fails because it doesn’t scale.
History is clear: the inevitable end game of gold is fiat currency.
@elonmusk@CathieDWood Inflation is a vector, and it is clearly evident in an array of products, services, & assets not currently measured by CPI or PCE. #Bitcoin is the most practical solution for a consumer, investor, or corporation seeking inflation protection over the long term.
Despite nocoiners inability to fathom Bitcoin they subconsciously identify it as a representation of some form of sustenance.
They are drawn in, confront an incongruent reality, angrily spiral out of control, dash themselves against Bitcoin — and are hashed into the timechain.
$100K. Soon.
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When we cannot record the value of work, work loses value. Bitcoin fixes this by ensuring it is directly observable.
With POW we reestablish an authentic relationship between human time & energy.
Bitcoin stands alone as a verifiable representation of this thermodynamic truth.