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Bitcoin_To_The_Oblivion
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#Bitcoin is the only way out of modern day debt slavery
If any boomer tells you that money is not everything, please read them these lines from the "The Fiat Standard" by @Saifedean Ammous and explain them how hard money (aka #Bitcoin) solves lot of societal issues and bring low time preference in people. #Bitcoin is the only way out of debt slavery
Whenever any politician supports #Bitcoin, you should be very skeptical about him because it's almost impossible to get elected with the principles of #Bitcoin under fiat clown world. #Bitcoin is bottom up movement. This excerpt is from "The Fiat Standard" book by @Saifedean Ammous.
Normies started having Twitter 1.0 feeling. #Nostr and #Bitcoin are the only way out for freedom. Not sure when they will get it. #Nostr #Bitcoin image
In case, any boomer keeps complaining about millennials not having strong bond with their families or simply not having children, don't listen to them and read them these lines from "The Fiat Standard" by @Saifedean Ammous. Opt out of these cultural issues with #Bitcoin #BTC
Some of the pictures I took during my Nova Scotia trip. Keep studying and buying #Bitcoin and never stop travelling. #Bitcoin and chill. Follow me on nostr if you love photography and want to read some good excerpts from #Bitcoin related books. #BTC
Fiat is the biggest ponzi scheme we have ever seen...!!! Study #bitcoin and start living on #bitcoin standard to get out of modern day debt slavery #Bitcoin #BTC @Michael Saylor
I have seen a lot of people who don't like reading books so, I decided to post some really good excerpts from the book "The Fiat Standard" , "The Bitcoin Standard" and "The Principle of Economics" by @Saifedean Ammous so, I can educate them on #Bitcoin    and history of money If you know someone who doesn't like reading books but at the same time doesn't mind reading some excerpts from the good #Bitcoin    and history of money related books, please ask them to follow me on nostr. Feel free to recommend more books on #Bitcoin    and History of Fiat Money and help me to bring hyperbitcoinization to the world. I have "The Price of Tomorrow" by @Jeff Booth and "Thank God for Bitcoin" by @jimmy song and @Robert Breedlove next to the list. #Bitcoin
image You don't need to be super intelligent to understand that cause of every single recession is Federal Reserve Bank itself since they made sure every sing time that REAL FREE MARKET (aka Austrian Economics) doesn't exist. We have been lied about free market since the creation of Federal Reserve Bank and below excerpt from "The Fiat Standard" by @Saifedean Ammous explains this really well. $BTC #Bitcoin
I have some friends who are really sick and tired with high debt and modern day fiat slavery. I have been trying to orangepill them and seems like they are starting to realize that fiat money is fake and it's programmed to debase but they are not getting good grasp on #Bitcoin but at the same time they also started realizing that #Bitcoin is real thing and they started to believe that they may not be able to buy in significant amount before next bull run. If you were me, how would you guide them in this scenario? I just don't want to tell them to invest in bitcoin without understanding it properly but if there is any better option than this, I would love to hear that. #Bitcoin
"The reason Microsoft is such a blight and cancer on humanity is because of intellectual property laws granting them all of these monopolies. If this cancer was not allowed to grow we'd have an amazing ecosystem of open source operating systems all over the world. Bill Gates would not be out there worth hundreds of billions of dollars experimenting with making profits and killing people with untried therapies and just basically being unleashed in the world with all of his crazy ideas. we'd have very different world if we didn't have this" - @Saifedean Ammous "If you really want to find these examples of common carriers or whatever it is abusing their position you will always find STATE PRIVILEDGE AT THE SOURCE. They get away with it because of STATE PRIVILEDGE" - @Saifedean Ammous I would strongly recommend everyone listening to Saifedean recent podcast with Saylor (Conceived in Liberty Part 2). @Saifedean Ammous and @Michael Saylor disagreed on couple of things in this podcast and I know lot of people took side of Saylor but I willl take Saifedean side since I liked some of the Saifedean's arguments more than Saylor's. Long story short, this podcast would be perfect example of how two people should talk through disagreement. This is what I love about #Bitcoin community where two people with completely different opinion can talk with each other and come to the conclusion. #Bitcoin
Schools will continue teaching gender ideology instead of how fiat standard is robbing our time and energy. If your government really cares about you then they will add this book in your curriculum. "The Fiat Standard" is the absolute master piece by @Saifedean Ammous #Bitcoin
This wouldn't have happened under a fixed monetary system. The government continues printing money (out of thin air) for something that none of the Canadians voted for. Opt out of this with Bitcoin image
"Consumer Price Index (CPI) is a heavily manipulated metric. Governments are politically motivated to show that prices are not increasing very much. After all, if prices are perceived to be increasing quickly, savings would be diminished, and the public would get upset. Several tactics have been used to manipulate CPI to show favorable outcomes. For example, the Hedonic Quality Adjustment is a method by which the CPI gets adjusted downward. If jeans increase in price by 20%, the Hedonic Quality Adjustment can say that the quality of the jeans increased by 18% and only count that as a 2% increase.[6] This is why the CPI magically comes in at 1-3% year after year, even when prices are increasing much more in reality. The value from technological progress should result in deflation. The fact that we have inflation means that this value is being redirected to the money creators and their borrowers. As a result, although governments report a 2% increase per year in prices, the reality is much worse. Theft is occurring right in front of our faces, and unfortunately, the community has accepted this as a normal part of life. Instead of everyone benefiting from a natural deflation of prices, we allow the few to capture all the gains." - From "Thank God for Bitcoin" by Jimmy Song & Robert Breedlove #Bitcoin #BTC
"With deflation, holders of currency are the winners, since their dollars can buy more goods and services in the future than they could today." - From the "The Price of Tomorrow" by @Jeff Booth [Embrace the deflation] #Bitcoin #BTC
"M0 usually gives the total number of fiat tokens that have been printed into physical paper notes and metal coins that are in circulation. M1 is a measure of M0 and bank checking accounts, allowing for the calculation of all forms of money available to their owner on demand. M2 adds to M1 all savings deposits and certificates of deposits. This is money held by individuals but has not reached maturity, meaning it is not liquid enough for individuals to spend in its current form but can be liquidated quickly. M3 adds to M2 money market mutual funds and other large forms of liquid assets." - "The Fiat Standard" by @Saifedean Ammous #Bitcoin #BTC
Since people don't like reading books, I am planning to post some good excerpts from following books. Let me know if this would be good idea or not. 1>"The Price of Tomorrow" by @Jeff Booth 2>"The Bitcoin Standard" by @Saifedean Ammous 3>"The Fiat Standard" by @Saifedean Ammous 4> "Principles of Economics" by @Saifedean Ammous 5> "The Bullish Case for Bitcoin" 6> "Thank God for Bitcoin" by @jimmysong 7>"Bitcoin and the American Dream" by @jimmysong #Bitcoin #BTC
"Economist Stephen Roach, who was starting his career at the Fed in the 1970s, has said then-chairman Arthur Burns fought inflation by removing from the CPI’s basket of goods items whose prices were rising While always conveniently finding a nonmonetary story to explain the price increase. By the time he was done with it, he had eliminated about 65% of the goods in the CPI, including food and oil and energy-related products." From "The Fiat Standard" by @Saifedean Ammous #Bitcoin #BTC