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Taking Care of Bitcoin
TCBcoin@nostr.theorangepillapp.com
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Taking Care of Bitcoin Podcast
Irresponsible money printing for decades has created a monetary bloat in all assets. All assets are overvalued. All assets, that is, except Bitcoin, because it still isn't understood by 99% of people. The great rotation is upon us.
Money is required for humanity to scale. Imagine what the world is capable of once we have a single, apolitical, monetary network. Frictionless specialization and trade amongst 8 billion people. Bitcoin is prosperity.
We have a system that, through inflation, indefinitely grows the government at the expense of the productive economy. Of course the elites are drunk with power, we gave them an open bar tab.
Bitcoin is game theoretically re-wiring the whole world. Individuals Financial managers Corporations Pensions Sovereign wealth funds Nation States Everyone and everything. The incentives will prove to be undeniable.
Bitcoin is going to force America to be more American Free speech Free markets Free people Life, Liberty, Property Bitcoin is freedom technology 🇺🇸
It’s high time we stop referring to Bitcoin ‘price’ And start referring to the Bitcoin ‘exchange rate’
Chasing yield is old world thinking. Fiat money needs yield to overcome the hurdle rate of inflation. With Bitcoin, the "yield" is the value continuously accruing to the money itself.
Just finished 21 Lessons. I don't know how this book evaded my radar for so long. What a beautiful little read. @Gigi Thank you for your contribution! I host a Bitcoin education podcast aimed at newcomers. Any chance you'd be willing to come on and talk through your work?? image
Money should be your servant, not your master Dollars are theft Debt is slavery Bitcoin is respect
The fiat monetary system will remain the same until the pain of remaining the same is greater than the pain of change. That pain point is on the horizon now. The transition won't necessarily be easy. But on the other side is a world far more honest, equitable, and free.
As Archimedes, the father of mathematics, famously said, "Give me a place to stand on, and i will move the earth." Bitcoin is that immutable point, and the world shall be changed for the better. The great awakening is upon us. image
There is no risk in being directionally incorrect with political ideology. Consequences of political mistakes are socialized. Not true with Bitcoin: It can not be debased. It can not be confiscated. It can not be redistributed. You get this wrong. You’re on your own.
NEW EPISODE Bitcoin is for Public Servants! Taking Care of Bitcoin with former USAID Senior Advisor Bhavna Patel!
When you spend more money than you take in, you go bankrupt. When your government spends more money than it takes in, you also go bankrupt. Save yourself.
In 1971, the US chose to back the dollar with nothing more than the full faith and credit of the US government. They then destroyed this faith and credit by weaponizing and debasing that dollar. The dollar is now backed by nothing. The world will find the alternative.
Central planning does not work. It never has worked. It never will work. The future is decentralized.
Inflation is an expansion of the money supply. Rising prices are merely a symptom of inflation.