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Taking Care of Bitcoin
TCBcoin@nostr.theorangepillapp.com
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Taking Care of Bitcoin Podcast
In 1971, Nixon terminated convertibility of the US dollar to gold. Ever since, inflationary monetary policy has artificially inflated asset prices at the expense of wage earners. As demonstrated below, herein lies the cause of wealth inequality. We must fix the money. image
Demand is demonstrably growing. Game theory is unlocking investment advisors, corporations, pension funds, sovereign wealth, nations states... Supply is finite. The whole world is about to get a lesson in absolute scarcity.
To believe greedy corporations cause inflation, you would have to believe all corporations coincidentally started being "greedy" in 1971. The same year that we abandoned a sound money gold standard. 🤔 image
There is a reason Bitcoin has such poor critics. There is no proof-of-work in having an uninformed Bitcoin opinion. Anyone who does the work to understand Bitcoin becomes a Bitcoin advocate. Almost without exception.
Manipulating the price of any good will lead to distortion in the market for that good. Manipulating the price of money leads to distortions in the market for all goods. If we want a free market, we need to use a free money.
Inflation is a problem. Bitcoin is an answer hiding in plain sight. The only thing required for one to free themselves is intellectual curiosity about the world around them.
We don't take no shit We don't take no prisoners We don't take no for an answer Game theory is one helluva drug image
The economic degradation we are experiencing is not late stage capitalism. The FED has controlled the cost of capital since 1913. A market is not free if the cost of capital is controlled. Manipulation and exploitation are coming to an end. Bitcoin is early stage capitalism.
If you respect yourself… If you respect your craft… If you respect your time… You deserve a money that doesn’t steal from you and respects your savings. Bitcoin grants you this respect.
Bitcoin codifies the American ideals of liberty, equality, property, and individual rights. It will not only restore these ideals here at home, but it will also export them worldwide. Bitcoin is money of the people, by the people, and for the people. 🇺🇸🌎
In a literal sense, Bitcoin is an engineering solution that specifically fulfills the parameters of sound money. In a broader sense, Bitcoin is a movement. A peaceful revolution for those tired of falling further and further behind as their politicians become multimillionaires.
When you borrow money, you need to ensure that you generate enough future income to cover both the principal and the interest. The government hasn't run a surplus since the late 1990s. So...how are they paying yield on Treasuries? 🤔