The currency we all use is not money and it’s ensnaring us in debt and surveillance.
So people are discovering bitcoin. It mirrors Mendocino’s ethos of autonomy, freedom.
(Farewell, Larry.)
#bitcoin #Mendocino
There’s a wildfire over in Anderson Valley. Be careful out there and have an emergency plan in place for yourself, your family and your seed phrase.
#Mendocino
Your seed phrase should be available from more that one location. In other words have a backup.
Also Let’s make this a common practice - Bitcoiners do not store their private keys at home. We have to go somewhere to get them. Greater inconvenience = greater security.
I met with a neighbor this morning at a #Mendocino coffee shop who wanted to know all about #bitcoin ; what it is, why it’s important, how it’s issued, what makes it valuable etc.
What was interesting was he understood from the outset that money’s a shared hallucination.
I don’t give financial advice.
But if I did I’d advise everyone to hold a minimum of 1 - 3% of their net worth in #bitcoin …minimum.
But I don’t give financial advice so don’t do that…unless you want to. But you should only want to if you haven’t read this.
And now for this morning’s motivational poster hanging in the break room next to the fridge full of lunch sacks and above the counter where the toaster oven needs a good cleaning:
‘A trail is created by walking it into existence.’
The dollar is still the premiere global reserve currency and that isn't likely to change soon. But bitcoin is a viable alternative financial system that anyone can use alongside traditional finance.
#bitcoin #Mendocino
I’m going to use Ai to write my posts from now on -
PROMPT:
Write a social media post that encompasses 3 ideas: 1. In summer #Mendocino is busy with tourists. 2. In winter the town is deserted. 3. Locals continue to live their lives in Mendocino year round, rain or shine.
COME FOR THE GREED,
STAY FOR THE REVOLUTION.
People often discover bitcoin because they are looking for a hedge against inflation. With inflation's headwinds people are looking to put dollars into an asset and then get more dollars out later. This is understandable at a time of currency debasement.
But bitcoin goes beyond being a fiat investment. Bitcoin has the potential to completely displace the current financial system replacing fiat currency with sound money that is self-sovereign and unconfiscatable. This is the revolution.
People who own real estate think the value of their property is going up. But the rise in housing prices is more a reflection of a devaluing dollar.
For example according to Zillo selling my modest little home would make me a millionaire.
#Bitcoin #Mendocino
If they built a Cybertruck that’s stripped down to the basics - hand cranked windows, key entry, no entertainment system and no internet/data connection + minimal software updates Priority Mailed to my PO Box on a USB stick…
I’d buy this model!
Life in a small town, knowing your neighbors, not using locks on your doors, walking on the beach, walking in the forest, having locally grown food, having locally grown wine, not having to commute, not sitting in a cubicle, being part of something.
#Mendocino
Imagine a small town overlooking the Pacific surrounded by thousands of acres of forest, where you know your neighbors, leave your house unlocked, where you find local farmers who’ll sell you fresh food and where #bitcoin is the local currency.
I’d move there in a heartbeat.
Air is like money. Most of us would never consider breathing any other gas. Similarly most would never consider using any other money than dollars/euros/yen etc…until perhaps we realize this fiat money is like polluted air that’s slowly making everyone sick.
Money should be a store of value, it shouldn’t constantly lose purchasing power to inflation. It should help us save over time so we can plan for the future and breathe more easily.