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Bitcoin Awareness
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Build the world you want to exist. Bitcoin education creator for nocoiners and normies. Support the "Why Do Prices Rise?" documentary. Act now and help us fund the film on Geyser: https://whydopricesrise.com/film More: https://whydopricesrise.com https://usdsats.bitcoinawareness.work/ https://repricing.bitcoinawareness.work/ https://orangetips.win/ Top articles: https://bitcoinawareness.substack.com/archive?sort=top Donate: https://bitcoinawareness.substack.com/p/help-us-grow-bitcoin-for-you --- #bitcoin #education
We will film this documentary to show that this is the main question we can ask normies to start monetary and Bitcoin conversations. Your support is appreciated, as we do not have a large reach. The film, however, will be distributed, among other places, on a YouTube channel with more than 100,000 subscribers. View article →
I am good at conceiving ideas and at execution, but very bad at marketing. In fact, marketing really bothers me.
GM. Claude got it. After some prompts exploring the math behind, its Keynesian tendency disappeared... **Fiat Currency as a Spurious System** Fundamental Characteristics Fiat currency represents an intrinsically flawed monetary system: - Value not backed by real assets - Artificial value creation - Dependence on governmental trust - Constant devaluation mechanism Structural Problems 1. Non-fixed denominator - Monetary printing without backing - Inflation as a devaluation mechanism - Systematic loss of purchasing power 2. Spurious characteristics - Value based on convention - Does not represent real wealth - Manipulable by monetary authorities Economic Consequences - Erosion of purchasing power - Veiled wealth transfer - Indirect taxation mechanism - Potential economic instability Conceptual Alternatives Alternative systems: - Gold standard - Bitcoin protocol - Assets with real backing Fiat currency perfectly exemplifies a spurious monetary system, with a non-fixed denominator and intrinsic devaluation mechanisms.
The world runs on a flawed measure, fiat money. What could keep going wrong?