Sometimes what you only need is a #petrock
Joey
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"The secret of freedom lies in educating people, whereas the secret of tyranny is in keeping them ignorant."
#btc #economics #money
I am curious how much of the bought #bitcoin through ETFs done because of the hype.
Inflation sets a double standard.
There are the ones who can decide about creating money, and there are the ones who cannot.
We can say that money this way is unfair.
#plebchain #coffeechain #inflation #unfairmoney #fairmoney #grownostr
Imagine that the whole World is using meter [m] as a length measurement.
We know that 1m = 1000cm.
What do you think would happen, if one day a country decides and say for them:
1m = 1100cm
Then after a year, they decide:
1m = 1200cm
Wouldn't it be ridiculous on the first place?
What would this cause?
#plebchain #coffeechain #grownostr
Bitcoin is love.
Do you need permission to love?
No, as you don't need permission to use bitcoin either.
Thank you for comming to my ted talk. 😂
#plebchain #lovechain #love #bitcoin
#wiretransfer #banking #bankingbad #economy #finance #bitcoin
https://image.nostr.build/423a277b59ba4bce5f11a8faa9a4d68c711664040f30d337d5f2b8ef3a4d4043.jpg#m=image%2Fjpeg&dim=507x500&blurhash=%7CIHCP%7E4UIn-%3AMxIUoKg1ozPQ%7EqoxITaNoJWBtPR%25o%7B9Zx%5D%25MV%40Rkt7W-ob9EjDfmtSxuV%3FR*kDRjR5oexba%24WAxaWBRjoJ%7EWRiWUxakARjWBjut7R%3As%3BofWBWBofayoMj%5ED*kXWCRjofR%2Bt7oft7t8ofofV%40WCkCWBs%3BWB&x=04f18caa03fc509cfe3fd4d6134d13b6b82452a11873b793ea948821ecc3f2db
Stop being an employee. Not the time matters, but what you can do with it.
Be an entrepreneur. Think in terms of value.
Provide enormous value even if you are working for a company, then your craft will show proof of work.
If your current employment do not reward your hard work, you can easily move, because you concentrated on creating which you can explain or showcase on the next place.
If you want to be self-employed, then also value will matter, and not the time you spent.
#plebchain #coffeechain
#asknostr
What is the best way to support #bitcoin now if you live on fiat?
A.) Convert all salary to bitcoin, and spend from bitcoin.
B.) Keep what you spend in fiat, convert the rest into bitcoin.
C.) Have a revolving credit card, and always pay back debt before due date, and convert rest of fiat to bitcoin.
D.)...
Comments showing PoW will be rewarded.
#plebchain #coffeechain #grownostr
Future is unknown. You don't know if you will be ill, you will get a higher paying job, you will be fired, your car will broke down, your business idea will hit, etc.
Wouldn't it be nice if at least you could count on that the money you have saved so far will be there for you buying the same amount of products later as when you have earned it?
#plebchain #coffeechain
What prevents #bitcoin from maintaining a really high fee environment?
Would it be a natural balance? That people will transact less because of the high fee, lowering the fees until a certain balance hits?
Is it economically sustainable for big techs to keep fees high to squeeze plebs? So that they force everyone to rather trade paper bitcoin because it has lower fees?
#asknostr
https://video.nostr.build/0360059800aca079471cbe08334558c4213bbdbbc6eb791334dceedb7ea822a9.mp4#m=video%2Fmp4&dim=1080x1080&blurhash=U297ndof00Rj%25MfQayof00WB%7Eqt79FfQt7Rj&x=995c4ad5a5a53230b6785acb3a65b7b35cbff743d74f460950a788da2b5c4871
#money #economy #plebchain #coffeechain #inflation #grownostr
The big disadvantage of not knowing things is, that you don't know what you miss, and its consequences until
▶️ you either learn it, or
▶️ you get the consequences.
So it might make sense to learn about many things to just know if there is anything you would miss if you ignore it.
#bitcoin #knowledge
Economy Analogy:
Imagine the economy as a room. Let's say the temperature is the inflation.
When the FED prints money, or decreases the interest rates (also effects money printing but it is slower), it is like they are heating the room.
What do you expect will happen when you heat the room? Of course, you will get higher temperature (inflation).
Then if you know you heat the room, would it be true to say that the "temperature is transitory".
#analogy #economy #money #inflation #plebchain #coffeechain
Blaming inflation for the bad things is like blaming the weather forecast for the bad weather.
Inflation has nothing to do with causing the problem, it is just a signal.
Stop blaming the effect, and look for the real cause.
#plebchain #coffeechain #grownostr #inflation #bitcoin #economy