Mahmoud Tajari's avatar
Mahmoud Tajari
Mahmoud@BitcoinNostr.com
npub1cvx4...q7k9
Bitcoin entusiast
We all #speculate because the #future is never #certain
All second-layer monies are IOUs, or promises to pay first-layer #money.
which one is more important? #hodl or #MediumofExchange ? image
excelent presentation at #AdoptingBitcoin in South Africa image
The #dollar emerged as the cleanest dirty shirt in the laundry of #global currencies.
If #trade is allowed to freely occur, the #price of anything can be discovered.
Within the halls of the Antwerp Bourse the money market was born, a market that transitioned our understanding of cash from metal to paper, a clearing house foe 2nd layer money.
Governments and currencies are inextricably linked today because governments established a monopoly on second-layer money and used it to their own benefit.
#Gold/#bitcoin is #money. Everything else is #credit.
In reality, first-layer #Bitcoin transactions are not designed for instant commerce; they are designed to keep an entire global #network of peers in perpetual agreement on the status of the Bitcoin ledger.
once people finally understand the renaissance of money taking place, the fear of missing out will become overwhelming. #Bitcoin
#Satoshi invented non-discretionary #monetary #policy wherein human discretion could never alter the supply algorithm of #Bitcoin ♥
#Bitcoin is where the Internet collides with #money to bring about change in the same transformative way it did with #communication and #commerce.