Something just occurred to me. "The Eight Reale was often cut into pieces or "bits"...thus, the nickname "Pieces of Eight." BITcoin has eight zeros. Freakin genius

Hodl sats is all anyone needs. The more we do it the more it words. No need for "altflation."

If you think about it, Motel Six was founded in 1962, it cost $6. Super Eight was founded in 1974. $8.88. But now the price is about 10X that, because they have 10 Xed the money supply. They could’ve just as easily decreased the money supply. Then they would cost $0.60, or $0.89. It’s literally the same difference, what they’ve already done. The only difference is who gets the wealth. No wonder society has problems. We’ve had 90% of our wealth stolen since the early 70s.

Number Go Up: Bitcoin is a Trojan Horse

When you take out a loan from the bank they don’t take money out of a vault to give you. They just write up an IOU and “give” you money they don’t have, knowing that you’re going to pay it back with money you work for. Then people store their hard-earned money in the bank, a.k.a. giving the bank free loans, so that the bank can charge them fees while lending their money out for profit. So much for “normal.”

Time is money, so money plus time (savings) should equal more money. Unless the money is broken. Maybe future generations will look back and see that as obvious.

Inflation is basically banks stealing everyone’s money, and we’ve never known a world that didn’t have that theft. So basically, in a world this abundant, most of our poverty is because of inflation constantly siphoning the wealth back to the banks. But Bitcoin has a fixed supply, meaning even if the price goes up, they can’t make more of it. Fixed supply means infinite growth. In a world where “infinite growth” is necessary for our economies to function, the truth is the infinitely expanding money supply is the problem. Fix the money supply, fix the problem. That’s what Bitcoin does, and it’s value is gonna go up forever, like an honest, counterfeiting-free money should. Yes it’s volatile, for now, but it’ll always average up. Whereas the dollar will always go down.

Altcoins are not “cheaper.” Bitcoin & altcoins don’t have prices, they have rates. The fact that 1 USD equals 14,768.45 IDR does not mean you should rush out to buy Indonesian Rupiahs. If everybody put their money on bitcoin everybody would gain a lot faster. The key is to understand absolute scarcity. That’s something the world has never had before so people don’t understand it, yet. No matter how high the bitcoin rate goes, bankers can’t print it, miners can’t mine more of it. The supply is fixed! Bitcoin is literally the hardest, scarcest money the world has ever known. And it is becoming and will forever continue to become scarcer every day.

I think the only reasons bitcoin hasn’t followed the stock-to-flow chart more closely are: 1. Paper bitcoin on exchanges introducing fiat banking inflation / manipulation. 2. Altcoins are diluting the market cap. Current total crypto market cap of 1.17 trillion ÷ 21 million equals $55,714 per coin. 3. CME futures shorting any bull market to keep it down. Chicago CME bitcoin futures went live the day the 2017 market crashed. 4. Pandemic Leaving bitcoin on exchanges reintroduces the banking problems that Bitcoin was invented to stop. And if money is the language of value altcoins create a Tower of Babel making the network effect of the whole system less effective. Regardless, the Bitcoin network is still the same as ever, and people just need to educate themselves to use it correctly. Store all bitcoin off-line in hardware wallets so exchanges can’t sell you bitcoin they don’t have. The more that happens the more Bitcoin is going to continue doing what it was designed to do, separate money from state and redistribute wealth to the masses.