You are now a Cypherpunk I said to one of my students during the lesson 5 of My First Bitcoin certificate.
Welcome.
If you could code you would now start creating sound money, Bitcoin.
He was critical. He was maybe even furious!! He said this is a scam!
All emotions.
I die not expect this when I prepared the lesson!
It was about the problems that Bitcoin solves.
By lesson 5 this student learned:
- that the USA created 4 trillion USD in kust 1-2 years. 40% more fiat currency
- he saw the M2 money supy go steep upwards
- he saw how many fiat money is created and the debt as percenatage of income of countries like USA, Japan, UK, Singapore.
- the ranking of the most indepted countries in the world
And he saw the website of WTF happened in 1971.
The question: what is money pondered in his mind.
What is hard money?
What is cbdc?
Are you saying they can link cbdc to my travel? To my social score?
Is that why you showed me to use keet.io the peer to peer chat? nostr?
But, but?
A new Cypherpunk was born.
If he could code he would have put all that energy, all that new insight into coding decentralized money.
I realized that by lesson 5 of the My First Bitcoin, you can not unsee what you have seen!!
He saw that just by adding some monopoly money to my friends - I played the Kura Piedra Bank again - and gave some extra 2000 USD fake money to my friend to show the Cantillion effect, while all other students had only 15 USD, that the bid of the Porsche went to straight 500 USD!
Nobody could outbit my friend!
My friemd was just one of the students.
This exercise showed them, and the new Cypherpunk, that suddenly, the value of the fiat money you have is decreased when there is more fiat money created.
This exercise of the My First Bitcoin program show exactly how it works.
Thanla to Family Peter Kroll of the BTC Curaçao Institute for sponsoring this program.
@myfirstbitcoin
@miprimerbitcoin
#ProofofWoek
nostr:npub1w98ems6ryhpv7zvmhwp5sv65p0pwrnvzw4lucn0ch776qan9ntdstscwpx
nostr:npub1wyjrqsx6wysfg05u4emf6zrg9pkm27f28zr9dct9gfjrdccgds7qcp2mkf
https://blossom.primal.net/ed79728330d6734ea41e4bbc0eded9d6a2d911d4a3a5743268b533945f52035d.mp4
