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BitcoinMendocino
bitcoinmendocino@nostrplebs.com
npub1d35f...k508
#Bitcoin is the alternative financial system for local communities at a time of inflation and spiraling national debt. #Mendocino California.
When you first come across #bitcoin you think of the dollar as money and BTC as an investment. Then if you do the research you realize the shocking truth: Like finding out your spouse has been cheating on you since your wedding, you discover the dollar isn’t money at all. But bitcoin is. image
To understand #bitcoin you first have to understand that the global financial system is a gargantuan game of Monopoly, a legal confidence trick played with money (which is actually not money at all but currency) created as debt and printed into existence at the pleasure of central banks through the purchase of Treasuries and fractional reserve banking. Once you see the game, you begin to appreciate that bitcoin is the best form of hard money ever invented/discovered and see the many societal problems it solves. image
Understanding Bitcoin is not an intelligence test. It’s an ego test. You have to be able to admit you were wrong. #bitcoin #Mendocino image
“I thought I knew what America was. And then I found out about the 3-letter agencies and the surveillance and the hundreds of overseas bases and the global listening posts and the foreign interference and the sprawling bureaucracies and the endless currency printing and everything else that’s counter to the great American experiment. But underneath all that America is still there somewhere.” image
"My money is in the bank" - It's not yours - It’s not in the bank - It's not money Study #Bitcoin image
U.S. national debt: 2024: $36 trillion 2014: $24 trillion 2004: $12 trillion 1994: $10 trillion 1984: $5 trillion 1974: $3 trillion 1964: $3 trillion 1954: $3 trillion 1944: $4 trillion 1934: $637 billion 1924: $395 billion (inflation adjusted) #bitcoin #Mendocino image
“You never change anything by fighting it; you change things by making them obsolete through superior technology.” ~ Buckminster Fuller #bitcoin #Mendocino@ image
And now for today’s motivational, pseudo intellectual quote: “We mere mortals exist on an infinite blockchain of time. Eventually we all get mined.” image
There is so much more to #bitcoin than its exchange rate with the dollar. But for most people this exchange rate is what first catches their attention. Bitcoin - dollar exchange rate as of December: 2009: $0 2010: <$1 2011: $4 2012: $13 2013: $754 2014: $320 2015: $431 2016: $964 2017: $13,800 2018: $3,740 2019: $7,216 2020: $28,994 2021: $46,388 2022: $16,548 2023: $43,700 2024: $95,500 (as I type) But once people understand why bitcoin increases in value relative to the dollar, they begin to realize it’s more than just an investment - it’s a completely alternative financial system that fixes the inflation problem of debt-based, government issued currency. With bitcoin the ability to save in hard money for the future changes people’s financial perspective from anxiety to optimism. image
“California to me as a concept or as an idea always seems like endless optimism and endless opportunity - when people think of California they think of palm trees and blue skies and gorgeous sunsets and beaches and everything else.” ~ Mark Hoppus FREE CALIFORNIA! image
“This whole #bitcoin thing is getting out of our control…We need Bindseil and Schaaf to write another hit piece.” image
Despite the fact that we’re a community and a society operating with a central bank issued token that is not real money and which is a form of legalized theft - most people will continue ignoring bitcoin until the financial pain is too great. #bitcoin #Mendocino image
From niche internet curiosity to Wall Street exchange traded fund, a treasury asset of publicly traded companies and proposed state and federal legislation for strategic reserves. #Bitcoin the alternative financial system. #Mendocino image
There are communities around the world that have adopted #bitcoin as an alternative form of money, places like El Salvador, Lugano Switzerland, South Africa and Madeira. Why? Because bitcoin solves the inflation problem. #Mendocino is the perfect community to join them. image
- A store of value at a time of dollar debasement and inflation - A net positive for the environment by mitigating greenhouse gases - A turnkey solution to benefit local economies #bitcoin #Mendocino image