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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.
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BitcoinMendocino 10 months ago
92 years ago today the US government banned private gold ownership under Executive Order 6102. image
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BitcoinMendocino 10 months ago
As of the most recent data available in early 2025, the U.S. national debt is approximately $36.2 trillion. This figure is based on reports from sources like the U.S. Treasury. image
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BitcoinMendocino 10 months ago
“Good morning. The US government is considering raising the debt ceiling by $4 trillion to a limit of $40T, an increase of over 100% in just eight years. Have a great day.” ~ James Lavish image
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BitcoinMendocino 11 months ago
A new IMF report on global payments recognizes Bitcoin as a "store of value.” The International Monetary Fund (IMF) updated its Balance of Payments and International Investment Position Manual (BPM7) as of March 20, 2025, and this update includes recognition of digital assets like Bitcoin as stores of value, alongside stablecoins as means of payment. image
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BitcoinMendocino 11 months ago
When a community spontaneously adopts bitcoin as a local currency people can start to save for the future and can circumvent the ongoing drag of inflation. ~~~ 2025 Federal deficit: $1.9T National debt: $36.5T image
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BitcoinMendocino 11 months ago
Bitcoin vs. Inflation: The Essential Guide You Never Knew You Needed