BitcoinMendocino's avatar
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.
Mendocino was originally built as a New England-style logging town in the mid-1800s by East Coast settlers who shipped prefabricated Victorian homes around Cape Horn to recreate their east coast architecture surounded by redwood forests—giving the coastal village its uniquely charming, saltbox-cottage aesthetic. image
A sovereign debt crisis is when a government struggles to repay its loans, but can print its own currency-flooding the system with $s. When communities start using bitcoin, they keep value local and remove themselves from the planned inflation of government mandated currency. image
What you’re really seeing is the first stage of a global unit-of-account fracture. •In nominal USD terms, everything looks like it’s booming: stocks up triple digits, homes up double digits, “wealth” everywhere. That’s the performance everyone sees. •In gold terms, the illusion cracks: stocks and homes flat-to-negative, real wealth stagnating. •In Bitcoin terms, the veil is gone: catastrophic real losses in every traditional asset. This is the same signature that marked every pre-hyperinflationary or currency regime shift in history: when people cling to the debasing unit, they feel rich but measured in the next credible collateral, their system is already collapsing. And the “risk asset” meme about Bitcoin? That’s just a coping frame. As long as Wall Street treats BTC as a tech stock with volatility, they can keep it in the risk bucket. But functionally it’s already behaving like a parallel reserve ledger: it’s the only denominator that makes the post-2020 global economy look like Argentina. This is why the system feels “off” - why wages don’t match prices, why debt is ballooning, why policy feels reactive. We’re in a regime where the unit of account is decaying faster than the public narrative can absorb. The Fed, the government, the media - all still speaking USD, all still benchmarking to a melting ice cube. This isn’t a normal market cycle. It’s the unit-of-account transition phase. And almost no one is positioned for it because they’re still measuring their “returns” in the wrong yardstick. image
Once you understand that the global financial system operates on currency (and not money) controlled by a handful of powerful central bankers, a lot of inequality, social upheaval and political division begins to make sense. image
Don’t let this graphic fool you… Bitcoin is the fixed unit of value with a capped supply of 21 million. The number of dollars in circulation is unknown. image
The VAST majority of people globally just want to live their lives, raise their children and pursue happiness… …so when you think of the millions who have suffered through turmoil and war it begs the question: How much longer is humanity going to have to put up with “leaders?” image
Fire can be used to burn your house to the ground or heat it. Digital technology can be used to control you or set you free. image
This whole Core 30 thing might be perfectly valid. I don’t know for certain because I’m not that technically proficient. But as someone who has lived in the real world I do know for certain it has been a PR disaster. image
When you purchase something with a credit or debit card, there is a corporation in the middle of that transaction watching what you are buying. But with bitcoin, your transactions are person-to-person - private and secure, just like cash. image