Erik The Decentralist's avatar
Erik The Decentralist
cmediumerik@iris.to
npub1w2dn...5lz2
I love humans and decentralization. This is why I love Bitcoin and thats why I'm here
IF TAXES ARE NOT EXTORTION AND INFLATION IS NOT THEFT, WHY DO TAXES INCREASE FOREVER WHILE FIAT MONEY DEBASES FORVER?
Im moving out of Hamsterwheels City and into Bitcoin Metro. Stacking sats day by day. image
If you're too busy to read your first book about #bitcoin than you need to read your first 2 books about #bitcoin
Canadian Nuclear power plants produce excess power daily which Canadians then PAY the USA to use. This wastful insane behavior can easily be supplanted with #Bitcoin mining.
Dear Government and Mainstream Finace; Coercion wont work for you. Get over yourselves. Such moves do not ban bitcoin, they only make your currency and banking system less liquid, and their users more aware of the fact that your currency is a loyalty points scheme and not money. image
The fiat currency system sets different rules for everyone. If you're too big to fail, you get bailed out because it would have an impact on too many people. If you're a small player, you don't get bailed out because your failure doesn't impact the system. I think everyone should use the same rules to operate. If you take too much risk, nobody should be able to bail you out. A Bitcoin standard would ensure that you manage risk properly, whether you have the influence of a government or an individual. If you don't, YOU should face the losses from your decisions, not everyone else.
The three banks that collapsed these past weeks have more assets on their balance sheets than all of the 2008 financial crisis banks combined US Government: "The Banking system is safe" image
WHEN FIAT COLLAPSES 99.9999% FROM ITS 1971 VALUE, WHAT REPLACES IT? A) BRICS B) A GOLD STANDARD C) #Bitcoin    D) MORE FIAT E) CBDC'S ONLY ONE MAKES LIFE CHEAPER SO CHOOSE WISELY. "In your moment of weakness, I will buy your #Bitcoin    " - Michael Saylor
TODAY ⚠️ daily transactions on the #bitcoin    blockchain have reached a new all-time high 📈 image
I watched #Bitcoin    go from $20k to $3.5k from $69k to $16k, then back to $30k and I'm still here for more. How about you? 🤔
7 Money Rules you should follow by 25: • Pay yourself first • Buy assets, not liabilities • Avoid high-interest debt • Invest 20% of your income • Use 50/30/20 budgeting rule • Build a 3-month emergency fund • Put long-term savings into #Bitcoin What else?
When Fiat collapses by 99.9%, what replaces it? A) BRICS B) A Gold Standard (until it dies as always) C) #Bitcoin D) More Fiat E) CBDCs
When Fiat collapses by 99.9%, what happens to; Your Savings Your Stocks Your Debt All systems are controlled my middlemen De-Risk with #Bitcoin
GLOBAL DEBT SPIRAL EXPLAINED As we unravel - interest rates go higher - the deficit gets bigger - Interest expenses increase - more bonds (debt) are created - interest rates go higher - the deficit get bigger.... The cycle repeats until there's no value left in fiat... Its why everything is breaking. See the problem now? image
Russia dumped 80% of its US Treasuries in 2018 3 years later we had Ukraine. China has been dumping US Treasuries steady for almost 1 year. Both are BRICS monetary system founders. Both don't want the Fed to exist. What do you think this all means?
Corruption is a disease that exists everywhere As our monetary base layer itself is Corrupt.