Sound Money
jsm@nostrcheck.me
npub1sg0j...5u3l
I'm a #Bitcoin maximalist (today more than ever, whatever the date of today) #SoundMoney
#Anarchocapitalism #AustrianEconomics
What did Satoshi Nakamoto think about fractional reserve banking? Uhmmm, I wonder...
Fractional Reserve Banking Explained | Philipp Bagus | BIG PICTURE with ... youtu.be/5ktRi_zvSI4?si… vía @YouTube
Good job, @PhilippBagus and @BigPictureWatch
The true and beneficial elasticity of money is not in its supply, but in its purchasing power
#Bitcoin ₿
Again, Mises talking about Bitcoin 
To hodl in Mises' version
Bitcoin's uses are varied and changing, but they are by no means "attributes."
Use as a medium of exchange or as a store of value are not attributes of Bitcoin. These uses are (subjective) means to achieve (subjective) ends. It is the human being in action (human action).
Bitcoin is in the process of monetization, so in addition to being a good store of value, it is also a good investment, which reinforces its use as a "store of value."
But who would deposit their wealth in a digital good that could not be exchanged again for wealth? Wealth is exchanged for bitcoins not to consume them or to use them in production processes, but to exchange them later for other goods.
Of course, this is done assuming that those bitcoins will be accepted with the same intention, that is, assuming that they are means of exchange, which are used as MoE (whether short or long term).
Another different thing is that it is logical and inevitable that the use of Bitcoin as SoV will skyrocket before the use as MoE skyrockets, but the use as MoE is implicit in the use as SoV.
Consumerism is a moral disease caused by monetary inflation (which devalues money and therefore encourages spending).
Consumerism is a poison inoculated into society by socialists/statists of all parties. It is often associated with capitalism because it is only possible thanks to the abundance typical of this system of social cooperation, but it is clearly just the opposite.
"Capitalism is saving and hard work" (Miguel Anxo Bastos dixit)
When there is hard money (like gold or bitcoin), there is usually no consumerism. Fiat money promotes spending and discourages saving. The state monopoly on money is an attack on people's prosperity and freedom.
Just in case 
#Bitcoin ₿ on brink of its sixth milestone in its historical price. After reaching $1, $10, $100, $1K, $10K, now it's the turn of $100K.
Price matters, and it matters a lot
It is a sign that points the way to those who have not yet found or discovered it.
Bitcoin on brink of its sixth milestone in its historical price. After reaching $1, $10, $100, $1K, $10K, now it's the turn of $100K
Just a tip for newbies, don't play with your bitcoins or you'll lose them
The world in suspense because Bitcoin could reach a price of $100K and the maximalist Bitcoiners would have to take off their laser eyes.
Bitcoiners: laser eyes forever
Nothing stop this train 
₿
Just the beginning
Imagine living with Bitcoin in his youth and seeing it only as an investment asset
Laser eyes are forever
#Bitcoin