German police now owns 50,000 #bitcoins #gigachad

Puuuh, so fucking difficult to keep jamming the mempool 🤣🤣 #bitcoin

Can anyone tell me when is Barry finished selling 🤣 #bitcoin

The exact opposite of #bitcoin Enjoy reading, it’s a nightmare ———————————————- money with an expiration date: Silvio Gesell's inspired idea of depreciating money meant to foster unimpeded circulation, to counter usury, and to benefit the common good. 'Money, you imagine, is the key that opens the gates of the market. That is not true — money is the bolt that bars them. The faults of money go further. When small businesses take out loans from banks, they must pay the banks interest on those loans, which means they must raise prices or cut wages. Thus, interest is a private gain at a public cost. In practice, those with money grow richer and those without grow poorer. [...] Gesell believed that the most-rewarded impulse in our present economy is to give as little as possible and to receive as much as possible, in every transaction. In doing so, he thought, we grow materially, morally and socially poorer.  [...] To correct these economic and social ills, Gesell recommended we change the nature of money so it better reflects the goods for which it is exchanged. “We must make money worse as a commodity if we wish to make it better as a medium of exchange,” he wrote. To achieve this, he invented a form of expiring money called Freigeld, or Free Money. (Free because it would be freed from hoarding and interest.) The theory worked like this: A $100 bill of Freigeld would have 52 dated boxes on the back, where the holder must affix a 10-cent stamp every week for the bill to still be worth $100. If you kept the bill for an entire year, you would have to affix 52 stamps to the back of it — at a cost of $5.20 — for the bill to still be worth $100. Thus, the bill would depreciate 5.2% annually at the expense of its holder(s).  [...] In Gesell’s system, the stamps would be an individual cost and the revenue they created would be a public gain, reducing the amount of additional taxes a government would need to collect and enabling it to support those unable to work. Money could be deposited in a bank, whereby it would retain its value because the bank would be responsible for the stamps. To avoid paying for the stamps, the bank would be incentivized to loan the money, passing on the holding expense to others. In Gesell’s vision, banks would loan so freely that their interest rates would eventually fall to zero, and they would collect only a small risk premium and an administration fee. [...] With the use of this stamp scrip currency, the full productive power of the economy would be unleashed. Capital would be accessible to everyone. A Currency Office, meanwhile, would maintain price stability by monitoring the amount of money in circulation. If prices go up, the office would destroy money. When prices fall, it would print more. In this economy, money would circulate with all the velocity of a game of hot potato. There would be no more “unearned income” of money lenders getting rich on interest. Instead, an individual’s economic success would be tied directly to the quality of their work and the strength of their ideas.'

You think the most fundamental security of #bitcoin is hash power? WRONG The most fundamental security of #Bitcoin is #mathematics If you want to break #Bitcoin fundamentally, you have to break the underlying mathematics

Gigachad take below 👇 Clown 🤡 world 🌍 MAXI