"We are not only responsible for what we do, but also for what we accept without objection."
Arthur Schopenhauer
(German philosopher, 1788 - 1860)
#fixthemoney
#fixtheworld
#bitcoin
#nostr
#thegreatreSat
Lerne Bitcoin!
thewhiterabbit@nostrplebs.com
npub1n75e...v22w
Guiding people down the ra₿₿ithole.
Notes (3)
„In law, possession is the control a person intentionally exercises toward a thing.“
Do you have full control over your bank account? Who do you think is the possessor of your assets in the bank?
„Ownership is the state or fact of legal possession and control over property, which may be any asset, tangible or intangible.“
Do you really have ownership of your wealth? So why can it be taken away from you by inflation - without your permission?
#bitcoin fixes this
It is your wealth - you worked for it.
Own it!
Most people don't understand the problem they are in. In fact these are multiple problems.
Let's start with "inflation": (Example)
100% Recources in this currency zone are represented by 100.000 Taler (= money supply).
Let’s say you own 20.000 Taler (20% of the money supply) and therefore you can buy 20% of the resources.
Then the government decides to print another 100.000 Taler.
100% Recources in this currency zone are now represented by 200.000 Taler (= money supply).
You still own 20.000 Taler, but now this are only 10% of the money supply. Therefore you now can buy only 10% of the resorces.
The buying power of your "money" dropped, the value of your „money" dropped. Someone took wealth from you, without asking you for permission to claim your values.
You now have to work more/ harder to earn more "money", because you need more "money" to achieve the same buying power.
This is a form of expropriation or „hidden tax“. This is a gigantic redistribution of wealth from the buttom up.
#Bitcoin fixes this

Then the government decides to print another 100.000 Taler.
100% Recources in this currency zone are now represented by 200.000 Taler (= money supply).
You still own 20.000 Taler, but now this are only 10% of the money supply. Therefore you now can buy only 10% of the resorces.
The buying power of your "money" dropped, the value of your „money" dropped. Someone took wealth from you, without asking you for permission to claim your values.
You now have to work more/ harder to earn more "money", because you need more "money" to achieve the same buying power.
This is a form of expropriation or „hidden tax“. This is a gigantic redistribution of wealth from the buttom up.
#Bitcoin fixes this
