In the world of cryptocurrencies, Bitcoin has long held the mantle of being the pioneer and leader. As Bitcoin adoption continues to surge, it’s increasingly clear that the biggest challenge lies on the fiat side of the equation. However, amidst these hurdles, there’s a beacon of hope—a circular Bitcoin economy may be on the horizon.
The bright side of this unfolding narrative is that as Bitcoin gains more mainstream acceptance, a circular economy centered around Bitcoin itself could develop. This would effectively reduce the need for interaction with traditional fiat currencies. The implications of such a shift are profound.
In this emerging landscape, the way people acquire and use Bitcoin would undergo a significant transformation. Instead of buying Bitcoin through traditional means, most individuals would either earn it or accept it in exchange for goods and services. The key to enabling this transition lies in self-sovereign software stacks, with platforms like BTCPayServer at the forefront of facilitating peer-to-peer Bitcoin transactions.
Earning Bitcoin becomes a cornerstone of this circular economy. People would engage in various activities, from providing services to selling products, with Bitcoin as the primary mode of payment. This approach not only aligns with the decentralized ethos of cryptocurrency but also empowers individuals to actively participate in the Bitcoin ecosystem.
Crucially, the shift towards a circular Bitcoin economy is not an overnight transformation. It will take time, effort, and a coordinated push from the cryptocurrency community to make this vision a reality. One key consideration in this journey is the balance between user privacy and maintaining an auditable supply.
Privacy is paramount, and users must be able to transact with Bitcoin discreetly, safeguarding their financial autonomy. However, the transparency of the Bitcoin blockchain should not be compromised in the process. Striking this delicate balance is essential to ensure the long-term viability and trustworthiness of the Bitcoin network.
“SBF and Bitcoin: Like oil and water, they don’t mix! 🛢️💧
Bitcoin and AI – two things that never sleep, always calculating, and constantly evolving.
How can legacy systems keep up with the relentless evolution of Bitcoin and AI
Clearly been away too long!!
Buttons missing’ n shit..
Back Bitches.. 🙀💥
The time has come to start a company!
No looking back.. no regrets
Most importantly no excuses
#plebchain #selfsovereign
Not that I would ever recommend Coinbase but they have completely lost the plot.
I keep accounts open in all major exchanges so checked Coinbase today and they have decreased my buy limit by approx 10K (second time) and now need ID verification for sends otherwise they delay your transaction by 5 days
I’ve recently verified my account with ID so why is this necessary?
In addition my bank tries to block the transaction and I have to specifically verify it. Every single time.. I’ve spent hours on the phone over the past few months releasing locks on my cards.
Operation chokepoint is indeed very real. Time to move exclusively to alternative methods.
Stay alert plebs
#plebchain
Fold App just fucked me. Not eligible for a card so just been spinning for Sats for months. Nice amount built up from just consistently spinning.
They now require card payments to allow users to spin, effectively making there app useless to me and those Sats gained aren’t accessible any longer..
Balls ⚽️ 🏀
Beginning to hate my daily grind.. time for a change me thinks. #plebchain
Volatility Incoming.. Degens have taken out massive leverage at current levels.. be careful with purchase timing and then just hodl plebs 👍🏻
If you think a push to 30k is impressive you are in for a wild ride with what’s coming over the next 24 months #plebchain
Been busy.. what I miss??
#plebchain
Buy Buy Buy
Their aim is to keep you working for as long as possible. They take as much as they can from your wages as they go.
When you retire they don’t want you hanging around being a burden to the public you’ve supported over the last 40 yrs so public healthcare is designed to be mediocre at best. If you’ve done well and can afford private healthcare they take that money too while they can.
When you pass on they’ll tax your estate and your heirs for “their fair share” and repeat the process again and again. Generational wealth is just for them not you, pleb. Find another way!
"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts." - Satoshi Nakamoto (Bitcoin white paper)
I speak to those who listen from the shadows.
Buy Bitcoin before you can’t.