Now you know one of the reasons why my mouth is open on my bio. Why I’m shocked. Is that the US debt?
The USA Debt Clock.
Explaining to students how big the USA debt is in lesson 5 of the My First Bitcoin certification…
Sometimes you better laugh instead of crying
Runy
#Bitcoin
#Debt
#WTF1971
Runy Calmera
runycalmera@primal.net
npub1se5v...ktfz
Macro economist, Trainer, Investor, Bitcoiner
Host Island Wealth
Creating wealth for islands with Bitcoin, stocks and luxurious villas
My brother is closer to the printer than you all.
That’s why he will get the money first.
And he will bit all of you and get the car!!!
Explaining stidents of the My First Bitcoin 10 weeks education, lesson 5, how inflation and the money printer works.
Runy
BTCCuraçao
#ProofOfWork
#Bitcoin
#Cantillion
Imagine you increase the money in the economy to 3000 dollars. Every student gets 500 dollars. What is the bit gonna be now for the SAME dream car?
Runy
@BTCCuracao
@My First Bitcoin
#ProofofWork
Imagine you auction your dream car. But there is only 30 dollars in the economy. Each of 6 students have 5 dollars.
What is the max bit gonna be?
Runy
@My First Bitcoin
@BTCCuracao
Great exercise lesson 5 of the My First Bitcoin Certification.
I auctioned my dream car.
Runy
Island Wealth
My First Bitcoin
BTC Curacao


Island Wealth


How to install Blink Wallet on your Wordpress + Woocommerce Site?
So you can sell products and services online and boost your circular economy!
To receive funding and grants from your backers for your foundation and create positive social impact.
Let’s Goooooo!
Runy
Bitcointrainingstore
#BTCCuraçao
@BTCCuracao
This video was sponsored by @BTCCuracao
You want to sell your products and services online?
Where do you start?
A digital course (about vibecoading with AI)?
A nostr development course?
A course how to grow your reach on nostr?
Food, cakes, bags.?
Agriculture produce for your circular economy?
Here are some videos we made, sponsored by BTC Curaçao Institute, on how to accept lightning with a Blink Wallet, on a Woocommerce + Wordpress site.
Runy
Our Bitcoin Training Episodes – Bitcoin Training Store
Curaçao, a small island in the Caribbean, is aat the top 3 of the countries in the world accepting Bitcoin!!!!
We are a small population and we have a high percentage of businesses accepting Bitcoin!
#ProofofWork
Proud for the work the Bitcoin Community and Family Peter Kroll is doing.
Runy
BTCCuraçao


BTC Map - Countries Leaderboard
Easily find places to spend sats anywhere on the planet.

“I want to pay with Bitcoin”,
A student of My First Bitcoin, at Esperamos Supermarket Curaçao
#BTC
#Bitcoin
#Curaçao
#MyFirstBitcoin
My First Bitcoin transaction in a supermarket on Curaçao
@My First Bitcoin
Students paying for the first time for real in Esperamos Supermarket!
On of the many stores on Curaçao that accept #Bitcoin
We practice what we teach during the Mi Primer Bitcoin 10 weeks Education Program!!!
Runy
BTCCuracao
Buying goceries at Esperamos Supermarket on Curaçao with students of the My First Bitcoin Education!
When you experience how easy it is you are hooked for ever!
Runy
BTCCuraçao
Island Wealth
Students of My First Bitcoin paying with Lightning wallet at Esperamos Supermarket on Curaçao!
During the lesson 2 we go shopping at a store that accepts Bitcoin.
Runy
BTCCuraçao
#Bitcoin
#Shopping
#Curaçao
In the living room of the Orange House created by Family Peter Kroll, at Eden Mall on Curaçao we drink 2 Teas (2 T) with our students!
We pour the Ts in our Bitcoin cups!
These are not ordinary Ts!
These are the two Ts of financial literacy.
A balance sheet T and an earning statement T!!!
You see the Ts?
You need this to understand assets and liabilities.
You need these Ts (teas) to taste what Fractional Banking is about.
Because once you know these two Ts you know where to put your assets and your liabilities (on the balance sheet) and where to put your revenues and your expenditures, on the earnings statement. Every time you enjoy your breakfast you will now think about your Ts.
I love teaching our students of My First Bitcoin about how banking works!!
And by teaching I learn more!
As an economist with a masters degree in economics you would expect me to know how banking works and how savings are invested.
Guess what: that is not how it works.
Money is created as debt out of thin air! They did not teach me that in Rotterdam!!!
This is lesson 4, about Fiat Money, of the My First Bitcoin. I created a spreadsheet bank for you. Lets say you deposit 1 million dollars.
Have a seat!
Coffee or tea?
Runy
#MyFirstBitcoin
#Curaçao
#IslandWealth
#Banking


This is my dream: a yellow porsche carerra cabrio
That was my dream.
Because during lesson 4 of the My First Bitcoin Education Program where we teach about the Fiat System and Fractional Banking I discussed with my students what an asset was and what a liability was.
I showed them how banks use your deposits to create more debt.
To create money out of nothing and why your liability is their asset.
A mortgage
A bank loan
A credit card
I had to start with assets and liabilities to show them how fractional banking works.
When I discovered Bitcoin I realized that dream car is a liability. That would take money out of my pocket.
Runy
#IslandWealth
#Curaçao


My First Bitcoin had an Educator Training Program!!
Here is my proof of work that I completed it!!
After you do the 10 week’s Mi Primer Bitcoin Certification and graduated as a student you can follow this program and start your own cohort!
You can apply to become a light educational node or a full node, who can vote.
This is how the My First Bitcoin Community exponentially grows around the world. Turn instructors into more students. Turn graduated students that want to teach into certified instructors.
We invest in training new educators.
We invest into using AI for education.
We invest in creating engaging exercises for the lessons.
We open source everything on github.
So if you want to start your own cohort: apply for the next round!
#MyFirstBitcoin
#Certification
#Curaçao
#BTCCuraçao
@BTCCuracao
@Arnold Hubach
@My First Bitcoin


I’m so happy to see the impact that #Bitcoin has in the lives of my students of #MyFirstBitcoin.
So I told them they need to come up with and sell me a service or product and I would pay them 1 dollar! With Lightning!
Here a student who is a gym coach abd trainer sold me an exercise!
And another student sold me a piece of a cake he baked and brought!
I go the extra mile teaching My First Bitcoin.
On small islands like Curaçao, where almost 25% of the households are considered poor, receiving money is not an option or luxury, it is a neccesity!
Not everyone has a bank account! You need 3 past salary slips to get a bank account, and not everybody can provide a formal salary slip!
Many people work in the informal sector, in construction, gardening, cleaning houses, cooking, creating crafts.
Exporting services online and receiving credit card payments online, through your website is not for everybody. As an online digital coach and trainer I can tell you how difficult it was to get this done!
So that is why I train and educate my students to download a Lightning wallet asap and sell something to me.
Are you selling something online?
Are you getting paid in SATS?
Let me know!
Runy
#IslandWealth
#Curaçao
#Lightning
#Bitcointrainingstore
#BTCCuraçao
#ProofOfWork
@My First Bitcoin
Fiat Money
To understand how Fiat Money is used by banks to create more money through fractional reserve banking, I created a bank spreadsheet of our fake Kura Piedra Bank.
You need to understand assets and liabilities.
In lesson 4 of My First Bitcoin we discuss these topics with our students.

The Quantum Performance
High-performance coaching | Discipline | Private training & protection Curaçao 🇨🇼 Bitcoin accepted ⚡
What is money?
Explaining to students in the My First Bitcoin 10 weeks Certification Program what money is.
We use many games and exercises to teach #Bitcoin.
Here you see students trying to barter to the goods they need. They experience there is no coincidence of wants: you are a shoemaker with 1000 shoes and you want fish. And you are a fisherman with 1000 fish and you want bread.
Then using silver coins and golden coins that everybody wants makes the trade easier.
But wait. When you realize that your golden coins can get debased by clipping them and changing the gold for copper.
It all happens through a fast sleigth of hands.
Don’t trust anybody, verify. Don’t even trust me as a teacher. Because I clipped that coin.
@BTCCuracao
@My First Bitcoin
Runy
#BTC
#MyFirstBitcoin
#Curaçao
#BTCCuraçao
@Arnold Hubach
@Huxley