Replies (32)

“Money is an essential tool for any large-scale cooperation. It is a measuring device, a solution to the problem of barter, a vehicle to store your wealth over space and time, and many other things. In short: money is essential for a complex society to function.”
Jason 's avatar
Jason 1 year ago
Thanks @Gigi It’s so hard to reach those closest to me to hear my heart… Me: “Family, I wish above all things that you may prosper! and be in good health, so you may experience an increased quality of life.” Them: “ It’s sounds like a pyramid scheme to me…”
“While the [economists’] lingo is fancy, the repercussions are simple: an essential tool of our civilization [i.e. money] is bent and distorted.”
“People have been thinking that bitcoin is too expensive since its inception. It will always be too expensive if your perspective is still rooted in fiat money.”
“Bitcoin is… the only serious contender for digital scarcity. It has the best network effects, the highest liquidity, and the highest security by many orders of magnitude.”
“Currently, you are still able to exchange other money for bitcoin. In the future, you will probably have to earn it. Think of it this way: if the trajectory that Bitcoin is on continues, there will never be a bad time to exchange your fiat currency for bitcoin.”
Loved it, Bitcoin is expensive, sats are cheap! Crazy how even at time of ✍️ writing, sats are becoming not cheap 😳
“Exchanging your fiat money for bitcoin is a move from an inherently unstable system to an anti-fragile one. It is wealth insurance and a vote for a better, more honest base layer of society.”
graffiti's avatar
graffiti 1 year ago
This isn't a dancing tiktok video. Useless.