Activity Lesson 5

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I found this one very entertaining. Expresses the monetary side of Bitcoin wonderfully with a little societal twist.

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5bEGgqZEHBMe6s3wiPgGLGMfvig9QShSZU5pqHX1YYALSbGqJBWXyN6qzEo6P7ePtXqTpzRHjC4vPvPcVgddeCKnjhZLuJy4

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btc meme

Any time I see fiat currency now :eyes:

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Current Financial System


verses
Bitcoin

An unsustainable monetary sytem verses real money.

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Be your own bank .

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Screen Shot 2020-07-01 at 12.17.16

No one has control over your btc. You are your own bank.

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:rofl: :joy: :rofl: hahah made me laugh

This meme shows the increasing purchasing power of BTC through time and how it is a store of value people are less likely to spend. MV = PQ. Basic economics.

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It communicates monetary policy. People will try and keep the most valuable money. The expectation of what will happen with bitcoin makes it so people don’t want to spend it. This is called Gresham’s law.

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One for the old school here…

How did they know back then? :thinking:

This is just great. When people tell you Bitcoin is shit because it fell from $15000 but doesn’t see the bigger picture where it came from.

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[quote=“Arami_Alfarhani, post:1, topic:15697, full:true”]
Find or create a meme that communicates an aspect of bitcoin (i.e… monetary properties, monetary policy, proof of work or neutrality). Post the meme/gif or a link and add a 1-2 sentence description of what aspect it communicates and why you think it’s effective.
[/quote]


When you think you know how Bitcoin would behave…


Waiting for the bottom could age you pretty quick. Just DCA!

download

This meme communicates across on what Fed is currently doing which is printing more currency. It will only lead to devaluing the dollars whereas, “plan B” is the only true platform to avoid hyperinflation, debasement, or any central governance manipulation.

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Find or create a meme that communicates an aspect of bitcoin (i.e… monetary properties, monetary policy, proof of work or neutrality). Post the meme/gif or a link and add a 1-2 sentence description of what aspect it communicates and why you think it’s effective.

https://images.app.goo.gl/RYcVSapvWrL2dkiT8

I know this one is used a lot, but it’s fitting for 2020 and maybe one day we can look back at this time and just smile. So, “money printer go brrr” because with the current fiat system, there is absolutely no PoW. All fiat is as soft as soft can be, so why require any work to have new dollars when the government can just print them to infinity, or better yet, add a few 0s on a computer screen and WHA LA! Like magic.

btc-meme
I believe that the neutrality aspect of Bitcoin’s transactions is fundamental to the store of value property, because if you need to store a big portion of your wealth, you know that the transaction fees will be insignificant. This property is though decreasing the appeal for merchant adoption, but this is a trade-off that I think is good overall.

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working hard in 10 minute blocks. Steady pace…not even close to the money printers going brrbrrrrr

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477ymh

Unbelievable that people thinks the paper in the pocket will always retain value
and even more that governments didn’t react to Nixon’s speech ending the convertibility of $US dollars to Gold.

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The constant money printing devaluing the world’s currencies has created the huge wealth gap and crazy inflation . Bitcoins 21 million cap fixes this .

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