Activity Lesson 5

Central banks fear it because it makes their printed paper less valuable.

Perspective is in the eye of the beholder.

BTC is thee most awesome way to store and transfer value in a low cost, decentralized, trustless, and most secured fashion.


store of value, digital scarcity , deflationary = time matters, difficult to create

It’s only a matter of time

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BITCOIN HAD TO BE ALIENS - Ancient Aliens

In the hunt for the creator, everyone is a suspect

Cryptocurrencies can’t be controlled by governments because they’re on a decentralized public ledgering system.

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it can’t be destroyed unless everyone stops using the bitcoin blockchain.

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

image Monetary property…proof of value…we already are losing value with fiat due to monetary policy of Fed, whereas math and physics is not biased.

bitcoin meme

This highlights the fact that Bitcoin cannot be censored. As bitcoin has no central authority where Bitcoin accounts are stored then governments or law enforcement have no method of seizing assets.

This meme communicates very clearly that as the dollar has become less valuable, Bitcoin has increased in value so rapidly that it now makes a joke out of the dollar in it’s height.

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image

Will the real money please stand up?

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Secretary of Treasury Mnuchin and FED Chair Powell overlook President Trump who overlooks and learns about Bitcoin’s intact monetary properties, policy and neutrality, as put forth in one of the greatest works of our time on the subject, “The Bitcoin Standard”. These are three players who have continued the debasing of the fiat, U.S. dollar, thus adding to a global financial catastrophe since most of the world is tied to the “value” of the USD. Fiat currency in general having been not backed by work, created out of thin air, BTC’s fixed amount leads to a more stable non-inflationary option. Along with the PoW it takes to create and possess BTC in stark contrast to the button the FED pushes to create more liquidity in the USD. BTC is far superior to any fiat currency and our political and monetary leaders better take heed. But then again, they are always looking to protect their own interests and gold and crypto present a threat to their current system based on credit and debt that they can control…so this ride will be interesting.

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bitcoin is the people’s weapon against power

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This meme will probably outdated by early next year once regulations kick
in and a new breed of financial advisors are given new creative incentives.

Bitcoin can’t be created out of nothing. It requires proof of work and must be validated in the blockchain

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Makes sense because a lot of people still thinks that Bitcoin is cannot be treated as money but in truth it is and can be exchange to a rate nobody can imagine.

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Is time for a trustless ,immutable & Secure money

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The many properties of BTC

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