With the US printing some much money during this pandemic seems appropriate
I think one of the most feared features of Bitcoin is its volatility, that makes is hard for people to think of it as money. But, as the Platypus article explains, the problem is that it is being analyzed from the wrong perspective.
When you finally understand what is real money and how todays financial system is structured and Realize what Bitcoin is and how it works you feel liberated!
Bitcoin transfers are fast, cheap and unstoppable.
This image is relevant to the platypus reading. BTC is a whole new asset class, and because of this it has been troublesome for the masses, especially wealth managers, to wrap their heads around it. It’s all changing now though
I liked this one. I like the idea of depreciating the currency so inflation doesn’t run out of control. I also like how there can be a better answer to the current financial crisis we are facing. What I like the most is that it challenges the thought that all currency has to come from a bank or government.
Encapsulates the monetary policy component of Bitcoin at least
Decentralized store of walue, that is secure, fast to transfer, and no goverment can ban.
I think we totally overlooked one practical benefit.
This meme demonstrates Bitcoin’s monetary property of store of value, as it shows that Bitcoin absorbs as much value as is given to it.
Bitcoin provides privacy and cant be confiscated.
I like this one because as the money printer prints and the central banks flood the market with CBDC our bitcoin still has all the same value it had before.
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Once they told me who is behind BTC;)