Bitcoin is Bitcoin. Many people don’t understand what it is, until it’s too late and FOMO kicks in.
made this in august when microstrategy went public
- New whales are lining up, mass adoption supercycle, strong hands and BBP equiped*
I like this meme as a monetary property and proof of work because bitcoin is indeed and absolutely the future.
Bitcoin is sexier than USD because:
- monetary policy is inherent and perfect
- can be used as an electronic currency with fixed supply
- a better store of value
Bitcoin is gaining value over time. Fiat money is losing value over time.
this is an older meme but it is still very accurate in my opinion
Due to the fixed monetary supply an experienced bitcoin we understands this is an accumulation game. It is inevitable that this will be the dominate, global store of value.
Bitcoin is fungible
Each Satoshi is created equal
A Satishi has no otherwise legal or technical characteristic to make it any more or any less valuable than any other
open markets price discovery neutrality, notwithstanding.
Those shows how the cost of essentials like education are being overwhelmed with inflation compared to other stores of value like Bitcoin. Although Bitcoin has increased substantially, the dollar has not hedged the inflation of commodities like education, housing, food, etc.
Bitcoin has so much potential and people that got in early really benefited. It has the ability to change your life if you see the possibilities it has and learn about it.
Store of value: Investing in bitcoin helps curve the effect of inflation caused by the feds printing
The supply of bitcoin cannot be altered by any central government or authority, which makes it a great store of value.
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Out of the countless crypto memes over the years this is my stand out favorite.
I believe this can tie into Gresham’s law where a defaced currency is spent and the true money is saved. In the video “Hidden secrets of money” this concept is followed up with situation that one gold coin was worth multiple copper coins. We don’t even think about those copper coins as a unit of measurement , store of value, or even currency anymore. However those gold coins that the Athens held long ago still hold value. Right now we are measuring BTC value in dollars but in reality 1 BTC = 1 BTC. Perhaps one day in our life times we will see this transpire.
Bitcoin Pump It Up This video is a bonus to my post. It is a fun one and demonstrates a lot of amusing parts of the crypto community as well as visually representing the differences between Bitcoin and Fiat Currency.
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Driving this makes Bitcoin spending easy