Activity Lesson 5

Store of value and medium of exhange:
Bitcoin cannot be destroyed or banned!

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image
I find this is effective because so many dismissed BTC because they didn’t understand it or take the time to research it’s fundamentals or potential as an absolute game changer.

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Turned out that buy BTC at 40k was a great move :slight_smile:

image
There’s no stopping it now.

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https://www.reddit.com/r/Bitcoin/comments/jyb4oa/as_far_as_bitcoin_memes_go_this_is_the_one/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

This meme shows all of the many misconceptions about Bitcoin and that it overcome them and surmount the dollar as the new standard. I love it.

As more and more institutional money falls into BTC that mainstream opinion of BTC as a valid value holding asset will start to increase. This should have a stabilising effect on the market, limiting volatility whilst gaining more interest from the public at large.

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btc and platypus
I like this one from the last reading assignment.

`BITCOIN DOESN’T CARE IF IT GAINS OR LOSES VALUE. IT REMAINS CALM DURING THE STORMS OF RISING AND FALLING VALUE.[quote=“ElrondHalfelven, post:984, topic:15697, full:true”]
https://www.google.com/url?sa=i&url=https%3A%2F%2Flotr.fandom.com%2Fwiki%2FOne_Ring&psig=AOvVaw1Tdufcq7Y2JJEz6neJUbyJ&ust=1612982375135000&source=images&cd=vfe&ved=0CAIQjRxqFwoTCPDK6-O53e4CFQAAAAAdAAAAABAD BITCOIN DOESN;T CARE IF IT GAINS OR LOSES VALUE. IT REMAINS CALM DURING THE STORMS OF RISING AND FALLING VALUE.
[/quote]

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This meme shows how fiat currency keeps losing it’s purchasing power over time while bitcoin is deflationary asset that gains value over time.

Except, I actually am lol. But It’s definitely a rational, engineer-type, person’s dream monetary system.

Yeah :face_with_hand_over_mouth:


I drew this picture not a long time ago. It is widely referred to the BTC price going up and up (to the Moon).

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Clearly Bitcoin and the blockchain that enables it is like a powerful technology that will destroy the central banking system. Are we ready?

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image Bitcoin is likened to digital Gold But it is beyond digital Gold as it is more scarce and versatile than and maybe more valuable than Gold.

This is a meme for proof-of-work: bitcoins don’t come falling from the sky, they’re mined and resources are needed to do so.

https://i.pinimg.com/originals/90/eb/6f/90eb6fd4764e69f8617f341d72b2794c.jpg

bitcoin meme
#neutrality

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https://imgflip.com/i/4xtoky

I will never ever put my savings in a bank. Instead of earning some peanuts if interest, I prefer invest all of it in real money