Activity Lesson 5

Proof of Work Bitcoin is its own Eco System that regulates itself.

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We will not stop until the world is decentralized. We will not stop until the digital scarcity becomes the one and only standard of how to define the true value.

HW
Decentralization being the future of the money system

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It’s funny because I got into this investing. I don’t have a lot, but investing all the same. I would love to have all the “gold chains”. The irony however is that it is all about the technology. The technology to save commerce and save people when the current trajectory of the financial institutions reach their inevitable destination.

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The monetary inflation declines over time. Supply is increasing at a decreasing rate. Hence, perceived legitimacy, leading to business adaptation and user adaptation, in turn leading to hoarding. Furthermore as the btc price leads to mining profitability, hashing power, and the security of the networks. Moreover the over-arching marketing plan and the strategic implementations therein.
Therefore, fractional reserve banking cannot develop…
In conclusion, Yoda represents wisdom and patience and is analogous with btc hoarding. .
Best Regards,

References

Retrieved From: https://media.makeameme.org/created/btc-i-5a4428.jpg
Retrieved From: https://nakamotoinstitute.org

@poolcleaner82
Thank you for your contribution to our activity. I love this meme. I remember the same ♀ woman in a Sharepoint meme.
Best Regards,

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¨People come for the gains, stay for the revolution¨

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Fiat-Bitcoin

It presents the idea that Bitcoin is superior in very simple terms. (I.E. Drakes Approval)

This is effective because it stimulates interest and is also very accessible/understandable. This format could spur enough curiosity that someone new to the crypto space may research more.

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I saw this meme with the caption “when someone tells you bitcoin isn’t safe” which made me laugh because bank account information is stored on people’s phones, laptops, in their wallets, etc. I compare this to the process of getting bitcoin on a Ledger Nano S for example and can clearly see which one is the safer method.

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The bitcoin halving cycles hard code a supply limit of 21 million bitcoin. There is only a scarce amount of bitcoin in existence and it will never increase past the supply limit. Also, Bitcoin is leaving exchanges into cold wallets like never before and becoming increasingly rare as many bitcoin have been lost over the years. With this in mind, you should always have a chunk of bitcoin that you have decided that you will hold onto forever because someday it will be very hard to get a hold of. “Just HODL it”

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bitmeme
When your friends realize it was in fact a Platypus… :moneybag: :eyes: :rocket: :hourglass_flowing_sand:

“The eyes only see what the mind is prepared to comprehend.”

Encouragement to approach Bitcoin with an open mind, overcoming the initial cognitive dissonance of the psychological hurdle that comes with contextualizing Bitcoin as an asset. It’s important to form an opinion by taking small snippets of time to understand the history and potential future of the evolution of currency as it impacts one’s daily life. Or of course, find your local time machine and do it later.

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Bitcoin is deflationary,got digital scarcity, is a completely neutral technology and breaks the states monopoly of creation of money and it’s value. Exactly what we need!

https://www.google.com/url?sa=i&url=https%3A%2F%2Fsteemit.com%2Fbitcoin%2F%40itzloloman%2Fbest-btc-advise-memes&psig=AOvVaw3Czgd4eEz4DvYuhHcRyBpq&ust=1615478932338000&source=images&cd=vfe&ved=0CAIQjRxqFwoTCID_iomOpu8CFQAAAAAdAAAAABBN

Bitcoin has PoW and looking back historically any money we had was backed up by work. Fiat is an anomaly that will end and people will return to hard money.

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This communicates that no matter how much fiat currency is printed, it'll never be enough to top bitcoin. It's effective to show that bitcoin is leading the way in the war of money.

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Governments are powerless to ban the decentralized network of bitcoin.

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Eventhough people tend to get rid of depreceating assets first. Retailers won’t want to accept dollars that are becoming a liability

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The meme shows the idea that fiat currency decreases in value due to government inflation, whereas Bitcoin holds it value because of its cap and deflationary properties.

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image Bitcoin , a sercure digital asset and a finite supply along with consensus, is the ultimate store of value.

Bit coin has a fixed eventual supply of 21,000,000. Therefore each Satoshi will retain purchasing power, unlike the modern fiat currencies, of which the supply is periodically expanded.