Because it is hard money that cannot be copied or printed. And because it is slowly becoming a unit of account. Plus many more reasons that I could go on about.
Activity Lesson 5
the only danger with bitcoin is not having it , no matter when you buy it…some uneducated friends are like… this digital coin thingy… its not a real coin, it will never catch on… so i ask them if they write letters or send emails and texts? and leave it at that !
Bitcoin is the future whether we want to believe it or not. Like Morpheus says it who wants to stay in the vicious circle of the bankers financial system when the other option is Bitcoin.
This perfectly captures BTC’s valuation in the decreasing purchasing power of fiat currency. Or the ‘store pf value’ aspect.
This just gives a perspective of how value is being transferred at an increasing pace into Bitcoin and cryptocurrency. It’s a paradigm shift that is inevitable due to the compounding effect of human error and greed. Without decentralization or a balance between both centralization and decentralization, the majority will suffer and this is how the majority will fight back. It is inevitable
This meme talks to many people who think of bitcoin as just an investment vehicle for maximizing your stores of fiat currency. It reminds them that bitcoin (and cryptocurrency) is a better alternative and eventual replacement for fiat currency. It IS real money, better money than dollars.
This highlights the unsound monetary policies of central banks and instability of national currencies when they are backed by nothing, and and the soundness of Bitcoins monetary policy and backing by POW and demanding that all who participate in its network have FULL reserves for all accounts.
although people are waking up to the demise of fiat currency and starting to try to find a real store of value. The common misconceptions of people who do not understand bitcoin or block chain.
Out of the numerous inherent qualities of Bitcoin, one of my favorites has to be the fact that my slice of the pie, and by extension, the value of my time, won’t keep getting infinitely smaller every time the money printer goes brrrrr. Even better, the trickle of supply is completely transparent and immutable.
Also, Gresham’s law.
Nope, it’s never too late! BUY and HODL! Bitcoin’s supply is Fixed, and Demand is still increasing
- Bitcoin as Money
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.
Don’t trust Verify
With bitcoin, all transactions are recorded on the blockchain and the system doesn’t rely on trust but relies on math to verify the Transactions.
I loved this movie! Sadly, this may be the case for people that are at present figuring out which phase of the transition we are in and how the transition will affect their financial choices in the near future. A conversation about the history of money may be a better conversation starter.
Nobody can’t ban Bitcoin as it’s not not a company. It’s a worldwide network
Well, I think everything is already said in the meme. Now we know that it’s both and same time
It shows how low is inflation of bitcoin compare to USD
Bitcoin due to it’s characteristics will be increasing in value. It’s inevitable.
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
- Cryptocurrencies have been threatened at one point or another by nearly every country on the planet. Rarely does a government venture beyond rhetoric. Those resorting to crackdowns are often met with greater public appetite for decentralized virtual money, making all that initial fuss an exercise in futility. Be they communist strongholds or liberal democracies, bitcoin cannot be stopped.
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.
With Bitcoin, there is no SWIFT blocking solution to countries that America does not like.