A maximum fixed supply and rising demand. I want more. The first lesson in Economics.
A great example of the monetary value volatility… approx $2.5K spread within a matter of 3 sentences.
Full disclaimer : creativity is not my forte at all. Nevertheless, I took part and created this little meme.
I find that the older people are, the harder it is for them to accept that bitcoin is money (“boomer” reference from the meme). It is understandable considering they have lived so long in the fiat currency system.
The bottom line though really is to understand the characteristics of money to truly understand & accept bitcoin as a standard.
It would be difficult for drug dealers to operate with Bitcoin. Another example that the narrative about illicit usage of Bitcoin is overhyped. There would be no need for the “War on Drugs.”
Bitcoin is limited to 21million coins, what makes him much more stable in the longrun, than currencies, where new money supply is put into system whenever politcians agreed to. Thats why current economic issues can be solved by something stable. BTC is not answer right now, because price discovery will take years, but global adoptions would stabilize the price of BTC.
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.
It communicates that bitcoin is the FUTURE
Limited supply, superior asset.
Neutrality. You don’t have to trust your government. Verify the protocol.
Nice insight. I never look at it these way.
Bitcoin increases over time. But paper money don’t.
Will the USD go the same way?
Fiat money will not be worth more than toilet paper at some point. Might as well let the feline gods have some fun.
Sounds familiar?
People are buying Bitcoin to increase their wealth, there isn’t really any point of selling it right now unless it’s for trades. Bitcoin is a scarce asset unlike the fiat currency that we use.
You can’t really do the same by keeping your fiat currency like dollars or any other. I mean surely you will save some money by not spending it, but it gradually decreases in value over time since there is no limit to the supply.
This link shows how governments at first didn’t understand the power of bitcoin and thought they could ignore it. Now they are afraid of bitcoin.
Drake knows what is up. The US Dollar is losing it’s value fast and cannot be saved. Bitcoin on the other hand is gaining value fast and is leading the future of finance.
One of bitcoins monetary property advantages over fiat currency is the inability to print more of it, since only 21 million bitcoins can exist and it is not controlled by a central government that can increase supply and destroy its value.
Illustrates you have to actually do something of value to get value. It cant be created out of thin air or by turning on a printing press