The hardest thing to understand for people is Bitcoin not backed by anything for Black Swan days coming,but Fiat money is coming from Central banks backed by FED which in worst scenario printing the Fiat money.
June 2020, we have Corona, and I try to tell my father his funds for retirement are not save, but with 70 years of experience, he just knows paper money and there never has been a problem. If you don´t take a step back, acknowledge history, you are living in a bubble. Now the times begin when kids educate themself in the internet and try to convince the parents, just like Friday for Future activists are doing.
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But bitcoin is only used by drug dealers and terrorists! (…and dollars aren’t??)
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I used to think the $ was the strongest of all currencies, then I starting asking myself questions like “what is a currency” and “what is money”? I’ve been hodling ever since.
Because bitcoin is not only real money, unlike fiat currency (that has no store of value), it will also give us our freedom back.
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This meme expresses the freedom from the control that banks have over your money. Any funds deposited into your account is available instantaneously.
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It takes time for some people to believe the Bitcoin has a value.
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Bitcoin inflation (or deflation) is not compromiseable while fiat currency will most like end up at zero value.
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This Meme encapsulates the desirability of the properties of Bitcoin - limited supply and store of value - versus the properties of fiat currency, USD in particular - unlimited supply and a diminishing store of value. It also shows the fear that any fiat currency will likely have when compared to bitcoin; i.e. look at the ban coming in India and Russia.
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This one hits home for me…
This meme is referencing popular 80’s classic “Back to future” and dialog between two main protagonists who could time travel. It communicates bitcoin’s amazing price appreciation since its early days. It also indicates bitcoin durability and promotes long term HODL as highly successful investment strategy.
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