Activity Lesson 5

1BTC in 2025

I took a picture in 2025, (there’s a course for that too), that shows the value of 1 glorious BT & C, against a hyper-inflated pallet of fiat papers. Nuff said.

NB: Given Chuck Norris mined all of the coins, this picture could be fact checked as missing context.

This picture is the best of all))) Right on!
In my opinion)

Reference to the fact that bitcoin might be a bit volatile, but has an overall increase of store of value making it interesting as money.

Monetary Properties such as store of value which is durable and it maintains it purchasing power. Medium of exchange for it is divisible and fungible. And finally Unit of Account because of its unit of measurement. Bitcoin Altcoins Save the world Bitcoin Stages

proof of work

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Proof that bitcoin is becoming a more sound form of money through network effects and technology. It’s also a great example of how smart people can be so knowledgeable about the history of money and macroeconomics, but seriously underestimate exponential technology.

btc queen

There are no overlords :imp: controlling the BTC blockchain - it is a trustless and honest system

bitcoin.PNG

https://www.google.com/search?q=bitcoin+meme&tbm=isch&chips=q:bitcoin+memes,online_chips:inflation:m5v8yxIxuqM%3D&rlz=1C5CHFA_enIE946IE947&hl=en-GB&sa=X&ved=2ahUKEwj6i9KT893zAhVqQEEAHcMjAOsQ4lYoDXoECAEQLA&biw=2545&bih=1329#imgrc=dcaY32uTtmAx6M

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There’s always a way around and it’s an easy one.

Bitcoin has a deflationary monetary policy, more BTC will continue to be mined but at a decreasing rate with a hard cap just under 21 million. The US dollar’s monetary policy is controlled by the Fed & easily influenced by politics / government, with no hard cap, there is no telling how many dollars will exist in the future.
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Bitcoin acts as an actual store of value by preserving purchasing power over time (compared to fiat currencies being printed out into oblivion)

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apple daily

Apple Daily, a Hong Kong local newspaper published on its front page on 24 august 2020, that “Bitcoin will never ditch you”. This is a monumental representation of how Bitcoin has been embraced as storage of value for the PEOPLE. Everyone can own it and no one can take it away.

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Bitcoin is a store of value and currently doesn’t have the ability to be used on a daily basis for buying goods and services.

It is an irony meme that shows how FIAT money loose value through printing.

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The way we use to do money
The new way money may be done

The monetary policy responsible r this image is being copied by the USD