This obviously references bitcoin’s disinflationary characteristic. Unlike fiat bitcoin has built in scarcity while fiat, which is not backed by anything, can be created infinitely.
Bitcoin is value dense and will soak up all the value it’s thrown at it. No point in holding worthless fiat. 100 million Sats is 1 BTC, got to keep stacking Satoshis.
The monetary properties of bitcoin ensures that the value that I’m storing is not stolen.
I save my value in bitcoins and spend for my basic necessities in fiat.
Freedom vs control and system
Reading about how Bitcoin is a platypus that defies standard classification (which may illustrate why it’s so hard to explain to others whom I speak with) it made me think of this old Dr Pepper soft drink sales pitch from many years ago:
https://www.youtube.com/watch?v=4uS11PTiXqQ
Kinda what has been happening with the people interested in accumulating good money across history, repeating itself with BTC nowadays
Most people who don´t or didn´t even try to understand assume bitcoin is a scam, because it is just too good to be true!!!
nice one m8! That´s a really good meme u found there! Soon We´ll be able to buy an island with 1 BTC haha
Keeping fiat currency is like a liability, you might end up spending more and more money overtime due to inflation and your $20 present value would diminish overtime. However, Bitcoin is like an asset on its own the difficulty mining the currency makes it more and more desirable by the masses and the idea of no government authority backing it up makes it even more desirable to keep as an asset.
In the beginning of 2017 bitcoin was cost less $1000.
Shut up already!
Where some panic, others are happy and buy the dip
https://twitter.com/LinaSeiche/status/1407351193492504583?s=20
The idea of money need to be centralizade AND government need to created when really menoy can be descentralized AND has not main director or bank
https://media.tenor.com/images/0c089c4fae938ce589029f06bde3d80e/tenor.gif
Bitcoin is changing the world forever and its for everyone.
This image illustrates that Bitcoin doesn’t care if it used to be a store of wealth, a means for goods and services, or for something else. It really is dependent on the one who uses it.
This