Activity Lesson 5

BTC-Meme

[Link to image reference] (https://blog.lolli.com/content/images/2020/07/mat.png)

This meme encapsulates the evolution of fiat monetary system to digital money with Bitcoin. It emphasises that one needs to wake up and see that the world is changing and Bitcoin offers a solution to the current failing fiat system and those who remain in it will eventually go down with it and those who transition will evolve and survive the financial crisis and reset.

Neutral, you can be anyone on the planet; and widely accessible, for as long as you have an internet connection.

bitcoin india

Since Bitcoin is not controlled and issued by the state, they are trying to get a share of the “pie”.


This compares the diminishing value of inflated centrally controlled fiat vs the increasing value of disinflationary monetary system such as Bitcoin.

This communicats the origins of miners of the past and future. With technological advancements miners are computing via telecommunications methods. They are an important roles that allows for money to be used by everyone. And now transactional processes of crypto worldwide.

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Proof of work

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This meme is meant to communicate how in recent times, record inflation and debasement of the U.S. dollar has made Bitcoin a lot more attractive to buy, invest in, and use as a new form of banking. It’s purchasing power hasn’t lost in any degree, whereas the U.S. dollar has been decreasing in what it can buy since money printing was created (and a lot more so recently).

As far as monetary properties are concerned, we have a way to go before the older generations hop on board, but we know the advantages to the people far outweigh any risks. Therefore, our belief will shape Bitcoin as a currency.

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I feel that this encapsulates this course pretty well. I think it fits well with the videos presented in this course and how the Feds are devaluing our currency.

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Someone found the FBI's Bitcoin wallet and now people are sending mean  notes to it - The Verge

Free from govt control

proof of work man doing work and neutrality - no banks required.

Very current, very true.

And another sentence i will add here :
El Salvador --> Banking the unbanked. / Canada --> UN-BANKING the banked.

Our gouvernments are just Abraham.

https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRGxq_IYeBG8Hf37SqlV-teYIMb6noJOYw63g&usqp=CAU
Bitcoin is deflationary. Its potential future value is still worth investing in for quite some time.

This meme showcase one of the security aspects of bitcoin. A longer chain is “winning an argument” against a shorter one.

image
rise after rise , year after year, you are still early to the party, bitcoin will still rise and surprize many people


Bitcoin mining - Proof of Work! I don’t have any other comment to this meme, it says for itself.

Bitcoin meme 2022

People are starting to realize the value of bitcoin, welcome to the club!

https://www.reddit.com/r/bitcoinmemes/comments/rg86wj/dont_worry_just_buy_the_dip/?utm_source=share&utm_medium=web2x&context=3

Bitcoin Bounce-Back (BBB)…BTC may fall but it will rise up bigger and better each time.