Its decentralized and they can’t stop it. It shows that the goverment are ignorant on how this tecnology works
ICOs might be dead, but in other words the excuses trotted out by investors on the ICO bingo sheet remain as true today as ever.
This is me every time Bitcoin dips over 5%. Choosing to gradually buy Bitcoin is slowly changing the monetary policy of the fiat system you’re accustomed to the PoW system Bitcoin is based on.
The technology is pretty revolutionary, but we’re all here early as well for the transfer of wealth that’s going to occur when the rest of the world realizes Bitcoin is a better store of wealth than any existing fiat currency, and everyone starts transferring all their fiat savings into Bitcoin.
This meme covers at least 4 of the monetary properties all at once: widely accepted, common & accessible, durable, maintains purchasing power.
1 Like
Right now Bitcoin is really just a store of value.
yes; all the issues that we are facing could be solved by a digital money with its own Central Bank (BCB) and limited in supply and it’s own transaction system ( blockchain instead of SWIFT with double dipping fees)
and won’t be use to fund war or bailout the “big to fail”; fund unnecessary wars; corrupted officials that preserver their status quo (lobbying, inside trading, fiat and fractional money)
join the resistance
1 Like
It doesn’t matter what happens to fiat/where you live, Bitcoin is accessible to anyone with internet and will remain neutral.
1 Like
I find that a lot of people get FOMOed into investing in cryptocurrency but has no knowledge about it. Therefore, many people end up buying high out of greed, and selling low out of fear. Including me.
Bitcoin is deflationary in terms of circulating supply so the price will rise and stabilise over time.
Change is inevitable. Bitcoin is inevitable. Many people do not like change, but it is for the greater good. The questions is how long will it take to fill the education gap that exists where people believe their dollar is actually money.
Its immutable currency and that is what makes it so attractive to me . It cannot be debased or controlled by anyone.
We would like to accelerate BTC deflationary future process
I liked this meme because the currency knows that more and more people are turning away from Fiat and moving to Bitcoin.
1 Like
The reality of Inflation vs Deflation and how the Dollar has been losing purchasing power ever since it wasn’t backed by gold vs how Deflation looks and how BTC purchasing power has only increased therefore protecting you since 2009.
1 Like
I think this nicely sums up the gist of this course! As more of the shortfalls of fiat become obvious, the more attractive the allure of bitcoin becomes.
No outside control from governments. No way to end it.