Bitcoin's value isn't tied to credibility. It operates on transparency and decentralization, unlike traditional banks where illicit transactions might be hidden. This openness is what makes Bitcoin unique.
Paul Krugman is just full of L's
🤌🏻
Did you know that illicit transactions at the volume of 2-5% of global gdp flows through financial institutions annually, and only up to 0.2% is caught?
And that Bitcoin is used by people escaping financial oppression under authoritarian regimes?
www.journalofdemocracy.org/online-exclu...
it won't
More than that.
Oppressed women in Afghanistan, the unbanked, the global south oppressed by the American war machine pillaging resources from them.
www.businessinsider.com/afghanistan-...
bitcoinmagazine.com/culture/bitc...
www.chainalysis.com/blog/africa-...
humanprogress.org/bitcoin-brou...
Nah.
He is beholden to and a product of fiat money and is feeding you bad info.
Sure. Bitcoin is a tool for everyone.
You are only excluding yourself.
Ugh, Paul? Not a good source of info I’m afraid.
Ok let’s do this. I bet we can agree criminals have been using the dollar for the last century in the conduct of their crimes.
And then let’s look at an example on the other end of the spectrum please.
bitcoinmagazine.com/culture/bitc...
A person should not have to be an accredited investor in order to save money.
We are here to change that.
Understood. You are forced to “invest” because you can’t “save”.
And I fear you will stay poor with your ‘necessary’ inflation.
Because they can’t stop it, the only thing they can do is attempt to capture of much of it as they can. Hence the SBR bill.
So you’re cool with a target theft rate of 2%?
And we both know it’s been greater than 2% in the last few years.
I already ran under the Bitcoin tree and it’s fantastic under here where my savings is not being inflated away.
Goods and services.
2025 is going to real nice for those who did the work prior.
Google’s Quantum Computing Leap: What It Means For Bitcoin’s Security
www.forbes.com/sites/ansell... #cybersecurity #quantumcomputing #encryption #bitcoin #Google #Willow
Old FUD. We ain’t worried.
progressivebitcoiner.substack.com/p/bitcoin-a-...
The US government has ran a bipartisan campaign to enrich the oligarchs (i.e. cantillionaires) and destroy the plebeian class through monetary debasement.
This chart is not that old and we’ve already added another 5 TRILLION.
The US government is insolvent.
Operative word: “yet”
The us gov is insolvent and the dollar is dying.
The vast majority of people do not live in countries with reserve currencies, and most live under corrupt authoritarian regimes with oppressive capital controls and outright theft. Bitcoin is a lifeline for millions.
www.amazon.com/Check-Your-F...
True! No one knows the future. We can only analyze past data, create a mathematical model that describes it’s behavior very closely, backtest the model against the old data and watch the new, incoming data continue to fit the power law model. Other than that it’s just a guess!
We’ve noticed a certain book has become hard to find. We believe it should be free for all to read. So we did exactly that. #delaydenydefend #booksky #bookclub #readinglist
cdn.shopify.com/s/files/1/05...
You can acquire by exchanging fiat currency for it on exchanges, P2P exchange for goods or services, or mine it and use the waste mining heat to heat the home in the winter.
