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2024-12-06 12:36:42

maiakee on Nostr: •Bitcoin supports both free capital flow and independent monetary policy: 1. Free ...



•Bitcoin supports both free capital flow and independent monetary policy:
1. Free Capital Flow: Bitcoin operates on a decentralized network, enabling global transactions without intermediaries like banks, allowing unrestricted movement of capital across borders.
2. Independent Monetary Policy: Bitcoin’s supply is fixed at 21 million BTC, with no central authority controlling its monetary policy, unlike traditional currencies subject to inflationary policies and interest rate changes.

This makes Bitcoin unique, as it allows both free capital flow and independent monetary policy to coexist, which traditional fiat currencies cannot achieve due to the Impossible Trinity.

•The strengths of Bitcoin lie in its ability to provide global accessibility (enabling cross-border transactions without intermediaries), inflation resistance (with a fixed supply that is immune to central bank policies), decentralization and security (protecting against manipulation and ensuring transparency), and economic sovereignty (allowing users to control their own wealth without reliance on central authorities). These features make Bitcoin a powerful alternative to traditional financial systems, offering greater freedom and stability.

#Siamstr #bitcoin #btc #nostr
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