3 reasons why #Bitcoin is a moral imperative:
1 - Integrity
2 - Inclusiveness
3 - Ecology
1. Integrity
#Bitcoin is a decentralized monetary system verified by cryptography rather than trust in a central entity such as a government or a bank. Unlike all other currencies, no one can control the issuance of #Bitcoin and use it for their own benefit. It is a cryptographically verified asset that allows the secure exchange of value between two people.
2. Inclusiveness
#Bitcoin gives non-confiscatable private property rights to anyone on the planet, including North Koreans. 8 million people can hold #Bitcoin through a simple mobile app and an internet connection, or by memorizing a password. This is could be very useful for the 4 million people living under authoritarian regimes, especially the half of those people who don't even have a bank account.
3. Ecology
No other global economic system offers either absolute security nor such low energy consumption. For the same volume of transactions and an incomparably lower level of security, the gold industry and the banking system each consume much more energy than #Bitcoin. Furthermore, #Bitcoin is not dependent on power from the public grid. #Bitcoin 's mining incentive mechanism rewards cleaner and more efficient production, which is certainly not globally competitive with public grid electricity.
#Bitcoin has been the major driver of renewable energy technology and the recovery of off-grid energy.
Central banks imply a linear economic model (take, make and dispose) in the management of natural resources.
Coins are restricted without limit, losing their value over time and encouraging consumption. This economic model is unsustainable because it leads to resource savings, and brings distortions to the market that provides economic viability to war between states.
#Bitcoin implies a circular economic model (reduce, reuse and recycle) in the management of natural resources. #Bitcoin has a limit of 21 million coins, appreciating over time, encouraging savings.
This model is sustainable because it leads to an abundance of resources, and it brings clarity to the market that makes war unaffordable between States.
Today less than 20% of people have access to more than 80% of resources, while 70% of people hold less than 3% of economic power. There is no problem of excess population, but of inequality.
Today less than 20% of people have access to more than 80% of resources, while 70% of people hold less than 3% of economic power. There is no problem of excess population, but of inequality.
antonio / Antonio
npub15x…5vyr9
2024-10-01 13:55:01
Author Public Key
npub15x7qu06427c2e8qv0uvfcrc585fykvl9yxr5rh5ttpylud9vz7pqr5vyr9Seen on
wss://relay.nostr.bandPublished at
2024-10-01 13:55:01Event JSON
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"content": "3 reasons why #Bitcoin is a moral imperative:\n\n1 - Integrity\n2 - Inclusiveness\n3 - Ecology\n\n1. Integrity\n#Bitcoin is a decentralized monetary system verified by cryptography rather than trust in a central entity such as a government or a bank. Unlike all other currencies, no one can control the issuance of #Bitcoin and use it for their own benefit. It is a cryptographically verified asset that allows the secure exchange of value between two people.\n\n2. Inclusiveness\n#Bitcoin gives non-confiscatable private property rights to anyone on the planet, including North Koreans. 8 million people can hold #Bitcoin through a simple mobile app and an internet connection, or by memorizing a password. This is could be very useful for the 4 million people living under authoritarian regimes, especially the half of those people who don't even have a bank account.\n\n3. Ecology\nNo other global economic system offers either absolute security nor such low energy consumption. For the same volume of transactions and an incomparably lower level of security, the gold industry and the banking system each consume much more energy than #Bitcoin. Furthermore, #Bitcoin is not dependent on power from the public grid. #Bitcoin 's mining incentive mechanism rewards cleaner and more efficient production, which is certainly not globally competitive with public grid electricity. \n\n#Bitcoin has been the major driver of renewable energy technology and the recovery of off-grid energy.\n\nCentral banks imply a linear economic model (take, make and dispose) in the management of natural resources.\n\nCoins are restricted without limit, losing their value over time and encouraging consumption. This economic model is unsustainable because it leads to resource savings, and brings distortions to the market that provides economic viability to war between states.\n\n#Bitcoin implies a circular economic model (reduce, reuse and recycle) in the management of natural resources. #Bitcoin has a limit of 21 million coins, appreciating over time, encouraging savings.\n\nThis model is sustainable because it leads to an abundance of resources, and it brings clarity to the market that makes war unaffordable between States.\n\nToday less than 20% of people have access to more than 80% of resources, while 70% of people hold less than 3% of economic power. There is no problem of excess population, but of inequality.\n\nToday less than 20% of people have access to more than 80% of resources, while 70% of people hold less than 3% of economic power. There is no problem of excess population, but of inequality.\n\n",
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