If you're in the US or various other first world countries who's fiat is at the top of the fiat pyramid, and you have confidence it will remain that way, then the reasons for Bitcoin being useful will be harder to understand.
It's global. It's available to the unbanked. It's available to anyone. It's inflation resistant. It's essentially what everyone wanted banks to be, when they were backed by gold. Instead of gold, Bitcoin is backed by energy.
cloud fodder
npub10n…ztl5h
2024-01-25 23:48:47
in reply to nevent1q…87lf
Author Public Key
npub10npj3gydmv40m70ehemmal6vsdyfl7tewgvz043g54p0x23y0s8qzztl5hPublished at
2024-01-25 23:48:47Event JSON
{
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"pubkey": "7cc328a08ddb2afdf9f9be77beff4c83489ff979721827d628a542f32a247c0e",
"created_at": 1706226527,
"kind": 1,
"tags": [
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[
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"content": "If you're in the US or various other first world countries who's fiat is at the top of the fiat pyramid, and you have confidence it will remain that way, then the reasons for Bitcoin being useful will be harder to understand.\n\nIt's global. It's available to the unbanked. It's available to anyone. It's inflation resistant. It's essentially what everyone wanted banks to be, when they were backed by gold. Instead of gold, Bitcoin is backed by energy.",
"sig": "997b91057a0abb0cf4466ff937e5c74fc12991740f5556ebe7cabab29c0bc43a065fc34590edb73df8e85f03032e5adaba4a2436d0cfcfaead4e0fe232d8a026"
}