śatosha on Nostr: Federal reserve doesn't replace #bitcoin or #bonds or #gold .. it only creates a ...
Federal reserve doesn't replace #bitcoin or #bonds or #gold .. it only creates a supply dynamic ( increasing or decreasing currency supply ) to create a (false ) sense of stability in prices .. against a basket of above-mentioned volatile assets ..
Stability of course has some use - people can plan their retirements - businesses can get into log term contracts ..etc etc ..
The incentive of using currency is it is Tax free ! .. still you should to keep 99 percent of your money in asset form . . #Bitcoin is of course the best because there is no acquisition cost and no minimum threshold .. 100 sats for a penny :-)
Published at
2025-02-06 17:48:26Event JSON
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"content": "Federal reserve doesn't replace #bitcoin or #bonds or #gold .. it only creates a supply dynamic ( increasing or decreasing currency supply ) to create a (false ) sense of stability in prices .. against a basket of above-mentioned volatile assets ..\n\nStability of course has some use - people can plan their retirements - businesses can get into log term contracts ..etc etc .. \n\nThe incentive of using currency is it is Tax free ! .. still you should to keep 99 percent of your money in asset form . . #Bitcoin is of course the best because there is no acquisition cost and no minimum threshold .. 100 sats for a penny :-) ",
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