boilroaming on Nostr: Fiat vs. Crypto vs. Bitcoin: Fiat allows the elite to print money out of thin air and ...
Fiat vs. Crypto vs. Bitcoin:
Fiat allows the elite to print money out of thin air and control the rules.
Crypto allows anyone to create money out of thin air, but the creators of the project can pre-mine coins, often holding more than half, which lets them control the rules.
Bitcoin is different—no one can create money without expending energy, and no one controls the rules.
Published at
2024-08-15 23:14:06Event JSON
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"pubkey": "161f7811f7cd94ed443432c426db840e307db6ec2968e02ade9c0cec5997cba8",
"created_at": 1723763646,
"kind": 1,
"tags": [],
"content": "Fiat vs. Crypto vs. Bitcoin:\n\nFiat allows the elite to print money out of thin air and control the rules.\n\nCrypto allows anyone to create money out of thin air, but the creators of the project can pre-mine coins, often holding more than half, which lets them control the rules.\n\nBitcoin is different—no one can create money without expending energy, and no one controls the rules.",
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