Wrapping your head around #Bitcoin is hard because we have all grown up in a system that uses fake money.
It's normal for us to see the value of our savings disappear over time.
Today, we're taught that inflation is normal.
In fact, some people claim that inflation is a GOOD thing because it forces savers to spend their money.
The reality is inflation is NOT normal.
Prices of goods shouldn't be going up constantly.
Technological innovation leads to lower prices and higher-quality goods over time.
The current financial system would collapse if prices started dropping, so central banks print money to ensure that we don't go into a deflationary period (this is when prices drop).
On top of this, governments continue to go further into debt to push political agendas.
The system isn't broken; it's working exactly as intended.
The average person is meant to be a slave to the elite.
Bitcoin fixes this by creating a new financial system and providing a way to transact WITHOUT banks.
The future is bright when you study Bitcoin.
rajatsonifnance / Rajat Soni, CFA
npub13w…pnp8z
2024-05-08 20:12:17
Author Public Key
npub13wl6gy2kp02zafh6vr8jfh58mzxxeza7as5mmx325xyq9x4z9rxqgpnp8zPublished at
2024-05-08 20:12:17Event JSON
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"content": "Wrapping your head around #Bitcoin is hard because we have all grown up in a system that uses fake money.\n\nIt's normal for us to see the value of our savings disappear over time.\n\nToday, we're taught that inflation is normal.\n\nIn fact, some people claim that inflation is a GOOD thing because it forces savers to spend their money.\n\nThe reality is inflation is NOT normal. \n\nPrices of goods shouldn't be going up constantly.\n\nTechnological innovation leads to lower prices and higher-quality goods over time.\n\nThe current financial system would collapse if prices started dropping, so central banks print money to ensure that we don't go into a deflationary period (this is when prices drop).\n\nOn top of this, governments continue to go further into debt to push political agendas.\n\nThe system isn't broken; it's working exactly as intended.\n\nThe average person is meant to be a slave to the elite.\n\nBitcoin fixes this by creating a new financial system and providing a way to transact WITHOUT banks.\n\nThe future is bright when you study Bitcoin.",
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