asourcefamiliarwiththematter on Nostr: I'm saving metals disks and not Bitcoins. My money is already where my mouth is. ...
I'm saving metals disks and not Bitcoins. My money is already where my mouth is. (Although I do have a few thousand sats from nostr tips)
I am confident that literally any material will outperform Bitcoin over 50 years.
Why?
Because there are no Bitcoins. It is a ledger that tracks nothing, just like USD and EUR. Satoshi owes all of us a bunch of coins for what we've mined for him, but he won't & can't pay because Bitcoinium doesn't exist. Just like Uncle Sam can't & won't pay gold because Uncle Sam owes more gold than has ever been mined.
You left the fiat cult and joined the same cult. Your tokens are backed by the full faith & credit of Uncle Sat.
Published at
2023-08-31 13:45:50Event JSON
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"content": "I'm saving metals disks and not Bitcoins. My money is already where my mouth is. (Although I do have a few thousand sats from nostr tips)\n\nI am confident that literally any material will outperform Bitcoin over 50 years.\n\nWhy?\n\nBecause there are no Bitcoins. It is a ledger that tracks nothing, just like USD and EUR. Satoshi owes all of us a bunch of coins for what we've mined for him, but he won't \u0026 can't pay because Bitcoinium doesn't exist. Just like Uncle Sam can't \u0026 won't pay gold because Uncle Sam owes more gold than has ever been mined.\n\nYou left the fiat cult and joined the same cult. Your tokens are backed by the full faith \u0026 credit of Uncle Sat.",
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