Bitcoin is a system that has a base unit of currency bitcoin with a fixed supply of units.
Money is just something we use in an economy of scale to eliminate the need for a double coincidence of wants.
having a permissionless, verifiable and censorship resistant Network with a fixed supply, allows us to accurately measure the deflationary effects of technology to all equally benefit from the progression we make as a global economy that anyone can freely opt into at anytime, and no one can stop them from transacting, and no one has to trust each other about the money they are exchanging with one another.
So, bitcoin is money. It's ledger is on the Bitcoin Network.
OceanSlim
npub1zm…v7f60
2025-06-10 17:24:03
in reply to nevent1q…8t7m
Author Public Key
npub1zmc6qyqdfnllhnzzxr5wpepfpnzcf8q6m3jdveflmgruqvd3qa9sjv7f60Published at
2025-06-10 17:24:03Event JSON
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"pubkey": "16f1a0100d4cfffbcc4230e8e0e4290cc5849c1adc64d6653fda07c031b1074b",
"created_at": 1749576243,
"kind": 1,
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"content": "Bitcoin is a system that has a base unit of currency bitcoin with a fixed supply of units. \n\nMoney is just something we use in an economy of scale to eliminate the need for a double coincidence of wants. \n\nhaving a permissionless, verifiable and censorship resistant Network with a fixed supply, allows us to accurately measure the deflationary effects of technology to all equally benefit from the progression we make as a global economy that anyone can freely opt into at anytime, and no one can stop them from transacting, and no one has to trust each other about the money they are exchanging with one another. \n\nSo, bitcoin is money. It's ledger is on the Bitcoin Network.",
"sig": "7cd4da2f31c6c5a0e1b9a5c2c0f261269ee664816dab5cfd165e241b9b264b792209002fc147926ccfb0814a329d1a10752e54003237ce64088d2354ff3ecf20"
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