J_BIACK on Nostr: Really, but in a country like mine (Brazil), it's best to accumulate as much Bitcoin ...
Really, but in a country like mine (Brazil), it's best to accumulate as much Bitcoin as possible, like a bear preparing for winter. This becomes even more relevant when we consider the growing pressure from authorities to reduce or even eliminate physical currency. The government, in attempting to fully digitize the economy, seeks greater control over financial transactions and, inevitably, over its citizens. Digitalization makes traceability easier, giving the state more power over individual economic activities.
When we talk about the end of physical money, we're talking about even greater centralization of monetary power, where all transactions can be monitored and controlled. In this scenario, Bitcoin emerges as a key alternative to protect financial freedom, as it operates on a decentralized network without intermediaries.
By accumulating Bitcoin, people can prepare for this "winter" of monetary control, safeguarding their wealth in an asset that resists censorship and government interference.
Published at
2024-10-24 18:19:00Event JSON
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"content": "Really, but in a country like mine (Brazil), it's best to accumulate as much Bitcoin as possible, like a bear preparing for winter. This becomes even more relevant when we consider the growing pressure from authorities to reduce or even eliminate physical currency. The government, in attempting to fully digitize the economy, seeks greater control over financial transactions and, inevitably, over its citizens. Digitalization makes traceability easier, giving the state more power over individual economic activities.\n\nWhen we talk about the end of physical money, we're talking about even greater centralization of monetary power, where all transactions can be monitored and controlled. In this scenario, Bitcoin emerges as a key alternative to protect financial freedom, as it operates on a decentralized network without intermediaries.\n\nBy accumulating Bitcoin, people can prepare for this \"winter\" of monetary control, safeguarding their wealth in an asset that resists censorship and government interference.\n\n",
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