Arthur Amendt on Nostr: freedom, truth, and a better future Let's all use bitcoin to exchange goods or ...
freedom, truth, and a better future
Let's all use bitcoin to exchange goods or service
Lately I prevented a few people from investing their money in alt coins. It is hard to explain to people why I only use bitcoin and why I am not using all the 2.4 million other tokens. Sure liquidity plays a role (Bitcoin is 57% dominate), but mostly it is because of security. If any of the other coins / tokens get close to spending 15 Giga Watts of power (if Alberta uses over 12 GW there are black outs) to secure its coin, let me know. Even though Ethereum and Solana (1 kW) might get an US ETF, that doesn’t mean they are not a fiat token. Centrally controlled coins are a disaster in the making.
In only 15 years bitcoin became an election issue. Both Trump and Kennedy speak highly of bitcoin, but Kennedy actually understands the asset. Bitcoin allows for more freedom, especially in a dictatorship but also in a democracies. Bitcoin is about having hope for a better future. It is about slowing down the beast mentioned in the book of Revelation. Bitcoin is fundamentally about truth; whereas fiat is fundamentally about authoritarianism or “I am from the government and I am here to help”.
Most people understand you can’t get something for nothing, but what they don’t usually get is who they are hurting via vi the getting stuff for free. Are you putting your future at risk because you are bringing future potential into the present? Remember after bank failures comes central bank failures. For example: Handing money out to seniors is putting more of a load on the working class, but it is worse than that, the child bearing class of people have less incentive to raise kids. Over leveraging your banks or your government central bank causes less security for you and your countries’ bank. If you understand that you are well on your way to becoming a bitcoiner. Fiat currencies were made to fund wars. Perhaps we should continue to love each other and strive to bring out the best in our fellow man. John 13:34-35
This weekend I well be driving the train for the Peace Gospel Jamboree. Stop by and mention bitcoin and you can get 10,000 sats ($10) for free.
Published at
2024-08-01 13:25:26Event JSON
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"content": "freedom, truth, and a better future\nLet's all use bitcoin to exchange goods or service\nhttps://m.primal.net/JlEI.jpg \nLately I prevented a few people from investing their money in alt coins. It is hard to explain to people why I only use bitcoin and why I am not using all the 2.4 million other tokens. Sure liquidity plays a role (Bitcoin is 57% dominate), but mostly it is because of security. If any of the other coins / tokens get close to spending 15 Giga Watts of power (if Alberta uses over 12 GW there are black outs) to secure its coin, let me know. Even though Ethereum and Solana (1 kW) might get an US ETF, that doesn’t mean they are not a fiat token. Centrally controlled coins are a disaster in the making.\n\nIn only 15 years bitcoin became an election issue. Both Trump and Kennedy speak highly of bitcoin, but Kennedy actually understands the asset. Bitcoin allows for more freedom, especially in a dictatorship but also in a democracies. Bitcoin is about having hope for a better future. It is about slowing down the beast mentioned in the book of Revelation. Bitcoin is fundamentally about truth; whereas fiat is fundamentally about authoritarianism or “I am from the government and I am here to help”.\n\nMost people understand you can’t get something for nothing, but what they don’t usually get is who they are hurting via vi the getting stuff for free. Are you putting your future at risk because you are bringing future potential into the present? Remember after bank failures comes central bank failures. For example: Handing money out to seniors is putting more of a load on the working class, but it is worse than that, the child bearing class of people have less incentive to raise kids. Over leveraging your banks or your government central bank causes less security for you and your countries’ bank. If you understand that you are well on your way to becoming a bitcoiner. Fiat currencies were made to fund wars. Perhaps we should continue to love each other and strive to bring out the best in our fellow man. John 13:34-35\n\nThis weekend I well be driving the train for the Peace Gospel Jamboree. Stop by and mention bitcoin and you can get 10,000 sats ($10) for free.",
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