make bitcoin money again:
in a free society people barter goods for services, goods for goods and vice versa. a dentist gets half a cow for his service, a carpenter gets five chicken for his work. what if the dentist has already enough meat in his freezer and no meat fits in? the carpenter has no space for the additional chicken. he needs to find someone to barter the chicken with.
these problems created money. a neutral exchange of funds, no matter what a business partner has to offer.
every single money in history became corrupt and finally ended. the usd, eur and many other currencies will end in the same way as the argentine peso and the venezuelan bolivar: as worthless toilet paper.
what money will the world use? new created money? based on what?
bitcoin was designed as P2P money by satoshi nakamoto, as a means of exchange for goods and services between people without middlemen and without third parties. he crated bitcoin in the massive bank fraud of 2009 when the world economy came to a standstill.
today bitcoin is not used as money. it was hijacked by politicians who want to extort a certain value of it, whenever it is used. it cannot be used as money because it can be tracked and traced. it has no privacy (as written in the whitepaper of satoshi nakamoto). some voices who own a lot of bitcoin call for bitcoin as a store of value in order not to anger banks and central banks and in order to show them that bitcoin can coexit with them.
bitcoin was created to replace the banks and above all the central banks.
it must be the primary goal of everyone who owns bitcoin to replace banks and central banks.
in order to replace banks and central banks, bitcoin must be used as money.
in order to be used as money, bitcoin must have privacy like fiat cash.
the current narrative of a store of value does not work. bitcoin has lost (net)value in the last three years.
all hopes for the halving, for the bitcoin etfs got destroyed. bitcoin does not perform.
bitcoin is proof of work. it does not matter how many bitcoin anyone has, the influence is not greater than someone with much less bitcoin. the community has the power, not single bitcoin rich characters. this is the case for proof-of-stake networks: the richest people win.
therefore we should all strive for a change .
we need to make bitcoin great again
we need to make bitcoin money again. it was money, you could pay for almost everything with bitcoin. those days are over. almost no company accepts bitcoin any more.
we need to push for privacy and for fungibility.
what do you think?
dr.fred /
npub1he…ymce6
2024-08-21 02:13:08
Author Public Key
npub1heysg4r5mq354k7n3hlk0wae4c4x6p5kh7qfu38fe5f24s82vvvqxymce6Published at
2024-08-21 02:13:08Event JSON
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"content": "make bitcoin money again:\n\nin a free society people barter goods for services, goods for goods and vice versa. a dentist gets half a cow for his service, a carpenter gets five chicken for his work. what if the dentist has already enough meat in his freezer and no meat fits in? the carpenter has no space for the additional chicken. he needs to find someone to barter the chicken with.\nthese problems created money. a neutral exchange of funds, no matter what a business partner has to offer.\nevery single money in history became corrupt and finally ended. the usd, eur and many other currencies will end in the same way as the argentine peso and the venezuelan bolivar: as worthless toilet paper.\nwhat money will the world use? new created money? based on what?\nbitcoin was designed as P2P money by satoshi nakamoto, as a means of exchange for goods and services between people without middlemen and without third parties. he crated bitcoin in the massive bank fraud of 2009 when the world economy came to a standstill.\ntoday bitcoin is not used as money. it was hijacked by politicians who want to extort a certain value of it, whenever it is used. it cannot be used as money because it can be tracked and traced. it has no privacy (as written in the whitepaper of satoshi nakamoto). some voices who own a lot of bitcoin call for bitcoin as a store of value in order not to anger banks and central banks and in order to show them that bitcoin can coexit with them.\nbitcoin was created to replace the banks and above all the central banks.\nit must be the primary goal of everyone who owns bitcoin to replace banks and central banks.\nin order to replace banks and central banks, bitcoin must be used as money.\nin order to be used as money, bitcoin must have privacy like fiat cash.\nthe current narrative of a store of value does not work. bitcoin has lost (net)value in the last three years.\nall hopes for the halving, for the bitcoin etfs got destroyed. bitcoin does not perform.\nbitcoin is proof of work. it does not matter how many bitcoin anyone has, the influence is not greater than someone with much less bitcoin. the community has the power, not single bitcoin rich characters. this is the case for proof-of-stake networks: the richest people win.\ntherefore we should all strive for a change .\nwe need to make bitcoin great again\nwe need to make bitcoin money again. it was money, you could pay for almost everything with bitcoin. those days are over. almost no company accepts bitcoin any more.\nwe need to push for privacy and for fungibility.\nwhat do you think?\n",
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