Once the US Dollar was no longer limited to the amount of Gold in the possession of the United States Treasury, it lost its limitation on its supply. Once that happened, we had to “trust” that the US Treasury and Federal Reserve Bank would not create too much additional money. This is ”Why #Bitcoin.”

Saudi Arabia deciding to end the 50 year petrodollar agreement is a huge blow to US Dollar as the global reserve currency. This plus the continued debasement will further weaken USD. Perhaps it’s time to look into #Bitcoin I believe the Saudis ditching the petrodollar system is MAJOR step away from USD fiat hegemony. I also believe the US can maintain its global leadership roll by fully embracing #Bitcoin. #Bitcoin mining defending cyberspace (see Jason Lowery) and stacking #Bitcoin in the US Treasury.

Bizcommunity

Saudi Arabia has announced its involvement in Project mBridge

Saudi Arabia has announced its involvement in Project mBridge...

You have a problem. That problem is inflation. The solution is #Bitcoin. I wrote a article for the pleb / noob. Feedback welcome! Don't worry, it is short. Please read and let me know what you think.

Going Longardi

Why you need Bitcoin NOW! | GoingLongardi

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Saudi Arabia deciding to end the 50 year petrodollar agreement is a huge blow to US Dollar as the global reserve currency. This plus the continued debasement will further weaken USD. If you haven’t already look into #Bitcoin 

Bizcommunity

Saudi Arabia has announced its involvement in Project mBridge

Saudi Arabia has announced its involvement in Project mBridge...

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Forged in the fire of fiat monetary debasement. #Bitcoin

I don't want to think about US national debt and the resulting debasement, but we have to recognize the problem if we ever intend to solve it. The solution? #Bitcoin . Just buy and hold. That's it. Ignore the noise (alts, runes, ordinal, etc.). Do your own research and buy #Bitcoin. FULL STOP. H/T @Bitcoin Magazine

At the base, #Bitcoin was created to solve the problem of the violation of trust by Central Banks (FED, ECU, Bank of Canada, etc.); which is monetary debasement (creating money from nothing). Like it or not, WE ALL NEED Bitcoin.

While I don’t know if #Bitcoin will reach $1,000,000 in 18 months it is possible in the face of US monetary debasement via massive overspending and borrowing. The US debt is out of control and that directly weakens the dollar which causes inflation. I’m heavily relaying on #Bitcoin. https://www.forbes.com/sites/digital-assets/2024/05/27/janet-yellen-issues-serious-34-trillion-warning-as-bitcoin-predicted-to-surge-to-1-million-price/?sh=3e087ed943be

Jake Dimon may retire early. Great! This is the same person that says #Bitcoin is only good for tax evasion and illegal activity but is also an Authorized Participant for the #Bitcoin ETFs.

JPMorgan Chase CEO Jamie Dimon, 68, hints he'll retire sooner than expected | New York Post

A healthy pullback in the proce of #Bitcoin is good as it cleanses the degen leverage. And look 👀 it's already starting to recover. Enjoying the "cheap" sats. Stack accordingly.