Inflation: Amazing for a few people who bribed their way to controlling the money printer and don't want to do anything. Horrible for *EVERYONE* else.

#Bitcoin FUD debunked: "We don't know who satoshi is" "We don't know who owns the supply" "Doesn't BTC have 'no utility'?" "BTC can't scale" "Why are so many people 'pumping' BTC?" "Blackrock bad" (pulled from this twitter thread: https://twitter.com/benwehrman/status/1676790550387671040 ) 👇👇👇 "Who is Satoshi?" Doesn't matter, the protocol works. Who is the inventor of the car? The airplane? The phone you're typing this on? It's irrelevant because they WORK, and you can verifiably prove that by looking at it with your own eyes, in the same way that Bitcoin is 100% open-source. "Who owns the supply?" Whoever wants any, because it's open to anyone and everyone to buy. If uneven distribution is what you're worried about, here are plenty of resources breaking down the data (TLDR: it's significantly better than all forms of fiat, like USD & ETH, let alone the fact that increased holdings does not grant the holder more power within the protocol): 👉 whybitcoinonly.com/#Distribution "What does BTC even do" It's an inflation-proof, censorship-resistant, leaderless form of money. This is THE MOST important use case that needs to be filled on the entire planet right now, as bureaucrats and central bankers run amok. Every altcoin advertising other "use cases" are wasting their (and your) time, because all of these utilities can be done more cheaply and more efficiently with a regular centralized database. "How can it scale?" Learn about the lightning network. Too big of a topic to summarize in one blurb, but TLDR is it's "the parcel to bitcoin's container ship". But even if we're playing extreme devil's advocate, and you don't like the lightning network...superspeed scalability isn't even required for the store-of-value use case of layer-1 bitcoin. Additional LN resources: whybitcoinonly.com/#Lightning "Why are so many people pumping it" Because the first (and only) perfectly scarce form of digital property is a very big fucking deal. It fixes a very real (and often life-or-death) problem for millions of people around the world: shitty money that steals from them by design. BTC doesn't just give everyone on earth a liferaft to escape rampant inflation created by degenerate-gambling central bankers, it allows them to exchange value between each other ANYWHERE ON EARTH without needing permission from Jerome Powell, Vitalik Buterin, or any other central banker god-king "Blackrock bad" Bitcoin is an open protocol. EVERYONE can buy it. There is no clause in the code that says "this is only for poor people"...it's a truly open market, and yes, rich people will capitulate into it too. THIS IS WHY bitcoiners are so rabidly trying to get people lower on the economic totem pole on board, to front-run the institutions that will inevitably fly in once they have no other choice.

I've been blessed with so many lucky breaks in my life. Loving family & friends, good health, freedom to travel and expand my horizons mentally & physically... But there is one lesser-acknowledged blessing that may prove to be as consequential as any of the above: Completing my shitcoin phase early. In the last few months, institutional interest in the next global reserve currency has skyrocketed. It feels inevitable that the window of ultra-cheap #Bitcoin    is closing at a rapid pace, despite the price remaining relatively steady. And with the great wall of money approaching, so is the day that those still under the spell of altcoin-mania will be decimated by the brick wall of monetary reality. It's a humbling feeling knowing that if I would've fallen into the crypto hole just 6 years later than I did--a miniscule blip on the timeline of monetary history--I would be oblivious alongside those about to be blindsided by the GigaRug. If you are one of those who've completed their altcoin phase and graduated to #BTC   -only, I want you to give yourself a pat on the back for the hard work, but also take a moment to thank the universe for providing you with that lesson earlier than the masses. If you are not yet #BTC   -only, I am on my knees begging you to cut ties with every garbage-pumping youtuber, read The Bitcoin Standard, and pin WhyBitcoinOnly.com to your browser. We are approaching the conclusion of the "early innings" phase, about to pass into a whole new level where things begin to get much more interesting. I want you to be there with us. WE want you to be there with us. Good luck, and may the gods of accelerated-learning be ever in your favor 🧡 cc @Steven Lubka @HODL @Saifedean Ammous

🇲🇽POV

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