Let’s say market price of beef & butter is 1,000 & 500 Sats/pound, respectively.
We don’t have any #Bitcoin, but I have 1 pound of beef & you have 2 pounds of butter.
We can still use #Bitcoin price signals to negotiate a rational price.
1/2 lb of beef for 1 pound of butter.
This is why I say #Bitcoin price signals scale faster than UTXOs.
In a true free and open market where producers can directly barter with each other, workers don’t need to actually own #Bitcoin directly to use Bitcoin price signals to facilitate a fair & rational trade.
#Bitcoin is backed by random acts of honest work.
This randomness is essential to Bitcoin’s Patient Ferment Power Law Mental Model, which has yet to be invalidated after 15+ years of Bitcoin’s existence.
I might be the only person who understands this… for now.
😉😏🫡
Some people like to contribute their resources to the Church.
Some people like to contribute their resources to the State.
I like to contribute my resources to #Bitcoin because it’s better than any economic incentive system that the Church or State has ever come up with.
#Bitcoin cannot truly set us free until we abolish Income Taxes, Social Security, Medicare, The Fed, and the Fake Fiat Debt.
You can disagree and bitch and moan about it all you want, but the Truth doesn’t care.