Tokonomics of Gold ..
Check out first article in this series
In next article , I shall explain how this is linked to #Bitcoin - why did #Satoshi chose 21 Million !……»
How many people know how central banks work ? #askNostr
Same number of people should know how #bitcoin works ..
For rest of us it is as simple as a #zap ..
Easier…»
#bitcoin education explains why #gold is perfect money ..
#zaps allow #plebs to acquire #gold - previously limited to wealthy .. and move it at speed of internet ... #digitalEnergy……»
Bill Gates rezigged #Microsoft around internet - but that was ugly and quite ineffective .. saving grace was Azure and Xbox ..
Satya wont be able to pivot to #bitcoin because he is…»
Five thousand years from now, people may think #Unix just evolved .. and #bitcoin just happened ..
Just the way we think "text" simply evolved without anyone putting in special…»
#nostr figured out the method to take #bitcoin to #plebs - using tools such as #lightning and #zaps
#Microstrategy figured out the method to sell #bitcoin to ultra rich for a…»
Rich people are paying huge fees for investing in #bitcoin
For #plebs it is FREE
#stackSats
Btw - this idea is first in the world of investing 😁 - letting poor cumulate money…»
The purpose of #Bitcoin project ( not #bitcoin) is to peg currencies back to #gold standard.
The project is currently in beta stage .. early investors are guaranteed 10x return on their…»
Today's peg
One #sat = 0.01 mg of #gold + fees
#Gold = $83400 per ten million milligrams.
#bitcoin = $93,400 per humdred million #sats
Is my math right ? #askNostr……»
There is going to be 210 million tonnes of #gold by 2034
And 21 million #bitcoin
1 Bitcoin = 10 kilos of gold 🪙 #2034
The rate of discovery of new #gold…»
A tree grows as much as the roots .. more they spread more do the branches ... and the leaves !
#Lighning #Liqid #Nostr #LNsats #stackerNews and thousands more alike ....are the roots…»
#bitcoin and #gold are treasury assets ..
They should be directly under secretary of treasury.. not #SEC or #CFTC
#strategicReserve
-> Common sense dictates that Bitcoin may not be compared…»
Entry barriers for asset acquisition :
A condo in a good city - 100 K US - 6 % fees
Invest in early startups - a million dollar US and register as an accrediated investor…»