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∞/21 million: The equation that solves everything
I don't get why this concept is so hard to understand for anyone because there is nothing simpler than this. I guess it's due to the complexity and nature of operation of the banking system, that we have lost the ability to understand simple things and the fact that a public blockchain ledger can work better than your bank account. That's the only answer I can think of.
Oh yeah! The fact that this does not go well with the mainstream narrative because apparently, the only use of this, according to them, is money laundering and to fund illegal activities. Meh! 😏
Well, all heinous wars, terror attacks and crimes happen due to the capability to create money out of thin air whenever needed. When governments can print tons and tons of money to save a country from their own actions, it's our hard-earned money that is being devalued, and we have no say in it.
Ever wondered where they get the money to wage endless wars when people are starving and homeless? I believe I've answered the question already. Because money can be created when needed. Fiat is literally funding every war right now while we all are deciding Israel or Palestine.
Then everyone wonders why the price of everything is going up infinitely and just get's used to it because 'It's just inflation'. Like it's something that's normal and has no implications on everyday life.
Ever heard of the term Fractional Reserve Banking? I guess not. Not the average person. Because they missed that part in school. I don't know how. But when they told us history was important, which was all lies anyway, didn't anybody think of teaching the history of money? Because that's why you're getting an education, right? To make money at the end of the day. I guess they just wanted us to know who killed how many so that we keep hating one another to the end of eternity.
If you still don't get it, I'll break it down even more. You cannot create Bitcoin out of thin air, unlike fiat. It is finite with a supply cap of 21 million coins that will ever exist. Out of this, 19,744,128 has been mined as of now with the rest being able to be mined only in the next 100 years. This is coded at the heart of it and cannot be changed. That's the beauty of it.
You don't need to trust it. Because it is supposed to be a trustless, permissionless and transparent system for people to send and receive value without a middleman.
Think of blockchain as a ledger that's everywhere and nowhere at once. It's like if every time you wrote a note, everyone in the world got a copy, and changing one note would require changing everyone's copy. Secure? Yes. Annoying for forgers? Absolutely.
I believe everyone will eventually realize. Everything happens at the time it is supposed to. Just like me discovering how fiat actually works because I started educating myself on Bitcoin.
Bitcoin takes you into rabbit holes you never thought existed. Once you realize this, you will never look at money the same way. Wish you all the luck in your journey to find out that your whole life was a big lie. But trust me, you will come out as a different person who sees the world differently.
That's when you arrive at the ultimate truth that it is us—humans—that are capable of fraud, but an open-source code isn't. It has integrity.
#EthicalMoney #Bitcoin #FinancialFreedom
Image by: @BitcoinMagazine

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