Home Bitcoin News Why Anybody Would Spend or Sell Bitcoin (BTC)?

Why Anybody Would Spend or Sell Bitcoin (BTC)?

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A Bitcoin Enthusiast expressed:  I can’t for the life of me understand why anybody would spend or sell Bitcoin.

Bitcoin enables the marginal cost of transacting monetary energy to be near 0. Bitcoin allows deflationary abundance where free-market economics will drive prices down and let the money work for people without a centralized authority by scraping fees from the poorest users.

Robert Breedlove, a freedom maximalist who believes that Fiat currency is falsehood, feels Bitcoin Honest Money. He has been educating the world by hosting the “What is Money” show.

He broadcasts the “The Saylor Series.” In a recent episode, Robert Breedlove and Michael Saylor have explored the various layers of the fiat currency complex, why it exists, and how it is an utter failure for humanity, thereby making a case for Bitcoin as ethical Money.

The conversation covers what is Money? NYDIG, The purpose of currency, fiat currency applications, and inflation is the major problem of fiat; fiat enables government confiscation, the conundrum of Money, fiat hypothecation and authentication, restriction on fiat transfer volume, impedances are property rights impairments, fiat transportation credit and securities risks, The base layer of fiat is defective, The application layer of fiat is random and manual, no financial or moral integrity, the two fundamental shortcomings of fiat, the high-frequency final settlement creates reality, the space-time constants” for crypto assets, what happens when you triple gravity, the Reynolds number, and fluid dynamics, Bitcoin is the E= MC squared of Money, the fundamental basics of integrity, constantly changing rules create insanity, Bitcoin is the digital monetary virus, the living truth nebula, the path to ideal technology for Money and Robert’s Outro.

Michael Saylor tweeted:  Monetary Theory, The Fiat Standard, Base Layer & Application Layer Protocols and Shortcomings, Perils of Defying Gravity, Final Settlement with High Frequency is Reality, Dangers of Playing God, Engineering Insanity, Creating a Stable Crypto Universe, The Path to Ideal Money.

Community response:  Posted an image of a woman burning tons of legal paper money during the hyperinflation of the German currency in the 1920s. The paper money was cheaper than wood or coal, and families used it to fuel their fires. At the time, an American dollar was worth 800 million German marks.

Bitcoin is getting back to the principles of money” This is what always comes to my mind thinking about bitcoin. Bitcoin is very, very simple. It’s just perfect Money. No more, no less. Fiat, on the other hand, is a complicated nightmare.

All the implications of building on top of good Money can be complicated and far-reaching, don’t get me wrong. But Bitcoin itself is beautifully simple.

 

 

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Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

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