Dear #Australians under the influence of flipping #Rumble and #YouTube (read: 'Screw'-gle #ScrewTube),

If you and think you know what is going on in the world…

If you think gold is a good #storeOfValue, but you don't know about how the #UK has been stealing #Venezuala's gold, how gold is mined with child labour and toxic chemicals, how gold is seized, etc.

Then please do your damned homework!

#whyBitcoin

> re thread management

Lookup "hellthread [mastodon,fediverse]". We've seen ppl using maybe an online viewer.

> housing

@localish Is completely right about housing being used for investment/speculation rather than housing, and that money is a driving problem.

When the so-called "#money" is not a store of value, everything else *becomes*/takes on a #StoreOfValue. Its one of the reasons we are supportive of bitcoin/monero.

What country are you in, localist?
@koherecoWatchdog @mangeurdenuage

@Ludo
Communication and more broadly nutrients for people are lubricant and fuels for an society/economy. Money is just a #StoreOfValue, a #StoreOfProofOfWork. You can use that or you can use your labour to trade. We don't strictly need money but most people find it helpful.

What bitcoin does is monetizes two things found in #nature; energy and #entropy (a physics word for #randomness).

#whatIsBitcoin #howDoesBitcoinWork

1/6

@pyre35
To be fair, its doing a great job of being digitalDecentralised #storeOfValue, without the whole (#USDollar) thing that wastes entire countries — #menWithGuns.

Definately its doing something special and important.

Remember that #Wikileaks were forced to turn to #bitcoin because they were #deplatformed from the legacy #bankingSystem.

@fcktheworld587
Bitcoin is a shallow pool of mostly younger folk who may be manipulatable.

Also highly dependent on #Cloudflare.

Apart from those two issues it has major advantages over other #storeOfValue. Metals like #gold, seem to depend heavily on a #paperMarket and other issues that lend itself to abuse. Bitcoin and most crypto we've seen are designed to negate those issues.

@dirtbag_anarchist
Bitcoin is not in anyway propped up by #USMilitary, that is a conspiracy that is not worth 14 seconds to respond.

The US does a good job at creating wars and assasinating leaders whenever they think of not using #USD, and clearing through NY.

And gold is far worse that bitcoin in term of slavery/mining/transportation/energy/centralisation and more.

Bitcoin is not a #MediumOfExchange. Other systems and/or Layer2 handle that. Its a #StoreOfValue and the best there is.

@nicksellen
The whole #homeowner thing is similar. They own property as #investments and as a way to avoid paying any #tax, rather than the other way around (the more valueAdded #land/ #realEstate a person owns the more they should pay in tax).

These people are entitled too. "Why should I not be able to buy properties for my kids?!"

Its like the #monopoly game, the faster you buy and build the more you can extract from the #pyramidScheme.

#Est1971 #stonks #whyBitcoin #storeOfValue

Does anyone put it past the #USA to start a war with #China to distract from #bitcoin. We believe soon its going to be seen as the primary #storeOfValue and #mediumOfExchange?

Maybe we are cynical - or painfully logical.

#distraction #geopolitics #usd #moneyPrinterGoBrr #jobkeeper #jobkeeperScam #uselessJobs