Is it a mere savings tool for you? Has it helped with international payments? Pay off your house? Support your business?Evade censorship?
Share a cool story about why you Bitcoin.
I’m personally just a mere pleb saving for my children’s future.
33 sats \ 0 replies \ @DiracDelta 11 Jul 2023
I was one of four people who developed the world's highest performance structural aerospace parts manufacturing technology... if you have not done something like that and had to bear witness to the fiat world as I have, the misallocation of capital (and its extent) is mostly just theory to you.
You likely cling as I did to the notion that the foolishness has its limits, but piece by piece, that glimmer of delusion was ripped away from me.
Few will truly understand, and I am happy most do not need to go through what I have gone through to appreciate Bitcoin. Though this is why I have so little tolerance for the "bitcoin moderates".
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41 sats \ 3 replies \ @lawndough 11 Jul 2023
In order of importance to me:
-Saving for my own future and my children’s future.
-Enabling global human flourishing, especially in places where governments have failed the people in their local currencies.
-Removing small groups of humans from controlling the money supply, thus ensuring a fair playing ground for all humanity to transact value.
-Supporting the transition to non-fossil fuel energy.
I don’t have any cool stories other than I have realized there was a problem in how I was saving for the future by blindly throwing money at index funds hoping to get a return that beats inflation, while not knowing anything about what companies I’m actually invested in. I shouldn’t have to gamble to maintain or grow my purchasing power across decades.
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21 sats \ 2 replies \ @tulun 11 Jul 2023
How does bitcoin support the transition to non-fossil fuel energy?
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10 sats \ 1 reply \ @SwearyDoctor 11 Jul 2023
solar and wind aren't time-use-efficient. They produce when the sun is out or the wind goes, with no regard for when energy is needed. You have to build a LOT more than what equals average capacity for average use, and then, it still won't produce if there's 0 sun/0 wind. That makes it a very expensive investment to make while it also means it will produce unused leftover energy lots of times.
Cue bitcoin mining, which can make this a way better investment it otherwise would be, and can use leftover energy that would otherwise just dissipate unused. Projects that wouldn't make sense before an attached miner now do make sense.
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0 sats \ 0 replies \ @lawndough 11 Jul 2023
Yup
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28 sats \ 0 replies \ @0xIlmari 11 Jul 2023
First, it's the best savings technology available. Once I realized the extent of theft perpetrated by the state upon its citizens, it was the only logical conclusion.
Second, I am hoping for hyperbitcoinization and that my stack will 100-200x in purchasing power in my lifetime, guaranteeing a luxurious retirement.
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28 sats \ 0 replies \ @pillar 11 Jul 2023
Freedom.
I think society needs free people that are willing to fight back authoritarianism. To act as a counterweight to the increasing power of the modern state and the cantillionaires.
Bitcoin is a freedom tool for these rebels.
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8 sats \ 0 replies \ @2bithits 11 Jul 2023
For me its a fascinating savings technology.
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11 sats \ 0 replies \ @SpaceHodler 11 Jul 2023
The state has abused me. Bitcoin is my response.
Every time they do something I don't like, I buy more, apart from my daily DCA.
To starve that cancer.
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1 sat \ 0 replies \ @Coinosphere 11 Jul 2023
I need bitcoin to take the power of fiat printing away from the states, first and foremost. I don't just 'want' it or 'hope for' it, I NEED it. I've been working towards that goal for longer than bitcoin has existed. I know what kind of evil is done with fiat and don't want to live in this world any longer.
Otherwise, yeah, I need bitcoin the savings tool. That's important too, countering inflation. But payments and remittances is something the global south (formerly the 3rd world) needs, not us 'muricans.
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0 sats \ 0 replies \ @Undisciplined 11 Jul 2023
Honestly, I don't really need Bitcoin, but I recognize that other people do and that it will make the world a better place.
I've come to believe that creating a parallel economy is the best way to defeat the current ruling elites and Bitcoin really strikes at the heart of their source of power, which is unlimited financing and Cantillon Effects.
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