https://pixabay.com/photos/bitcoin-cryptocurrency-digital-2007769/
Reasons why I hold BTC.
- I don't have to pimp my information to VISA and God knows who else everytime I buy a sandwich.
- It takes 10 minutes to send 10,000 BTC. And 10,000 minutes to send $10 (weekends included).
- I can actually own a ton of bitcoin. I can't actually own a ton of gold.
- Bitcoin transactions are transparent. Bank transactions are transpar...nah, I’m just playin’.
- Bitcoin is operated by consensus. Fiat is operated by conglomerates.
- In the famous words of Andreas Antonopoulos (paraphrased): "Your keys, your money; not your keys, not your money."
- 21 million bitcoin, that’s it! 2.1 trillion dollars; 3.1 trillion; 4.1 trillion...aye, who’s counting?
- I send BITCOIN (data) from Me to You. I send FIAT (data) from Me, to Processor, to VISA, to Bank, to SWIFT, to Bank, to VISA, to Processor, to You.
- Bitcoin uses Proof of Work. Governments use proof of inflation.
- Bitcoin is Trustless. Fiat is Less Trusted.
- Bitcoin builds value. Fiat builds devaluation.
- Bitcoin uses a blockchain. Government uses Fractional Reserve Banking.
- Every bitcoin is accounted for. Every dollar is not (velocity of collateral).
Stay frosty people. Thanks for reading.
50% allocated to ph-fund.
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