,
5 tweets,
2 min read
Read on Twitter
1/ Yes, as bitcoin continues to be a better money than gold or government fiat, it continues to increase economic opportunity for all savers. These savers had previously been forced to make hasty and dubious investments to keep up with inflation.
2/ With bitcoin, savers can wait years or even decades for the right investment opportunity, rather than having to settle for whatever is available when they have disposable income.
3/ When savers can wait to convert their money into higher quality capital goods, everyone benefits from greater economic opportunity: entrepreneurs, consumers, and employees.
4/ Bitcoin also removes the greatest source of inequality in history: seigniorage revenue from government fiat money printing (figurative), which has also financed horrific wars.
Again, bitcoin is inherently good for peaceful commerce and economic opportunity.
Again, bitcoin is inherently good for peaceful commerce and economic opportunity.
5/ We do need to see more #BUIDL of bitcoin’s scalability and privacy, full node software and hardware, education about bitcoin tech and personal finance, ecommerce applications, mobile wallets, and private key management, etc.
Thank you @mikejcasey for inspiring this thread!
Thank you @mikejcasey for inspiring this thread!
