1/ It's worth repeating that 1.3 billion suffer under double or triple digit inflation.
This is a humanitarian crisis greater than (but not unrelated to) the lack of access to clean drinking water (785M) or extreme poverty (689M).
But it is ignored by global policymakers 🧵
This is a humanitarian crisis greater than (but not unrelated to) the lack of access to clean drinking water (785M) or extreme poverty (689M).
But it is ignored by global policymakers 🧵
2/ The following terms are not mentioned in the 10,000+ word manifesto of the 17 @UN Sustainable Development goals:
-Democracy
-Journalism
-Privacy
-Elections
-Free Expression
Neither is inflation, which didn't deserve mention by the governments who wrote this document.
-Democracy
-Journalism
-Privacy
-Elections
-Free Expression
Neither is inflation, which didn't deserve mention by the governments who wrote this document.
3/ The massive social damage that high or extreme inflation inflicts on citizens everywhere from Argentina to Turkey to Iran to Ethiopia to Nigeria wasn't on the "Davos Agenda" this year, last year, or the year before.
It's almost as if they don't want to talk about it.
It's almost as if they don't want to talk about it.
4/ The G7 met this month in the UK.
High and extreme inflation were not on the agenda there, either.
The organizers put together a 25 page summary of the proceedings and future goals.
The word inflation was not mentioned a single time.
High and extreme inflation were not on the agenda there, either.
The organizers put together a 25 page summary of the proceedings and future goals.
The word inflation was not mentioned a single time.
5/ Our leaders are abdicating responsibility for helping the 1.3B suffering under high or extreme inflation.
In many cases, they are aiding and abetting the process.
We are being gaslit.
Thankfully, the world now has Bitcoin, which is currently helping tens of millions escape.
In many cases, they are aiding and abetting the process.
We are being gaslit.
Thankfully, the world now has Bitcoin, which is currently helping tens of millions escape.
6/ In many countries with the highest inflation rates in the world--from Sudan to Venezuela to Zimbabwe to Syria--an increasing number of citizens are finding a better money in Bitcoin.
One that can't be stopped, can connect to anyone in the world, and can't be inflated away.
One that can't be stopped, can connect to anyone in the world, and can't be inflated away.
7/ We can wait around for the UN, the G7, Davos, and other world leaders to address the issue of high or extreme inflation.
But we'd be waiting a very long time.
This is why it's imperative to help people around the world learn how to use Bitcoin, if they need it.
But we'd be waiting a very long time.
This is why it's imperative to help people around the world learn how to use Bitcoin, if they need it.
8/ With open-source code, we can do what the elite refuse to do: provide a tool that can actually help people under financial crisis earn, save, and spend.
In sum: if you are in the development field, and aren't factoring Bitcoin into your strategy, the question is:
Why not?
In sum: if you are in the development field, and aren't factoring Bitcoin into your strategy, the question is:
Why not?
• • •
Missing some Tweet in this thread? You can try to
force a refresh
