How Bitcoin Changes Your Thinking

By offering a store of value that is not subject to inflation, Bitcoin encourages people to develop a longer-term perspective on their finances and invest for the future. This may also encourage people to take a deeper interest in their health, freedom, and spirituality, as they are not solely focused on immediate consumption.

Furthermore, the diverse community of Bitcoiners, with their varying lenses and interests, creates a rich and dynamic ecosystem that encourages the exploration of different perspectives and ideas. This can lead to the development of new solutions and innovations that have the potential to benefit society as a whole.

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BitcoinRob O'KeefeDeepComment
Is Bitcoin is a Hedge against Inflation?

What does it mean to be a “hedge”? It’s a strategy or choice that offsets predictable for unpredictable outcomes. In this case, inflation can mean “debasement” where the money supply is increased too fast or a related concept where prices of goods and services. The net effect is the same, our stored value is decreased.

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BitcoinRob O'KeefeComment
If you could explain Bitcoin to Einstein, what would you say?

Money is a thread that weaves through society, providing a way for one human to give value to another value. Whether expressed as rare elements, spices, beads, or gold, humans find a commonly accepted thing to use for value exchange and storing value into the future. For thousands of years, money systems worked when the supply was limited but fell apart when the underlying asset was quickly inflated (there are many examples of this throughout history).

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What is Bitcoin in Plain Terms?

Bitcoin is online money, like ApplePay or Venmo. The difference is that in those systems, many companies see your transaction, take a fee, and in some cases might block your transaction. With Bitcoin you can pay someone directly, person to person. This is called “decentralized” and basically means no more middlemen!

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BitcoinRob O'KeefeIntroComment