MultiversX Tracker is Live!

Bitcoin for beginners, explains the shortcomings of the Fiat System, and why Bitcoin exists in the first place.

Bitcoin Reddit

More / Bitcoin Reddit 193 Views

Bitcoin for beginners, explains the shortcomings of the Fiat System, and why Bitcoin exists in the first place.

Natalie Brunell, a Bitcoin educator, explains in plain English about the problems of our Financial Systems, and what sound money should possess as its properties -
- Durability
- Portability
- Fungibility
- Salability
- Scarcity
- Divisibility

Also explains the problems of Fiat currency, how it leads to inflation, and why printing money out of thin air leads to currency debasement and loss in purchasing power.

Shares the stories of -
1. Roya Mahboob, Afghanistan
How she was able to pay her female employees who couldn't have bank accounts with Bitcoin.
2. Win Ko Ko Aung, Myanmar
Used Bitcoin to escape imprisonment and certain death from dicatatorship when they enforced bank account siezures.
3. Farida Nabourema, Togo
Used Bitcoin to help activists in her country to raise their voice against dictatorship.

---

Its a great read for people who are on the fringe and still anxious about whether to test the waters.

submitted by /u/sajalsarwar
[link] [comments]

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments