Bitcoin is a store of value. Have you ever wondered why the Mona Lisa is valued in millions of dollars? It's not just about its beauty; it's because Leonardo da Vinci is no longer alive to create another. A fixed supply is the key to storing value. Bitcoin, like the Mona Lisa, is even better because it's divisible, highly portable, and easily securable.
Bitcoin is also a store of energy. Consider the wealth of Middle Eastern countries with oil reserves; oil stores energy and is transportable. While some nations have vast energy reserves, not all forms are easily transportable. Bitcoin mining, however, solves this issue. For instance, El Salvador mines Bitcoin using geothermal power, making the energy transportable within minutes worldwide.
Moreover, Bitcoin is anti-war. Major wars often lead to high inflation because governments can't fund wars with sound money due to its fixed supply. While human conflicts may persist, a Bitcoin-based economy can help prevent the escalation of wars.
Bitcoin is impartial and resistant to control. Unlike political currencies controlled by governments and influential individuals, Bitcoin adheres strictly to its core principles, regardless of the amount owned by any individual.
In a Bitcoin economy, there's no need for wealth managers, banks, or employees handling money. With Bitcoin, you work, store, and spendβeliminating the need for excessive human involvement in preserving wealth.
Furthermore, Bitcoin promotes innovation. In a world dominated by sound money, people focus on essential needs rather than flashy items. Earning Bitcoin requires innovation and creating genuine value through products, driving continuous progress.
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