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Jeff Swanson
@theswansjr
Helping you build wealth & freedom with Bitcoin. Simple advice. Real results. Habits that work. Escaped 9–5 with Bitcoin. You can too. ↓ Free Newsletter
参加 August 2023
386 フォロー中    14.8K ファン
Normie Logic: Bitcoin is an abstraction but my bank balance is a representation of the amount of dollars I have to spend. Reality: You don't "have" dollars. You have permission to access a digital ledger entry. Permission that requires the bank to stay solvent, the government to not freeze your account, the FDIC to honor its backstop, and the Fed to not print your purchasing power into dust. That's not "having money." That's renting access to a database controlled by people who can change the rules mid-game. Bitcoin? You hold cryptographic proof of ownership enforced by thermodynamic security. No "business hours." No freeze button. No middleman. No permission. Your bank balance is a harder abstraction to defend than Bitcoin because it relies on institutions staying honest. Bitcoin just works.
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