Forever the ‘Scarcest Asset Ever’
By April 2024 Bitcoin had already replaced Gold as the World’s Scarcest Asset, only 15+ years after it’s 2009’s Genesis Block.
By 2035, 99% of the entire supply will be issued. As it recently eclipsed 95%, are you bullish enough?
CLASSIC PROPERTIES OF SOUND MONEY
- Scarce: Forever Fixed Supply, instantly verifiable, without cost ⚡
- Portable: Easy to store and move, with negligible costs⚡
- Divisible: 1 Bitcoin = 100,000,000 Satoshis (Sats), further divisible by 1000⚡
- Durable: Exists without wear and tear, infinitely⚡
- Fungible: Every Sat has equal value and always interchangeable: 1 BTC=1 BTC⚡
- Acceptable: Everyone, anywhere, can send and receive native internet currency⚡
- Permissionless: No one can prevent Bitcoin transactions from being sent or received = censorship resistance that can never be de-banked⚡
- Unconfiscatable: When properly secured nobody can take Bitcoin you control⚡
Study Bitcoin, then study more
Experience financial freedom that’s uncensorable, unconfescatable, and unstopable . As the First and Only Finite Commodity, Bitcoin resuscitated Hard / Sound Money that grows exponentially like the PC, cell phone, Internet, Amazon, Apple, or Google before it, that’s backed by the most powerful, secure, un-hackable network ever created.
As Inflation melts the purchasing power of a dollar faster than an ice cube, thank the US government for printing money out of thin air to the tune of $38 Trillion since Nixon de-tethered the US Dollar from Gold ala WTF Happened in 1971! Don’t wait until the US dollar collapses before protecting you and your family. Study then save in Bitcoin today.
Bitcoin is native internet Money that makes wiring expensive cross-border payments via SWIFT an antique notion, unless you enjoy the US Government being able to prevent you from using it or seizing it, like the US did to Russia, spawning BRICS.
Bitcoin is naturally evolving as Native Internet Currency for instant payment, as the ‘Lightning Network’ fulfills 1997’s ‘HTTP 402: Payment Required’ placeholder within the HTTP standard. It also divides a Satoshi into a 1000 individual, programmable units called MicroPayments that AI models require to interoperate our future world.
Only Lightning enables Retailers to receive Instant No Fee Payments that settle like Cash, and the latest BOLT12 advancement, ‘Offers’ represents the disruptive technology to make expensive bank debit cards obsolete and power Bitcoin over $1,000,000 sooner than you may imagine.
KEY BOLT12 ⚡IMPROVEMENTS:
1) Reusable (Static) QR Codes: BOLT 11 invoices are single-use and expire quickly, requiring a new one to be generated for every transaction. BOLT 12 offers are static, persistent, and can be displayed indefinitely on a website, flyer, or a physical point-of-sale system, making them ideal for donations, tipping, or recurring payments.
2) Enhanced Privacy: BOLT 11 invoices contain the recipient’s node ID, which can expose their identity and payment history to the sender and network observers. BOLT 12 uses onion messaging and blinded paths to conceal the recipient’s node identity, allowing the sender to route the payment without knowing the full path or final destination, which significantly boosts transaction privacy.
3) Support for Complex Payment Models: Offers can support a wider range of payment scenarios, including:
– Variable Amounts: The amount can be specified in a fiat currency and updated at the time of payment based on the current exchange rate, or left as “pay-what-you-want”.
– Subscriptions/Recurring Payments: The static nature allows for automated recurring payments.
– Refunds: The protocol allows for a secure, private, and efficient refund process, which was previously a major headache for merchants.
– Payer Proofs: BOLT 12 allows the payer to prove that they made a specific payment, which can be useful for resolving disputes or proving payment for an order, which is not possible with standard BOLT 11 payments.
Bitcoin is IT to the Penny’s demise, so now I’ve become SatWise!
