there is infinite money in your computer/smartphone/etcyour job is to figure out which buttons to hit in what order to get it out ...

“Bitcoin won’t become money,” according to the Professor of Economics, Banking and Finance, @jbhearn.Can $BTC ever truly fulfill the original vision?@rkbaggs, @gazza_jenks, and @ZVardai discuss it today on Chain Reaction 👇https://t.co/c15I7WsyIi ...

Credit and Debt Dynamics - The US economy's total credit is approximately $50 trillion, significantly exceeding the total money supply of about $3 trillion [1] - Credit's impact is contingent on its use; it is detrimental when it fuels unsustainable overconsumption but beneficial when it efficiently allocates resources and generates income for debt repayment [3] - Borrowing facilitates increased spending, enabling incomes to temporarily outpace productivity, though this is unsustainable in the long term [2] Economic Cycles - Credit creation fosters self-reinforcing economic patterns, but borrowing inherently generates cycles, necessitating eventual corrections [5] - The economy demonstrates how credit amplifies spending and income, illustrated by examples of individuals leveraging credit cards to spend beyond their immediate earnings [4][5]

JUST IN: Coinbase CEO Brian Armstrong says "Bitcoin is probably the best form of money ever created."https://t.co/uLdni23zqT ...

Bitcoin Fundamentals & Philosophy - Bitcoin is presented as a solution to the problem of fiat currency debasement, offering a parallel system where money cannot be inflated [8][9] - The core issue is a lack of understanding of money, leading to participation in a system that individuals don't comprehend [8] - Bitcoin is portrayed as a superior savings technology, enabling individuals to store economic energy and reduce uncertainty about the future [16][29] - The discussion emphasizes that Bitcoin is not merely an investment but a tool for storing wealth and exchanging value [16][18] - Bitcoin's finite supply of 21 million coins is highlighted as a key differentiator from fiat currencies [23] Economic & Societal Impact - The current fiat system incentivizes spending and consumption due to the constant devaluation of money [9] - The debasement of fiat currency can lead to anxiety and heightened uncertainty about the future [9] - The housing market is being distorted as people use houses as a store of value due to the devaluation of fiat money [14] - Millennials face challenges in achieving traditional life goals due to the current economic system [9] Bitcoin vs Altcoins - The report suggests that many altcoins are tech startups searching for product-market fit, while Bitcoin addresses a more fundamental problem [8] - The speaker expresses skepticism about the long-term viability and use cases of many cryptocurrencies besides Bitcoin [7] Practical Advice & Resources - Individuals are encouraged to study Bitcoin and understand its underlying principles [28] - A curated list of six videos is provided at startwithbitcoin.com as a starting point for learning about Bitcoin [33]

RT 𝑻𝒉𝒆 𝑺𝒂𝒍𝒕 𝑶𝒇 𝑻𝒉𝒆 𝑬𝒂𝒓𝒕𝒉 (@Shadaya_Knight)Money gives you a feeling a woman can never give you ...

Money doesn’t change who you are,It amplifies who you’ve always been. https://t.co/4gBSYdhZdz ...

A check of America’s vital signs shows a country extremely worried about money. https://t.co/V0X7HtWUq2 https://t.co/V0X7HtWUq2 ...

Free Money Mayne.YouTube enjoyers making some money today. https://t.co/0EBLXkTekh ...

Why does the world's number one golfer avoid corporate sponsorship responsibilities? And what is up with the WNBA players wanting to get paid more money?@joepompliano joins to explain the money behind these two big sports stories this week. https://t.co/yQ6w1fjt6Q ...