Remind yourself

[BlackHatCoiner]

Bitcoin solves the world's biggest problem: inflation caused by the creation of new money out of thin air. The culprits are the banking cartel and Congress, a partnership that suits them both.

The higher prices we pay at the supermarket are one consequence, but only one of many. Look closely and you'll see that whoever controls a money printer can do more than claim a large share of the supply (driving prices up). They can also decide what exists on the shelves and what is considered healthy.

After several hundred billion dollars, a person stops having material needs. Once you've bought everything material that can be bought, the only thing left to buy is power, and power is bought through influence.

So the multi-billionaire (or trillionaire, why not?) sets out to influence sectors like healthcare, journalism, politics and the economy, pushing agendas that secure his own power and the long-term survival of his dynasty.

In today's world, anyone who gains significant influence seems, sooner or later, to receive "an offer they can't refuse" from a briefcase man: a "partnership" in which you say and do X, Y and Z, and in return the group invests its cold, hard cash in you.

It's important to remind ourselves that Bitcoin is the only hope of saving the world from this banking creature that has spread its tentacles into every area of our lives.

Because Bitcoin is actionable knowledge. Everyone holding Bitcoin since the last few years has protected themselves from the inflation of the most important goods for their lives, such as meat, eggs, coffee, rent.

Do not let this paralyze you.

But do not forget.

[aoluain]

The banking cartell have a lot to answer for

Their main business model is piracy and colonising by stealth, they instigate unrest within
a country, divide the people, create war in order to finance it and then are there to finance
the rebuild after all the destruction by sucking out the natural resources belonging to the people.

They can print money at will which robs us of our purchasing power, it doesnt affect them when
they are on the favourable side of the wealth divide.

Their puppets are weak politicians unable to fight for the people they represent

They are now being referred to as the Epstein Oligarchy Class who reside in the city of London,
other European cities and Wall Street.

We can resist with BTC

[wapwapwendy]

Bitcoin solves the world's biggest problem: inflation caused by the creation of new money out of thin air. The culprits are the banking cartel and Congress, a partnership that suits them both.

The higher prices we pay at the supermarket are one consequence, but only one of many. Look closely and you'll see that whoever controls a money printer can do more than claim a large share of the supply (driving prices up). They can also decide what exists on the shelves and what is considered healthy.

After several hundred billion dollars, a person stops having material needs. Once you've bought everything material that can be bought, the only thing left to buy is power, and power is bought through influence.

So the multi-billionaire (or trillionaire, why not?) sets out to influence sectors like healthcare, journalism, politics and the economy, pushing agendas that secure his own power and the long-term survival of his dynasty.

In today's world, anyone who gains significant influence seems, sooner or later, to receive "an offer they can't refuse" from a briefcase man: a "partnership" in which you say and do X, Y and Z, and in return the group invests its cold, hard cash in you.

It's important to remind ourselves that Bitcoin is the only hope of saving the world from this banking creature that has spread its tentacles into every area of our lives.

Because Bitcoin is actionable knowledge. Everyone holding Bitcoin since the last few years has protected themselves from the inflation of the most important goods for their lives, such as meat, eggs, coffee, rent.

Do not let this paralyze you.

But do not forget.

I agree that Bitcoin's fixed supply is one of its strongest points, especially when compared to fiat currencies that can be printed at will. But I think we should also be careful not to assume that every increase in prices comes from money creation alone. Supply issues, demand, and other factors play a role too. Bitcoin gives people another option for protecting their savings, but adoption and volatility are still worth considering.

[Karl_3000]

Money devaluation can be caused by the government or the central bank just to make people that are not wise to lose some money. In this bitcoin modern day, it is a very good and simple to go for bitcoin hodling as a good hedging solution.

I agree that Bitcoin's fixed supply is one of its strongest points, especially when compared to fiat currencies that can be printed at will.

Money printing is not only the cause of fiat depreciation, there are other things that can cause it. You can see how Iran war caused inflation in some countries. Inflation can start from the increase in the price of PMS or AGO.

[Hot-Teacher]

Everyone holding Bitcoin is a broad claim. Which purchase dates and which changes in living costs are you comparing? Someone who bought years ago and someone who bought recently could have very different experiences, so the timeframe matters here.

[bitcoin-shark]

Obviously, banks collude and significantly influence the market—and let’s not forget that they can print banknotes at almost zero cost and thereby drive up inflation. However, we have a way to curb inflation, at least for essential goods, and regain control of our finances: I am referring, of course, to bitcoin—the only viable alternative to this system, which in my view is not working.

[Ruttoshi]

I agree with everything you said in the OP. Inflation is irresistible because we are in a fiat world where some set of people in power prefer to mess with the country economy with the endless printing of money. They don't care about the poor because they have it all but bitcoin has given us the opportunity to save the value of our extra funds from inflation.

Since, I started buying bitcoin, my mind is at rest towards future inflation and when I see how the cost of goods and services are skyrocketing, I feel for those who cannot see that bitcion is the key to weaken the problems that comes from the endless money printing by the government.

[suzanne5223]

This is a good reminder; I believe every Bitcoiners should always remember to keep their accumulation of Bitcoin spirit alive because the bigger problem we have in the world today has always proven to be the monetary mechanism adopted by the Feds as the solution to balance things, in their own words, which in turn, disrupts the entire system once they print more money out of nothing.
The end result is inflation, and the people ( banking cartel and Congress) who control the fiat currency process end up with excessive influence over everything else. Bitcoin is still the cleanest exit from the system due to it being the currency with the hard cap that no central bank or government can change.
Holding it over longer periods has clearly protected purchasing power for a lot of people, no matter the factors that affect its price compared to pure fiat.

[serjent05]

Everyone holding Bitcoin is a broad claim. Which purchase dates and which changes in living costs are you comparing? Someone who bought years ago and someone who bought recently could have very different experiences, so the timeframe matters here.

You got a point, but for Bitcoin holders who are at a loss, waiting more time and seeing the Bitcoin market price surpass the price when the person bought his Bitcoin, then he will have to change narratives.  I believe @OP, in general, assumes that Bitcoin will keep increasing despite the hiccups while it is uptrending.  If this happens (Bitcoin price keeps on breaking its ATH), then yes, Bitcoin has shielded its holders from inflation, with the note that Bitcoin price must keep breaking ATH. 

[Alvin_talk]

All hail Satoshi!

Without him none of these would have been possible. We are lucky to be part of the generation that experienced bitcoin. Sometimes I feel for those were not privileged to witness this grand breaking technology (Bitcoin).

Unfortunately, its funny that some persons are not taking advantage of this opportunity. Even among those who are hodling, some tend to panic and loss  confidence during the bear market. But they need to understand that if you cannot tolerate bitcoin volatility, then you cannot benefit from it.

[r_victory]

Everything written by the OP is true and is almost poetic, but how do you keep up with bitcoin in a world that, even twenty years after its launch, has no significant adoption by commerce? I believe that this protection against inflation is only valid if I can buy the basic items mentioned. Making my purchase at the supermarket, for example, would be more rewarding than with fiat currency and would certainly allow me to buy more. But the reality is quite different. In the end, I have to convert my BTC and depend on banks in the same way.

[SeriouslyGiveaway]

Bitcoin solves the world's biggest problem: inflation caused by the creation of new money out of thin air. The culprits are the banking cartel and Congress, a partnership that suits them both.

The higher prices we pay at the supermarket are one consequence, but only one of many. Look closely and you'll see that whoever controls a money printer can do more than claim a large share of the supply (driving prices up). They can also decide what exists on the shelves and what is considered healthy.

Bitcoin has limited total supply and most of bitcoins in total supply are already mined by Bitcoin miners and are in Bitcoin circulation supply.
20.09M bitcoins in 21M bitcoins of total supply are already mined so far.

Bitcoin has block subsidy halving every four years (210,100 blocks) and the supply curve is already in a flat area.
How is the 21 million bitcoin cap defined and enforced?

Practically Bitcoin total supply won't be changed.
Can Bitcoin's hard cap of 21 million be changed?

In contrast, governments through central banks print more money with time and fiat currencies' purchasing power decline with time. For example, The purchasing power of the US. dollar over time.

Choose Bitcoin!

[uchegod-21]

Everything written by the OP is true and is almost poetic, but how do you keep up with bitcoin in a world that, even twenty years after its launch, has no significant adoption by commerce? I believe that this protection against inflation is only valid if I can buy the basic items mentioned. Making my purchase at the supermarket, for example, would be more rewarding than with fiat currency and would certainly allow me to buy more. But the reality is quite different. In the end, I have to convert my BTC and depend on banks in the same way.

Most supermarkets may not be willing to accept bitcoin payments directly, but the inability of using bitcoin directly as a means of payment at the supermarket does not defeat bitcoin's role in protecting against inflation.

Someone who has been saving bitcoin for some time will still be at an advantage in a world where prices of commodities keep increasing and the value of fiat keeps declining. If the value of bitcoin increases compared to the value of fiat, it means that he will have higher purchasing power even if he converts his r bitcoins to fiat before going ahead with the purchase.

While we wait for the time when bitcoin will be fully absorbed into commerce, we can start with appreciating bitcoins benefit as a store of value,  and use it as much as we can to cope with inflation.

[hd49728]

Most supermarkets may not be willing to accept bitcoin payments directly, but the inability of using bitcoin directly as a means of payment at the supermarket does not defeat bitcoin's role in protecting against inflation.

Bitcoin on chain transactions take too long time for confirmations, even only a first confirmation because the Bitcoin average block time is 10 minutes. There are blocks that are confirmed within seconds, less than 10 minutes but it's more realistic to take the average block time into consideration for super markets. Both people, users and super markets who are over the counters don't want to wait 10 minutes to finish a trade.

There are Bitcoin Lightning Network and other Bitcoin side chains which are helpful with shorter times for confirmation.
Sidechain Observer - Bitcoin L2 Projects & current state of development.