#bitcoin pitch I’ve been contemplating for Thanksgiving conversations. Trying to make sure people can understand without discussing #technology
“Ignore the computer aspect for a moment. What’s happened is a new bank has been invented, the Bank of Bitcoin. This bank is global because it doesn’t ask your name or where you are, allowing it to work for everyone at all times. Because it works everywhere, it cannot be limited to a national currency, so it uses its own currency called Sats.
The best part is this bank has no CEO, no board of directors. It’s owned and operated by volunteers. Banking for the people by the people, nobody at the top looking for ways to rip off customers.”
Under the hood is fascinating to all of us but unnecessary for most people to understand. Like how very few can explain email but everyone benefits from knowing what it is, and how it’s used
#nostr #wisdom #sats #family #finance #education