Submit your work, meet writers and drop the ads. Become a member
Bitcoin’s growing every day
With fiat inflation on display
Own your money - come what may
As Bitcoin keeps on thriving

Officials saying “all is fine”
Printing money by design
Cutting down our bottom line
As Bitcoin keeps on thriving

You can learn it, take some time
Bitcoin’s young and in its prime
Yet every cycle it will climb
As Bitcoin keeps on thriving

Worth and value it retains
Unlike fiat money drains
The choice is very clear & plain
As Bitcoin keeps on thriving
You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery050BitcoinKeepsOnThriving.html
We found our best sly roundabout way
Moving money from government sway
Bitcoin is strong - they cannot halt
The elegant network, or break the vault

Hayek foresaw the deeply set need
To better the money, minus the greed
With interest rate that’s naturally found
And not distorted, lowered or bound

Bitcoin, the peaceful revolution
A useful decentralized solution
Stops debasement & halts the power
Of looters who seek to steal each hour

Enhances freedom across the lands
Adds real value into people’s hands
Friedrich Hayek had this truth to say
We must find a sly roundabout way
You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery049SlyRoundaboutWay.html
The fractional reserve banking system
   Is built on an unstable foundation where
      Not all depositors can access money freely.
         Since banks can lend more than they have
            This regularly leads to credit & asset bubbles
               And then business failures during downturns
                  Therefore
               Let’s move to a more stable system where
            There is no central authority which people
         Need to trust with their deposits, an open
      And accurate ledger where everyone can
   Simply verify that their money is secure
With Bitcoin this technology is available
You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery048Stability.html
The United States sustains their forever
   Wars because it’s easy to borrow capital
      It’s easy to borrow as the Federal Reserve
         Literally prints money in Quantitative Easing
            And keeps the interest rate forcibly very low
               This allows billions to flow to forever wars
                  Therefore
               If we let the market determine interest rates
            And if we move to a hard money standard
         Such as Bitcoin, with an immutable supply
      Then unpopular or unproductive wars are
   Much harder for governments to sustain
Leading to more safety and more peace
You can see this poem on a background here https://www.bitcoinpoems.pro/delivery047War.html.  Inspired by Alex Gladstein.  This is number 11 in the Problems and Solutions Series.
When fiat money is printed freely
   Certain groups benefit more than others
      Wealthy people who hold assets tend to
         Reap the benefits as their assets increase
            In proportion to the new money, while those
               Who rely on fixed incomes or savings lose
                  Much of their purchasing power and wealth
                     Therefore
                  We need a money where people can trust
               That their money will retain or increase in
            Value and purchasing power.  This money
         Will help the poor save with confidence
      For themselves and also their children
   Leading to a brighter future for every
Person, when saving with Bitcoin
You can see this poem on a background here https://www.bitcoinpoems.pro/delivery046WealthGap.html
Fiat money is unsound money
   Because governments can print
      More of this money at low or no cost
         The printing of more money is so easy
            That those in power can never resist the
               Urge to create new money for their use
                   The fiat supply remains unpredictable
                       Therefore
                    Let’s use a money with known supply
               The solution is to create a limited money
            That has a cost to the creation of units
         This money would be sound if no group
      Or person has the option to issue new
   Money beyond what was programmed
You can see this poem on a background here https://www.bitcoinpoems.pro/delivery045SoundMoney.html.  This is the ninth poem in the problems and solutions series.
Refrain from playing the looter
Or the parasite who takes
But always remain a builder
And known as one who makes

Yes build your life, proud and true
This is the Bitcoin way
Though looters claim we owe them
As Ayn Rand used to say

The looters count on Atlas…
That he’ll hold the world in place
But one day he will simply shrug
And the world will fall through space

Stand a maker, not a looter
Though the looters grow in size
Yes, swear by your love of life
That looting you’ll despise

Resist the urge for easy life
Prove strong as a woman or man
For either you’re a looter
Or you build everything you can

Our hands work and our minds conceive
And freely with others we trade
And let’s convert some looters
And end the looting charade
You can see this poem on a background here https://www.bitcoinpoems.pro/delivery044BuildersVsLooters.html
Modern Monetary Theory (MMT) claims
   That money must be managed or controlled
      Actively setting a price (and supply) of money.
         Artificially low or high interest rates lead to loss
            Of signal which leads to misallocation of capital
               Which leads to market bubbles and collapses
                  Therefore
               Let’s use a money that can never be distorted
            In either price or supply by any group at all
         This will be a money that gives true signals
      About capital allocation to needed projects
   Based on free market principles and work
What money can’t be distorted?  Bitcoin
You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery043Distortion.html.  Inspired by Jack Mallers
Traditional financial systems often
   Charge high fees for many services
      Especially certain types of transactions
         Such as remittances, credit card payments
            Wire transfers, and late payment charges
               Remittances alone charge 6 percent of the
                  Amount sent globally from one to another
                     Therefore
                  Let’s save billions of dollars for real people
               By moving to a system with much lower fees
            For transferring money anywhere on earth
         Bitcoin’s transaction fees are quite small
      Especially when using lightning protocol    
   Imagine the savings and the freedom
As billions start using Bitcoin soon
You can see this poem on a background here - https://www.bitcoinpoems.pro/poems/BitcoinPoem042Fees.jpg
Physical cash transactions are final
  But in the digital world non-reversible
      Transactions have not been possible
        Since financial institutions cannot avoid
            Mediating disputes which prevent finality
              The cost of mediation slows enterprise
                  And makes trade and finance complex
                    Therefore
                  We need an electronic payment system
              Based on cryptographic proof, not trust
            Allowing any two parties to transact directly
        With irreversible transactions based on a
      Distributed timestamp server to generate
  Proof of the chronology of the transactions
And thus finality. The solution is Bitcoin
You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery041Finality.html
Next page