Electronic Money, Internet Technology and Electricity is Financial Literacy

WHY BITCOIN

Our Age of Anxiety is, in great part, the result of trying to do
today’s jobs with yesterday’s tools. — Marshall McCluhan

THE MEDIUM IS THE MESSAGE
Media theorist McCluhan died (aged 69) in 1980. Predicted spread of mass media would turn the world into a ‘global village’.

SEE RICH AS HELL ALL ABOUT YESTERDAY’S TOOLS

Throughout human history we have evolved from barter systems of trade, to the use of metals such as gold and silver, to paper currency, to credit cards, to the electronic exchange of information, as forms of money.

Dear People,
NO – Bitcoin isn’t just used by criminals or making the environment worse. Fiat is used way more by criminals through out the centuries and responsible for making the environment worse.

“Moral indignation is a standard strategy for endowing the idiot with dignity.” ~ Marshall McCluhan

And Bitcoin didn’t just magically appear out of nothing!

1) Technology invents the  internet
5) Security Sucks – was never built into the net!
2) The Internet becomes legal for the citizens to use in 1991
3) Cryptography provides security on the net
4) Business is allowed on the net 1994
) Everyone is disgusted by all the stupid wall street crashes / rug pulls and no one goes to jail
7) 2008 The Bitcoin White Paper  released
8) 2009 people are mining and it’s worthless, and no one knows what the government will do about it so it’s a complete joke, a big nothing, pretty useless …. except
9) 2013 it’s serious, people see it can change the world and the momentum builds
10) 2008 – 2021 it will break $100,000.00

“Only the small secrets need to be protected. The big ones are kept secret by public incredulity.” ~ Marshall McCluhan

BITCOIN CHANGES YOU!
BITCOIN IS FOR EVERYONE!
ANYONE CAN BUY IT RIGHT NOW!

1970 America defaults on all its debt. Fiat is no longer on the gold standard. It’s value declines for the next 50 years and here we are.

Credit Cards About the internet and electronic money 1973

Marshall McLuhan’s Electronic Money

In McLuhan’s theory, a medium is defined as any extension of ourselves, so money is a social medium that allows us to store and exchange our work and skills. [8] As we move up the scale of increasingly abstract forms of financial media, we greatly enhance the ease and speed of monetary exchange and facilitate greater degrees of specialization in occupations. In addition, increasingly abstract forms of money increase the tendency to create more complex forms of financial instruments and derivatives, such as futures contracts, options, collateralized debt obligations, mortgage-backed securities, and credit default swaps. Excessive use of these types of financial media played a role in the financial crisis of 2008-9. As money moves toward its electronic and symbolic forms, this greater scale of abstraction is not a mere quantitative difference, but amounts to a qualitative difference as it also changes the meaning and effect of money.

Marshall McLuhan In the Electronic Age There Is No Point Of View

The Educational CyberPlayGround ®
* K12 Internet History from 1991 up to the present! www.edu-cyberpg.com [with or without the dash] launched 7/9/1998 and ranked #No. 343,304 in the world out of 234,000,000 websites at that time!
.edu = education | cyber = internet | pg = playground for adults.
HUMAN Curated and vetted Reference Directory of Resources for:
Teachers, Parents, and Policy Makers: Learn about Music, Teaching, Internet, Technology, Literacy, Arts and Linguistics in the K12 classroom. You can trust the curated information presented in this website. Over 1500 pages of information, reporting, research, and analysis from 1987 to the present!

K12PlayGround.com TM GLEASON SACKMANN INTERNET PIONEER
Rated #10 on Newsweek’s prestigious List of “50 People Who Matter Most on the Internet.” ~ Newsweek Dec 25, 1995 / Jan. 1, 1996
1998 Sackmann received the SIG/Tel Educational Telecomputing Outstanding Service Award.
The Educational CyberPlayground, Inc.® has been collecting K12 Information online since 1991 before there was a World Wide Web. Gleason’s “Hot List” © 1993 announced new school websites on the NetHappenings ©1989 mailing list. He retired and gave the data and mailing list to Karen Ellis Educational CyberPlayGround Inc. ® in 1993.
► I’VE KEPT IT GOING FOR 28 FREAKIN’ YEARS!

CyberPlayGround.org TM
The first version of the ECP website was Launched 7/9/1998 Back then it ranked #No. 343,304 in the world out of 234,000,000 websites at that time!
Over 1500 pages of curated information, reporting, research, and analysis from as far back as 1987 to the present!
No other K12 website, has been collecting, and creating online content and publishing our K12 information, continuously for this long.

K12 FINANCIAL LITERACY

Our Point of View

WE AGREE WITH AND SUPPORT NY CITY MAYOR ERIC ADAMS POV

New York City mayor-elect Eric Adams thinks that schools should add cryptocurrency and blockchain technology to the curriculum and we also support this curriculum and think financial literacy means supporting Bitcoin Technology and must be taught and supported by School Districts across America and it’s territories.

If you know about Green Stamps then you can buy Bitcoin

BOOMERS

If you know about Green Stamps then you can buy Bitcoin!

IF YOU STILL haven’t read the BITCOIN paper or failed to understand it, then your opinion about bitcoin is a total pile of ignorant crap.

These are the Facts
You do NOT understand:

-computer technology
-cryptography
-digital security
-game theory
-and the internet

This information is way out of your depth and over your head.

ADMIT IT! -You are 19th century ignorant! So do yourself a favor – don’t waste anyone’s time and  keep your mouth shut!

But….

if you are reading my blog

 

then there is hope for you

WHY BITCOIN

BECAUSE don’t know anything about how computers work, or how to code,  or how the internet works, or servers, or how to program, or about lightening networks, or raspberry pies or about security or cryptography, or advanced math . . .

YOU DON’T GET TO HAVE AN OPINION
You just have to admit how ignorant you are!

SEE RICH AS HELL

Boomers had parents that lived through the depression and 1929.

boomers had Parents that went through the dustball TIMES.

BOOMERS grew up with banks, and the idea that you should save fiat money.

boomers lived through all the stock market and real estate crashes for the past 100+ years.

BOOMERS ARE STILL THINKING IN
19th CENTURY FIAT.

IF YOU ARE
65, 70, 80, OR 90+ YEARS OLD

YOU STILL REMEMBER GREEN STAMPS

A 94 Year old knew all about Green Stamps and bought One Thousand dollars of bitcoin in 2015

WHEN YOU THINK YOU CAN’T AFFORD TO BUY 1 WHOLE BITCOIN
CHECK YOUR STUPID SELF

– YOU DON’T HAVE TO –
IT DOESN’T MATTER

IT’S THE SAME THING AS AS SAYING YOU DO NOT HAVE ENOUGH FIAT USD DOLLARS TO BUY ONE WHOLE BOOK OF GREEN STAMPS.

YOU MIGHT HAVE A PENNY, YOU MIGHT HAVE A NICKEL, YOU MIGHT HAVE A QUARTER, AND NEXT WEEK YOU MIGHT HAVE  A DIME.

BOOMER – THIS IS A TEST

Q: HOW MANY SATOSHI’S ARE IN 1 WHOLE BITCOIN?

A:  THERE ARE A 100 MILLION SATOSHI’S
IN  1 WHOLE BITCOIN.

There is no such thing as a Bitcoin.

Each Bitcoin is equal to 100 million Satoshis, making a Satoshi the smallest unit of Bitcoin currently recorded on the blockchain.

Think of the Satoshi as the “cents” part of Bitcoin.

TEST: WHAT IS THE SYMBOL FOR A SATOSH?

THIS IS A SYMBOL FOR A SATOSHI.

BITCOIN  CAN DIVIDE AND DIVIDE AND DIVIDE BECAUSE THE WHOLE WORLD WILL BE USING SATS.

YOU CAN STACK SATS ALL THE WAY TO 1 WHOLE BITCOIN.

THINK LIKE THIS  BTC — BITS —- AND SATS

THE DECIMAL POINT MOVES TO THE LEFT!!!

All calculations in the software are always done in Satoshis.

So the reason why there are 100 million satoshis in a bitcoin is because

the smallest denomination of bitcoin is
0.00000001 bitcoin = 1 satoshi

1 Satoshi = 0.00000001 ฿
10 Satoshi = 0.00000010 ฿
100 Satoshi = 0.00000100 ฿ = 1 Bit / μBTC (you-bit)
1,000 Satoshi = 0.00001000 ฿ 10,000 Satoshi

LEAVE BITCOIN TO YOUR HEIRS

YOU CAN GIVE & 10,000.00 USD worth of bitcoin to your friends every year.

YOU CAN BE A SATOSHI MILLIONAIRE ! ! !

Satoshi Converter / Calculator
Convert BTC or Satoshi to USD / EUR / AUD / GBP

1 Bitcoin = 100000000 Satoshi (100 millions Satoshi)
1 million satoshi is 1/100 part of Bitcoin.
To get the price of 1 million satoshi: the price of 1 Bitcoin divide by 100.

NYDIG: Bitcoin Is Coming To Hundreds Of U.S. Banks This Year
Customers of U.S. banks will soon be able to buy, hold and sell bitcoin through existing accounts, according to NYDIG.
“What we’re doing is making it simple for everyday Americans and corporations to be able to buy bitcoin through their existing bank relationships,” the head of bank solutions at NYDIG, Patrick Sells

 

IF YOU ARE TOO STUPID TO UNDERSTAND THAT BITCOIN IS UNCONFISCATABLE LIFE CHANGING WEALTH – YOU WILL DIE JUST AS IGNORANT AS YOU WERE BEFORE READING THIS POST.

BITCOIN WILL BECOME  AVAILABLE AT A BANK NEAR YOU.

REMEMBER: YOU GET THE BITCOIN / SATS AT THE PRICE YOU DESERVE!

When large U.S. banks are able to hold #bitcoin on their balance sheets, everyone will want to buy it, no one will need to sell it, and you won’t be able to afford it.