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TheBitcoinBattery
Member since: 2024-03-02
TheBitcoinBattery
TheBitcoinBattery 2h

United States Dollar, Physical Models Released for circulation: Original Gold Dollar: 1/20.67 Troy Oz of Fine Gold. Minted in denominations of $1, $2.50, $5, $10, & $20. Source of value: Gold composition. Dates: 1795 - 1933 (de jure end of circulation). Issuing entity: The US Mint, Department of the Treasury. Current status: Discontinued. Original Silver Dollar: 0.77344 Troy Oz of Fine Silver (16 to 1 ratio with Gold). Source of value: $1 face value tied to 1/20.67 Troy Oz of Gold by fiat until 1933, and 1/35th Troy Oz of Gold by fiat until 1971, underlying supportive value from Silver composition. Dates: 1794 - 1935 (de jure end of production, de facto end of circulation). Issuing entity: The US Mint, Department of the Treasury. Current status: Discontinued. 90% Silver Fractional Dollar: Mostly made with 0.72 Troy Oz of Fine Silver per $1 face value. Source of value: $1 face value tied to 1/20.67 Troy Oz of Gold by fiat until 1933, and 1/35th Troy Oz of Gold by fiat until 1971, underlying supportive value from Silver composition. Dates: Minted for circulation: 1796 - 1964. Minted for collectors of Silver Proof sets: 1992 - 2018. Issuing entity: The US Mint, Department of the Treasury. Current status: Discontinued. 40% Silver Half Dollar: Mostly made with 0.32 Troy Oz of Fine Silver per $1 face value. Source of value: $1 face value tied to 1/35th Troy Oz of Gold by fiat until 1971, underlying supportive value from Silver composition. Dates: Minted for circulation: 1965 - 1970. Issuing entity: The US Mint, Department of the Treasury. Current status: Discontinued. Federal Reserve Note: Cotton linen blend. Source of value: $1 face value tied to 1/20.67 Troy Oz of Gold by fiat until 1933, and 1/35th Troy Oz of Gold by fiat until 1971, 1972 to present fiat value comes from face only (backed by debt). Dates: 1913 - Present. Issuing entity: Federal Reserve Banks (former) and the Bureau of Engraving and Printing (current). Current status: Circulating. Copper/nickel/zinc fractional and whole dollars: No standard of composition. Source of value: $1 face value tied to 1/20.67 Troy Oz of Gold by fiat until 1933, and 1/35th Troy Oz of Gold by fiat until 1971, 1972 to present fiat value comes from face only (backed by debt). Dates: Penny: 1793 - 2025 (Discontinued). Nickel: 1866 - Present. Dime: 1965 - Present. Quarter: 1965 - Present. Half Dollar: 1971 - Present. One Dollar: 1971 - Present. Issuing entity: The US Mint, Department of the Treasury. Current status: Circulating. As of 2026 with Gold around $5000/Oz, the modern paper and copper dollars have 1/242nd of their 1792 - 1933 value and 1/143rd of their 1934 - 1971 value and falling. Going from 0.0484 Troy Oz of Gold per $1 in 1933, to 0.0002 Troy Oz of Gold today. A loss of 99.6% in less than 100 years.

TheBitcoinBattery
TheBitcoinBattery 3h

#MEIRL

#MEIRL
TheBitcoinBattery
TheBitcoinBattery 3h

How did you get a picture of me on here?

TheBitcoinBattery
TheBitcoinBattery 4h

Wish I could get my normie liberal friends who go to protests to understand this.

TheBitcoinBattery
TheBitcoinBattery 4h

TheBitcoinBattery
TheBitcoinBattery 1d

This is 🔥

TheBitcoinBattery
TheBitcoinBattery 4d

Both. The mental shift occurs gradually in everyone, but it will happen to everyone given enough time. I think the Satoshi will be the unit of account for a time, before it too becomes too valuable to be used in that way practically. I think one day Bitcoin will evolve increased divisibility, perhaps the halving will be modified to be endlessly occurring and alongside each new halving a decimal will be added to increase division. Every halving causes the cost of Bitcoin to double in terms of time, given this it's only a matter of time until the increased value from each halving adds up and makes increased division necessary. The Bitcoin network of today may one day look antiquated to Bitcoiners of the future, in the same way the Turing Bombe computer looks antiquated to us today. It will change in ways we can't predict, it will evolve organically into new forms and perhaps it will experience hard forks that spawn children that are not shitcoins but instead symbolize different generations of Bitcoin that if successful will be able to coexist. I don't know what will happen for certain, but I know Bitcoin is still a baby that has yet to mature. When fully mature everything will be different, the world will look alien, and Bitcoin will become humanities economic foundation for centuries if not millennia.

TheBitcoinBattery
TheBitcoinBattery 12d

Guess I just felt like posting more than I have the last few years (average of less than 1 post a year the last few years). But the post being censored quickly reminded me what Facebook is, I'm back to not using it again 😂.

TheBitcoinBattery
TheBitcoinBattery 12d

Shared this video on Facebook only to have the post not even show up on my timeline when I went to look at it. Being censored for posting this felt so surreal. Here's the clip: https://youtu.be/tN-aTVkI5W0

TheBitcoinBattery
TheBitcoinBattery 1d

Don't worry so much.

TheBitcoinBattery
TheBitcoinBattery 1d

I'm done with them. They don't own me.

TheBitcoinBattery
TheBitcoinBattery 1d

Fascinating how Brian still doesn't get it after all these years. Go ahead and stack fiat treasuries by focusing on fiat stablecoins. Sigh.

TheBitcoinBattery
TheBitcoinBattery 1d

It's a very vulnerable thing to post not only when we're doing well but when we're not. 🫂 Things will get better.

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About Me

Bitcoin is going to fix everything. Don't worry, keep calm and stack sats. Don't understand why? Study markets, money, and history. Start here: Bit.ly/StudyBitcoin

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