Memes

Bitcoin can be confusing and overwhelming for new folks, so don't be alarmed! Even Bitcoin "experts" are still learning new things about Bitcoin.  

    There is a saying that Bitcoin is everything people don't understand about money, combined with everything people don't understand about technology. That means there's a lot to learn!

    To make it as easy as possible, we've tried to replace traditional educational materials with memes, and (hopefully) meme our way to Texas Bitcoin adoption.

    At the end of the day, there is no correct path to learn about Bitcoin... everyone has to find their own way and do their own research. These memes are only guide posts - don't just blindly trust us! You'll need to verify everything yourself and look deeper into any topic that captures your interest. 

    So without further ado, we present to you the Let's Orangepill Texas Rabbit-hole! 

    (It takes about 15 minutes, we promise it will be worth your time!)

    Morpheus:   “You take the blue pill, the story ends, you wake up in your bed and believe whatever you want to believe. You take the [Orange] pill, you stay in wonderland, and I show you how deep the rabbit hole goes.”
    The Matrix

    Choose Wisely

    There can never be any more Bitcoin than 21 million, so as time goes on and coins are hoarded/misplaced, it means the available supply of Bitcoin shrinks. As the available supply for sale shrinks over time, Bitcoin becomes more rare, which makes the price goes up. Bitcoiners like to joke this is built-in "Number Go Up" Technology.

    Don't worry, most people still don't know anything about Bitcoin!

     

    If this is news to you, sorry you're hearing it now for the first time! In 1971, the US implicitly defaulted on our debt during the Nixon era, essentially declaring bankruptcy on all our foreign debts. The dollar has not been backed by Gold ever since. 

    We've been conditioned to think inflation is an inherent part of the system - working harder and harder to combat our money losing purchasing power every year.  

    It was supposed to be a game, not how the global financial system works!

    The entire fiat system is based on debt, all fiat currencies are "IOU's" created from the Central Banks of each country. The "IOU's" are promises intended to be redeemed in the future, created out of thin air and not tied to anything ever since the gold standard was abandoned. 

    In contrast with Bitcoin, the vast majority of Dollar users have no idea how money works. 

    A growing number of Millennials and a good chunk of Gen Z are completely out on Fiat. 

    Some Baby Boomers catch on to the benefits of Bitcoin very quickly! Others are a little more resistant. 

    Bitcoiners have abruptly showed up on the hard asset scene! Bitcoin has quite quickly begun to cannibalize the Gold market as a form of "Digital Gold".  

    Regardless of your opinion, the kids are doing it... and you can't stop them!

    Bitcoin IS the profit. It's quite a mental flip, but Bitcoin IS the money you "cash out" into. 

    The world will inevitably be based on a Bitcoin Standard - are you ready? 

    The way Cell phones absorbed many other devices, Bitcoin will absorb investment dollars from many alternative asset classes. Bitcoin's absolute scarcity makes it the hardest of hard assets, and thus a superior long-term investment. 

    Everyone wants Bitcoin when it's at all time highs, no one wants it in the bear market. Smart investors go against the grain!

    It's easy to get caught up in the hype and encourage friends and family to invest at the top of the bull/bear cycle. Yikes!

    The bear markets are where true Bitcoiners are made. Bitcoin "Hodlers" (a misspelling of holders) laugh off the volatility. 

    It may sound easy, but holding through the bear markets takes real cajoñes. 

    What it's like to Hodl Bitcoin:

    Most people don't have what it takes to hold through the bear market!

    Bitcoin is full of short-term surprises - just when you're certain it will go up, it falls off a cliff! Despite the short-term swings, the only real certainty is that Bitcoin will become more valuable year-over-year as global adoption increases and the active supply in circulation shrinks.

    The random price swings of Bitcoin are why Dollar Cost Averaging is the best strategy to buy Bitcoin. 

    It's only a loss if you sell.... you just have to have the stamina to hold through the bear market!

    Don't have weak paper hands - have strong diamond hands!

    Selling is for novices.

    You can sell your Bitcoin at any time! Nothing is preventing you from selling it, just the knowledge that it will be worth more in the future. 

    You just don't want to frivolously spend your Bitcoin when you don't have to. 

    Bitcoiners are labeled "Toxic" for insisting Bitcoin is the future despite waves and waves of opposition. Several cycles in, Bitcoiners can be quite aggressive to new comers who haven't done any research.  

    This level of steadfast insistence on the truth is not for the weak. 

    Bitcoiners may seem crazy now... just wait!

    Some Bitcoiners can be quite harsh and elitist, as they spent countless hours researching Bitcoin before forming their opinions. 

    Bitcoiners tend to strongly voice their opinions without fear of economic consequences since their money and bank accounts can not be "cancelled". 

    Bitcoin carries on the values of the Founding Fathers - it encodes the Spirit of Freedom and Liberty!

    Time has proven Bitcoiners correct, so there's a lot of toxic "told you so!" gloating that can be off-putting to thin-skinned new folks. The total Freedom of Speech is a change of pace for most people!

    Bitcoiners are also the only ones calling out how all other cryptocurrencies are scams.

    You can tell people Buy Bitcoin until you're blue in the face, and yet they will still invest in scams like Ethereum, Dogecoin, and NFTs. 

    There are many, many scam coins and fake investments promising to be the money of the future. 

    Most cryptocurrency newcomers have an altcoin phase, some longer than others. Eventually they come to realize that there is Bitcoin, and then there are Sh*tcoins. 

    If someone uses the term "crypto", it's a dead giveaway that they are at best ignorant, or at worst intentionally deceptive and manipulative. All "Cryptos" are fake, everyone who spends time in the space long enough will inevitably conclude that everything but Bitcoin is an unsustainable Ponzi scheme.  

    Bitcoin actually stores value into the future, whereas Crypto is full of unsustainable imitations and scams. If your coin has a CEO, it's not the money of the future!

     

    Alt coin investors may do well in the short run, but ultimately go belly up!  

    The Pareto principle (the 80/20 rule) applies to Bitcoin. The same way that Google won the search engine race and captures 80% of global search traffic, Bitcoin has already won the battle for network effects and captures 80% of crypto investment dollars. 

    However, there can be only one winner with money. The item in society that can be traded for all other items becomes a money, by default. The most Tradeable item wins the crown, just like how cigarettes do in prison.

    Bitcoin is the most liquid asset on earth, meaning it's the most easily convertible and tradeable asset in town. (try liquidating your house, your gold, your art, or your antique collection within 10 minutes!) It is also the one cryptocurrency that can be traded for all others cryptocurrencies; or converted back to US dollars instantly.

    Have at it - there is no valid argument against Bitcoin inevitably becoming the global reserve asset. 

    Don't believe us though - Research Bitcoin until you can disprove it for yourself!

    (Hint: You can't, we've all tried. But don't trust us, verify yourself!)

    Bitcoin acts as a blackhole that continually absorbs Fiat investments... it acts as a one-way door that sucks in dollars.

    The media uses the most naïve and meritless arguments to attack Bitcoin. Seek the truth and see if you can find the flaws in Bitcoin yourself!

    To go to zero, all HODLers on earth would have to abandon Bitcoin... if you've met any Bitcoiners, you'd know that's not very likely!

    Bitcoin is backed by the energy of computers doing work in a global arms race. (In order to have earned Bitcoin you need to have done the work. It's called a proof-of-work protocol, get it?) It's a direct conversion of real world energy into concentrated value in cyberspace.

    The public accounting ledger in the Bitcoin network means that trust is distributed out to every single node. The entire network must agree on a shared reality of what transactions have occurred, the public ledger is not centralized in one entity or person. A shared and public consensus of valid transactions prevents any mistrust and corruption from sneaking in, because any invalid transactions recorded on the ledger would be rejected by all your nearby peers in the network. 

    Essentially all that means is that you can't fudge the numbers or you'll get caught on the next Bitcoin block, which happens around every 10 minutes!

    No one is in charge of Bitcoin!

    Each Bitcoin wallet has it's own set of keys, sometimes called a seed phrase or 12-word password. Just like a car, if you don't have the keys, you don't really have control of your property. Don't give up your keys!

      

    Don't trust exchanges to hold your bitcoin on your behalf! Be your own bank and hold your own keys to your own wallet. FTX and other exchanges have historically abused the trust of new investors. 

    Don't trust anyone with your Bitcoin, self-custody it yourself!

    With self-custody there is a lot of circular logic that doesn't make any sense. The beauty of Bitcoin is that you can be your own bank and individually custody your money entirely as one person. Don't rely on trusting others with your money if you don't need to! 

    Don't psyche yourself out! There's no rush, but as soon as you have gotten your bearings and feel confident in yourself, it is definitely a good idea to take your Bitcoin off exchanges and self-custody it yourself.

    All financial incentives tilt towards Bitcoin, the beauty is that no one has to believe the same as you do. Bitcoin is the only currency on earth that is not based on force or coercion. 

    If you can't beat 'em, join 'em! Everyone on earth has equal access to Bitcoin.

    All financial incentives are tilted to protect the Bitcoin network and keep Bitcoin as-is. It is the most stable and secure financial network ever created. 

    If there was ever a bug or flaw discovered with Bitcoin, the code could be upgraded to patch the problem relatively quickly. 

    In order to upgrade Bitcoin, you need 90% of the network to agree to the proposed change. That threshold is extremely high, which is why there have been relatively few upgrades to Bitcoin in 13 years.

    All code changes have been extremely well-vetted by the entire network first!

    All attacks on Bitcoin only strengthen the Bitcoin network. Luckily, Bitcoin is neutral; it runs distributed across the network and every line of code is public, transparent, and auditable so nothing nefarious can be snuck into the code. If you have suspicions you can look at the code directly and see how it works yourself!

    Bitcoin can't be killed no matter how many times you try.  

    AI gets it!

    Bitcoin is secured by SHA-256 Encryption, which is one of the most secure encryption protocols ever invented. SHA-256 was invented by the NSA to protect the Pentagon and cannot be "cracked" without having access to the original encryption key. 

    IF there was a scenario where Quantum computers are invented in the future, AND following Quantum hacking was then invented, Bitcoin would still be secured relatively easily by upgrading it's encryption with "Quantum Defense".

    Which is it? China does not control Bitcoin, nor does anyone. China has banned Bitcoin at least 10+ times. 

    Banning Bitcoin in your country only slows it down. Bitcoin was designed to withstand all attempts to destroy it. 

    Despite the Bitcoin "ban" in China, 20% of global Bitcoin mining still occurs there after being forced underground.

    How would you ban plugging in a computer? 

    This is a Bitcoin Miner, a Miner is just a specialized computer that does math in order to earn Bitcoin.

    This day may come, but the beauty of Bitcoin is that miners can pick up and move their equipment to jurisdictions less hostile to Bitcoin. 

    Bitcoiners can be highly nomadic... no one wants to move, but if regulation threatens their wealth, they move to friendlier pastures. Can't regulate the whole world!

    Many Chinese Bitcoin miners picked up their entire mining operations and moved them to Texas seeking freedom from tyranny, bringing their expertise, wealth, and jobs with them. Freedom is a beacon!

    Instead of banning Bitcoin, the White House has introduced several pieces of legislature to encourage development within the US.

    It's a good thing, because Game Theory outlines the prisoner's dilemma that Countries are facing regarding Bitcoin Adoption:

    The only winning move for Fiat is to convince every Nation on earth to not buy any Bitcoin. 

    If you hadn't heard, both El Salvador and the Central African Republic have officially made Bitcoin Legal Tender!

    There are many incentives for Bitcoin adoption within developing nations... if Bitcoin did nothing else and was simply *just* an online payment network, using Bitcoin for international transactions massively reduces the costs of sending money across the globe. 

     

    International remittance fees be gone! You can send as much money as you want anywhere in the world for ~$5, and it will reach it's destination with final settlement within 10 minutes!

    Bitcoin is a check on government against abusive financial policies. 

    Human fallibility is an eternal political problem. Bitcoin is a monetary system that puts the rules of the game outside the influence of politics!

    Despite the rumor, Bitcoin is the OPPOSITE of "one world money" and is NOT the global currency controlled by the World Economic Forum/International Monetary Fund. Those currencies are coming in the form of Central Bank Digital Currencies (CBDC's) and will be controlled by Nation States and/or the WEF/IMF.

    Bitcoin wrecks any plans for a Great Reset by being a money outside the existing system, and totally immune to human control and interference. No one can control Bitcoin!

    Central Bank Digital Currencies (CBDC's) are an existential threat to freedom. CBDC's could potentially become the largest mass control systems ever created. 

    If you're thinking critically, you should be very skeptical of CBDC's!

    Luckily, Bitcoin disrupts any and all globalist plans of centralized control. 

    Every day there are new Bitcoiners who are reading The Bitcoin Standard.

    It's a strange world down the rabbit hole!

    Once you believe that you can store your wealth confidently into the future, your internal time horizon tends to shift dramatically. Many Bitcoiners report a shift from short-term thinking to long-term thinking. Some Hodlers begin to ponder the future beyond their own lifetimes!

    Suddenly you have time to enjoy your life and live it to the fullest!

    Strangely, many Bitcoiners report a massive change in their personal behavior and a restructuring of their moral compasses. 

    Surprisingly, some Bitcoiners seem to be re-examining and exploring Religion... some have begun to investigate deep questions of faith for the very first time.

    It is a mental pitfall to put money first and foremost in your life, even with Bitcoin!

    Bitcoin offers an honest lens of value to perceive the world through, which comes around full-circle to expose the truth - that money isn't even real.

    Who knows... could Bitcoin lay the groundwork for a religious revival? 

    When you see the world through the lens of an honest money that cannot be corrupted, you gain new perspective and insight on many topics. 

    Fiat currencies have warped many societal incentives that can lead to vast revelations after understanding Bitcoin.

    Fixing the money fixes so many bad incentives - an honest money transforms all transactions and all industries, and therefore the world!

    Once you realize a $12 lunch today could become $1000+ of future money, many Bitcoiners become more minimalist in order to save for the future. 

    If you still have chairs you don't have enough Bitcoin. 

    How it Feels:

    Reality:

    Getting people to look into Bitcoin can seem near impossible. Don't force it! Just live your best life and lead by example. 

    When you gift your friends The Bitcoin Standard:

    The standard response from friends and family.  

    We're at the starting line for a once-in-a-generation financial Gold Rush - are you in the race? 

    Which leads us to why we're here...

    Texas is the best place on earth - and primed to win in a new global race for which citizens can get the most Bitcoin!

    Keep your hands off our finances - Having an independent currency makes Texas a truly independent entity!

    Texas' rugged individualism, pioneering spirit, and abundant resources make it the best fit on earth for Bitcoin adoption. Coupled with hard-working, loving, courageous, and honest citizens makes Texas unbeatable for the upcoming Bitcoin Rush! 

    This is what a Bitcoin Mining facility looks like. You are looking at rows and rows of computers dunked in immersion cooling liquid baths to keep them from overheating in the Texas heat.

    Bitcoin Mining sites are popping up all over Texas. Stranded Energy in hard-to-reach places can now be profitably used to mine Bitcoin. The energy richness of Texas makes it a prime location for Bitcoin Miners!

    True Texan Bitcoiners keep their eye on the prize and don't let distractions get in the way. 

    If you're looking at the world honestly and acting from a place of love, Bitcoin fits like a glove. In fact, typically the more lies you believe; the less willing you are to embrace Bitcoin. 

    Let's beat the Bitcoin Rush and get some in the hands and hearts of every Texan!

    Bitcoin embodies the spirit of Texas - just try and take our Bitcoin!

    Bitcoin goes hand-in-hand with the Cowboy spirit!

    Your Bitcoin can never be seized without providing your encryption key. If you lose your 12 word encryption key, no one can ever get your Bitcoin. Without your 12 words password those coins are lost forever!

    All transactions in the Bitcoin are therefore consensual by default - no amount of force or coercion can access your money... as long as your willpower is strong enough!

    Bitcoin is Financial Liberty - Reclaim your Liberty by being Financially Sovereign!

    That's all folks! Hope you enjoyed the journey!

    If you'd like to learn more from "real" and more traditional learning sources, you can check out our Learning Resources page!

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    NOTE - If you loved this journey and have any dank Bitcoin memes to add, send them our way!