A Dark Secret About Money That 99% of People Don't Know about:
Your whole life you're working a job and Trading your time for money.
But have you ever asked yourself how money is created?
For 12 months I worked as an investment banker and I learnt all the secrets the public doesn't know!
And you might get shocked about the truth...
First of all: money=currency.
Money is an intangible store of value. Think of gold, silver, platin, rice, salt etc.
Currency is a tangible form of money
Instead of trading silver for salt, you can buy salt with currency.
Now here's why that's important:
Before 1971, the central banks could only print as much currency as they had gold to back it up.
But it 1971, the US dollar has been removed from the gold standard.
Since then, currency has been backed by nothing (worthless)
Today, banks can print as much currency as they want.
Now here's the 2nd thing you need to understand:
Currency in the form of paper & coins only makes up 3% of the world's money.
The other 97%? It's debt.
Let me explain:
Imagine you want to buy a house.
A bank gives you a $500k mortgage.
that $500k didn't exist before. They simply "created" it by typing a few numbers on the screen.
So when you get a loan, you get money that has been created out of thin air.
Now, why is that important to know?
When the government needs money,
they go to the central bank and ask for a loan.
The central bank gives them money created out of thin air, in exchange for government bonds.
This newly created money floods the system and devalues the existing money
(Inflation)
Why am I telling you this?
You are getting wrecked.
While you're working hard to save money, the banks are printing it and ruining your savings.
The bankers atre making millions while you're working for a tiny amount of
money.
So what can you do?
Bitcoin is the solution
Chapsmart_tz every platform

Dola na fedha za Kiafrika
Nchi nyingi za Afrika zinategemea dola ya Marekani.
Nchi moja ya Kiafrika haitakubali sarafu ya nchi nyingine ya Kiafrika lakini watakubali dola ya Marekani tulifanya utafiti wa sarafu ya amana katika benki na kuona jinsi viwango vya dola vinakufanya kupoteza nishati inayohifadhiwa kwenye sarafu yako ya malipo Tanzania shilling
Tarehe 30 Septemba 2023 tuliweka shilingi za Tanzania milioni 1 kwenye benki ambayo wakati huo dola 1 ya Marekani iligharimu shilingi 2510.37 za Tanzania. Kwa hivyo milioni 1 iligharimu karibu $ 398.35
Tuliacha pesa hiyo kwa mwaka moja na kujaribu kuzibadilisha. Bei ya dola ilipanda hadi
$ 1 = 2655.00
Hiyo inamaanisha basi milioni 1 iligharimu karibu 376.84
Tuliweka 398.35 na sasa ni 376.84
Hiyo ina maana kwamba tumepoteza karibu $21.7 sawa na shilingi 57613.5 ya Tanzania.
Kumbuka
Hatukujumuisha kodi, ada za benki, kiwango cha riba na ada za Huduma
Tunaamini Bitcoin ndio suluhisho la tatizo hili kwa Udanganyifu wa dola ya Marekani

LIGHTNING WALLET
lighting network ni mfumo rafiki unaowezesha uharaka,unafuu wa gharama za miamala ya BITCOIN, na sifa kemkem tulizoziona kweny majarida yaliyopita kuhusu lighting network. Na ili kufaidi haya na kufanya miamala katika mfumo wa lightning network inahitajika pochi ya lighting(lighting wallet).
Lighting wallet ni nini?
Hii ni programu yenye aplikesheni inayokuwezesha kutuma,kupokea na kuhifadhi sarafu bitcoin Kwa kiwango cha satoshi (satoshi ni kiwango kidogo cha bitcoin kwa mfano centi kwenye shilingi).
Aina mbili kuu za pochii ambazo ni;-
1.Custodial wallets;
hizi n pochi ambazo usimamizi wa funguo binafsi upo kwenye mamlaka za pochi husika. Zina rahisisha kutuma na kupokea sarafu mtandao. Pia uzuri ni kuwa ikitokea umesahau fungua za pochi yako unaweza kuomba funguo mpya Kwa wamiliki wa pochi kupitia e-mail na utakuwa hujapoteza sarafu zako zilizokuwa kwenye pochi yako . Kwa sifa hii inawasaidia watu wanaoanza safari ya sarafu mtandao(Bitcoin). Mfano ni wallet of SATOSHI, blue wallet nk
2. Non custodial;
hizi ni pochi ambazo usimamizi wa funguo binafsi upo kwenye mamlaka ya mtumiaji mwenyewe. Hizi hutumiwa na wazoefu zaidi katika sarafu mtandao. Na ikitokea umesahau password au kupoteza funguo binafsi bas unakuwa huwez kuzipata tena na kusababisha kupoteza sarafu zako kabisa. Mfano ni Muun, Phoenix nk

Hizi Aina mbili zinaanguka katka makundi mawil;- mobile wallets(hot) na hardware wallets (cold)
1.Mobile wallets hot..
hizi ni pochi ambazo zinaweza kufanya kazi kwa kuwepo interneti na hufanya kazi kwenye vifaa kama simu, computer na browsers. Faida ya hizi ni kuwa mda wowote utaweza kutumia sarafu zako. Pia kubadili upate cash au kufanya malipo ya sarafu mtandao.🎯Hizi zinafaa Sana kwa watu wanaozitumia sarafu zao kwenye matunizi ya kila siku.
2. Hardware wallets cold
hizi ni pochi ambazo hutunza sarafu mtandao bitcoin Kwa muda mrefu katika vifaa maalumu . Mtu anapohitaji sarafu zake huziamishia kwenye mobile wallets ndipo utaweza kutumia.🎯Hizi zinafaa kwa watu wanaotunza sarafu mtandao zao kwa muda mrefu bila kuzitumia

This is how I feel about BITCOIN

Bitcoin is the solution for the separation of money and state. By cutting this umbilical cord between money and state, power hungry bureaucrats lose one of the critical levers they use to control the lives of their citizens.
While Bitcoin is also a censorship-resistant monetary network, it’s also resistant to corruption by those that wish to turn it into another system of control. It’s the largest and most successful peaceful protest in the world today against central bank...
tyranny that transcends national borders, race, religion and political affiliation. Bitcoin succeeded where Occupy Wall Street failed by offering anyone and everyone the option to voluntarily exit the fiat ponzi.
This stateless money was created to replace the current immoral financial system along with its fiat currencies and institutions.
Bitcoin is a parallel, permissionless monetary system that was engineered from the ground up and everyone who holds bitcoin today does so freely. No state compulsion or legal tender laws required.
The Bitcoin network confers upon each participant equal irrevocable property rights regardless of their financial status. It’s a global, neutral money accessible to all.
Bitcoin is freedom.

TODAY LETS TALK ABOUT DCA

What is Dollar Cost Averaging Bitcoin?
Bitcoin dollar cost averaging consists in investing a fixed amount of USD, into BTC, on regular time intervals.
Purchasing $10 every week, for example, would be dollar cost averaging.
It’s January 1st, 2018, and John decides to purchase $5,000 worth of Bitcoin today.
The Bitcoin price at the time was $13,800 per coin, which means that John now owns 0.362 BTC.
Investing in Bitcoin using DCA (Example)
👇👇👇👇
It’s January 1st, 2018, and Alice decides she wants to purchase $5,000 worth of Bitcoin.
However, instead of investing the entire amount today, she decides to purchase $500 every month, for 10 months.
10 months later, Alice owns 0.61 BTC.
That’s allmost twice as much as John, even though both invested the same amount.

#bitcoin☀️ #DCA #Tanzania $BTC

Dollar and African currency
Most of African countries depend on the United States dollar.
One African country won’t accept another African country currency but they will accept the United States currency dollar we did a research of deposit currency in bank and see how the dollar rates makes you’re energy that is saved on the currency your paid falls
On 30 September 2023 we deposited 1 million Tanzania shilling on a bank which at that time

1 United States dollar cost 2510.37 Tanzania shilling Tzs. So the 1 million cost around 398.35$
We left the money till today and tried to convert it
1$ = 2655.00
That means then 1 million cost around 376.84
That’s means we have lost around 21.7$ equivalents to 57613.5 Tanzania shilling
Note
We did not include tax, bank fees, Interest rate, and Service charges
We believe Bitcoin is the solution to this problem to the Manipulation of the United States dollar

If you save in dollars, your costs will go up forever
As more dollars are produced the value of the dollars YOU have decreases
Dollars are easier to produce than every other commodity
We've been brainwashed to believe that pieces of paper and plastic have value because they have specific markings
The answer to this problem is finding something that appreciates MORE than your cost of living
What is that thing?
Based on thousands of hours of research, I've come to the conclusion that it's #Bitcoin    
Most people don't see it

#MyFirstFeedPost Hello, Binance Square!

Satoshi is the smallest unit of Bitcoin, which the world’s first and most well-known cryptocurrency. Each Bitcoin consists of 100 million Satoshis.
This currency, which represents 0.00000001 Bitcoins, allows microtransactions using digital currencies, as it is more affordable and offers greater flexibility. It has been named after the Bitcoin creator, Satoshi Nakamoto.
Additionally, this currency can be used for buying or paying for products and services where Bitcoin is accepted.