This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin - up to $3600 worth. Gustavo "Goose" Alvarez was locked up in California’s Chino prison in 2009 when the famous race riots broke out. Goose was trapped inside his cell and his life was in jeopardy. Approached by dozens of inmates armed with makeshift weapons and ready to kill on-site, Goose had no other option but to pray.But Goose didn't die that night. His life was spared because of a childhood love of his - Ramen Noodles.That’s right. The cheap, easy, and ready-to-cook bagged noodles saved the life of Goose and a number of other men who believed that death was imminent. An agreement was formed around the noodles. Ramen was "spent" to ward off the rioters and ultimately win their friendship. Something as simple, cheap and reliable as Ramen brought these men together. The rioters spent the night with the inmates of other races, feasting together on cheap noodles. Goose’s life was spared and changed forever.After his release, Goose went on to inspire others by authoring his own Ramen cookbook and recounting some of his prison stories along the way. What does this have to do with us?As far fetched as it sounds, there are some similarities between Ramen in prisons and Bitcoin.Did you know that Ramen has been the main currency of American prisons for nearly two decades? When tobacco was banned in 2004, Ramen became the next best natural currency.Let’s see how Ramen, in the context of prison, compares to Bitcoin.Ramen is very slow to expire - the noodles are a store of value like Bitcoin.Ramen is recognizable, portable, and durable - Ramen is a medium of exchange, like Bitcoin.Ramen noodles are identical and consistent - Ramen is fungible like Bitcoin.Ramen’s value is steady - Ramen is a unit of account like Bitcoin.Ramen is an obscure form of money that works exceptionally well... and so is Bitcoin.Perhaps most importantly, Ramen noodles are a scarce asset in prison. If an inmate eats their Ramen, there is one less package in circulation. Sounds like Bitcoin, right? Ramen is difficult to procure on the inside and therefore valuable. Goose’s story might foreshadow the role that Bitcoin could play in the future. If people can unite around a common currency, why can’t cities, states, countries, and corporations do the same? If Bitcoin and crypto brought us (two people that don't know each other) here, then what’s stopping it from bringing together people that may otherwise want to kill each other for superficial reasons? If Ramen can do it, why can't Bitcoin?I’m bullish on Bitcoin for a lot of reasons, but its ability to unite and unify might just be the most important and least discussed value proposition this currency holds for our future.In This Issue:The Ramen RevolutionBitcoin Thoughts And AnalysisAltcoin ChartsInflation Is At 7.5%Super Bowl Commercials ComingMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO
The Wolf Den #434 - The Ramen Revolution
The Wolf Den #434 - The Ramen Revolution
The Wolf Den #434 - The Ramen Revolution
This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin - up to $3600 worth. Gustavo "Goose" Alvarez was locked up in California’s Chino prison in 2009 when the famous race riots broke out. Goose was trapped inside his cell and his life was in jeopardy. Approached by dozens of inmates armed with makeshift weapons and ready to kill on-site, Goose had no other option but to pray.But Goose didn't die that night. His life was spared because of a childhood love of his - Ramen Noodles.That’s right. The cheap, easy, and ready-to-cook bagged noodles saved the life of Goose and a number of other men who believed that death was imminent. An agreement was formed around the noodles. Ramen was "spent" to ward off the rioters and ultimately win their friendship. Something as simple, cheap and reliable as Ramen brought these men together. The rioters spent the night with the inmates of other races, feasting together on cheap noodles. Goose’s life was spared and changed forever.After his release, Goose went on to inspire others by authoring his own Ramen cookbook and recounting some of his prison stories along the way. What does this have to do with us?As far fetched as it sounds, there are some similarities between Ramen in prisons and Bitcoin.Did you know that Ramen has been the main currency of American prisons for nearly two decades? When tobacco was banned in 2004, Ramen became the next best natural currency.Let’s see how Ramen, in the context of prison, compares to Bitcoin.Ramen is very slow to expire - the noodles are a store of value like Bitcoin.Ramen is recognizable, portable, and durable - Ramen is a medium of exchange, like Bitcoin.Ramen noodles are identical and consistent - Ramen is fungible like Bitcoin.Ramen’s value is steady - Ramen is a unit of account like Bitcoin.Ramen is an obscure form of money that works exceptionally well... and so is Bitcoin.Perhaps most importantly, Ramen noodles are a scarce asset in prison. If an inmate eats their Ramen, there is one less package in circulation. Sounds like Bitcoin, right? Ramen is difficult to procure on the inside and therefore valuable. Goose’s story might foreshadow the role that Bitcoin could play in the future. If people can unite around a common currency, why can’t cities, states, countries, and corporations do the same? If Bitcoin and crypto brought us (two people that don't know each other) here, then what’s stopping it from bringing together people that may otherwise want to kill each other for superficial reasons? If Ramen can do it, why can't Bitcoin?I’m bullish on Bitcoin for a lot of reasons, but its ability to unite and unify might just be the most important and least discussed value proposition this currency holds for our future.In This Issue:The Ramen RevolutionBitcoin Thoughts And AnalysisAltcoin ChartsInflation Is At 7.5%Super Bowl Commercials ComingMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO