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I was early enough to leanfire off bitcoin and way too late for FU money.
5 bitcoin today will give you FU generational wealth money 10-20years from now
FU and your stupid prediction.Go back to playing video games in moms basement.You little sausage!
Define rich. $800/month into BTC = $9,600 per year. If they accumulate all their BTC at current prices, after 5 years they’d have ~.56 BTC. Even if BTC is at $250k in 5 years, this person would have around $141,000. Yes, better than any stocks or real estate investment. But not life changing FU money
Lol see ya later shorts! Also a big FU to everyone bashing me for calling this pump today.
Some people also got their stash 4- 8 years ago and while we are sitting on awesome gains, it’s not FU money yet and every day it remains below my target price is another day I remain a wage slave.
Yeah if I could do it over again I’d go into a trade and say FU to that initial college debt. Don’t get me wrong I know I’ve got a nice career now, but that had 100% to do with networking, nothing to do with what I went to school for.
Education is the key. I have compiled a shortlist for anyone looking for better understanding (even the veterans) Want to better understand Bitcoin? Read on. Bitcoin isn’t an investment. It’s the hardest form of money we as a species have ever had access to (hardness refers to how suitable or viable it is as money). The clip#2 within the “understanding money” section is the real gem in this list and it’s the clip that mostly gives you foundational base of knowledge in this space. It teaches you key concepts about money. Once these concepts are understood, you can look at Bitcoin & the US dollar and fully understand what makes bitcoin “money”, and the US dollar (a fiat currency).. and the implications of both. Start here: **Quick Primer**: Bitcoin can change the world, because the world can’t change Bitcoin [https://www.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://www.reddit.com/r/Bitcoin/s/GpFl2dM9aq) **Understanding Bitcoin** *Clip 1*: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) **Understanding Money** *Clip 2*: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) **The Strategy to gain wealth indefinitely** *Clip 3*: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) **Where printing money is headed** *Clip 4*: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE) There’s a lot of information here, and there’s so much more out there that can be learned of course. However, when you come out the other side of this information, you will have a solid foundation. This is the type of thing that puts you ahead of most people in the market as most people don’t understand these concepts. MOST people will never learn these things, and they will fall victim to the effects of flawed monetary systems. I hope this information finds you well.
One last FU from boomers before they croak
I had no idea, but it makes sense he went to FU.
Please stop with shit. This isn't IG or TikTok. Fuck off. Buy or don't buy no one cares! Except your mom & dad of course who gave you the allowance that any 25 you deserves because the were born into the right family. FU!
is 1 btc enough to have FU money? If so, when?
Bitcoin is something that can help you get your FU money. FU money being your freedom. You no longer to say, I think that’s a great idea….you are right…or take crap from people.
Since he got deported...it'll be tax free now. That's a big FU to the govt.
All bitcoin sky daddy be doing is fxxxing everyone and wanting nothing all the attention. FU do a better job
I get it, but also I don't... everyone wants a shortcut, but it's amazing to consider that simply working any job while stacking 5-25% of everything you make is such an automatic way to become filthy rich 2-3 decades from now (or maybe way sooner)... This is true when BTC is at $1k, 17k, 69k, 108k... this will still be true when BTC is at 500k, 1m, and 5m ... The global liquidity problems out there compel BTC to reach 90m or more in todays dollars before it just starts to grow at global GDP (5-10% annually)... so even when it reaches that point its still superior. The fact that if every millionaire in just North America wanted BTC, they is only approximately enough for them to get maybe 0.1 BTC each... we are living in a time where even a minimum wage job can get you to 0.1BTC in a reasonable amount of time if you just don't shoot yourself in the foot... That is FU money in 40 years... do yourself a favor, and get there, before you gamble. I'm not picking on you OP... just a general statement. Some delayed gratification goes a long way. Make your future self happy...
When Trump was the announced, keynote speaker, at the annual US Bitcoin Conference in Nashville, I had a bad feeling it was just another “grift”, or worse, con. Prior to the conference, along with his sons, Trump created “World Liberty Financial”, touting to be the replacement of “big banks”, naming his 18 y/o son, “DeFi Visionary”. Then a separate llc., CIC Digital was created, along with some obscure entities. “WLFI” was the coin people could purchase, who believed in World Liberty Financial. Anyone who watched his “presentation”, knew that Trump did not know a thing about Bitcoin, let alone, crypto/blockchain technology. But what a perfect venue for the free advertisement that Trump’s campaign was accepting crypto. Fast forward to the night prior to the inauguration, Trump launched the “$TRUMP” coin via “CIC Digital”(trump owned), and unlike reputable coin launches that have “lock-up” periods for insiders, Trump & other insiders who had an 80% stake, could start selling the instant it hit exchanges. And boy, did they sell. Blockchain data estimates that Trump & Company profited over 65 $Million in the first hour of trading plus between $85-$100Million in trading fees, with the first 24 hours. The Trump coin will eventually lose 99% of its value as does anyone really think that Trump will do anything to protect those who were sucked in? I wont bother with the $Melania coin, but spend a few more minutes on “World Liberty Financial”. Don Jr., & Eric post the various positions they have added to their holdings and in a BIG FU to regulators & authorities, Trump posts “In our US Strategic Crypto Reserve, we will be holding $XRP, $ADA & $SOL”. A minute later, OOPS!, “We also will be holding $BTC & $ ETH, as we love them both”. The fact that the crypto industry was the largest campaign contributor is no surprise as now the SEC suit against Coinbase was dropped, what a surprise given that Coinbase listed the Trump coin on day one. Many thought that a vote for Trump was a vote for crypto, but as it now appears, the vote was for all the pump & dump scams, lawlessness within the exchanges and everything lawmakers wanted to protect the public from. I have a serious stake in BTC & believe in its future as well as blockchain technology, but the last person I would trust, with the amount of leverage & power he has, is DJT. He cuts off military funding to Ukraine as well as intelligence sharing, one day, than the next day he hosts the Crypto Summit. Those in attendance were able to flash a screenshot of their $Trump purchases, and as he did with Coinbase, you get a free pass to rip off the very people who elected you. Trump Foundation, Trump University, Trump Casinos, Trump Org., all have one thing in common, they were either shut down for Fraud, or found guilty of said Fraud, with massive civil penalties, or as happened 6 other times, filed for bankruptcy, & in so doing, shafting employees & contractors out of tens of millions of dollars.
Relevant [Largest bitcoin holders 2024](https://www.youtube.com/watch?v=jsccmbOT6FU)
What a load of absolute bollocks. So this is how he's trying to justify diluting the CRO supply by insane 233% and granting all these tokens to themselves. "Sustainable flows on the demand side" is meant to sound like financial jargon but it doesn't make any sense nor does it have anything to do with the token supply. There's already a "sustainable flow" of CRO on the "demand side" ie. there's plenty of liquidity and those who are selling are finding the buyers. The amount of tokens has nothing to do with it. This the same kind of pseudo-financial babble that scammers use when they are trying to lure people into investment schemes or other scams. What makes even more blatant is how they are trying to ride the Trump narrative by dropping stuff like "Cronos New Golden Age"and "Cronos Strategic Reserve"in the proposal. They must be in colossal troubles in order to do this.. or they just felt they need to upgrade their greed level to maximum and beyond. How this should be read: "Building sustainable flows (=minting 233% supply for ourselves) on the demand side (=to dump on you) is essential to long term success in the altcoin market (=our business failed so we need to scam you). Multiple irons in the fire on this front (=we got nothing else lol). People who do not agree that this is the right approach are fee to vote & free to sell (=we control majority of votes so FU). We will stay laser focused on building towards new ATHs (=we will dump every rally from now till forever)."
Dude you could retire in 10 years and have FU $ so quit sniveling mine fiat in the meantime and buy 2 houses and a trophy wife in 10 years ..Real talk
Promise everything, get elected, then raise the great big FU flag to everyone while profiting. How do people not see this?
You can use electro etching using 9V battery and laser printer to add mask to the steel with vinegar and salt. Amazon has nice steel credit card.. https://youtu.be/FU-l40LXtYw?si=rirfHJ_wBdgYDw4M
Maybe, but I don't think so. Those who have been dollar cost averaging for decades tend to not get too wound up over highs and lows until we reach our FU number.
This is insane... another FU to the bull market
This guy had already FU money before investing in BTC, but he wanted to have FU, U and U too money
Same here. I don’t want or need a Lamborghini, just some FU money and financial independence.
Awesome! I feel like you looked under my hood lol. Yeah check through the resources I listed for further context, and i'll leave you with another gem as well for general bitcoin knowledge. These are the best videos that 7 years of research have yielded. Highly suggested watches: Start Here: In all things, you have to start with understanding the problem, before the solution will even make sense, and so many in our society don't even know the problem exists. That's by design. The truth of money has been cleverly hidden in plain sight through thousands of years of trial and error. I have created a list of videos, and if you want your wife to understand and even accept bitcoin, you both should power through these videos, but most importantly the first 2 videos. // -- Understanding the Problem -- \\\\ **Clip 1 • Understanding Money**: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) **Clip 2 • Where printing money is headed**: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE) // -- Understanding the Solution -- \\\\ **Clip 3 • Understanding Bitcoin**: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) **Clip 4 • Keep your wealth indefinitely**: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) // -- Bonus Clips -- \\\\ **Bonus Clip**: Bitcoin can change the world, because the world can’t change Bitcoin [https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq) It is only through educating ourselves that we can even see the system for what it is. Best of luck.
First, you watch these videos, then copy paste them this, and discuss it with them: Start Here: In all things, you have to start with understanding the problem, before the solution will even make sense, and so many in our society don't even know the problem exists. That's by design. The truth of money has been cleverly hidden in plain sight through thousands of years of trial and error. I have created a list of videos, and if you want your wife to understand and even accept bitcoin, you both should power through these videos, but most importantly the first 2 videos. // -- Understanding the Problem -- \\\\ **Clip 1 • Understanding Money**: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) **Clip 2 • Where printing money is headed**: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE) // -- Understanding the Solution -- \\\\ **Clip 3 • Understanding Bitcoin**: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) **Clip 4 • Keep your wealth indefinitely**: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) // -- Bonus Clips -- \\\\ **Bonus Clip**: Bitcoin can change the world, because the world can’t change Bitcoin [https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq) It is only through educating ourselves that we can even see the system for what it is. Best of luck.
Think about the price of eggs right now. Eggs prices are up ~2.9% due to regular (albeit still above the feds target) inflation right now. So you normal $3/ dozen. Ow costs $3.10ish. But the price increase you see right now has nothing to do with inflation, it has to do with supply and demand. There are less layers due to avian flu so there are less eggs available. Price goes up which is why they are 8-10$/dzn. I’m sure grocers are also adding an FU mark up due to demand as well which further increases the price with not bearing on inflation rate.
I give people this: \----- In all things, you have to start with understanding the problem, before the solution will even make sense, and so many in our society don't even know the problem exists. That's by design. The truth of money has been cleverly hidden in plain sight through thousands of years of trial and error. I have created a list of videos, and if you want your wife to understand and even accept bitcoin, you both should power through these videos, but most importantly the first 2 videos. // -- Understanding the Problem -- \\\\ **Understanding Money • Clip 1**: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) **Where printing money is headed • Clip 2**: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE) // -- Understanding the Solution -- \\\\ **Understanding Bitcoin • Clip 3**: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) **Keep your wealth indefinitely • Clip 4**: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) // -- Bonus Clips -- \\\\ **Bonus Clip**: Bitcoin can change the world, because the world can’t change Bitcoin [https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq) It is only through educating yourselves that you can even see the system for what it is. Best of luck.
In all things, you have to start with understanding the problem, before the solution will even make sense, and so many in our society don't even know the problem exists. That's by design. The truth of money has been cleverly hidden in plain sight through thousands of years of trial and error. I have created a list of videos, and if you want your wife to understand and even accept bitcoin, you both should power through these videos, but most importantly the first 2 videos. // -- Understanding the Problem -- \\\\ **Understanding Money • Clip 1**: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) **Where printing money is headed • Clip 2**: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE) // -- Understanding the Solution -- \\\\ **Understanding Bitcoin • Clip 3**: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) **Keep your wealth indefinitely • Clip 4**: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) // -- Bonus Clips -- \\\\ **Bonus Clip**: Bitcoin can change the world, because the world can’t change Bitcoin [https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq)
I can’t recommend any books at the moment, but I have some really good videos. The primer is a good and short clip to get your mind in the right place to take in this information. Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE
Learn! Before doing anything, you need to educate yourself. I would highly suggest powering through this list of videos before doing anything. The primer is a good and short clip to get your mind in the right place to take in this information. Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE
It sounds like you are at the beginning of your Bitcoin journey. Don’t worry, we have all been there. We were all brought up in the Fiat system, and all had to go through a mental shift to grasp Bitcoin. I have compiled a shortlist of videos for you and your significant other, that i highly suggest you watch to aid your understanding of both Bitcoin and the nature of fiat currency vs money. Add bitcoin as your base knowledge before expanding to other cryptos, because quite often you will find that all your efforts with other cryptocurrencies is to obtain more bitcoin. The primer is a good and short clip to get your mind in the right place to take in this information. Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE
What amount of dca do you think it would take for the FU money within 12 years? What would be considered the not small amount of DCA you think is needed for extra wealth and riches?
I do not think small amount of DCA will net FU money by the closing of 12 years (but it's relative, so we would need to know what amount of DCA'ing we're talking about here). I think that window already closed. Small DCA amounts will simply allow you to survive retirement 20+ years from now.
Learn! Before doing anything, you need to educate yourself. I would highly suggest powering through this list of videos before doing anything. The primer is a good and short clip to get your mind in the right place to take in this information. Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE
Also, more info for you. I usually share this with anyone who's hungry for knowledge in the Bitcoin space. Its my shortlist of powerful videos. Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you're ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin [https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq) Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE)
You sound like you desperately need this list of clips. If you want your mind blown, power through these: Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE
Me too: If you are at the beginning of your Bitcoin journey and understanding, don’t worry, we have all been there. We were all brought up in the Fiat system, and all had to go through a mental shift to grasp Bitcoin. Before you buy ANYTHING, I have compiled a shortlist of videos that i highly suggest you watch to aid your understanding. Add bitcoin as your base knowledge before expanding to other cryptos, because quite often you will find that all your efforts with other cryptocurrencies is to obtain more bitcoin. The primer is a good and short clip to get your mind in the right place to take in this information. Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin [https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq) Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) (This is the one you already watched) Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE)
You are only like this because of a lack of education on bitcoin. Anyone who fully understands bitcoin moves far beyond these nagging fears. First things first my friend, you need to educate yourself and get caught up. I can help there. It sounds like you are at the beginning of your Bitcoin journey and understanding. Don’t worry, we have all been there. We were all brought up in the Fiat system, and all had to go through a mental shift to grasp Bitcoin. Before you buy or sell ANYTHING, I have compiled a shortlist of videos that i highly suggest you watch to aid your understanding. Add bitcoin as your base knowledge before expanding to other cryptos, because quite often you will find that all your efforts with other cryptocurrencies is to obtain more bitcoin. I promise you that by the time you finish these videos, you will come out the other side with a firm grasp of bitcoin & money concepts so that you can make the best decisions for you and your financial future. The primer is a good and short clip to get your mind in the right place to take in this information. Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 (This is the one you already watched) Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE
First things first my friend, you need to educate yourself and get caught up. I can help there. It sounds like you are at the beginning of your Bitcoin journey and understanding. Don’t worry, we have all been there. We were all brought up in the Fiat system, and all had to go through a mental shift to grasp Bitcoin. Before you buy or sell ANYTHING, I have compiled a shortlist of videos that i highly suggest you watch to aid your understanding. Add bitcoin as your base knowledge before expanding to other cryptos, because quite often you will find that all your efforts with other cryptocurrencies is to obtain more bitcoin. I promise you that by the time you finish these videos, you will come out the other side with a firm grasp of bitcoin & money concepts so that you can make the best decisions for you and your financial future. The primer is a good and short clip to get your mind in the right place to take in this information. Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin [https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq) Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) (This is the one you already watched) Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE)
even better https://www.google.com/search?sca_esv=eea07c496f1e8d9d&q=crypto+trading+bot+volume&tbm=nws&source=lnms&fbs=ABzOT_DnPN66xNYYiVBYF80MNa9-gC2wBylaFT0vQBAPD0yEL1fvujUrVNvlOBp6fCQFlxoW8uhhreiOeNli7ks9eNeB0TDYBN2nwjIqKgM1xqCEtPdhcHqmOjpuD4VMyGkVmNd4H5jQRWK0TXm07LMsAQ79iUUge__xNXd0cQc2dWQi8FU1jtgoJH9G1fMDif-mXYkhVW2KbrdeoxnHG7rV6aMEQ6JvI--stUvTyf9CEnUzn0II0Jc&sa=X&ved=2ahUKEwiKoqmk0qaLAxVTI0QIHUYXKVIQ0pQJegQIFhAB&biw=412&bih=759&dpr=2.63
It sounds like you are at the beginning of your Bitcoin journey and understanding. Don’t worry, we have all been there. We were all brought up in the Fiat system, and all had to go through a mental shift to grasp Bitcoin. Before you buy ANYTHING, I have compiled a shortlist of videos that i highly suggest you watch to aid your understanding. Add bitcoin as your base knowledge before expanding to other cryptos, because quite often you will find that all your efforts with other cryptocurrencies is to obtain more bitcoin. The primer is a good and short clip to get your mind in the right place to take in this information. Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin [https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq) Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) (This is the one you already watched) Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE)
Here’s why you should. )start with the primer) Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 (This is the one you already watched) Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE
Some might argue if you have 175K to throw in a speculative asset you may indeed have FU money to buy that Ferrari.
That's exactly why I am diversified across all of these, minus a ferrari, I will save that for when I have FU money.
Oh of course but would you want to be 100% in BTC during your drawdown phase when you have enough purchasing power to never work? Let’s say 3 million in BTC purchasing power was FU money. And we have a 60-80% pullback like we’ve seen in the past. That probably takes you from not having a job to needing to return to work to sustain your current situation. A portfolio that is 60% BTC 10% treasuries 15% Gold/fixed income and 25% equities is more suitable to leveling off your volatility while still holding a majority of your BTC. If you truly believe BTC will always go up (and I do) this portfolio will have massive growth and provide you smoothing during the massive BTC pullbacks that we’ve seen in the past. The counter argument is the major BTC pull backs are over and 30% pullbacks are the new max. I’d that’s the the case then a 4% draw rate with 100% BTC allocation is probably fine but I wouldn’t take the risk. This person says they already have lifetimes of purchasing power so they should be focused on maintaining it. Rich people worth hundreds of millions pay hedge funds just for that. Most hedge funds do not beat the snp500 but their strategies reduce volatility for a much more consistent return so that your portfolio provides a fixed income plus growth vs the normal fluctuations of the market.
Before doing anything, you need to educate yourself. I would highly suggest powering through this list of videos before doing anything. The primer is a good and short clip to get your mind in the right place to take in this information. Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE
I would say your thesis misses the mark just a bit. Bitcoin is not meant to be digital cash, nor an investment. It’s best not to conflate those things with what bitcoin actually is. Michael Saylor puts it best when he says it’s “digital property”, or “Perfect money”, an “Apex asset”. What bitcoin is meant to do is be a store of value first and foremost. It ‘can’t be transacted with, however this is not what it’s best used for. Bitcoin fixes money’s 5,000 year old problem of holding value over the long term. The dollar by contrast is not money, it’s currency (an important distinction), because currencies don’t hold value long term. This is why we have inflationary problems. A money must be able to store value long term. Before bitcoin, gold was the best at this. But gold still inflated at about 2% per year as more is mined. There is not upper limit to how much gold can be mined, but it is quite scarce. Watch these 2 videos and you will learn a lot both about bitcoin but also money vs currency. Once these 2 videos are understood, it is quite an eye opening revelation as to why bitcoin is so revolutionary. This first video helps you fully understand the problems with traditional fiat currencies and the thousands of years of monetary history. The 2nd video explains why bitcoin is the solution to the problem. Understanding Money Clip 1: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) Understanding Bitcoin Clip 2: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5)
You can literally show them this list of clips: Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 (This is the one you already watched) Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE
Bitcoin is literally designed to hold its value forever. Since it’s still early in the adoption curve, you are still ahead of 95% of the world right now. Because of this, bitcoin will continue to go up in value simultaneously as the dollar goes down in value. At some point bitcoin will stop going “upward” after enough adoption has occurred, and it will then only stay stable from then on, but the dollar (if it still exists at that point) will continue to fall every time it’s printed. The main takeaway here is that bitcoin is not an investment, it is sound money. This mean it doesn’t suffer from inflation. So you need to use bitcoin like a savings account. Every dollar you want to preserve into the future should be stored in bitcoin. When you are ready to redeem its value, you don’t need to sell btc either (remember it IS money). But it can also be used as collateral like an asset, or real estate. So you can borrow against it rather than sell it. Because its value goes up forever against the dollar, borrowing against it will always self-pay itself down in time. I know it’s a mind blowing concept when you wrap your mind around it. Watch these handful of videos to really wrap your mind around bitcoin. I promise that by the time you come out the other side, you will be like a bitcoin and financial ninja. Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 (This is the one you already watched) Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE
Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you're ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin [https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq) Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) (This is the one you already watched) Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE)
It sounds like you are at the beginning of your Bitcoin journey and understanding. Don't worry, we have all been there. We were all brought up in the Fiat system, and all had to go through a mental shift to grasp Bitcoin. I have compiled a shortlist of videos to aid your understanding. Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you're ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin [https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq) Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) (This is the one you already watched) Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE)
Before doing anything, you need to educate yourself. I would highly suggest powering through this list of videos before doing anything. The primer is a good and short clip to get your mind in the right place to take in this information. Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE
At today's price, my FU number is 12 BTC (yes, i track this number).
lmao, thanks, i think. if you want round 2, I have a power packed short list of videos to turbo power your bitcoin understanding. The primer is a good and short clip to get your mind in the right place to take in this information. Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin [https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq) Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE)
Admitting this to yourself is the hardest step. Now its time to learn as much as you can as you continue to dollar cost average for your future. I have created a shortlist of a few videos that can shortcut your understanding. It took me 7 years to compile this list, so you get the benefit of my hundreds of hours of study distilled into some potent videos. I promise you by the time you get to the other side of watching each of these videos, you will be looking at the world with a new set of eyes for the first time. The primer is a good and short clip to get your mind in the right place to take in this information. Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin [https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq) Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE)
If you are into video-form information, I have one of my favorite videos I’ll share. Understanding Money: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH)
I will simplify it for you. You can ignore the meme coins entirely, just focus on bitcoin. The people who make the 1000x on memecoins is 1 out of hundreds of thousands of losers. What you are in need of is a quick crash course. You can’t be expected to make smart decisions without any understanding about what bitcoin really is, and what money is. I have compiled a shortlist of videos that i highly suggest you watch to aid your understanding. I promise you that by the time you were done watching these videos, you will come out the other side, focused, determined, and a completely new worldview on money and Bitcoin. Add bitcoin as your base knowledge before expanding to other cryptos, because quite often you will find that all your efforts with other cryptocurrencies is to obtain more bitcoin. —————- The primer is a good and short clip to get your mind in the right place to take in this information. Clip #1 gives you a good basis of understanding for Bitcoin, Clip 2 is the most important video here, because it lets you understand the context of what sound money is, and understand money vs currency better, which ultimately helps you understand the value of bitcoin, and previously gold. Clip 3 is a bit advanced, but when you’re ready, is a powerhouse strategy, while clip 4 shows you where fiat money is headed. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 (This is the one you already watched) Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE
Biden could do it as a FU to the party for the coup. It would make major headwinds for them in 2026.
When people say bitcoin has no intrinsic value, what they’re trying to say is that because it’s not physical or tangible it has no real value. This of course is wrong. The old “Bitcoin has no intrinsic value” argument is one of my favorites to shoot down. Anyone who says this has no grasp on what bitcoin actually is. Bitcoin is money. Bitcoin does have intrinsic value, it’s just different than what people are accustomed to. People often make the mistake (because it’s a new technology with never before seen properties), thinking bitcoin isn’t backed by anything. It is. Just like gold, it’s backed by its intrinsic properties. Which are: A. It is perfect money: Bitcoin is the world’s first perfect money. It has many properties of gold, and several properties gold doesn’t have that makes it superior for a digital age. It has all the properties of money (which you can learn about here: https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH - highly recommended watch, one of the most eye opening segments on the nature of money and currency): • a medium of exchange • a unit of account • portable • durable • divisible • fungible • a store of value **** (due to its scarcity— it is finite) I put Asterix next to store of value to highlight that this is the primary thing that Fiat currencies don’t have. It’s because of these properties of Bitcoin that it is the perfect money. B. Proof of work: using actual electricity to create and secure the bitcoin on the network adds to the value of the bitcoin. This is one intrinsic property that is commonly overlooked, it converts energy from the physical world to economic energy. You can set up a bitcoin mining operation under a remote waterfall in northern Canada not connected to any grid whatsoever. The mining operation will generate bitcoin using Hydro power from the waterfall, generating economic energy from a source that would otherwise go untapped because it’s too remote to connect to a power grid. There are many other examples of how bitcoin can make use of natural power sources that are largely untapped resources, they can then be turned into economic output. C. Network: Intrinsically it has the network itself which is now quite vast and very secure due to decentralization. Its network effects are very potent in spreading its influence. D. Bitcoin is finite. Bitcoin having no more than 21 million coins .. forever, is a big deal. When you measure anything against something that is rare and finite, it holds its value. Since Bitcoin is measured against the US dollar, it will always appreciate against the US dollar because the US dollar always goes down in value due to money printing. This facet alone ensures bitcoin will literally go up forever against the US dollar. Because fiat money is debased and devalued at increasing rates, and holding Bitcoin protects your value, and grows it over the long term. All due to its properties plus the fact that it’s 100% finite. Simple supply and demand economics, due to its scarcity.
Here are the recognize properties that make something money. Bitcoin satisfies them all, and has more beyond these as well: • a medium of exchange = Can be transferred between parties • a unit of account = Has units • portable = Can be moved from place to place • durable = Can withstand the test of time • divisible = Change can be made, Bitcoin breaks into satoshis • fungible = 1 Bitcoin in your account is the same as 1 Bitcoin in any other account • a store of value \*\*\*\* (due to its scarcity— it is finite) = 21M max supply, its more scarce than gold. Bitcoin is the world’s first perfect money. It has many properties of gold, and several properties gold doesn’t have that makes it superior for a digital age. (I put Asterix next to store of value to highlight that this is the primary thing that Fiat currencies don’t have.) It’s because of these properties (and more) of Bitcoin that it is the perfect money. Don't let the fact that its digital break your mental, it is indeed money. You can learn all about this topic here (this is one of the best videos on money and currency i've ever watched): **Understanding Money** The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH)
Clip #3 from this list is the answer to your question. feel free to browse the rest of the videos in your spare time, they are fire. \----------------------------------------------- **Quick Primer**: Bitcoin can change the world, because the world can’t change Bitcoin [https://www.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://www.reddit.com/r/Bitcoin/s/GpFl2dM9aq) **Understanding Bitcoin** *Clip 1*: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) **Understanding Money** *Clip 2*: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) **The Strategy to gain wealth indefinitely** *Clip 3*: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) **Where printing money is headed** *Clip 4*: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE) There’s a lot of information here, and there’s so much more out there that can be learned of course. However, when you come out the other side of this information, you will have a solid foundation. This is the type of thing that puts you ahead of most people in the market as most people don’t understand these concepts. MOST people will never learn these things, and they will fall victim to the effects of flawed monetary systems. I hope this information finds you well.
Be greedy when others are scared. Happens everytime, you can almost predict the cycle. If you are disciplined and buy the right shit, you'll make money. You might even get lucky and get FU money.
FU bro, you are blind
So just to summarize: -IWF says bitcoin bad -IWF says El Salvador must meet certain requirements to be eligible for loans -Bukele says FU we dont need loans -Short time later Bukele says El Salvador could meet certain requirements of the IWF -El Salvador is abandoning the btc now Hmm... totally unsuspicious if you ask me (if I understood it all correctly...)
I'm anticipating FU money and it is hard to not start FU-ing everybody in advance.
I don't get how they just don't apply for mica. They have FU amounts of money. They can just play by the book and still make billions
While you are investing, it’s important to understand why you were so hesitant. Lack of Bitcoin and other related knowledge. I can help with this. I have put together a shortlist of videos to help lay a foundation for your journey into bitcoin and cryptocurrency. Each clip is important in its own right, however, pay close attention to the money vs currency video. That video is the real gem in this collection. The video was made originally in 2010 before bitcoin was well known (so he references gold, and silver a lot), but the principles still apply. Watch and rewatch that video as necessary. I’ve seen it at least five or six times over the last 10 years. —————— Want to better understand Bitcoin? Read on. Bitcoin isn’t an investment. It’s the hardest form of money we as a species have ever had access to (hardness refers to how suitable or viable it is as money), and because of its scarcity it holds its value long term. This is important, as you need to change your ingrained mindset of buying Bitcoin to get more dollars, and realize that BTC is what saves your value from inflation, and that more BTC is the goal. You will learn this with time. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin https://www.reddit.com/r/Bitcoin/s/GpFl2dM9aq Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE There’s a lot of information here, and there’s so much more out there that can be learned of course. However, when you come out the other side of this information, you will have a solid foundation. This is the type of thing that puts you ahead of most people in the market as most people don’t understand these concepts. MOST people will never learn these things, and they will fall victim to the effects of flawed monetary systems. I hope this information finds you well. (if you have questions feel free to post them here)
You have FU money! That’s what we all want.
Remember the facts: bitcoin has a limited supply of 21 million coins. Over 19 million coins are already in circulation, and it’s estimated 4-5m of those coins are lost for various reasons, including losing seed phrases, etc.. There are about 8.2 billion people on earth that can benefit from bitcoin which is a store of value. It is the first monetary instrument that is entirely finite and cannot be corrupted, exploited, inflated, or owned by any centralized authority. Roughly 5.4 to 5.6 billion people are on the Internet. It is estimated that there are about 420 million current bitcoin users. So that means from 420m to 5.6 billion is the approximate path to full adoption. So, with all this information laid out, it’s clear that you were not too late. Fidelity just put out a report a few days ago detailing that based on all their collected data, did they expect a bitcoin to reach a price of $1 billion by 2037. That is a 10,000 X. So was all of this said, your next step needs to be to educate yourself to avoid making novice mistakes like treating Bitcoin like a stock, or cutting your potential short by selling in the wrong way. —————— Want to better understand Bitcoin? Read on. Bitcoin isn’t an investment. It’s the hardest form of money we as a species have ever had access to (hardness refers to how suitable or viable it is as money), and because of its scarcity it holds its value long term. This is important, as you need to change your ingrained mindset of buying Bitcoin to get more dollars, and realize that BTC is what saves your value from inflation, and that more BTC is the goal. You will learn this with time. I have compiled a shortlist of videos to help aid your understanding. Clip #2 is the real gem in this list and it’s the clip that mostly gives you foundational base of knowledge in this space. It teaches you key concepts about money. Once these concepts are understood, you can look at Bitcoin & the US dollar and fully understand what makes bitcoin “money”, and the US dollar (a fiat currency).. and the implications of both. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin https://www.reddit.com/r/Bitcoin/s/GpFl2dM9aq Understanding Bitcoin Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Understanding Money Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH The Strategy to gain wealth indefinitely Clip 3: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 Where printing money is headed Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE There’s a lot of information here, and there’s so much more out there that can be learned of course. However, when you come out the other side of this information, you will have a solid foundation. This is the type of thing that puts you ahead of most people in the market as most people don’t understand these concepts. MOST people will never learn these things, and they will fall victim to the effects of flawed monetary systems. I hope this information finds you well. (if you have questions feel free to post them here)
Ok First things first. Congrats for taking a step forward for your financial longevity. You now have a lot to learn so you don't make hasty or silly mistakes. I will link you some videos to shortcut your understanding and give you a foundation to build from. Want to better understand Bitcoin? Read on. Bitcoin isn’t an investment. It’s the hardest form of money we as a species have ever had access to (hardness refers to how suitable or viable it is as money), and because of its scarcity it holds its value long term. This is important, as you need to change your ingrained mindset of buying Bitcoin to get more dollars, and realize that BTC is what saves your value long term, and more BTC is the goal. You will learn this with time. I have compiled a shortlist of videos to help aid your understanding. The 2nd video is the real gem in this list and it’s the clip that mostly gives you foundational base of knowledge in this space. It teaches you key concepts about money. Once these concepts are understood, you can look at Bitcoin & the US dollar and fully understand what makes bitcoin “money”, and the US dollar (a fiat currency).. and the implications of both. Start here: **Quick Primer**: Bitcoin can change the world, because the world can’t change Bitcoin [https://www.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://www.reddit.com/r/Bitcoin/s/GpFl2dM9aq) **Understanding Bitcoin** *Clip 1*: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) **Understanding Money** *Clip 2*: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) **The Strategy to gain wealth indefinitely** *Clip 3*: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) **Where printing money is headed** *Clip 4*: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE) There’s a lot of information here, and there’s so much more out there that can be learned of course. However, when you come out the other side of this information, you will have a solid foundation. This is the type of thing that puts you ahead of most people in the market as most people don’t understand these concepts. MOST people will never learn these things, and they will fall victim to the effects of flawed monetary systems. I hope this information finds you well. (if you have questions feel free to post them here)
My suggestion is, the most important thing you should do is learn about bitcoin now that you are here. I can help with that. By the time you finish these videos you'll have a good foundation to build from. Want to better understand Bitcoin? Read on. Bitcoin isn’t an investment. It’s the hardest form of money we as a species have ever had access to (hardness refers to how suitable or viable it is as money). I have compiled a shortlist of videos to help aid your understanding. The 2nd video is the real gem in this list and it’s the clip that mostly gives you foundational base of knowledge in this space. It teaches you key concepts about money. Once these concepts are understood, you can look at Bitcoin & the US dollar and fully understand what makes bitcoin “money”, and the US dollar (a fiat currency).. and the implications of both. Start here: **Quick Primer**: Bitcoin can change the world, because the world can’t change Bitcoin [https://www.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://www.reddit.com/r/Bitcoin/s/GpFl2dM9aq) **Understanding Bitcoin** *Clip 1*: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) **Understanding Money** *Clip 2*: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) **The Strategy to gain wealth indefinitely** *Clip 3*: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) **Where printing money is headed** *Clip 4*: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE) There’s a lot of information here, and there’s so much more out there that can be learned of course. However, when you come out the other side of this information, you will have a solid foundation. This is the type of thing that puts you ahead of most people in the market as most people don’t understand these concepts. MOST people will never learn these things, and they will fall victim to the effects of flawed monetary systems. I hope this information finds you well.
>I personally have a hard time prescribing anything as having intrinsic value unless it has ‘physical utility’. We are using different definitions of intrinsic value. I asked chatgpt about this, it brought up an interesting point: [https://i.imgur.com/52qNk7I.png](https://i.imgur.com/52qNk7I.png) (ie. [https://i.imgur.com/fx698mq.png](https://i.imgur.com/fx698mq.png) ) >Once again though I do believe bitcoins properties are great for a currency Bitcoin isn't a currency, its both Money and an asset (like gold). Its a subtle distinction, i know, but incredibly important. Check this when you have time: **Understanding Money** *Clip 2*: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH)
>By your definition my carved stones are money. No. Stones aren't divisible, they aren't units of account, they aren't fungible at all, and they don't store value because they aren't rare or finite, they are plentiful. >You missed that it \*has to be accepted as a form of exchange". That's what medium of exchange means in the list of attributes of money > outside of scams/other crime You honestly think Bitcoin is only accepted for payments for scams & crime? This is so disprovable I don't know why we're discussing this one. This is a propaganda talking point, not real life. Just because its not used as much in your neck of the woods, doesn't mean it isn't used. Its used in daily life more in 3rd world countries who have problems with their money and government. El Salvador has made it legal tender in the country, and its used in many peer to peer transactions for daily life. It has gained popularity in Venezuela where they are experiencing hyperinflation and their Bolivar is worth more as tinder for a fire. There are many places it has seen adoption, and we will see it adopted in the 1st world countries as well, it just takes time. Speaking of time, its being adopted faster than the internet was adopted, so its going pretty fast. >It needs to be converted into actual money to be spent. The dollar isn't money, its currency. If you aren't aware of the difference between money & currency, you can learn it here: **Understanding Money** *Clip*: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH)
Think of meme coins as projects that are launched with social themes built into it. The creator of these project builds them both to be fun but also to make money as people buy it. People invest in them because they think they will be popular due to their social engagement due to how clever the meme is. Basically its something thats usually there just to be gambled on. Want to better understand Bitcoin? Read on. Bitcoin isn’t an investment. It’s the hardest form of money we as a species have ever had access to (hardness refers to how suitable or viable it is as money). I have compiled a shortlist of videos to help aid your understanding. The 2nd video is the real gem in this list and it’s the clip that mostly gives you foundational base of knowledge in this space. It teaches you key concepts about money. Once these concepts are understood, you can look at Bitcoin & the US dollar and fully understand what makes bitcoin “money”, and the US dollar (a fiat currency).. and the implications of both. Start here: **Quick Primer**: Bitcoin can change the world, because the world can’t change Bitcoin [https://www.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://www.reddit.com/r/Bitcoin/s/GpFl2dM9aq) **Understanding Bitcoin** *Clip 1*: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) **Understanding Money** *Clip 2*: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) **The Strategy to gain wealth indefinitely** *Clip 3*: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) **Where printing money is headed** *Clip 4*: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE) There’s a lot of information here, and there’s so much more out there that can be learned of course. However, when you come out the other side of this information, you will have a solid foundation. This is the type of thing that puts you ahead of most people in the market as most people don’t understand these concepts. MOST people will never learn these things, and they will fall victim to the effects of flawed monetary systems. I hope this information finds you well.
Sounds like you and your friend have some learning to do to understand why bitcoin will go up forever. Start here: Quick Primer: Bitcoin can change the world, because the world can’t change Bitcoin https://www.reddit.com/r/Bitcoin/s/GpFl2dM9aq [Understanding Bitcoin] Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 [Understanding Money] Clip 2: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH [The Strategy to gain wealth indefinitely] Clip 3: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 [Where printing money is headed] Clip 4: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE There’s a lot of information here, and there’s so much more out there that can be learned of course. However, when you come out the other side of this information, you will have a solid foundation. This is the type of thing that puts you ahead of most people in the market as most people don’t understand these concepts. MOST people will never learn these things, and they will fall victim to the effects of flawed monetary systems. I hope this information finds you well.
It’s far from too late, but your window to benefit from being an early mover is closing. The very first thing you should do is educate yourself about bitcoin, and money. You should power through these videos so you can get in —————— For anyone looking for better understanding (even the veterans) Want to better understand Bitcoin? Read on. Bitcoin isn’t an investment. It’s the hardest form of money we as a species have ever had access to (hardness refers to how suitable or viable it is as money). I have compiled a shortlist of videos to help aid your understanding. The 4th video is the real gem in this list and I’d suggest watching it first. It teaches you key concepts about money. Once these concepts are understood, you can look at Bitcoin & the US dollar and fully understand what makes bitcoin “money”, and the US dollar (a fiat currency).. and the implications of both. Start here: Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Clip 2: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 Clip 3: Bitcoin can change the world, because the world can’t change Bitcoin https://www.reddit.com/r/Bitcoin/s/GpFl2dM9aq Clip 4: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH Clip 5: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE There’s a lot of information here, and there’s so much more out there that can be learned of course. However, when you come out the other side of this information, you will have a solid foundation. This is the type of thing that puts you ahead of most people in the market as most people don’t understand these concepts. MOST people will never learn these things, and they will fall victim to the effects of flawed monetary systems. I hope this information finds you well.
Congrats! This is what Bitcoin is all about. An FU to the system and being able to not have to deal with a mortgage like what they want you to do. And you have at least some BTC leftover. You did it right!
Every new journey starts with a bit of learning and education. For anyone looking for better understanding (even the veterans) of Bitcoin. Read on. Bitcoin isn’t an investment. It’s the hardest form of money we as a species have ever had access to (hardness refers to how suitable or viable it is as money). I have compiled a shortlist of videos to help aid your understanding. The 4th video is the real gem in this list and I’d suggest watching it first. It teaches you key concepts about money. Once these concepts are understood, you can look at Bitcoin & the US dollar and fully understand what makes bitcoin “money”, and the US dollar (a fiat currency).. and the implications of both. Start here: Clip 1: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ\_gP\_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5) Clip 2: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) Clip 3: Bitcoin can change the world, because the world can’t change Bitcoin [https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq) Clip 4: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) Clip 5: Inflation & hyper inflation - the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE) There’s a lot of information here, and there’s so much more out there that can be learned of course. However, when you come out the other side of this information, you will have a solid foundation. This is the type of thing that puts you ahead of most people in the market as most people don’t understand these concepts. MOST people will never learn these things, and they will fall victim to the effects of flawed monetary systems. I hope this information finds you well.
Finally, another who gets it is joining the fold. I can browse this subreddit for days and weeks and not meet another. I'll add a video to add to your education that you may enjoy.. actually 2 videos. This video has been one of the most foundational videos I've ever watched. The difference between Money & Currency: [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH) This one is just dang interesting. Inflation & hyper inflation - the end result of the use of Fiat currency: [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE) OK, maybe a few more videos, im feeling generous. Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373) And this one is interesting, about how bitcoin can transport trapped energy and convert it into economic output is within this interview somewhere, but honestly watch the whole thing. [https://www.youtube.com/watch?v=NoobUKNttmw](https://www.youtube.com/watch?v=NoobUKNttmw)
I feel like the whole world is about to say FU to the USD and move to BTC. Operating in USD is great for the US because we can just print more money. But that puts every other country at a disadvantage. BTC will level the playing field on international trade.
Assuming outgoing Biden administration last FU, probably retaliatory. Huge mistake tho.
Or this is Bidens last FU to trump and sells the reserve before trump starts. Dudes pardoned his son and approved long range missile use in Ukraine, would this really be surprising?
I feel sorry for this man, 4 years ago it was the same story and he is still mentally stuck. Yes, it is extremely tough but losing your mental health won't bring anything back. Beating yourself about missing gain (albeit FU money) is never good. We all do though, but well. Life isn't over, it's not like you are in jail for accidental manslaughter or smthg. Or lost everything in a scam/poor investment.
It's a FU to the county. If he sells he'll go down as the dumbest president ever.
Biden is ready to sell, just one last FU to crypto.
Paste them this: Want to better understand Bitcoin? Read on. Bitcoin isn’t an investment. It’s the hardest form of money we as a species have ever had access to (hardness refers to how suitable or viable it is as money). I have compiled a shortlist of videos to help aid your understanding. The 4th video is the real gem in this list and I’d suggest watching it first. It teaches you key concepts about money. Once these concepts are understood, you can look at Bitcoin & the US dollar and fully understand what makes bitcoin “money”, and the US dollar (a fiat currency).. and the implications of both. Start here: Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Clip 2: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 Clip 3: All Fiat currencies in history have gone to zero, the American Dollar (which is fiat.. meaning has no sound money (like gold or bitcoin) backing it. The gold backing of the dollar ended in 1971 with Nixon, which is when the dollar became fiat currency) https://www.youtube.com/watch?v=EJDqQn7WC1U Clip 4: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH Clip 5: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE There’s a lot of information here, and there’s so much more out there that can be learned of course. However, when you come out the other side of this information, you will have a solid foundation. This is the type of thing that puts you ahead of most people in the market as most people don’t understand these concepts. MOST people will never learn these things, and they will fall victim to the effects of flawed monetary systems. I hope this information finds you well.
They know the next administration wants to start a reserve, therefore they are blindly lashing out by selling. It's a big FU to me and you and the entire crypto community, and puts the lie to everything they falsely claimed about not being anti-crypto during the campaign.
Learning is always the first step. Want to better understand Bitcoin? Read on. Bitcoin isn’t an investment. It’s the hardest form of money we as a species have ever had access to (hardness refers to how suitable or viable it is as money). I have compiled a shortlist of videos to help aid your understanding. The 4th video is the real gem in this list and I’d suggest watching it first. It teaches you key concepts about money. Once these concepts are understood, you can look at Bitcoin & the US dollar and fully understand what makes bitcoin “money”, and the US dollar (a fiat currency).. and the implications of both. Start here: Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Clip 2: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 Clip 3: All Fiat currencies in history have gone to zero, the American Dollar (which is fiat.. meaning has no sound money (like gold or bitcoin) backing it. The gold backing of the dollar ended in 1971 with Nixon, which is when the dollar became fiat currency) https://www.youtube.com/watch?v=EJDqQn7WC1U Clip 4: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH Clip 5: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE There’s a lot of information here, and there’s so much more out there that can be learned of course. However, when you come out the other side of this information, you will have a solid foundation. This is the type of thing that puts you ahead of most people in the market as most people don’t understand these concepts. MOST people will never learn these things, and they will fall victim to the effects of flawed monetary systems. I hope this information finds you well.
Ok.. my theory.. Trump was going to start the US Strategic Bitcoin Reserve via executive order by moving the existing Bitcoin held by various agencies to a new cold storage scheme for long term storage. This bypasses congress since it doesn't require any new spending. He can simply instruct the executive agencies to consolidate and move their existing bitcoin. This is Biden and the dems' final "FU" on the way out the door. Sell the Bitcoin so Trump can't follow through on his promise without new congressional approval, which will be much harder to get.
Dear XRP holders, congrats and FU
For anyone looking for better understanding (even the veterans) Want to better understand Bitcoin? Read on. Bitcoin isn’t an investment. It’s the hardest form of money we as a species have ever had access to (hardness refers to how suitable or viable it is as money). I have compiled a shortlist of videos to help aid your understanding. The 4th video is the real gem in this list and I’d suggest watching it first. It teaches you key concepts about money. Once these concepts are understood, you can look at Bitcoin & the US dollar and fully understand what makes bitcoin “money”, and the US dollar (a fiat currency).. and the implications of both. Start here: Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Clip 2: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 Clip 3: All Fiat currencies in history have gone to zero, the American Dollar (which is fiat.. meaning has no sound money (like gold or bitcoin) backing it. The gold backing of the dollar ended in 1971 with Nixon, which is when the dollar became fiat currency) https://www.youtube.com/watch?v=EJDqQn7WC1U Clip 4: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH Clip 5: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE There’s a lot of information here, and there’s so much more out there that can be learned of course. However, when you come out the other side of this information, you will have a solid foundation. This is the type of thing that puts you ahead of most people in the market as most people don’t understand these concepts. MOST people will never learn these things, and they will fall victim to the effects of flawed monetary systems. I hope this information finds you well.
For anyone looking for better understanding (even the veterans) Want to better understand Bitcoin? Read on. Bitcoin isn’t an investment. It’s the hardest form of money we as a species have ever had access to (hardness refers to how suitable or viable it is as money). I have compiled a shortlist of videos to help aid your understanding. The 4th video is the real gem in this list and I’d suggest watching it first. It teaches you key concepts about money. Once these concepts are understood, you can look at Bitcoin & the US dollar and fully understand what makes bitcoin “money”, and the US dollar (a fiat currency).. and the implications of both. Start here: Clip 1: What bitcoin is, the problem it fixes, and why its the solution https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5 Clip 2: Why you never need to sell bitcoin. https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373 Clip 3: All Fiat currencies in history have gone to zero, the American Dollar (which is fiat.. meaning has no sound money (like gold or bitcoin) backing it. The gold backing of the dollar ended in 1971 with Nixon, which is when the dollar became fiat currency) https://www.youtube.com/watch?v=EJDqQn7WC1U Clip 4: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH Clip 5: Inflation & hyper inflation - the end result of the use of Fiat currency https://www.youtube.com/watch?v=iNNUVEfoNmE There’s a lot of information here, and there’s so much more out there that can be learned of course. However, when you come out the other side of this information, you will have a solid foundation. This is the type of thing that puts you ahead of most people in the market as most people don’t understand these concepts. MOST people will never learn these things, and they will fall victim to the effects of flawed monetary systems. I hope this information finds you well.
Look! I don’t need a lambo, but if the market could just make me modestly ‘FU’ rich, I’d really appreciate it. I’ll stare at the charts extra hard until it happens.