Reddit Posts
Mentions
Bitcoin is here to replace FIAT. That’s the bottom line. FIAT is a centralised financial system with an infinite supply, that is INFLATIONARY - so ultimately you are having your money stolen from you on a regular basis (that is how inflationary financial systems work). Bitcoin is a decentralised financial system with a finite supply, which is DEFLATIONARY. This means that your savings GROW in value over time, and the prices of things become cheaper over time. The goal of Bitcoin is not to buy Bitcoin then sell it later for a profit. The goal of Bitcoin is to replace FIAT. So don’t get caught up measuring Bitcoin against FIAT. As more and more people are learning the difference between a centralised inflationary financial system vs a decentralised deflationary financial system - more and more people are converting their FIAT to Bitcoin. In the future - you will be paid in Bitcoin, you will store your savings in Bitcoin, and you will purchase things using Bitcoin. FIAT does not exist as part of that system. For those who are not educated yet - they will continue sitting back and watching their savings being stolen from them (inflationary systems are effectively a form of theft), until one day they wake up and realise they don’t want their money stolen from them anymore - at which point they will convert their FIAT into Bitcoin. The FIAT price of Bitcoin does not matter. Even if 1 Bitcoin is worth $10 million USD tomorrow - I won’t sell my Bitcoin for FIAT, because the moment you do - your money will start getting regularly stolen again (i.e you money is being stored in a centralised inflationary financial system again). It’s important you learn the difference - because that is the reason you are buying Bitcoin and moving all your money out of FIAT
How you telling people to grow up but bothered enough to delete the app lmao U GROW UP
You need to stop comparing Bitcoin against FIAT. Understand that Bitcoin is here to replace FIAT. FIAT is a centralised financial system, which has infinite supply and is inflationary. This involves stealing money from you on a regular basis. So if you like having your money / savings stolen from you - keep being paid in FIAT, storing your savings in FIAT, and purchasing things using FIAT. Bitcoin is a decentralised financial system, which has finite supply and is deflationary. What does this mean? It means that your money is not stolen regularly, and instead your savings / Bitcoin GROW in value over time. In a world which uses Bitcoin as its financial system - the prices of products / resources decrease over time as well (i.e you get increasing value for your Bitcoin). This is because Bitcoin creates a deflationary financial system (finite supply / scarcity). So since governments / corrupt billionaires can not print Bitcoin the same way they can print FIAT - it prevents them from effectively stealing money from you (which they want to do / why FIAT waa created in the first place - because it keeps people working / building the things that they want). So understand the differences between centralised financial systems with infinite supply, and decentralised financial systems with finite supply. Because Bitcoin is here to replace FIAT, not to be measured against it. You want to be paid in Bitcoin, you want to store your savings in Bitcoin, and you want to purchase things using Bitcoin. FIAT does not exist as part of that system. You should not care about the price of Bitcoin as measured against FIAT. Even if the FIAT price of Bitcoin is $10 million tomorrow morning, I will not be selling my Bitcoin for FIAT - because the moment you sell your Bitcoin for FIAT, you are allowing governments to continue stealing your money again (continuously reducing the purchasing power of your money until it reaches 0) - which is exactly what they want, because it means you can keep working like a slave and producing the things they want :). So if you continue measuring FIAT against Bitcoin - you don’t understand the reason WHY you should be buying Bitcoin in the first place. Maybe you enjoy slavery / enjoy being a slave - because that is literally the only reason you should want to use FIAT / live in a world where FIAT is used as the financial system
You need to stop measuring Bitcoin against FIAT. Bitcoin is here to replace FIAT, not be measured against it. If you think you’re treating Bitcoin like a stock, and you think the goal is to wait for Bitcoin to reach a high price according to FIAT, so you can sell your Bitcoin - you really don’t understand Bitcoin / Bitcoins value. FIAT is a centralised / inflation based financial system with infinite supply. This means that you are having money stolen from you on a regularly basis. So if you love having your money stolen - please transfer all your Bitcoin back into FIAT so that governments / corporations / banks can continue stealing money from you. Bitcoin is a decentralised / deflation based financial system with finite supply. What does this mean? It means that your money / savings are not regularly stolen from you. In fact - your money / savings GROW in value over time, and similarly - the price of products / resources DECREASE over time (you continuously get MORE value for your money / savings / time and effort). You want to be paid in Bitcoin, you want to store your savings in Bitcoin, and you want to purchase things using Bitcoin. FIAT does not exist as part of that system. That is the reason you should be buying Bitcoin - NOT because you care about its price when measured against FIAT. People who measure Bitcoin against FIAT are the people who are going to end up losing / don’t understand why they should be continuously acquiring more Bitcoin
Bitcoin is here to replace FIAT, not to be measured against it. So stop measuring your self worth according to the FIAT price of Bitcoin. You want to be paid in Bitcoin, you want to store your savings in Bitcoin, and you want to purchase things using Bitcoin. No part of that system involves FIAT. Bitcoin is not a “share” on the stock market that you want to sell for FIAT. Bitcoin is a decentralised financial system, which is deflationary (finite supply), and creates a free market - where your savings / purchasing power GROW over time. The only thing you should care about is acquiring more Bitcoin - because Bitcoin is how you measure your wealth. How FIAT is measured against Bitcoin is irrelevant, because Bitcoin is here to replace FIAT.
Why do you think BTC will respond differently than gold? I could speculate it’s because many BTC owners hold BTC thinking they’re going to GROW their wealth, whereas gold owners intend to PROTECT their wealth?
Yeah, nice one. Yes, 30,000 or more new SMSFs being set up every year, definitely enough to go around. That's the great thing, so many options. Not just for investments, but also for choice of providers. Are the fees comparable between TOC and Grow? Quick check of their websites: SMSF Setup (including ASIC fees): TOC - $2,420 GROW - $1,395 Ongoing Annual Accounting: TOC - $1,600 + $500 audit = $2,100 GROW - $1,485 (inc. Audit) + $220 if hardware wallet so maybe $1,705 total Price is one thing, service is also a massive part, I guess. WIshing you happy returns 📈
This is childish bro. Having more money than someone else doesn't make you better. GROW UP
they snipe your liquidity. if its over a certain amount good bye your moneyif its not much they allow. GROW UP.
What's UNIQUE ABOUT CRYPTO is that it's an unregulated casino. And there are no signs in the bathroom saying "If you or someone you know struggles with gambling addiction, seek help." Y'all *literally* call yourselves "degenerate gamblers"! YOU ALL HAVE A PROBLEM! If you don't believe you're a gambling addict, then challenge yourselves not to play with your little crypto for a full day, a full week, a full month. (REAL) Dollars to donuts not a single one of you can stop. SEEK HELP! Think of all the time, money, energy, and lost family activities because you're too busy refreshing a screen. Think of the GENERATION of wasted potential that crypto has STOLEN FROM YOU ALL. The world truly needs y'all to get your shit together. There's a cold civil war going on in America & y'all are on the wrong side. YOU. SHOULD. BE. OUTRAGED. By the billionaires hoovering up a generation's-worth of resources. Crypto was one of the LARGEST TRANSFERS OF WEALTH TO THE RICH IN HUMAN HISTORY! WAKE UP! GROW UP! STOP BEING IDIOTS!
(late to the party) Makes the most sense to me for retiring. Suppose you invested $100k to buy 10 BTC back in 2020... you could hold for 10 years and start pulling out 4% of your 10 BTC each year starting in 2030, which would look something like this: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ - 0.4 BTC = $162,524 (2030) - 0.384 BTC = $203,473 (2031) - 0.36864 BTC = $251,750 (2032) - 0.3538944 BTC = $308,338 (2033) - 0.3397386 BTC = $373,666 (2034) - 0.3261491 BTC = $448,718 (2035) ...(skipping by 5 yrs) - 0.26593305 BTC = $998,983 (2040) ...(skipping by 10 yrs) - 0.17680098 BTC = $3,279,598 (2050) - 0.11754306 BTC = $7,581,748 (2060) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ By 2060, you would have sold 7.17896663 BTC for roughly $81,229,478. You would have 2.82103337 BTC remaining to continue selling at 4% per year (practically till you die), and income growth would likely exceed inflation and normal wage growth. If retiring on 1 btc instead of 10 btc in 2030, literally just divide ALL the numbers by 10. The estimated numbers are scalable like that. What's meaningful to point out: 4% of 1 BTC starting in 2030 would start returning your original investment EACH YEAR by 2040!!! In 2040, you'd sell 0.0265933 BTC for almost $100k and that number would continue to GROW each year!! By 2060, you'd be selling 0.0117543 btc for $750k!! So yeah. Stack sats for 10 years = retired.
Just make her watch a 1 hour documentary on FIAT currency. Show her how EVERYDAY you work and bank your money. Or even invest it and get a 4% ROI The FED prints more and the VALUE of your dollar DEPRECIATES Crypto especially BTC has proven to be the BEST way to GROW the VALUE of your dollars in recent years. Also show her a quick Search of how many States and Countries are in the works of establishing a Bitcoin Reserve as well. Also.... They are limited in supply. The first time ever that Demand can NOT increase supply
I did the same in 2017, but it had only grown to 3k and some change. Now my cost basis is up to 43k! L F GROW!
 LET HIM GROW
the bakery is up for new bakers LET THE BAKERY GROW
L F GROW! We'll see back down around 58k gang, but do. not. sell!
Yup! Everyone seeing this, GET OUT OF THE MINDSET THAT MEME COINS NEED TO HAPPEN IN 1 HOUR, JOIN THE ONLY MEME COIN THAT'S GOING TO GROW LIKE IT'S A MAINSTREAM COIN.
I run 3 nodes and 6 miners between my 2 homes. L F GROW!
I don't need to waste my time trying to convince friends/family to go full regard along with me. They will eventually get rebooted and get it at the price they deserve. My price was 43k USD. L F GROW!
Don't pocket watch. Just focus on your bag and help it grow. L F GROW!
The only thing pulling out around here is my couch, and it's broken. L F GROW!
Thank you murica for setting up this cycle last week. L F GROW!
I started with just $5 in 2017. L F GROW!
If you bought bitcoin for a $1 and watched it GROW overtime…would you just sit there and not invest more?…do you think in a vacuum?
I can't buy this dip all by myself, gang. My cost basis is up to 43k. L F GROW!!!!
my mom said i had to GROW up a lot, so i kinda feel like we're all in this together
You can never hold too much, relatively speaking, so I would just keep stacking sats. Keep winning. L F GROW!
Bitcoin was designed to BEAT inflation of traditional currencies Bitcoin original idea was to MOVE from traditional currencies Bitcoin should GROW like crazy if steongest traditional currency is inflated Instead of this it reacts negatively to each fart from Burgerland like they own Bitcoin. Why does it move down when USD is inflated? Why does it move down if some old fart called Powell speak? Why Bitcoin even cares? Seems to me like original purpose of Bitcoin is getting lost. Hope I am wrong and it will show me rocket engines this year. If not, I lost my belief in Bitcoin future.
We're so early still, you're only going to see the demand GROW! I don't think some people realize this yet. Sit back, keep stacking and watch it happen. #BTC 👍🪙😎
Welcome to the revolution. L F GROW!!
Welcome to the revolution. L F GROW!
Sold some gains to pick up some bags today. Rate my gamble/shitcoin portfolio? Nettensor - NAO BitTorrent (New) - BTT ValleyDAO - GROW NodeSynapse - NS