This fight which only #Bitcoin provides us is way bigger then which blockchain can do backflips and cartwheels faster than all the rest.
We are in the fight of our lives and people are literally putting their life and their family savings into dog jokes and cum rockets. π€¦πΎββοΈ
At the end of the day, the fight that we #bitcoiners are waging is what will save all the sh*tcoiners who think it's still about making more dollars with meme coins, defi coins, cefi, nft, A.I. and "god knows whatever else" coins. Despite your ignorant sins, we will save you too.
I wish people would stop saying #Bitcoinβ―β―has an inflation rate. It doesn't. BTC is finite. A finite item can't have an inflation rate. This mistake stems from the fact that we have never had a finite item in the universe before Bitcoin. ππ½
Everything else is infinite in supply, meaning the ultimate number is never known, so it makes sense to calculate the rate at which new units come into existence (inflation). However, when you know the final supply up front, you don't have inflation. You have "issuance." ππ½
I'll explain: Let's say your mom baked 21 chocolate chip cookies. She sold 19 of them to the neighbors. She has 2 left. Did her supply of 21 cookies inflate? No. She issued 19 of the 21, but she did not inflate her supply. Inflation doesn't make sense when you know the supply. ππ½
π§΅I've been in the field of finance for over 40 years. Ray Dalio was one of three heroes I had during my journey. He wrote a powerful book titled The Changing World Order. It focuses on how the old powers are historically overcome by the new. Ironically, his book speaks to him.ππ½
Ray Dalio, with all due respect, can not seem to see the coming change via #Bitcoinβ―β―for the same reasons he's outlined in his book about superpowers: 1) They become so successful within their own echo chamber they can no longer see anything of value outside of it; ππ½
2) Their apex predator starts off so small that they ignore the possibility of adopting it and harnessing it for survival. Then it's too late. In other words, they get drunk on what made them successful and can't see beyond that. Anything that's outside of that is hard to see. ππ½
𧡠I believe every family who holds #Bitcoinβ―β―as their savings the way they used to hold dollars as their savings, will eventually move from every member of the family working for others, to half of the family working, to none of the family members having to work for others. ππ½
This isn't financial advice, it's just what I believe and what has happened for many who have trusted BTC and held it through all. You need a decade approach to this, but then again, you need a decade approach to everything real in life, right? ππ½
The yr 2032 is coming, whether you want it to or not. So, why not let it arrive, making you totally free, independent and wealthy vs. being the same, trapped, frustrated hamster on the fiat wheel?! Escape this nonsense. Don't get distracted with jpeg monkeys. This is FREEDOM!
π§΅In a fiat based economy, brand-name price premiums can exist. On a #Bitcoin standard, BTC itself is the brand. Therefore, paying more than something is worth because of its name will be flipped to paying for things below their value. How else will people give up their #BTC? ππ½
I'm bearish on all these predatory, brand-name companies like Luis Vuitton and others. They have been allowed to exist and steal value from their patrons at an alarming rate because of a mindset created by a corrupted fiat system. BTC will return a "value for low price" world. ππ½
No one is going to easily give up a money that infinitely rises in value over time for products that infinately decrease in value over time, much less those sold at a premium just because of the name of a person you dont know. π€¦πΎββοΈ π€‘πππ½
𧡠I met with someone here in Madrid who is part of a military council that meets every month. This council is made up of mostly high raking retired and some currently active military officers. I was fascinated by our conversation regarding their views of the Russia/Ukraine Warππ½
I will highlight the most interesting points of our talk. These are not to be mistaken as my views, just what I heard:
1) Almost all conflicts advance the most during winter. Summer is often a period of "nothing." The next few months will be a big fat "0" despite billions spent
2) Both Russia & Ukraine have done as much as they really can do. So, a perpetual standstill will likely be the case for the foreseeable future.
3) No side will stop, despite a standstill, so this will be the longest war in the history of the world. This could be war forever.ππ½