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Rajat Soni, CFA Profile picture
Rajat Soni, CFA
@rajatsonifnance
🎯 I'm the Bitcoin guy 💼 10 years of finance industry experience 🧠 1 BTC = ∞ USD
SupremestLemon Profile picture Maleph Profile picture Louis Winthorpe III Profile picture nkem okafor Profile picture Santiago Cavanna Profile picture 13 subscribed
May 6 • 30 tweets • 5 min read
The rich get richer because

they have figured out that US Dollars are FAKE money.

Let me explain: Money is an idea that humans came up with to represent value and improve commerce.

If we didn't have money, we wouldn't be able to easily price goods and services, and would have to resort to barter (direct exchange of goods).
May 4 • 20 tweets • 4 min read
Understand this now or regret it forever:

If you save $1M in a bank account, you'll still have $1M 30 years from now, but you'll be able to buy A LOT less with it

Why?

Let me explain:

(THREAD 👇) I'll start by giving you an example:

In July 2022, Google split its stock 20:1

A stock split works by replacing each PREVIOUSLY HELD share of ownership with NEW SHARES

If you had 20 Google shares in June 2022, in July 2022 you got an additional 380
May 3 • 26 tweets • 4 min read
99.99% of people don't understand why recessions happen.

Here's what you need to know: Let's start from the absolute basics.

In almost all countries around the world, banks take deposits from customers.

When you make a deposit at a bank, the bank offers you interest as an incentive for keeping your money deposited.
Apr 29 • 18 tweets • 3 min read
Another US regional bank collapsed on Friday.

Let me explain what happened:

(THREAD 👇) Let's start with some background info:

Before March 26, 2020, the US financial system was based on fractional reserve banking.

Fractional reserve banking is a system that allows banks to only keep a certain portion of client deposits.
Apr 17 • 15 tweets • 3 min read
Canada is attempting to raise capital gains taxes.

I've said this multiple times:

Taxes will rise. Stock and real estate investors will be left holding the bag.

The Canadian government is giving you more reasons to own #Bitcoin   .

Let me explain:

(THREAD 👇) Capital gains taxes are a tax on the profits from an investment.

Eg. You buy a stock for $100, you sell for $200, and your capital gain is $100.
Mar 30 • 23 tweets • 4 min read
You're not against capitalism.

You're against fiat currencies.

Let me explain:

(THREAD 👇) Capitalism: An economic and political system in which a country's trade and industry are controlled by private owners for profit.

Capitalism is just a way to distribute resources.
Mar 25 • 12 tweets • 2 min read
#Bitcoin is more than just profits to me.

I'm supporting something that will improve the world.

Even if it goes to zero, I'll know that I stood for a noble cause.

But I don't think it will.

Bitcoin is the solution to the biggest problem we have today:

(THREAD 👇) The problem:

Our savings are stolen from us by governments and used to steer the world in the direction of their choice.

They print/borrow money and devalue everything that's saved in bank accounts or cash.

Most of their actions are taken to have more control over us.
Mar 14 • 7 tweets • 3 min read
AI just replaced Microsoft Excel forever…

No more formulas, functions, and complex numbers.

Here’s the AI version of Excel, aka Excel on steroids:

(THREAD 👇)

(Bookmark to use later) Numerous AI / @NumerousAI lets you prompt ChatGPT in Excel and Google Sheets.

Use Numerous to prompt ChatGPT for writing, researching, translating, rewriting, and more.

numerous.ai
Feb 29 • 12 tweets • 2 min read
#Bitcoin will eventually trade for
• 100,000 USD
• 1,000,000 USD
• 10,000,000 USD
• 100,000,000 USD

etc.

Here's how it will happen:

(THREAD 👇) US dollars are the global reserve currency and are well recognized as money anywhere in the world.

You can buy anything of value with #Bitcoin because you can use Bitcoin to buy US dollars
Feb 17 • 13 tweets • 2 min read
On a #Bitcoin standard we would see true abundance.

Here's how:

(THREAD 👇) #Bitcoin is a form of money that will create abundance by being scarce.

When money is scarce, everything else becomes abundant, because more labor is focused on the production of goods and services.
Feb 6 • 14 tweets • 3 min read
Here's the simplest financial path that almost anyone can follow (including #Bitcoin-ers):

(Do your own research, not financial advice; adjust according to your specific needs).

(THREAD 👇) 1) Start a budget and track expenses:

Budgeting is so powerful because it helps you figure out where your money is going.

Keep in mind you don't need to do it forever. Budget until you figure out your average monthly expenses.

I only tracked my expenses for a few months.
Feb 6 • 14 tweets • 3 min read
Misunderstanding UTXOs will lead to problems with spending your #Bitcoin    in the future.

Transaction fees are low - consolidate your UTXOs!

UTXO management for beginners:

(THREAD 👇) Image #BTC    is the currency issued by the #Bitcoin    network.

Every time you receive BTC, you receive a small bundle of "satoshis" (1 Bitcoin = 100,000,000 Satoshis).

Each bundle of coins you receive is called a Unspent Transaction Output (UTXO).
Feb 5 • 13 tweets • 2 min read
If you don't want your kids to be broke,

teach them these important money lessons:

(Thread 👇) 1) Cheap vs Frugal:

Cheap: focus on price

Frugal: focus on value
Feb 3 • 23 tweets • 4 min read
You're not against capitalism.

You're against fiat currencies.

Let me explain:

(THREAD 👇) Capitalism: An economic and political system in which a country's trade and industry are controlled by private owners for profit.

Capitalism is just a way to distribute resources.
Jan 24 • 9 tweets • 3 min read
Dollar Cost Average #BTC    and Chill

Let me explain what this means:

(THREAD 👇) Image You can buy fractions of #Bitcoin.

You don't need to spend $40,000 all at once.

When you buy #BTC    on an exchange, search for "BTC" or "Bitcoin" and find the one with the orange slanted B logo. Image
Jan 19 • 15 tweets • 2 min read
Donald Trump said he will ban Central Bank Digital Currencies (CBDCs) if he's elected as president.

Let me explain why this is so important and how CBDCs can impact you if they are implemented.

(THREAD 👇) A central bank provides banking and financial services to its country's government.

The Federal Reserve is the US central bank.

It creates money by buying US Government debt (treasury bonds).
Jan 19 • 23 tweets • 6 min read
Most people are going to miss the biggest wealth transfer in history because they don't understand money.

Anyone who continues to ignore #Bitcoin    will regret it in 10 years.

21 threads to orange pill you or a friend:

(MEGATHREAD 🤯 - BOOKMARK/SHARE THIS POST 👇) 1) What is money:

Jan 18 • 15 tweets • 4 min read
Misunderstanding UTXOs will lead to problems with spending your #Bitcoin in the future.

UTXO management for beginners:

(THREAD 👇) #BTC is the currency issued by the #Bitcoin network.

Every time you receive BTC, you receive a small bundle of "satoshis" (1 Bitcoin = 100,000,000 Satoshis).

Each bundle of coins you receive is called a Unspent Transaction Output (UTXO).
Jan 17 • 14 tweets • 3 min read
What is the #Bitcoin blockchain?

Let me explain:

(THREAD 👇) You go on a trip with 5 people you don't know.

The expenses aren't paid upfront, and all 5 of you agree to set up a ledger (record of transactions) with one individual who will pay for everything and let you know the balances at the end.
Jan 17 • 19 tweets • 4 min read
Over the next 10-20 years, life is going to get less expensive for anyone that saves in #BTC

Wealth will be transferred from the legacy financial system to the #Bitcoin    economy.

Let me explain:

(THREAD 👇) Image A lack of financial literacy means a lot of people keep cash to save for long-term events.

Governments see savers as "not contributing to the economy."

If you're not spending, you're not stimulating the economy.

So the government takes your money and spends it on your behalf.
Jan 16 • 6 tweets • 3 min read
#Bitcoin will outperform stocks forever, or until stocks are valued in Bitcoin.

Let me explain:

(THREAD 👇)
Image
Image Stocks represent partial ownership of companies. When you buy stocks, you are buying a security. You are investing in a business with the expectation of a profit to comes from the efforts of someone other than yourself.

The business relies on the decisions of executives and customers. A single chain of events can be fatal to the entire business plan.

When you buy stocks, you are relying on people to make certain decisions and contribute to the value of your investment. You are speculating that the business behind it will continue to be profitable. You assume that customers will continue to purchase the company's products.

People are biased. They can make very bad decisions. They can be coerced. They can be canceled. Customers can boycott products.

I bet most people never thought a company like Starbucks would see so much pushback from its customers.

REMEMBER THIS 👇

INDIVIDUALS DON'T NEED BUSINESSES

BUSINESSES NEED INDIVIDUALS