Friday 17 February 2023

Stop investing in Bitcoin. Start Saving and Living in Bitcoin.

Bitcoin was created in 2008 by Satoshi Nakamoto with a specific goal in mind: to take the control of money out of the hands of the state.

Bitcoin aims to give you back the power over money.

In fact, Bitcoin is not just another investment as some people still believe. Bitcoin is a monetary revolution that you must fully embrace to change your life for the better.

This means you need to stop investing in Bitcoin, and instead, see Bitcoin as the best savings technology available to you. Save the fruits of your labor in Bitcoin and live within the Bitcoin standard.

This means looking for a way to get paid in Bitcoin if possible.

This may seem excessive to some living in the Western world, but what is happening today in emerging countries like Lebanon (look at protesters furious having not access to their own savings. The value of the Lebanese pound has dropped by more than 98% since 2019), Nigeria (the government tries to impose its eNaira), and Argentina (hyperinflation is the norm for decades) shows you what is in store if you don't embrace the Bitcoin revolution before it's too late.

Too late? Unfortunately yes, because today in Nigeria we can see the difference between those who had anticipated the collapse of the current system and those who now see their governments and banks doing everything to censor them from switching to Bitcoin.

Of course, it's never too late to do the right thing and you don't need the banks' permission to switch to Bitcoin. However, once governments impose their CBDCs via their central banks and cash is practically history, your options for converting the fruits of your labor into Bitcoin will be much more limited.

You will be stuck in the debt-based fiat system.

For these reasons, I think it is essential to protect the fruits of your labor while it is still possible. To do this, there is only one thing to do: stop investing in Bitcoin, and start saving and living in Bitcoin.

It will make a big difference in your future life because it will totally change your current expectations about Bitcoin's price and your time horizon. You will understand that there is no need to wait for dips to buy Bitcoin, and there is no need to be stressed about the price of Bitcoin in the short term.

Bitcoin is your peaceful weapon to exit the debt-based fiat system that is flawed and not fixable. It's up to you to use this weapon fully to protect your future.



Submitted February 17, 2023 at 02:47PM by sylsau https://bit.ly/3lDY0kt

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