Few people understand that if you're not saving in #bitcoin, then you're not actually saving your purchasing power over time.
Discussion
Few understand there IS a thing such as (decaying) purchasing power.
99.9% of people from South Africa don’t have a clue about BTC and went brought up it’s always FTX and criminals use it..
We are always 10-15 years behind everyone.. our reserve bank governor said at Davos that we should have beef reserves or platinum.. and I gave him a copy of the BTC standard at $16 500 🤦🏻♂️🤦🏻♂️
Yes. There are also small to medium-sized businesses, and many large ones, that aren't part of the crony capitalist cartel. If only they realized the power of adopting Bitcoin as both a treasury asset and payment method, instead of sacrificing quality and working themselves to death just to keep up with monetary debasement.
What's the difference between a Reverse Mortgage and a "Savings" Account?
The payoff schedule of the loan. That's it.
Who in their right mind would save Fiat in a bank.
Every Day Savings Account rates don't even come close to inflation.
Banks don't want you to save money. They want you to transact and borrow fiat. That's it.
Everyone should imagine (or actually do it) plotting their net worth in bitcoin. if you don't have a significant portion in actual bitcoin. You are going to zero.
Jeff the tariffs being imposed will be the catalyst for a pretty sizable short term correction/crash. I’m sure you see this coming….it is what will lead to massive QE and a 4th QTR BTC price near your target 🎯
Hey Jeff, was just watching a Robin Seyr interview with George Bodine. You get a mention, with a short message to you too, in the video at around 1:31:12 (perhaps watch all of that last little segment about Nostr). Here the video link: https://youtu.be/9YfLHwNAKFk 🧡✨ I must say, I agree with their sentiment too. 😁
That’s not because we’re not trying to explain it to them… I’m becoming tired of it. Being tired won’t stop me, but i wish they weren’t so thick skulled 😮💨
I totally appreciate nostr and all you wonderful nostriches and bitcoiners who keep reminding us of the better way. I made the change recently, and am as much on a bitcoin standard right now as possible, only leaving a little in my fiat bank account to do weekly church offerings, my weekly bitcoin DCA, and one other small bill. I will move that small bill over to Strike or Fold payment soon so it will be even less in fiat. I love the peace of mind it gives me. I had originally planned to pay down my existing CC debt during this bull run from my fiat bank account, but since I made the switch, I daily compare how much quicker that debt will be paid down as the value of fiat diminishes and the value of bitcoin increases. If all goes well, I'll have that debt paid off by summer. I'm loving it!! Bitcoin and Nostr are truly changing my life for the better!