Keeping savings in anything other than Bitcoin seems sacrilegious to me at this point.
Discussion
Always has been
I love Bitcoin. Yet, over many asset classes and centuries of human trade and investing, asset diversification is included in the best formulas for long term wealth growth. Asset portfolios with all or most value or trade in terms of only US Dollar ($USD), or another single fiat currency, are not necessarily diversified today.
Don't compare other assets such as stocks, housing property, and never crypto to #Bitcoin when you're not expecting any cashflow.
Saving Bitcoin is just holding them for later consumption and ideally preserving or increasing buying power while doing that.
I think, nostr:npub10vlhsqm4qar0g42p8g3plqyktmktd8hnprew45w638xzezgja95qapsp42 means in times of uncertainty, holding Bitcoin is less risky, while investing in anything else comes with a higher risk.
Which is kind of a paradox, because higher risk should be awarded with more ROI. Nevertheless, Bitcoin might be less risky and provide higher ROI!
If it turns out to be true, this is the strongest signal how broken Fiat legacy financial system is.
What’s up Jimmy. Just saw you on with the Crosspolitic fellas! Great episode. Those guys all had the same initial questions, head shakes and confusion we all once did when we were introduced to bitcoin. They’ll see the light. It’s encouraging to see a fellow brother in Christ Orangepilling the Christian world. We need more of this. It’ll catch 🔥soon enough. God Bless brother
-Followed 🫡⚡️
Hi, have you seen an indie film called “Past Lives”, written & directed by Celine Song?
Very good!
It's like running, with scissors, at this point