Savings.

Think about that word. Savings rescues people from a plight or a pickle. It's preparation for the unknown. It's a way to account for the bad things that may happen.

Savings is also a way to prepare for something you *do* want. It's capital accumulation and funding for your goals.

Too many people don't know the power of savings. But really, it's about having a purpose, a dream. A goal has no power if you're not working toward it. And savings is a measure of how close you are to that goal.

The depressing thing about fiat money is that it inflates, debasing your savings, moving you further away from your goals. A third party called the central bank has the ability to steal from your dreams and purpose. And what is life without some purpose? It's a zombie existence where the goal is to stay alive, at whatever cost. In a very real sense, fiat money debases your life.

So we invest, trying to clear that ever-present monetary expansion/hurdle rate that will offset the theft from inflation. But that's a job onto itself. Managing money is a cesspool of rent-seeking and unless you do it yourself, a lot of the value you accumulate leaks to the Cantillionaires.

Bitcoin is freedom from this system. But more importantly, Bitcoin gives you back your savings, gives you back your goals, dreams and purpose because it doesn't leak.

Save and build your character so that when you have enough to pursue your dreams, you have the courage to jump.

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Discussion

Well put Jimmy. Thank God for ₿itcoin 🙏

The wife and I moved into her parent’s basement (very nice mother-in-law suite) for a year to save up for our house. That was the “responsible” thing to do and helped accelerate our savings by almost $10k

The fiat clown world price inflation of the housing market inflated the value of any house we tried to buy by about $100k, completely wiping out any savings we had accomplished over that year of being “responsible” and saving up for a down payment.

Still lucky enough to have ended up owning a home before interest rates hiked to the moon (also result of fiat clownworld money), but man when you get punished for doing the “right” thing… that radicalizes a person.

Never stop to do what you think it's right, because at least in the negative outcome scenario you can get stick to your values, otherwise doing the "wrong" thing sacrificing your value you would also lost yourself and not only being radicalised. Radicalise your virtue.

Wish you the best 🍀🫂

Thank you fam 🫡🫡🫂🫂💜

Life is good, I’ve got the house, work, and bitcoin.

Many people weren’t so lucky and are now essentially locked out of the housing market forever

Indeed, you are totally right, in the end could have been much worst, and you hedged probably in the best way in your condition so, well done! 🫂🍀

🫂

> A third party called the central bank has the ability to steal from your dreams and purpose. And what is life without some purpose? It's a zombie existence where the goal is to stay alive, at whatever cost.

🎯💯

As a fully retired person I know what it feels when your savings are debased ..

That said , government does get few good things done by debasing super rich .. roads , infra , education to name a few .. but it becomes bad when they spend on wars .. over all I guess the balance is now shifted towards deflationary savings ..

One may argue , that world has seen rapid growth in tech , quality of life etc with inflationary fiat system .. it incentives risk taking on credit .. thus leading to more entrepreneurs realize their dreams ..

Hence both options must coexist .. there is no "one" financial system that may solve all the problems .. Truth is always near the center ..

I wish more people understood this. TGFB!

Why keep repeating yourself?

That's all ok, what I was asking is.. can you sing a Song, just record it and upload the audio 😄☕👍.

🍎

Thank you