You are never late to Bitcoin, but you may be too late to exit fiat.
As Bitcoin continues to reach terminal exit velocity, fiat off ramps will start to close. Nations and banks will one day remove your ability to ‘cash out’ into Bitcoin, as they become aware of the dangers of not having enough Bitcoin. It will be considered a National Security threat for the government not to capture as much Bitcoin as possible when this paradigm shift happens.
So what happens to those left behind? You’ve heard “there’s not enough Bitcoin for every millionaire to have 1 coin each”, but what about companies too? What will happen to those reliant on the fiat system when they are hit on multiple fronts.
1) hyperinflation
2) their retirements collapse as companies who did not get any Bitcoin collapse
3) their fiat jobs are unable to pay in Bitcoin and they are stuck at the mercy of using the hyper-inflated fiats - or worse the CBDC replacement
How will this effect your family? Will your parents be able to retire? What about your friends? Will they be forced into CBDC slavery, unable to earn any bitcoin? What good is it to have Bitcoin and lose everyone you love in the process? Is there a solution?
You could choose to bail out your friends and family. Share your sats. But can you save them all? Don’t you at least deserve to build the life you always dreamed of? They didn’t listen to you, they didn’t suffer the bear markets and the ridicule.
Is there an alternative?
One way is to be ready to exchange your sats for value. Spend your sats. You receive value and the business owner now has sats to reinvest back into the business to provide more value.
Another way is buying the businesses. Bitcoiners should be preparing themselves to buy and manage businesses. Not only would you be investing in value added services to earn sats, you would also be providing Bitcoin wages to employees and injecting Bitcoin liquidity into the market. The circular Bitcoin economy works when we use it. Who better to use it than Bitcoiners? Seek the places that provide value and stability to your community and invest your sats there. This isn’t a bail out, this is the way we use Bitcoin to win by creating the circular Bitcoin Economy.
We can choose to be Bitcoin dragons, sitting on our hoarded icy cold treasure, watching its value increase to infinity, spending only when needed. Buying the farmland, building a homestead, living off the land being self sufficient and self sustaining has been a dream of mine. My thought was Bitcoin could provide this to me and I could have all I need and hodl my bitcoin forever, passing it on for generations. But if I wish to be the the change I want to see in the world, then I should be preparing to use my Bitcoin, not horde it.
Hodl until the time is right for you, and be smart with investments. Bitcoin is a hope for a brighter future. We Bitcoiners should be ready to invest in that future together, building the bridges to a better tomorrow.
