I love this.

Somehow most don't want to think about these things.

I guess since they would have to admit how "poor" they actually are ?

Enough Money does make changes possible though, and the whole system is mostly in place to prevent us from getting financially independent.

#Bitcoin is a tool that can break the model.

If we apply it.... 🤔

"Monetary inflation isn’t necessarily bad in itself."

IF you believe Keynesian economics......

That there is a theory explaining how good fiat is and the only way we can survive, doesn't mean it is true.

Even that it is basically the only theory explained in academics doesn't make it the truth.

That most people feel save following the herd is a fact.

I have discussed this often.

And even if I can proof that every intervention can be explained two fold and be opposite of each other and still follow the Keynesian theory doesn't convince most.

It is safe to say it is the most active spread religion on earth.

And #Bitcoin is going to be the truth to dismantle that religion.

"No one uses it and I can’t pay my groceries with #Bitcoin.“

Isn't that saying "I don't want to be early and wait until everyone uses it" ?

And that is why we say:

"Everybody buys #Bitcoin at the price they deserve."

That was indeed my question.

I can't control how my pension, government scheme, is invested, so that is for us not an option unfortunately.

If one wants to leverage you could short or go long #Bitcoin.

So in that regard I was wondering why a private person would invest via Bitcoin proxies...

For me owning #Bitcoin myself is the only thing that makes sense.

For companies this is a completely different matter..

It can be hard to find a balance.

The extremes between new ATH and the bear market low are just too far apart in #Bitcoin.

So during the forming of a new ATH you should be staring at the screen, thinking WHAT !? 🤯

While during the bottom forming you should be staring at the screen, thinking WHAT !? 😱

I decided some years ago the biggest risk would be if I would look back and could have put in more into #Bitcoin.

So I fixed that.... (without doing crazy things!).

But I have things in order, a house paid for, a basic pension in place, etc.

If #Bitcoin goes to zero I will have to find additional income again.

If #Bitcoin continues on this path I will do fine and I can give my kids a good start in life.

Financial freedom starts with a plan.

To make a plan you need to be honest about your expenses and your income.

Don't forget a pension, don't ignore inflation, take marges to the safe side.

Next stick to the plan.

Without any risk you will only be rich if you already are !

Be responsible for your own decisions.

What could be a reason for plebs to own this iso #Bitcoin itself ?

For companies that can't buy #Bitcoin I understand !

It may be time to revise a part of that ?

I'm thinking in the line of:

"Beter have some, it may go crazy"

M2 worldwide is some 80 trillion.

When #Bitcoin has taken over this means one #Bitcoin would be ~ $ 4 million (as a starter).

Now look at the onchain transaction and what that would mean to the value being moved around.

Still think we plebs will transact much on-chain ?

On-chain will be used for large settlements.

High value, and for us, high fees.

Invest some time in LN.

It is working, fast and cheap.

You can be self custodial or not, whatever you like.

You will be using it in the future.

The chart shows basically the inflation and other abuse of the system.

Those things getting cheaper is not because these are not affected by inflation or that abuse, it shows technical improvements and efficiency improvements are able to offset that inflation and abuse !

Without inflation and abuse most would be getting cheaper.

Nice observation.

I think most realize this quite early in life.

But then the get blinded by all those nice goverments promises and arrangements thst seem in place.

Only to find out way later in life that a lot of those promises are not as good as was told, and the price that was paid was way higher than thought.

And there are so few who do point this out, I can understand the cosy feeling the majority is giving.

And the last factor before #Bitcoin there was not a real alternative except taking huge risks to beat the system.

It is a good start.

But there is way more, and sinister ongoing.

Now just find the ~ $94k to do so 😉

Anyone else noticed these graphs are changed in time ?

So today it says the bottom of the graph is 2,48 million.

But in a few weeks time this same point, by then moved to the left of course, will be a higher number (well it worked that way sofar)..

It is like they discover, over time, they where wrong and adjust the numbers.

Several weeks ago the lowest number in this graph was around 2,3 million.

Somehow that same point in time is now depicting a way higher number 🤷‍♂️

Even the current bottom is higher than that 2,3 million..

Most don't have enough #Bitcoin.

And such questions are not 'nice' to ask.

My cold storage hw wallet.

At some point enough Fiat will be trown at #Bitcoin as such the blackhole function will set in.

Nobody will be able to unsee it or outrun it.

Its gravity waves will rip through the fiat shit show.

Countries and central banks will try to outdo each other by turning on every way to create more dirty fiat to throw at it.

Institutions, companies and the rest will scramble to free up cash and reserves just trying to get some.

Please stop thinking any plebs will have the time, opportunity, and perhaps not even enough to pay the temporary extreme onchain fees.

Time to stack for plebs is now !

Nothing compares to the virtual printers thst WILL be turned on when countries start to FOMO.

🤑

I think it is going to he scary.

We have seen some FOMO, but when institutions, companies and Government start to FOMO, it will be something unseen before.

Nobody can imagine what absolutely scarcity in combination with unlimited fiat creation can do.

And what it will mean for those holding that fiat at that same time.

It will be a WoldWide Weimar event.

And probably move way faster than it did in the Weimar 🤯

Once that ship sails out it is going to be panic and chaos.

We don't have any precedent.

Banks will close and just declare default.

Pensions will evaporate on the spot.

Deals ongoing will be canceled, no onr will ship goods against a fiat price bargained for just some days ago..

All fiat strategic reserves will be dumped.

Energy will stop flowing and prices will have to be renegotiated into #Bitcoin.

It is just impossible it will go smoothly.

As soon as some big Saylors stand up the rest can't stay behind.

😱

I can't imagine how in the future people will find out we lived on a fiat standard and not think we must all have been crazy.

I remember I had to laugh when I was told about Afrika and them using glass beats as money, then the English would just move ships full of it in and use it to buy half of Afrika.

The future will just judge the same on us.

And to be honest it is that stupid..

If someone can create money out of thin air, who is stupid enough to go and work for it ?

You want to hear something even way more crazy?

We are all working some 8 hours a day for money that they can just print or pull out of thin air......

Let THAT sync in for a moment.....

#Bitcoin

I think slowing velocity was a consequence not the goal ?

Velocity means income for them via VAT.

And higher velocity is a form of QE by itself.

The whole fiat system can only keep working if the money supply keeps increasing, what way doesn't matter for them.

Of course it can't run away since inflation would indeed become hyper inflation and that kills the system rather fast.

#Bitcoin does solve these games.

In the end the population pays for those games one way or the other.

You won't get away with this so easy 🤣

The words and drawing is too explicit for that 😎

At the moment there are bigger targets for that kind of capabilities if available.

By the time these will become available probably #Bitcoin will be the biggest target.

We know quantum computer resistant fixes are possible, perhaps it becomes time to bring those discussions more into the open and start preparing for those possible upgrades ?

Gold was not to bad, and at that time working ok.

When other needs arrived, interconnected world, we were fooled by fiat money.

How this has happened and could be so successful for so long is going to be one for the history books (I hope).

Now it is time to take back the control of our lives and embrace sound money again.

They will try to prevent it and for us there is little else worth fighting for.

Spread the word (and knowledge):

#BITCOIN

That is an interesting combination of interest and expression 🤪

He looks so lonely 😢

If there is nothing to believe;

Believe you will have joy

Believe you will fall in love

Believe you will have kids

Believe you can be happy

Believe you can change things

Etc etc etc

Is there any reason to life ?