It's nonsense to use batteries that need to be charged with a gasoline generator.
Your statement that the fall of the US "global superpower" began in #1971 with the end of the #gold standard is interesting. There are certainly many factors that have contributed to the relative decline of US power in recent decades, including:
* The rise of #China and other emerging economies
* The end of the Cold #War and the collapse of the Soviet Union
* The Iraq War and other foreign policy debacles
* Domestic political polarization and gridlock
* Rising economic inequality
* Declining trust in institutions
The end of the gold standard in 1971 was a significant event, as it marked the end of a system that had been in place for centuries. It also led to a period of high inflation and economic uncertainty. However, it is difficult to say definitively whether the end of the gold standard was a primary cause of the decline of #US power.
It is also worth noting that the Roman Empire declined and fell over a period of centuries, while the US has only been a global superpower for a few decades. It is therefore possible that the US will be able to maintain its superpower status for many years to come, even if its relative power declines.
Ultimately, the future of the US as a global superpower is uncertain. There are many factors that could contribute to its decline, but there are also many factors that could help it to maintain its status. Only time will tell what the future holds.
A 13-year-old is trying to change the system :)
How I feel when I exchange #fiat for #sats:
There are places in the world where you can't invest in even one brick, but you can still buy #sats a small part of something big. #Bitcoin
Having a window for your DCA is not bad, and it is still considered DCA. DCA stands for Dollar-Cost Averaging, which is a strategy of investing a fixed amount of money into an asset on a regular basis, regardless of the price. By doing this, you are essentially averaging out your purchase price over time, which can help to reduce your risk.
In your case, you are setting aside a fixed amount of money each week to invest, but the amount may vary depending on your income and financial situation. This is still considered DCA, as you are still investing a fixed amount of money on a regular basis.
The main benefit of DCA is that it can help you to avoid trying to time the market. When you try to time the market, you are essentially trying to predict when the price of an asset is going to go up or down. This is very difficult to do, and it can often lead to losses. With DCA, you are not trying to time the market, you are simply investing a fixed amount of money on a regular basis. This can help to reduce your risk and volatility in the long run.
So, if you have a fluctuating income, DCA is still a viable investment strategy for you. Just be sure to set aside a fixed amount of money each week that you can afford to invest, even if the amount varies. And, don't try to time the market. Just keep investing on a regular basis, and you will be on your way to reaching your financial goals.
#Bitcoin has a strange property. It always looks expensive.
#Dollar cost averaging (DCA) is a long-term investment strategy that helps to smooth out the effects of market volatility. By investing a fixed amount of money on a regular basis, you are essentially buying more Bitcoin when the price is low and less when the price is high. This can help to reduce your average purchase price and increase your chances of making a profit over the long term.
Of course, there is no guarantee that Bitcoin will always go up in price. However, if you believe in the long-term potential of Bitcoin, then #DCA is a strategy that can help you to minimize your risk and maximize your profits.
The people who are looking to get rich overnight are probably not going to be successful in any investment, including Bitcoin. Investing is a long-term game, and it takes time, patience, and discipline to be successful. If you are willing to put in the work, then DCA can be a great way to build wealth over time.
Here are some of the benefits of using DCA for Bitcoin investing:
* It can help you to average out your purchase price and reduce your risk.
* It can help you to stay disciplined and avoid making emotional investment decisions.
* It is a simple and easy strategy to follow.
* It can be used with any amount of money.
If you are considering investing in Bitcoin, then DCA is a strategy that you should definitely consider. It is a simple, effective way to build wealth over the long term.
Here are some tips for using DCA for #Bitcoin #investing:
* Set a budget and stick to it.
* Invest a fixed amount of money on a regular basis.
* Don't try to time the market.
* Be patient and don't panic sell.
DCA is a long-term investment strategy, so it is important to be patient and not expect to get rich overnight. If you are willing to put in the work, then DCA can be a great way to build wealth over time.
"#Sailing is the only way for me to forget about the world."
**1. Spot #ETF approval**
An exchange-traded fund (ETF) is a type of investment fund that tracks an underlying asset, such as a stock index or commodity. Spot ETFs are those that track the price of an underlying asset directly, as opposed to futures ETFs, which track the price of an underlying asset in the future.
A spot Bitcoin ETF would allow investors to buy and sell Bitcoin on traditional exchanges, such as the New York Stock Exchange. This would make Bitcoin more accessible to a wider range of investors and could lead to increased demand and price appreciation.
The U.S. Securities and Exchange Commission (SEC) has yet to approve a spot Bitcoin ETF, but Saylor believes it is inevitable. In fact, the #SEC is currently reviewing several applications for spot Bitcoin ETFs.
**2. Banks custody and lend against Bitcoin as collateral**
Currently, most banks do not custody Bitcoin or lend against it as collateral. This is because Bitcoin is a relatively new asset and there is still some uncertainty about its safety and volatility.
However, Saylor believes that banks will eventually start to custody and lend against Bitcoin as it becomes more mainstream. This would make it easier for investors to access Bitcoin and could also lead to increased demand and price appreciation.
**3. Fair value accounting rules from FASB**
The Financial Accounting Standards Board (FASB) is the private organization that sets accounting standards for public companies in the United States. In June 2023, the #FASB approved new fair value accounting rules for Bitcoin.
These new rules will require public companies that hold Bitcoin to report its fair value on their balance sheets. This will make Bitcoin more transparent and could make it more attractive to institutional investors.
#Saylor believes that these 3 catalysts will take Bitcoin to $5 million. However, it is important to note that these are just his predictions and there is no guarantee that they will come true.
The price of Bitcoin is determined by supply and demand, and there are many factors that could affect both of these in the future. For example, if more countries adopt Bitcoin as legal tender, this could increase demand and drive up the price. However, if there is a major hack or other negative event involving Bitcoin, this could decrease demand and drive down the price.
Overall, it is impossible to say for sure whether Bitcoin will reach $5 million. However, the catalysts mentioned by Saylor could certainly play a role in driving up the price in the future.
Be careful with boats. Safety first. #Bitcoin
Yes, the current potential for #BTC is very high. As you mentioned, there are only 3.32 million BTC that will ever be mined, and the global store-of-value market is worth $450 trillion. If BTC were to capture even a small percentage of this market, the price per BTC could be very high.
The bonus point you mentioned about #AI is also very important. AI is expected to lead to huge economic growth, which will increase the demand for BTC as a store of value. As more people and businesses adopt BTC, the price is likely to continue to rise.
Of course, there are no guarantees in the cryptocurrency market. However, based on the current factors, it is clear that BTC has the potential to reach very high prices in the future.
Here are some other factors that could contribute to the rise in the price of BTC:
* Increased institutional adoption: More and more institutional investors are starting to invest in BTC. This is a sign that the cryptocurrency is becoming more mainstream and accepted as a legitimate investment.
* Regulatory clarity: As governments around the world start to provide regulatory clarity for cryptocurrencies, it will make it easier for businesses and individuals to invest in BTC.
* Technological innovation: The development of new technologies, such as the Lightning Network, will make it easier and cheaper to use BTC. This could lead to increased adoption and demand for the cryptocurrency.
Overall, the future looks very bright for BTC. The cryptocurrency has the potential to reach very high prices in the years to come. However, it is important to remember that the cryptocurrency market is volatile and there are no guarantees. Investors should do their own research before investing in BTC.
We have a long way to go, so it's important to enjoy the journey #Bitcoin #sailing #nature
As long as you can buy bitcoin it is still cheap. Once the #Bitcoin Standard is established the only way to acquire bitcoin will be by working for it.
Don't invest in the market, invest in Bitcoin.
Information overload: a threat to critical thinking
In the age of information, we are constantly bombarded with data and news. This can be a good thing, as it helps us to stay up-to-date on current events. However, it can also be a bad thing, as it can lead to information overload.
Information overload can make it difficult to think critically. When we are constantly bombarded with information, it can be hard to focus and to process what we are reading and hearing. This can lead to us making impulsive decisions or decisions that are not based on evidence.
To combat information overload, it is important to be selective about the information we consume. We should also take time to reflect on the information we do consume. This will help us to make better decisions and to get more out of the information we are given.
One of the most important things we can do to prepare for challenges is to be mentally prepared. This means having a positive attitude and believing in ourselves. We must also be prepared to work hard and to persevere in the face of difficulty. #Sailing
Big thanks to all the #Bitcoin investors who sell low. You're helping to make the world a more equitable place.