XeqT Monetary Freedom (∞/21M) + (₿+⚡) = 🧡 on Nostr: In order to begin understanding the value of Bitcoin, you need to start with the ...
In order to begin understanding the value of Bitcoin, you need to start with the following conclusion.
All Fiat currencies are 100% mathematically guaranteed to continue to be debased, a.k.a. lose purchasing power.
Once you understand that, you realise that working for and holding fiat currencies guarantees you will stay or become poor.
It also tells you that you should convert your fiat currency units for scarce and desirable assets as soon as you can.
Don't spend your absolutely scarce time and energy for currency units that are and will continue to be printed into existence in limitless quantities.
All Fiat currencies are 100% mathematically guaranteed to continue to be debased, a.k.a. lose purchasing power.
Once you understand that, you realise that working for and holding fiat currencies guarantees you will stay or become poor.
It also tells you that you should convert your fiat currency units for scarce and desirable assets as soon as you can.
Don't spend your absolutely scarce time and energy for currency units that are and will continue to be printed into existence in limitless quantities.