Bitcoin is Not an IQ Test But a Humility Test

  Bitcoin is often viewed as an IQ test, where the smartest investors are expected to thrive. However, the reality is that intelligence alone cannot guarantee success in Bitcoin. Instead, humility is the key to navigating the ups and downs of the Bitcoin journey.

  Many smart people dismiss Bitcoin at first by over satisfying their ego. They either refuse to put in the work to study it or decide to stay completely ignorant about it assuming they already know what it is. Some people want to fix Bitcoin their way on their first arrival and realized that they can't fix it, this also makes them upset. They will say things like "Bitcoin won't work because it does not have elssticity" of course that's a projection from what they have learned in the fiat land where money expension is the status quo. Some people just don't like Bitcoin because it takes away power from the banks and the central banks, of course some of these people also work for these institutions.

  The journey to success in Bitcoin is not solely dependent on intelligence, but rather humility.


Humility allows you to:

- Acknowledge what you don't know,  and understand that Bitcoin is the discovery of money itself. Before Bitcoin everything you've learned about money was potencialy a lie.

- Recognize the limitations of your knowledge and experience, do not try to trade bitcoin using leverage for more money. Don't try to buy altcoins to make more bitcoin it won't work long term.

- Be open to learning and adapting to new information. Put in the work to learn and study what Bitcoin is.

- Avoid the trap of overconfidence and ego

- Make informed decisions based on facts, not emotions


The Bitcoin market is not an IQ test, but a humility test. It requires a willingness to learn, adapt, and evolve. Humility is the key to unlocking success in the Bitcoin space. As the market continues to fluctuate, it's essential to remember that intelligence is not enough; humility is the ultimate currency in the Bitcoin world.


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Bitcoin could be the best savings technology to help you on your first home downpayment

   Many people are trying really hard to save for a house downpayment so they can own their own home but unfortunately house prices keep going up keeping their savings below the 5% - 10% requirement from the banks. Often time these individuals are saving the money on a bank account yielding 0.1% interest rate, that's only $10 a year on $10,000 of saving. Meanwhile house prices are going up 10% a year on average. So a bank saving account clearly doesn't work. But what about other investment? 


   Well some people will go swim in the stock market for some stocks of which they don't fullly understand what the company really does or not knowing how to evaluate these companies that are more often zombie companies destroyimg capitals in virtue signaling projects that cannot be profitable without government money printing or handouts. Everytime you invest into a stock that you don't understand you're doing yourself a disfavor because you're more likely to sell that stock in the wrong time and some time you will sell at lost, which is not going to help you achieving your downpayment savings goal. What else left to try other than bank saving accounts and stocks?


    While this might sound a bit *stupid and risky but still, it could be your best fighting chance on reaching your goal of owning a home one day or even more than a home. You see, we didn't make the world this way we found it like that but that doesn't mean we need to always be a victim renter whose savings are depleting away due to the expansion of the money supply from the banks and central banks, it's a silent theft that most people aren't being aware of even the home owners themselves. They think their home is more valuable because they saw the price went up but no the real value of the house is going down because the house is getting older. Bitcoin is a real way to measure the true value of something, houses and everything else have being crashing against Bitcoin since its inception there is a reason for that. That's because it's the scarcest thing in our known universe a 21 Million hard cap limit that no one can create more of and it's anchored into our real world through physics and energy(mining).

  

   What does all that have to do with your home downpayment? Well one of the most important thing to know when you're saving for a home is its real rate of inflation if your saving isn't growing faster than the rate the house price you're still under water, that's why you need the fastest horse in the race (something like Bitcoin) that can drive your saving up passing the required amount. Obviously it takes time for Bitcoin to that for you and you first need to understand it very well before you even consider buying a single satoshi. You will find few educational articles in here on this blog or elsewhere. 


  In conclusion, don't waste your time saving your money on a bank account that will yield you nothing. If you want a solution for your house downpayment try something new like Bitcoin and be patient holding it for 5 to 10 years you could surprised what you will be able to buy with your bitcoin. Use this website to calculate the dollar cost averaging return overtime dcabtc.com there I calculated buying $10 of Bitcoin every day for 5 years starting 5 years ago would have turned $18,270 into $65,006 (+255%).


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Why Bitcoin might be better than investing in real estate



     Many people buy houses as an investment strategy to protect their money against inflation or to simply benefit from their upside potencial denominated in the local currency.


   While that strategy might seem to be working in the short term it has it's own downfalls and it's own potencial damages to society. The problem starts with the money losing value overtime due to its abundance or the degree it is being printed out of nothing. This causes people to monetize everything else that was not money, spacially things that are relatively scarce and hard to make more of rapidly. 


   This explains why more people are considering things like houses as a mean to save regardless of how inefficient it is as a saving vehicle. Houses are physical therefore they are subject to decay and damages overtime that often cost a lot of money for repair in order to make them livable. That's why houses cannot be more valueble overtime in real term but, only appear to be going up in the failling currencies they are denominated into.


    Not only your money in your secomd property is not going up fast enough to keep up with the real inflation rate in your local currency but it's also affecting your community in negative ways you couldn't imagine. There is a limited amount of homes in a city/town and when multiple people are accumulating multiple houses as investment vehicles fewer people can afford to buy a house to call their own therefore less pride of ownership in the city, you end-up in a feudalistic system of land-lords or a society of renters. Ofcourse the house owners are not wrong they deserve to own their properties and the all profits coming from them, the problem is the "money" that's being devalued due to it's expension by the banks and central bank.


   Bitcoin is a fix to that specific problem of infinite money printing and it gives you back your property right to save in a money that does not steal from you. If you fix the money then you will fix the world, at least that's the promess of Bitcoin. If you denominate your second house into Bitcoin you will find out that it's crashing in value against bitcoin in an alarming rate, that's because Bitcoin is real money, it has a limited supply of 21 million and expensive to be mined. Here are some facts: Bitcoin's 10-year return on investment (ROI) is 2,546.8% ¹. Here are some key points to know about Bitcoin's ROI in different timeframes:

- 10 years: 2,546.8% ROI ¹

- Five years: 294.1% ROI ¹

- Three years: 160.6% ROI ¹

- One year: 29.54% ROI ¹

- Bitcoin's average annual return from 2010 to 2022 was 1,576% 


   In conclusion, Bitcoin is just better for you if you have any significant amount of money that you want to preserve for the long term. Houses are subject to rent control, taxes, seizure or asset forfeiture, expensive repairs or maintenace, meanwhile Bitcoin is maintenance-free you just set it and forget it for five to 20 years and never have to worry about your insurance company not willing to pay for damages done on your property. Owning Bitcoin is like owning the insurance itself without having to take another loan to do renovations that would enslave you even more to the bankers.


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How To Survive The Bitcoin Winter


   The term "winter" in the context of cryptocurrency and Bitcoin refers to a period of significant price decline and market downturn, similar to the season of winter. It is often used to describe a period of hardship and slowdown in the market.  In this context, "crypto winter" or "Bitcoin winter" refers to a prolonged period of low prices, low trading volume, and reduced market activity in the Bitcoin and cryptocurrency space.

   If you are new to Bitcoin or cypto it can be can very hard to get used to the fiat price volatility(or distractions). Until you get to the point where you understand that Bitcoin is absolute scarcity and everything else fall against it, you may struggle with its massive price swings.


   Many people will start off buying crypto thinking they are faster and have better return potential than Bitcoin, until the bear market shows up then some of these people will become more humble by going Bitcoin only. The same thing happened to me so just like every body else I got Bitcoin at the price I deserved. But what happen after you get Bitcoin is often a price downfall, this what I will help mitigate today. To be brief these are some of the key things to remimber doing if you want to survive a the Bitcoin winter:

0. (Joke aside) Go to coma for five to ten years, 1 bitcoin will still be 1 bitcoin.


1. *Hold on tight*: If you believe in the long-term potential of Bitcoin, just hold onto your money and wait for the market to recover.


2. *Educate yourself on Bitcoin*: increase your understanding of Bitcoin by listening to Bitcoin podcasts, listening to books like "The Bitcoin Standard". There are many good Bitcoin only content creators who will help you navigate through the winter waves.


3. *Don't panic sell*: Avoid selling during a downturn, as this can lead to significant losses. That's why it is very important to understand what you hold. 


4. *Stay up to date on new things*: in Bitcoin we simply Hodl but sometimes you may want to update your key security practices to a higher level such as multisig, family inheritant planning, etc.


5. *Consider dollar-cost averaging*: Invest a fixed amount of money at regular intervals, regardless of the price. This is a great way to beat the volatility waves.


6. *Stay calm and patient*: Remember that markets are cyclical, and the winter will eventually pass, and Bitcoin is infinty divide by 21Million.


Want more tips or have other questions? Feel free to ask!

  

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I Might Have Convinced My Boss To Buy Bitcoin


After 2 months I told my boss at work "to study Bitcoin", today he came to ask me more questions, it seems like he is interested to know more.

I told him to sell one of his trucks and buy Bitcoin with the money and save it for 10 years + for his family and children.

He sat and thought. I said Bitcoin is security and financial insurance for the future.

He asked me "what about the other Cryptos, what do I think?" I tell him that Bitcoin is the only thing I recommend to someone, everything else that is not Bitcoin is a scam.

I do this almost every day, I help people save their families with Bitcoin. When I tell you to buy Bitcoin it is a sign that I want to see good for you and your family.

If you work somewhere try to help the owner of the company buy Bitcoin, because the more financially secure they are, the more work is guaranteed for you long term.

If you know someone who has a business help them understand Bitcoin.

Be prepared for people who will ridicule you, because many people have a stigma about Bitcoin. But if they are interested, you will succeed in helping the person. Don't waste your time on people who aren't interested, focus on who need to learn Bitcoin 🙏🏽

How The Banks Enslave The World Under Massive Fake Debts

    We live in a fake world enslaved under the bankers fiat debt that is the cancer rotting all our societies across the world today. Fiat Money(Government issued money by force) isn't based on anything real but only falsehood of trust, credits and debts spread across the banking systems and the central banks. Most central banks and banks are insolvent that's why they need to print(or debassing) more of their currency to keep their system from collapsing or keep the ponzy going.


  The digital numbers on your bank account screen isn't real money and it is not yours neither you only have a limited access to it if you follow the rules, pay the high fees and manage to never say the wrong things, so you basically have right to text it to someone else in a very limited amount if the bank let you, and there is nothing real backing those digits equally to your hard work spent to obtain them.


   Those numbers on your bank account are not real money but just debt taken by your government that ended up replicated by your bank through more debt and credits or in other words they priduce fiction fractional reserve numbers. The banks can create their own fake digital money from nothing for doing nothing and give it to someone who is working as a form of chequing account, credit card debt(22% interest) or a car loan(20% interest) or a mortgage you spend your whole life serving. So you go to work giving your valueble time and energy to pay the bank 22% interest for a money they get to counterfeit for free out of nothing, and simultaneously debasing the wealth and wages of everyone else who is using that currency to receive income or savings to make them poorer.

 

    The banks don't even have enough paper money in their ATMs to pay back everyone their money, it's a fiction called (IOU) based on fractional reserve banking which basically the bank leveraging their very little reserve 100 to 1 or even more, there is no reserve requirement anymore. If there is a run on the bank today, people who get their money out of the ATM first get to eat and everyone else starves to death, but it doesn't really work that way since the money isn't real the government will be the fairy tale saviour who will print so much more money like a mad man to save the bank to keep the illusion of stability so the scam can keep on going. Because the big banks become so big they are no longer allowed to fail no matter rekless they with your money. The gov will print to save the banks because they own the gov and the regulators. Make sens right, since they have a monpoly on printing unlimited amount of money for themselves why not buy the gov and the central bank, thus these things solely work for the big banks, that's why they are not allowed to fail.


    Moreover the government is also issueing more fiat money(through gov. donds: promess to never pay back in the future) by taking on more debts, since the economy is not strong enough to produce enough revenue to cover their expenses on wars and other pet projects, the gov is forced to print more money to increase broad money supply and use it. But as you might have guess this is making everyone who is using that money for wage earning poorer since there are now too much of that money circulating in the economy thus "inflation". 


  We talked about the banks enslaving the people with debt but what about the neocoloniolism of the big central banks on the smaller countries? Well they found a way to enslave smaller countries without a physical chain but with debt chains. I will give you that billion dollar loan I printed out of nothing on the highest interest rate I can find, I will force you to do as I say such as: keep your people impoverished by printing your local currency to pay me interest, do not export your local products but import what you need from this specific country that I already have a deal with, elect this person who agrees with my rules of control, this was the central bank of the central banks talking(the IMF). That's the way the world works for decades now.


 What's the fix? 

  Very good question but before we start talking about the solution we needed to first understand the nature and the gravity of the problem. The bank was supposed to be a neutral institution that provides a simple service to their customers "holding gold money reserves" since gold couldn't scale enough to facilitate money transfers and global trade. But the banks abuse their power of holding other people money such that they become oppressive and arrogant to a point where they are limiting you on your own money you let them hold for you. But the worse of it all they are so over leveraged the entire economy becomes super fragile and dependent of the debt to keep on growing. That's while "deflation" is almost impossible, which would be the normal state of the economy where prices come down over time as technology makes things cheaper. So the more things would be cheaper for and me the more they printing money to keep prices the same or higher. And if the prices go down the entire ponzy collapse thus they won't let it happen, until we have a better system "Bitcoin" in my homble opinion Bitcoin is our best shot to put an end to this ponzy scheme.


  Bitcoin is digital hard money so you need to spend a lot of time and energy to receive it. It's impossible to create bitcoins for free. Its issuance is set in time and it difficulty increase overtime as demande increase. Since Bitcoin is digital it can be subdivide in infinite small fraction(Sats) to accommodate everyone in the economy and it does not require counterparty risk like a big bank to hold it for you but you simply need to secure 12 words. You can send it at the speed of light to the other side of the world so no need for the fed wire transfer that takes days to clear.


  The way Bitcoin fixes this is by allowing everyone the oportunity to save in a money they can hold themselves that does not lose value overtime through government and banks obsessive money printing, bu Bitcoin put an end to the money theft by having only 21Million bitcoin to ever exist till the end of times.



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How To Switch Your S9 Miner To Ocean Mining Pool Live and First Time Try


What Peter Shiff Misses About Bitcoin And Why he Still Doesn't Get it

  Peter Shiff is a great financial guru, he is known for being a big gold bug who loves calling Bitcoin fools gold. Peter has a good understerding of the economy and money but for some reason he seems to keep missing the importance and value of Bitcoin. I said seems to because this could be his way of promoting himself as the "loudest Bitcoin critic" since we know he is accepting bitcoin payments for gold he is dumping on his normie followers and he did have an auction to sell his gold ordinal JPGs on the Bitcoin timechain as well, but this is about his dismissive of Bitcoin.

  Peter seems to believe that in oder for something to be money it needs to have an intrinsic value or a utility value like gold has. Let's debunk that first, yes it's true that gold is a very useful metal, in the periodic table it's one of the best conductor of electricity, gold electrical conductivity (S/m): 4.51 × 10^7, it's being used in some electronics like smartphones and other computers. Gold has also been used as jewelry for at least 5 thousand years. It's almost indestructible because it doesn't rust and you can melt it down to make it take any shape or forms you want without losing any mass nor properties. But what made gold money wasn't any of these things, but instead it was its scarcity. 

  Scarcity is the name of the game when it comes to money, it doesn't matter how beautiful and shiny you can make an object but if there can be an infinite amount of them it will eventually fail as money because the market will find ways to make more of it. Before gold there were other types of money like sea shells, Salt(thus the name salary), Rai stones, etc. But all of these things can be made more of and that's why they hyperinflate at some point and that's why nobody is willing to use them as a store of value anymore, therefore seized to be money. These are one of the biggest things Peter seems to miss. Gold became money because of its scarcity first, then it became used as jewelry because the man gives it to his wife in marriage so if he dies she has some hard money to take care of herself. 

  Overtime governments were able to capture gold by using counter parties to create too much paper gold certificates and massive leverage on top of it and because it's hard to audit the gold we have to trust that they are not counterfeiting it. That's why gold price is surpressed for so long it's not even keeping up to the rate of  USD debasement.  

  Bitcoin is an improvement on Gold but it is even a better money than gold because there is no need to trust any body you can audit the ledger every ten minutes there is a new set of transactions stating who owns what and the total circulating supply that will never be more than 21Million bitcoins and which issuance decreases in half every for years till the year 2140 when the network transactions will already be enough to sustain itself. After the 2024 Bitcoin halving that happened in April 19th Bitcoin became scarcer than gold. Which mean there is less bitcoin available for sale right now than gold. Furthermore Gold is not that scarce compared to Bitcoin, if gold price goes up 2x Peter Shiff mining stock will get more funding to go dig more gold faster out of the ground to dump in market for profit to their shareholders, in contrast to Bitcoin even if the price 10x this year there is nothing the Bitcoin miners will get more than their scheduled block reward rate at the time. They can only increase their hashrate but not the issuance because Bitcoin is set in time not under the ground.

  You see Bitcoin is a rigid monetary network that's has a auditable and fixed supply cap and it is a payment network at the same time, meanwhile gold is only a monetary store of value of which supply can be increased with enough money invested in mining. In history of monies the hardest always win other the others that's why I think Bitcoin could win over gold since it's a thousand times better.

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How Bitcoin changes our time preference for a brighter future.

  bitcoincandor.com

 Being in Bitcoin not only increases your wealth exponentially over time but it also makes you become wiser to a degree you think deeper and farther into time instead of living by the day like most people in the fiat matrix do. 

  You either have a high time preference( short termist) or you have a low time preference(long termist), I know it's counterintuitive but let's explore both.

  


   Bitcoin lowers your time prefernce simultaneously as it grows your wealth, because now you have more money therefore more time to plan your life long term. The reason why most people don't get this idea yet is because they don't have the patience required, but also  they are stuck in their fiat thinking so they cannot envision a system that does not steal from them. 

  Bitcoin alows you to think about your actions, your health so what you eat matters because you need to live long enough to enjoy your bitcoin savings. Just not having to constently worry about money in the future frees a lot of mental hurdles in your mind. So you can dream big. You can start a business that will last 100 years. You can start a family with many kids, your last name will be around for many centuries.

   A society built on hard money principales like Bitcoin must have better outcomes because the incentives are aligned for a better world. But in contrast to that we have fiat or money by decree that destroys it all.


  Fiat money highers our time preference because it deprives us all from our time and our money. That's why you see most people are always in a rush to do anything and everything even if they shouldn't do it or the wrong way to do it. They don't want to think about the unintended consequences of their actions today but prefer someone else deal with the negative externalities tomorrow. 

  In a fiat world people are hopeless and they feel powerless so no reason for them to think deep in the future. As an example to this, governments today are printing money for all sorts of superficial reasons because most of those leaders are so old they think "it's okay because they won't be alive when the problems will have to be dealt with" so our kids will handle it as they say. No wonder why the younger generation feel so hopeless these days. It's because they are sacrificing their future for some invented "climate fixing goals" and invented "War dictator fighting wars". They are willing to print print prin to destroy the planet and kill everyone in it incloluding themselves just to achieve those fake goals they set for themselves.


   Bitcoin is a great way to isolate yourself and your family from fiat short termism to make them think long term and hopefully protect them from fiat negative externalities.


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How to accept bitcoin payments in your business


   It's a great idea to accept bitcoin payments in your business as it is the fastest growing economy online and set to be the future of money as we know it. When you accept bitcoin for payments not only you save on transaction fees(2% visa charges) but you're safe from charge backs, and most importantly the value of your money is not debasing over time, so you can focus more on your business not worrying about getting stolen from through inflation or other types of confiscation. Accepting bitcoin helps you attract a whole new set of customers that wouldn't be possible otherwise "bitcoiners", these people are really enthusiastic about Bitcoin and they will fly from miles away to come spend their Sats in your business just to support you. Enough of rambling lets go learn how to receive some Sats money.

  There are three ways you can go with this: 

  1. The first way is for Physical location businesses, if you want to receive bitcoin you can simply use any bitcoin wallet like: blink walletWalletofSatoshi or the Phoenix Wallet just put up your sign "bitcoin accepted here" and start stacking Sats for your business

  2. Second one is for online businesses, there are few services online that help you plugin Bitcoin payments on your website first one is BTCpay server which is basically a free and open source software that you can use. It's a little bit more technical but with a bit of help and some time put into it you will get it all setup, find their API here for ecommerce integrations.

  3. Other option for online businesses, if you're okay paying  $25/month for a white gloves service that handle the complexity for you then go to Zaprite they will take care of you.

In conclusion, there are a lot to gain when you integrate Bitcoin for payment in your business, since Bitcoin is both a payment network and a monetary network built for the digital age. There will ever be only 21Million bitcoins in existence and it takes time, proof of work and energy to get them out of the mathematical ground, in contrast to fiat currencies that are easy to create and almost impossible to know how much of these things are out there, so if you value your business and you want to stay in business for long then adopting a Bitcoin strategy like payment is not a bad idea. 

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How to Create Your Own Lightning Address to Receive or Send bitcoin(Sats) online or To Get Zaps on Nostr KYC-Free and Even on Your Own Blog

  Did you ever want to experience what it is like receiving micro-payments or tips for your contents, interactions or goods and services online or even in person frictionless with no middleman between you and your peers to take a cut? Well you are in the right place. These kinds of payments were impossible before bitcoin and the lightning network built on top. 

  Today we are going to learn how to setup a "lightning address" (or @LN address) using WalletofSatoshi, for inside the US you have a hard time finding WalletofSatoshi, use one of these services instead  from lightningaddress.comthe simple steps are as follow:

  1. Go install the app at: walletofsatoshi.com

  2. You will automatically receive an @walletofsatosi.com adress that you can change you own prefered username before the @.

  3. But first you will need to register your account using an email address, I suggest using an email defrent from your private mainly used email, just for your privacy.

  4. Go to your email copy the link Walletofsatoshi sent you and go to the app. You may need to use the given address for a while before you can get your personal one, but still you have an @LN address now you can use to receive payments.

   You can use that address to receive Sats tips on any social media platform, on Nostr and on your blog/website as well, I show you how to do that seamlessly here.

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Top Secret Ways To Stack Sats and Bitcoins With No Money In The Bank And No Cash in Your Pocket


    No money? No problem, I will show you how to stack your first Sats like a psychopath.  You might have heard that saying around the Bitcoin circles "Sack Sats Stay Humble", but how are you supposed to buy bitcoin if you're struggling to buy gas in this expensive world?  Well you're 100% right about that, and this is why we are not going to play big here, no we are not getting a hole bitcoin right now but we are simply going after a few Sats, and if Bitcoin is really absolute scarcity we might have a slim chance to make our dream come true and be able to afford much more than just fuel.  Back in the days when bitcoin was in the 10cents a coin there used to be sites called "Bitcoin Faucet" where you could go to and do some puzzle logins to receive some bitcoins, of course this was from the early adopters who wanted to spread Bitcoin adoption amongst more people, but now those bitcoin are worth multiple thousands of dollars heading to millions in the future at least that's what others think. But now Sats are the new bitcoins, it's no longer given away but you don't have to be a genius to get them easily.  Side note, "Sats" or "satoshis" are small units of bitcoin, one bitcoin is equal 100,000,000 Sats, just like 1 dollar is worth 100 Cents.  So one Million Sats is worth 0.01 times the current value of one bitcoin in USD term.  Now, let's go put our hands on some Sats.

   One of the easiest way to stack Sats is on stacker.news, just like the name says, it's like a news platform where you can report pretty much anything that might be import to someone else and if people find value in your post then you know your first Sats are guaranteed.  You can also publish your own ideas, Bitcoin questions or your documentations on a domain you really know about, the more profound and interesting it is the more Sats you will get. I myself @piecover have stacked over 81,000 Sats since I started using it in Nov 2023, that's 0.00081 bitcoin and it's only that much because I am not using it extensively, I also donate back a lot of that online to support a lot of other Bitcoiner content creators and Bitcoin merchants.  But stacker.news is not the only place to stack sats.

   Head on to Nostr, Nostr stands for Notes and Other Stuff Over Relays, but that's not what this post is about today, we want to put our hands on some Sats.  First you're going to create a Nostr account using any Nostr app like: Amethyst or Primal or Damus or Iris or any other Nostr client out there, it doesn't matter which one you pick because you will be able to move around with your Public and Private Key taking all your posts with you.  When you get on Nostr, start doing the same thing you would do on Twitter(X) or facebook but better and you will start getting rewarded in Sats for your valuable posts and insightful ideas.

   Once you start getting your feet wet on stacking Sats using those kinds of ways then you may want to acquire bigger amount on exchanges or just by selling things you don't need for Sats, working extra hours is also a great way and by doing some side hustle like lawn mowing, handy work, or some online gigs, this is by the way the case for a lot of Bitcoiners I know, you will get a lot more Sats working an extra hour at your job than most strategies that's just the fact as of today. But look, Bitcoin is proof of work, if you do enough work either by being online or in person it doesn't matter as long as you put it in Bitcoin it will always be a wise decision over the long term, just because the sats will only go up in value. I will explain more into that in deferent post. But for now just remember,  in order to hold on to your Sats for the long run you also need to keep working or providing value to the society otherwise you will keep spending them.
 
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Understanding Bitcoin's Scarcity and the Halving Mechanism

The Bitcoin halvings implications

Bitcoin's design inherently limits its total supply to 21 million coins. This scarcity is a fundamental aspect that the world starts to acknowledge, underlining a principle that is embedded in bitcoin's source code and very well documented in its whitepaper. The halving events — the periodic reduction in the block rewards for miners — further tighten this scarcity by halving the rate at which new Bitcoins are created every 210,000 blocks (approximately four years). This mechanism served to disperse the maximum number of bitcoins in the early years of the network's existence, and facilitated an efficient price discovery process.  What's more, as issuance reduces, Bitcoin's position as a store of value par excellence increases proportionally. This year's(2024) halving will reduce Bitcoin's supply growth rate from 1.7% to 0.85%, dropping below that of Gold at 1-2% per year.

   The most fascinating thing about the Bitcoin halving is that no body is controling it and nobody can stop it from happening. Bitcoin is a self-sovereign living thing, it pays for its own existence, it pays you to own it, it can't run out of money because it is the money. Everytime the Bitcoin halving happens, Bitcoin reinforced itself as a closed system that never leak time nor energy. More people will realize its reliability in a world full of turbulance and manipulations of money.

I prepared a video Version of this as well, that you may also like

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Bitcoin Breaks The "Milkshake Theory" Final Straw and Stops The Border Crisis Across The World

Most people approach a problem by looking at its effect and yell at it hoping it fixes itself, while others look for the causes and fix it. We are going to look at the causes of the border crisis in the US and hopefully offer a real practical solution. 

  People across the world are hopeless and desperate, they look at countries like USA as the "promised land" and they will do whatever it takes to get there. For them it doesn't matter if you call them illegals they just want to live and they are tired of watching others stealing everything from them after working for years to have what they had. The 1% in the US who controls the money printer deprives their countries from everything through the "milkshake theory" process, hence gangs and the gov of their country deprive them from their wealth and everything else they had.

   When US central bank and its banks print money it doesn't just impoverish people in the US who use the USD but most importantly it kills people across the world, the poorest get hit the hardest, bc USD is the world reserve currency.

    Thank God for Bitcoin that fixes this massive issue by breaking the final straw of The "Milkshake Theory". Everyday Bitcoin exist and keep operating as a proof of work money it's cutting that evil pipe that's sucking the life blood of all humans across the world(Americans included) to satisfy the money printers in the US, some slowly some faster the evidence is in the border.

If the world has a reserve currency that nobody can print then it levels its playing field, and opportunities can be found anywhere. Bitcoin is money without a printer but hard working people who love to work for what they earn.



How To Save On Bitcoin Transaction Fees


     Many things can cause Bitcoin network fees to skyrocket but today I am going to help mitigate that. Let's say you bought bitcoin from an exchange and now you want to withdraw it to hold your own keys to your money, so basically you want to take the bitcoin to your own wallet but you worry that transaction fees may be too high to move them again today or in the future so here are few things to consider:

   1. Transaction consolidation, this process is as simple as the name says it, you are sending all your bitcoins all at once to one address so that you already pay for all the individual data input for all your previous chonks of transactions. You can do that by waiting for fees to come down or you can try this second option

   2. Liquid, liquid is a Bitcoin sidechain(cheaper) you can use to store those small individual chonks of transactions staight from your exchange for a lower fee. You can use something called "sideswap" on the sideswap.io app to automatically receive and swap your BTC to L-BTC for about 0.1% conversion fee, ofcourse you may want to first calculate if this better to use this service that requires some trust instead of using the Bitcoin timechain, it's a tradeoff you are making, but can also send L-BTC to a more trusted bitcoin wallet like Green. Now when you feel like your liquid stack is big enough and you want to peg-out to base L1 BTC you can simply sideswap it out on the sideswap app. You can also move those liquide bitcoin faster and cheaper using the following technology as well.

   3. The Boltz exchance(boltz.exchange), this exchange will help you move your bitcoin from liquid to your lightning wallet visversa and from lightning to base layer BTC

  I really hope this helps you in some ways, if you found some value feel free to show some value back, thank you! Pie

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