Inflation is the root cause of many problems in the society but not many people recognizes it because the system we are all living in requires inflation or money printing as a subsidy to keep moving, not necessarily moving forwards since inflation is a minus on our life saving but backwards because it resulted in things getting more expensive. Why do we all agree so our money can worth less overtime in exchange for a maybe-growing-economy that we have no control over?
Even when they say the economy is booming, it is booming in the expense of our money going up in flame and becoming worth less, for example when you see your house price goes up that does not always mean your house worth more money it simply means that your currency is losing so much value somebody is willing to give you a lot more of it for your house, but if you would convert your house price into a hard money like bitcoin you would see the opposite of that.
- Why inflation is bad for you?
When inflation is low(0.1% to 2%), the regular person does not often feel the burden because it's like having a miner leak on your tire so you can still drive around after you pump your tire back up but eventually the leak will grow bigger and you will no longer have a choice than replacing your tire. When inflation is out of control or it can no longer be manipulated to subsidize an artificially growing economy, this is when you start feeling the pain because you can no longer afford your living costs since everything cost 40% to 100% more expensive and at the same time your paycheck and your retirement stays constant because they are fixed income.
- The Bitcoin lifeboat
Bitcoin is a different form of money that nobody controls, unlike national currencies that can always get inflated by issuing so much more of it, there can ever be only 21 million bitcoin in existence, this unique characteristic of Bitcoin is consistent and unchangeable, for more than a decade now no matter what happened in the world the Bitcoin monetary policy has never changed, that's being said with certainty because Bitcoin is transparent, open and verifiable
- How to get yourself and everyone else you know into the Bitcoin lifeboat?
It is simple, buy bitcoin and self-custody it forever and teach everybody else you know about it so they can do the same. The Bitcoin standard incentivizes you to share your bitcoin knowledge with others because the bigger the ecosystem gets the better it is unlike the fiat system that incentivizes very few on the top to keep the secretes to themselves.- Conclusion
It is everybody responsibility to protect themselves from inflation, inflation takes away your fundamental human rights that is property ownership, Bitcoin is here to give every single individual property ownership with no strings attached. Never in history did we were able to preserve our hard earned money in time and space before Bitcoin.
To learn more about Bitcoin there are a lot more posts on this blog that answers a lot more questions about Bitcoin, please feel free to continue to explore more.
I am dedicating a lot of time and energy in researches to provide you all these information and knowledge.
My goal is to help as many people as I can crossing the bridge of understanding the Bitcoin saving
technology so they can protect themselves. If this post helped you in any shape or form and you would like
to support me you are welcome to contribute with as little as $0.5 to this bitcoin address below. But
most importantly please share this with your family and friends to help them out in understanding the
Bitcoin potential to save their lives.
If you find value in this post please take a minute to lightning tip me a few sats
I appreciate it!
- Conclusion
It is everybody responsibility to protect themselves from inflation, inflation takes away your fundamental human rights that is property ownership, Bitcoin is here to give every single individual property ownership with no strings attached.
Never in history did we were able to preserve our hard earned money in time and space before Bitcoin.
To learn more about Bitcoin there are a lot more posts on this blog that answers a lot more questions about Bitcoin, please feel free to continue to explore more.
I am dedicating a lot of time and energy in researches to provide you all these information and knowledge.
My goal is to help as many people as I can crossing the bridge of understanding the Bitcoin saving
technology so they can protect themselves. If this post helped you in any shape or form and you would like
to support me you are welcome to contribute with as little as $0.5 to this bitcoin address below. But
most importantly please share this with your family and friends to help them out in understanding the
Bitcoin potential to save their lives.
