Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts

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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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.



WHY BUY BITCOIN INSTEAD OF A SECOND HOUSE?


WHY BUY BITCOIN INSTEAD OF A SECOND HOUSE? THE MORAL AND ECONOMICAL CASE FOR BITCOIN OVER A SECOND HOUSE

FIRST OF ALL, A HOUSE IS AN ILLUSION OF WEALTH BUT NOT TRUE WEALTH IT'S A BAD VEHICLE TO STORE WEALTH SINCE IT WAS NEVER MAENT TO BE USED AS MONEY BUT A UTILITY OBJECT, PEOPLE ONLY USE IT TO STORE THEIR WEALTH IN PLACES WHERE THE MONEY IS BROKEN, BUT NOW WE HAVE PERFECT MONEY(BITCOIN) THERE IS ALMOST NO NEED TO SAVE IN HOUSES THEREFORE NO MORE DRIVING HOME PRICES HIGHER TO PRICE OUT LESS PRIVILEGED PEOPLE WHO ARE IN NEED OF A PLACE TO LIVE.

INSTEAD OF SAVING IN A BANK FOR A DOWNPAYMENT TO BUY A HOME THAT WILL PROBABLY DOUBLE IN PRICE(IN DOLLAR TERM) BY THE TIME YOU REACH YOUR PERCENTAGE GOAL(20%), YOU CAN SIMPLY SAVE THE MONEY IN BITCOIN WHERE YOU CAN REALLY BUILD TRUE WEALTH THAT WILL LAST AND APPRECIATE IN VALUE FOREVER. 

CONVERTING YOUR HARD EARNED MONEY TO A HOUSE YOU MAY NEVER OWN IS A NET NEGATIVE FOR YOUR FAMILY AND YOUR FUTURE AND MOST IMPORTANTLY BECAUSE THE REAL VALUE OF THE HOUSE DECREASE OVERTIME THEREFORE IT NEEDS MORE MONEY AND WORKS TO MAINTAIN A LIVABLE STATE.

THE BENEFITS OF OWNING BITCOIN OVER A HOME ARE: YOU CAN SELL THE BITCOIN ANYTIME YOU NEED IT(IT'S LIQUID GLOBALLY), IT'S BORDERLESS ie YOU CAN TAKE IT WITH YOU ANYWHERE(BECAUSE IT CAN BE IN YOUR MIND), ALMOST MAINTENANCE-FREE, YOU CAN CALL THE SAVINGS IN BITCOIN YOURS THE MOMENT YOU START AQUIRE IT IN CONTRAST TO A HOUSE YOU CANNOT CALL THE HOUSE YOURS TILL YOU'RE DONE PAYING IT IN FULL WHICH IS ALMOST AN UNATTAINABLE GOAL FOR MOST PEOPLE. YOU SEE, THE MOST VALUABLE THING IN LIFE IS YOUR TIME AND YOUR ENERGY, WHEN YOU WORK YOU ARE TRADING THEM FOR MONEY BUT THE MONEY IS BROKEN BECAUSE IT'S LOSING IT'S VALUE OVERTIME AS FAST AS THEY ARE PRINTING THEM. BITCOIN IS HARD MONEY BECAUSE NO ONE CAN CREATE MORE OF IT AND IT IS LIMITED IN TIME ONLY 21MILLION BITCOINS TO EVER BE CREATED. THAT'S WHY YOUR SAVINGS IN BITCOIN DO NOT DEGRADE IN VALUE OVERTIME BUT UPGRADE IN VALUE. 

IN CONCLUSION, MY HOPE IS THAT MORE PEOPLE REALIZE THE POTENTIAL AND BENEFITS OF HAVING BITCOIN IN THEIR SAVINGS PORTFOLIO INSTEAD OF A SECOND HOUSE TO PROTECT THEIR WEALTH, SO THAT HOUSES CAN GO BACK TO THEIR UTILITY VALUE ONLY AND BITCOIN CAN BE USED AS THE SAVINGS TECHNOLOGY, BECAUSE THE PRICE OF BITCOIN GOING UP CANNOT PREVENT PEOPLE FROM HAVING A ROOF OVER THEIR HEAD BUT THE HOUSE PRICES GOING UP DOES.


THIS IS HOW MUCH Buying $100 of Bitcoin every week for

9 years starting 9 years ago would have turned $47,000

into $889,150 (+1,791%) HERE AT DCABTC.COM


The Podcast Version, Join me on my way to work talking about that



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A world full of crazy rats working for fiat overlords

      


      It's Friday after a long week of hard work, I fall on this old video song by Madonna - called "Ray Of Light". I have no idea what she is saying in the song but the images remind me of something that I have been thinking of for years now, something that I could never explain to a five-year-old at a straight face. 

     The video starts with the beautiful sun rising in the sky while she has to rush on getting ready for work, you see everybody running like crazy ants to get on the cars, trains, busses, airplanes, taxies to go do some sorts of activity to generate income which is a must if you want to survive in this world, meanwhile I saw two dogs sit back relaxing, They must be thinking the same thing as I am "These people are really crazy, working for fiat fake money".  She showed the time clock running so fast people are running out of time to even take their time to sit and eat properly, the rat has to keep on running with no ending sight with fake hope of getting out one day, the cycle repeats over and over again, and the tragedy of it all is that no one is noticing that this is a fake set-up made up by a small group of overlords controlling the supply of the money.                                            

But what is the solution? Or what is a real way to skip this trap? Well the solution may never be in the same fiat "fake money" setup everyone is running for, but in a money that is outside the system "Bitcoin". Bitcoin is the only money they can't f*ck with no matter how are hard they try. But should you stop working and just move everything to Bitcoin and call it a day? No, in my opinion you should keep on providing good value to society, keep doing what you do but even better now since you are working to convert your saving in perfect money, and you should upgrade your skills if you can to stack more Sats(bitcoins). The more you accumulate Sats(bitcoin) the closer you are to your freedom, because Bitcoin is the freedom money.

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    In conclusion, I could be completely misinterpreting the song and I am sorry if I do but I was glad to find a visual way to explain my observation of this tragedy that we are all experiencing. But fortunately enough to every problem there is a solution thus "Thank you Satoshi for Bitcoin!"


How Does It Feel To Lose Everything In Hyperinflation?

 How Does It Feel To Lose Everything In Hyperinflation?


 Hyperinflation is the process through which the money you are using is becoming worthless in the blink of an eye, meaning everything you used to be able to afford such as: food, fuel, water, clothing become unaffordable in a very short amount of time. This means all the savings you have had throughout your entire life just got obliterated. Obviously this is not funny stuff, in some cases this is a matter of life and death because we can only stay alive for a short amount of time never eating or drinking, and in a hyperinflationary zone food and water are very scarce. This may sound like it can never happen in your country, your leaders have been insuring you that you will be just fine, it's a nothingburger! Giving you can see the drastic rising prices, you intuitively know that these people are running off-key and it is painful to hear these false sense of security announcements. So it make sense to have an idea how it feel like to lose it all in hyperinflation so you can prepare accordingly.

How Does It Feel To lose it all?

Well, it definitely does not feel good when you cannot feed yourself or your family in any giving day. Specially if you were unprepared or unaware of what was going on. So it make sense to educate yourself about the state of your currency or economy and learn about inflation hedges to protect yourself and your family. If you find value in this post please take a minute to lightning tip me a few sats

I appreciate it!
Here is how much paper cash that was required to buy this much tomatoes in the Venezuela hyperinflation. 
   
The problem is that too many people think they will have time to prepare, this will make things even tougher for the ones who are preparing now,  but is the scale of which things will change. We have been living in high inflationary environment 

What Is The Best Inflation Hedge?

Bitcoin is your best inflation hedge, why you ask? Because there will never be more than 21Million bitcoins in existence, this makes it the hardest money out there. There are not much of other sustainable hedges, since everything else are correlated to the same old system so when it's falling they will probably fall all together, and everything else are simply distractions and noises. Bitcoin is the most immutable ledger of truth ever existed in the history of humanity. It is permission less, censorship resistant and inflation-proof. Now, this is not to say that you should put all your money into bitcoin without even really understanding it, no you should first start learning then take very small baby steps to learn as you go. 

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.


* Stream me some sats on Fountain with my Fountain Lightning Address - theunthinkable@fountain.fm






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