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146 sats \ 14 comments \ @btccreative21 7 Jan 2023 bitcoin

Hi Bitcoiners

Hope you are well. Recently I have been thinking about what would I invest in if Bitcoin wasn't an option. I got a feeling I would probably still have been on a traditional path thinking about stocks and perhaps commodities to some extent, and the government money printing would continue as normal. What would happen to the world over the long run. Keen to hear your thoughts.

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10 sats \ 0 replies \ @btccreative21 OP 7 Jan 2023

Wow. Insightful information bitcoiners. @TomK Uranium sounds good. Heard abit about it. @grayruby I think now is the time indeed. In my area you can see how disgruntled people are with their situations.

101 sats \ 2 replies \ @DarthCoin 7 Jan 2023

If you have Bitcoin, you have everything you need. Don't "invest" in Bitcoin. Bitcoin is NOT "an investment", Bitcoin is energy money. Is your savings in energy and its future use.

Invest in your knowledge about Bitcoin, not in Bitcoin itself. If you think of Bitcoin as "an investment" you are on the wrong path...

10 sats \ 1 reply \ @Hermit 8 Jan 2023

Thank you. There is real wisdom in this answer. Easy to read, not easy to understand.

0 sats \ 0 replies \ @DarthCoin 8 Jan 2023

https://darthcoin.substack.com/p/darth-about-studying-bitcoin

1 sat \ 0 replies \ @grayruby 7 Jan 2023

What would likely happen, and is still a potential outcome if we don't help enough people opt out into Bitcoin, is the fiat ponzi would continue unabated until it was unsustainable. At which point, the system would collapse and a global surveillance currency issued likely by the IMF (digital SDR) would probably be used as the reserve currency. Many nations would use that as their domestic currency, while others just ran it back with a new version of their old currency. With more surveillance and control of course. US dollar would be the last fiat to fail.

I don't know how long we have until this future is a reality. Maybe 5 years, maybe 50 but we should all be pushing to help grow bitcoin adoption and education so the world is ready for the last battle when it arrives. Whether that battle is conducted by this generation of Bitcoiners or the next remains to be seen.

0 sats \ 0 replies \ @Kaffi 8 Jan 2023

Buy a house and rental properties

0 sats \ 0 replies \ @Hermit 8 Jan 2023

We can't think how the world would be or what you would do if the steam machine, the electricity or the internet was never discovered.

They are here and we act in consequence

0 sats \ 0 replies \ @NorthKoreanHostage 7 Jan 2023

I would just go ahead and run Bitcoin. The genie is out of the bottle.

0 sats \ 4 replies \ @btccreative21 OP 7 Jan 2023

@DarthCoin. Interesting insight, Bitcoin is energy money. Thank you for sharing.

10 sats \ 3 replies \ @DarthCoin 7 Jan 2023

Bitcoin is ENERGY stored in the most secured and brilliant way.

What people do every day, every minute? People are always in a continuous run for gathering energy, in many different forms: to eat, to store, to trade, to use it as money, to use it as savings. People depend 100% of energy (whatever form is that). People are spending also large amounts of resources just for STORING energy.

And then Bitcoin comes and fix all of these problems: Bitcoin is pure storage for energy, secured by mathematical algorithms, something that will be eternal. If you own Bitcoin YOU OWN ENERGY FOR THE REST OF YOUR LIFE.

This is where many people get it wrong with the FUD narrative that "bitcoin mining is a waste of energy"... in fact is totally the way around: Bitcoin is storing energy, for future use.

0 sats \ 2 replies \ @btccreative21 OP 7 Jan 2023

Strong insight. What about the goal to get 10million bitcoiners in the usa. A small minority is big enough to spread the use of Bitcoin. I know people talk about stacking sats, but the usage of bitcoin is important too. Part of the education.

100 sats \ 1 reply \ @Hermit 8 Jan 2023

There is no such goal. When you understand Bitcoin, you understand Bitcoin is inevitable. An energy based monetary system is a required step for the development of a modern society.

Every man kind in all ages thinks they live in a modern society, from the Romans to you. We are not even close. Bitcoin it's a huge step to it, like it was the steam machine, the radio, the electricity, the internet, etc.

0 sats \ 0 replies \ @DarthCoin 8 Jan 2023

0 sats \ 0 replies \ @TomK 7 Jan 2023

These days I really like high dividend paying energy stocks from the us market. Uranium junior miners could be a nice speculation...