You first need to take the orange pill, wake up from the Matrix, and finally understand what money really is.The deeper you study and understand money, the more you’ll realize that Bitcoin is the most superior form of money in human history.
You'll understand that money serves three fundamental functions: a Medium of Exchange (MoE), a Store of Value (SoV), and a Unit of Account (UoA).These are the three fundamental functions of money and the only ways money is used.
Medium of Exchange (MoE).
You can accept Bitcoin as payment for goods or services you provide. I don't know what you do for a living, but if you're a dentist, for example, you can accept Bitcoin for fixing someone's teeth. If you're a car mechanic, you can accept Bitcoin for repairing someone's car.You'll probably find someone willing to pay you in Bitcoin. You can also add your business to BTC Map so people who want to pay with Bitcoin can find you. All you need is a Lightning wallet. It doesn't even have to be self-custodial for everyday payments. The second fundamental function of money is Store of Value (SoV), meaning you can use Bitcoin to preserve your purchasing power over time by saving in it.You need to think about how to become your own bank through Bitcoin self-custody and preserve your wealth without relying on banks or other third parties.
And finally, you'll start using Bitcoin as a Unit of Account (UoA), measuring the prices of goods and services in satoshis instead of fiat currencies.For example, the beauty of this is that once you start measuring prices in satoshis, you'll see prices falling over time
You first need to take the orange pill, wake up from the Matrix, and finally understand what money really is.The deeper you study and understand money, the more you’ll realize that Bitcoin is the most superior form of money in human history.
You'll understand that money serves three fundamental functions: a Medium of Exchange (MoE), a Store of Value (SoV), and a Unit of Account (UoA).These are the three fundamental functions of money and the only ways money is used.
Medium of Exchange (MoE).
You can accept Bitcoin as payment for goods or services you provide. I don't know what you do for a living, but if you're a dentist, for example, you can accept Bitcoin for fixing someone's teeth. If you're a car mechanic, you can accept Bitcoin for repairing someone's car.You'll probably find someone willing to pay you in Bitcoin. You can also add your business to BTC Map so people who want to pay with Bitcoin can find you.
All you need is a Lightning wallet. It doesn't even have to be self-custodial for everyday payments.
The second fundamental function of money is Store of Value (SoV), meaning you can use Bitcoin to preserve your purchasing power over time by saving in it.You need to think about how to become your own bank through Bitcoin self-custody and preserve your wealth without relying on banks or other third parties.
And finally, you'll start using Bitcoin as a Unit of Account (UoA), measuring the prices of goods and services in satoshis instead of fiat currencies.For example, the beauty of this is that once you start measuring prices in satoshis, you'll see prices falling over time