Bitcoin is savings technology. You spend ONLY on things you REALLY need. You always make sure you earn more than you spend. In time, your sats could buy more stuff, because is scarce and more people will want it.

On the other side, fiat is spending / debt technology. You are pushed to be forever in debt, so you cannot save anything. Fiat is forever debt, forever consuming for things you don't really need.

STOP thinking of your "wealth" in fiat terms. This is the biggest barrier that many noobs still do not want to understand. Don't try to fit Bitcoin in existing system. Adapt to how Bitcoin works, you are the one that must change, not Bitcoin. If you are not capable to do this change, you will simply die in misery, like many shitcoiners full of fiat mindset.

You grow it either by:

a) Working for it b) Taking calculated risks (lending it out, making trades, etc.)

I don't believe "risk-free return" can exist in a free-market system such as Bitcoin.

You work.

This mindset, is one I personally struggle to shake - but the logic that you have to work/take-risk twice for your money, is an artifact of fiat. It makes sense you have to work/take-risk once, to earn wealth, but working to preserve your purchasing power is a little messed up.

Mining

Trading labor for bitcoins

Working and create value for others?

I m almost sure i will not be a bitcoin millionaire but i m SURE i will not be a fiat millionaire.

Anything that you invest in will have a worse ROI than BTC. For example you could buy Coca Cola stock which may not be too volatile and pays dividends however you would be better off if you just buy BTC directly. Passive income is a nice thing however it pays in shitty fiat.

You save in the hardest money ever created.

Everyone has fiat expenses where there’s a 30 day or so period where you’re holding fiat until your bill is due. What if instead of holding fiat, you allocated that money to btc and let it sit there for a couple of weeks? Then once the fiat bill is due, exchange your bitcoin for cash.

Ideally your bitcoin has risen in value over the few weeks and then when the time comes, you’re exchanging LESS sats for same amount cash, then you slowly see your expenses, when priced in bitcoin get lower.

**There are A LOT of caveats to this but I’m just keeping it broad.

If you are being paid in fiat. You work hard, earn fiat, pay all your expenses and sweep the rest into bitcoin. It increases your purchasing power over time, hence your wealth.

If you are paid in bitcoin. You work hard, earn bitcoin, pay all your expenses (might have to convert some to fiat to do this but hopefully you have most of your expenses arranged for bitcoin payment or buying gift cards with bitcoin to pay most of your expenses), save the rest, it increases your purchasing power over time, hence your wealth.

Long term there will be opportunities to lend and borrow with bitcoin, to invest in private companies and startups but where we are in the adoption phase none of that really makes sense right now because unless you hit the next Uber doing start up investing you aren't likely to outperform simply holding bitcoin.

I still have regular income in fiat, which I convert into Bitcoin all the time.

Also, I keep a small part of my BTC as BPro, which gets a small free leverage on BTC price from the minting of Dollar on Chain (DoC), the Money on Chain stable coin pegged to the USD and backed by Bitcoin on the RSK Bitcoin sidechain.

Just wait.

Time will tell...

The way I see it:

You're either saving in Bitcoin, which should preserve your purchasing power, or at best will massively increase your purchasing power as it is an undervalued asset...

...or you are lending out your capital to get returns on it, here most of your options are fiat-denominated.

Bitcoin-denominated lending is effectively shorting Bitcoin - not something I would like to be on the lending side of.

I see it as savings tech but if you feel what you're sitting on cannot be drawn down or the annual CAGR isn't offsetting your consumption you've got to either sell your labour, fund others labour by starting a business or buying into a business that has cash flow but with all of that comes risk

No pretty way to slice it really

I work on r gular work. Get paid with local currency. Buy food, clothes, rent with this wage, all extra fiat sell to buy couple thousands sats and wait when people around me start to use sats as local currency

Wtf? What a retarded question.

You work more than you consume or take actual risk with investment and no one gives you free money. Is that really so unimaginable you had to make an entire post?

Trading options or derivatives on MSTR?