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83 sats \ 3 replies \ @DarthCoin 7 Jan \ on: I was wrong. Bitcoin is a great unit of account. bitcoin
I consider this a wrong view.
The value of bitcoin today is not related to the total wealth in the world.
Is related to each on of its users and to their TIME dedicated to earn that bitcoin. because Bitcoin is energy well packed that you can use in the future.
So what are you going to earn today in energy terms, you can store it in bitcoin and use it later, when you really need, for what you need it.
All this crap relating Bitcoin with various marketcrap it doesn't make sense.
Look at your sats as you future energy you will need it. You work today to be able to spend that energy tomorrow.
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In fact work is how you store your energy you put in that work.
Wealth = more time to spend doing stuff you like and NOT to work.
Think about the existing situation, with fiat mentality.
- People are working their ass to get some inflated currency that devalue quickly in time. That means their time get shrink. So they have to work more for more "time"...
- Once they finally get those fiat money, they are bombarded with bullshit crap propaganda that they have to spend more and more on all sort of crap that they really don't need it (see the book "Propaganda" by Ed. Bernays), just to keep them busy with... working more for more inflated currency. So again they will have less and less time and energy.
- you cannot "save" this inflated currency because they are going to tax the hell out of you, again taking more time and energy from you.
- they push you to lend more money, pushing you into an endless debt and sucking all your energy remained.
Now think about Bitcoin...
- You work hard you ass to earn sats, that can be stored forever and nobody can take them from you. So you literally store energy in a digital form that you can carry around anytime, anywhere. THIS is blowing mind invention! As I said in this article "Bitcoin is the 2nd fire discovery for man.
- From what you earn, you spend a little, enough to keep you safe, sane, healthy to be able to work more until you decide to retire. Spend wisely your sats, never more than you earned in that day. THIS IS SAVING ENERGY for later. Thing that fiat maxis do not get it.
- NEVER go back to debt. PERIOD. If you do not have enough sats to buy a thing you want, then work hard until you get it. That's why in the previous point is "spend your sats wisely". Spend ONLY on things that really matter, when it matter.
- bitcoin stored in a cold wallet are your future energy available, for when you will not be able to work anymore or you just want to enjoy the rest of your days, drinking a cocktail on a beach.