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2023-11-08 20:16:21

rajatsonifinance on Nostr: I went from thinking "#Bitcoin is an optimistic gamble" to understanding that Bitcoin ...

I went from thinking "#Bitcoin    is an optimistic gamble" to understanding that Bitcoin is the asset that will absorb the monetary value of EVERYTHING.

Keep in mind this was near the beginning of me truly going down the Bitcoin rabbit hole.

I would constantly talk about how stocks and real estate are great investments. They are, but only in a world dominated by fiat currencies.

"When you fix the money, you fix the world."

That means fiat currencies disappear.

That means housing becomes abundant.

That means people earn a livable wage.

That means we don't have to eat grasshoppers because someone said so.

In terms of fiat currencies, all of these things will get more expensive forever.

In terms of Bitcoin, they will all trend toward 0.

It took me 3 years of deep study to finally understand why:

Bitcoin incentivizes improving the quality and quantity of goods that people truly need.

And yet some people regularly say it's a Ponzi scheme, a scam, or a pyramid scheme after doing 3 minutes of research.
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npub1ewjtrpve0y42ak0tj4r0esp62p6uvpx57sukfaphtqlzedrfl04sl4k3yt