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2024-06-25 19:37:08

BeOG on Nostr: This saddens me. Very disheartening. Innocent #Bitcoin post....gets me kicked from ...



This saddens me. Very disheartening. Innocent #Bitcoin post....gets me kicked from beehiiv. More reasons to #Grownostr #BitcoinBlok #Blogstr #BeOG

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Dear Bitcoin Blok Family,

In my last post, I shared how Bitcoin became my personal antidote, rescuing me from destructive behaviors and opening up a world of knowledge. Today, I want to explore how Bitcoin is becoming an antidote for my entire family, solving problems I didn’t even know we had.

As I’ve delved deeper into the Bitcoin rabbit hole, I’ve realized that I was searching for something beyond personal growth – I was looking for a solution to give my family an identity. When you look at successful families of the past or thriving organizations, you’ll notice they’re known for something specific. Some families are known for real estate, others for owning businesses, and some for establishing various institutions. This identity ties a family together, giving them a shared purpose and legacy.

For my family, I want that identity to be rooted in Bitcoin. Why? Because Bitcoin brings a focus I haven’t seen in anything else. It neutralizes much of what I consider toxic behavior in modern society.

Take TikTok, for example. While there’s nothing inherently wrong with the platform, it often promotes content that I find concerning – gender wars, gossip, and sometimes even false information. This issue extends to most social media platforms. Our kids are learning to dance, but they’re not learning about money. They’re absorbing various behaviors, but they don’t understand inflation. We’re turning to social media for education and information, which isn’t necessarily bad, but it requires careful vetting of sources and filtering out the noise.

What’s truly dangerous is how these platforms steal our attention subconsciously. We’re wasting time, putting our attention in unproductive places without even realizing it. This is a toxic part of our culture today, and I believe Bitcoin can help solve this problem.

It’s challenging to teach kids about money in today’s fiat standard. How do you explain the concepts of time and energy when the measuring stick itself is constantly changing? But with Bitcoin, these lessons become tangible.

Moreover, Bitcoin opens up possibilities that seemed out of reach before, particularly in the realm of family banking. In the past, wealthy families in the United States understood the risks of keeping their family’s worth in another person’s hands or in external institutions. They recognized that protecting wealth comes with certain risks, and establishing a family protocol was crucial.

With Bitcoin, family banking becomes not just possible, but easily achievable and more secure than ever before. Through multi-signature wallet arrangements, we can create a true family bank where each family member holds a key to the family wallet. No funds can be moved without the permission of other family members. This technology eliminates what has been a major stumbling block in the past: trust issues. Now, we can have transparency, trust, and access for all family members.

Imagine a family account where parents and children alike have visibility into the family’s finances, but movements of funds require agreement. This not only teaches financial responsibility but also fosters open communication about money within the family. It’s a powerful tool for financial education and family cohesion.

This is something we should definitely take advantage of. It’s not just about storing wealth; it’s about creating a financial system that aligns with our family values and goals. Bitcoin provides the infrastructure for this new form of family banking, one that combines the best aspects of traditional family wealth management with the security and transparency of modern technology.

When it comes to teaching about compound interest and value, Bitcoin provides the perfect use case. Over its lifetime, Bitcoin has been averaging an astonishing 156% year-over-year return. While this number is significant, it’s important to note that past performance doesn’t guarantee future results. However, even with more conservative estimates, the power of compound interest becomes clear. I challenge you to use a compound interest calculator with a more modest 30% annual return. The results are still astronomical. Imagine teaching your children about saving and investing with potential returns like these. It’s a powerful lesson in the value of long-term thinking and delayed gratification.

What I’m getting at is this: there are many forces in our society that hinder positive behavior and promote negative, toxic culture. These forces are stealing our children’s time, attention, energy, and of course, money. Bitcoin is the antidote that can start correcting and curing some of that behavior, while also providing tangible lessons in finance and economics, and even reshaping how we approach family wealth management.

By making Bitcoin a central part of our family identity, we:

  1. Provide a shared purpose and legacy
  2. Encourage financial literacy from a young age
  3. Teach valuable lessons about time, energy, and value
  4. Promote long-term thinking and delayed gratification
  5. Offer an alternative to the instant gratification of social media

Bitcoin isn’t just an investment or a technology – it’s a paradigm shift that can reshape how we think about family, legacy, and education. It’s an antidote to the toxic aspects of our digital age, offering a path to a more thoughtful, intentional way of living.

As we continue this journey, I invite you to consider: How could Bitcoin reshape your family’s identity? What toxic behaviors could it help neutralize in your life? Until next time check out the below video on what some may know as the “Waterfall or “Rockefeller Method”. https://youtu.be/MTpAY1LKfek?si=s7gA4bt_ZoRGAlAU

Stay sovereign, stay focused,

Joe Thomas Founder, The Bitcoin Blok

Author Public Key
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