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2023-06-02 07:16:32

Henkipatto on Nostr: Freedom is massively undervalued - Bet Bitcoin. Not all are created equal in the ...

Freedom is massively undervalued - Bet Bitcoin.

Not all are created equal in the world of assets and value storage.

Picture this landscape as a city, where the asset holds the highest, most desirable ground with the best characteristics for storing and growing value over time. What would you choose? Who stands to benefit when we chain ourselves to a mortgage and ignore the potential of assets like Bitcoin?

Why do people flock to the hamster wheel and trap themselves with liabilities? Is the comfort of owning your home worth the shackles of a 30-year debt? Reflect on this: you're trading decades of your freedom for a single asset that may not appreciate as much as you think. By all means, buy the farmland on high ground (like the billionaires now do) with cash. What if you don’t have billions?

A-GRADE

At the peak, we have Bitcoin. Like prime A-grade real estate, Bitcoin enjoys a built-in scarcity with a cap of 21 million coins. This scarcity gives it a distinct advantage over other forms of value storage. It's like owning a prime city property that cannot be duplicated or artificially inflated. On top of that, Bitcoin's decentralization makes it resistant to:

Political or economic interference. NOBODY CAN CONTROL IT.

→ Owning real estate outright with no possibility of eminent domain or government seizure. It is so powerful, yet so few...

It's like owning a skyscraper in a city where every other building is made of straw.

B-GRADE

The suburbs of our city are occupied by commodities - our B-grade assets. While commodities have inherent value and are a traditional hedge against inflation, they don't hold the same advantages as Bitcoin. Market conditions, political instability, and logistical issues can influence their value. Additionally, while some commodities are finite, they don't have the strict, verifiable scarcity of Bitcoin.

How are these competitive against Bitcoin?

C-GRADE

Finally, at the lowest ground, we find fiat currencies. In this model, fiat currencies are like C-grade property in a flood zone. Fiat currencies can be produced in unlimited quantities by central banks, leading to inflation or even hyperinflation. Massive debasement ahead. Look at Norway for, eg - Where is it heading?

They are also subject to governmental control and policy decisions. Over time, these characteristics make them a shitty method for storing time and energy - Don’t do it.

How insanely mental is it that the “debt ceiling” is unlimited for a few years? Imagine an average middle-income family living paycheck to paycheck and amassing massive credit card debt, which is now on the brink of default. What to do? Give 2 years of unlimited debt? “Ok, let’s figure it out after 2 years”. Problem solved?

I ask myself daily - I am always the crazy one here or? I certainly will not sell my freedom in this landscape.

In this economic landscape, I wish I had a currency I could bet, I even though NOK would be ok “They have everything that EUROPE needs, massive resources”, even the Somali shilling would be the better bet, it seems. Imagine waking up to find your life savings devalued overnight. That's the risk you run with fiat currencies…

Bitcoin stands tall on the highest ground.

- First Global

- Private (no government oversight)

- Digital rules-based

- Monetary system

Read carefully and rinse and repeat.

And those entrusting their future to fiat currencies - enjoy the inevitable value erosion.

Start growing a pair, start to question everything, and start learning. Cope with stoicism and live prudently. Stay humble and stack sats. And most importantly, do your own research. Dive into the world of Bitcoin and other assets. See for yourself if the economic landscape is as I've described. Make your own decisions. Your future wealth depends on it.

Don't trade your invaluable freedom for a worthless illusion. Choose the assets that empower you, not enslave you.
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