Welcoem to posts!!
in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
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Bitcoin How To Avoid The Scams and The Costly Mistakes
www.piecover.com/2024/09/crypto-how-to-avoid-scams…
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If I had more free time to mysef I would be writing and building more for Bitcoin @ piecover.com
What about you? What would you do if you had more free time for yoursef?
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Inflation is a vector that compouds overtime, real inflation is up 11% a year that's a 54.96% loss in purchasing power over a 4-year period. So $1000 from 4 years ago can only buy you $450.4 worth of stuff.
In the other hand, #Bitcoin provides a compound growth of 50% a year on average, that's a 609.55% increase in purchasing power over a 4-year period. So $1000 from 4 years ago will buy you $7095.46 worth of stuff.
piecover.com
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How Bitcoin changes our time preference for a brighter future.
Being in Bitcoin not only increases your wealth exponentially over time but it also makes you become wiser to a degree you think deeper and farther into time instead of living by the day like most people in the fiat matrix do.
You either have a high time preference( short termist) or you have a low time preference(long termist), I know it's counterintuitive but let's explore both.
Bitcoin lowers your time prefernce simultaneously as it grows your wealth, because now you have more money therefore more time to plan your life long term. The reason why most people don't get this idea yet is because they don't have the patience required, but also they are stuck in their fiat thinking so they cannot envision a system that does not steal from them.
Bitcoin alows you to think about your actions, your health so what you eat matters because you need to live long enough to enjoy your bitcoin savings. Just not having to constently worry about money in the future frees a lot of mental hurdles in your mind. So you can dream big. You can start a business that will last 100 years. You can start a family with many kids, your last name will be around for many centuries.
A society built on hard money principales like Bitcoin must have better outcomes because the incentives are aligned for a better world. But in contrast to that we have fiat or money by decree that destroys it all.
Fiat money highers our time preference because it deprives us all from our time and our money. That's why you see most people are always in a rush to do anything and everything even if they shouldn't do it or the wrong way to it. They don't want to think about the unintended consequences of their actions today but prefer someone else deal with the negative externalities tomorrow.
In a fiat world people are hopeless and they feel powerless so no reason for them to think deep in the future. As an example to this, governments today are printing money for all sorts of superficial reasons because most of those leaders are so old they think "it's okay because they won't be alive when the problems will have to be dealt with" so our kids will handle it as they say. No wonder why the younger generation feel so hopeless these days. It's because they are sacrificing their future for some invented "climate fixing goals" and invented "War dictator fighting wars". They are willing to print print prin to destroy the planet and kill everyone in it incloluding themselves just to achieve those fake goals they set for themselves.
Bitcoin is a great way to isolate yourself and your family from fiat short termism to make them think long term and hopefully protect them from fiat negative externalities.
To find more of my articles go to piecover.com
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In this channel you will find adequate Bitcoin Education for your financial freedom. I teach about the basics of Bitcoin and why it is a fundamental shift on how we view money and it's so different from everything else such as: crypto, stocks, fiat, bonds, etc. Join me on this journey by subscribing to this channel or find me on piecover.com for more details explanations of Bitcoin.
If you like this channel and you want to support my work just go to getalby.com/p/piecover