Exactly like with the banks investing in Miami beach-front housing.
Do you really think that those institutions would let their investments go to waste??
Pffft.
It's all FUD and scams to scare people into backroom agendas. Observe & watch what they do not what they say.
#Bitcoin
@Cryptotea Exactly like with the banks investing in Miami beach-front housing.
Do you really think that those institutions would let their investments go to waste??
Pffft.
It's all FUD and scams to scare people into backroom agendas. Follow what they do not what they say.
What a lot of people don’t understand about Bitcoin, is that…
There’s only 21 million, right?
So “there’s not enough for everyone”
———
But those 21M BTC break up into 2.1 quadrillion sats
So, there is more than enough for everyone that will ever live on earth to use Bitcoin as the money
@RonSwanonson I am surprised that's the first time anyone ever mentioned this.
Indeed we use satoshis and decimals of Bitcoin for a while now, and people really don't connect that that is the case.
I find this statement of "There's not enough for everyone) so odd.
@JessePeltan Not to mention more and more Lithium stores are found to mine as well. The supply is growing while the tech is also getting better.
Makes sense.
Bitcoin is about the long game and of waiting.
That's how real wealth is made. Over time. Accumulating. Waiting. Delayed gratification to the max.
This is not only important for Bitcoin, it is also for life.
#Bitcoin
Play the game for YOUR favor, not theirs.
The fact that the gov put in rules to benefit itself and its fellow co-ops, doesnt mean you have to go along.
Create your own game that you can win.
#Finance | #Bitcoin
YOU ARE LETTING THE GOVERNMENT TAKE 37% OF YOUR BITCOIN GAINS. LEGALLY. FOR NO REASON.
Sarah buys $50,000 in Bitcoin. It grows to $200,000. She sells.
The IRS takes $55,650.
She keeps $144,350.
Now watch what happens when she does it correctly.
Sarah buys $50,000 in Bitcoin inside a Solo 401(k). It grows to $200,000. She doesn't sell. She borrows $100,000 against it through a crypto-backed loan at 1% APR.
Tax paid: $0.
Bitcoin sold: 0.
Cash in hand: $100,000.
Bitcoin still growing: $200,000.
When she retires and her income drops, she converts portions to a Roth IRA at the lowest tax bracket. Withdrawals after 59.5 become tax-free. Forever.
The first Sarah paid $55,650 in taxes and lost her Bitcoin position permanently.
The second Sarah paid $0, kept her Bitcoin, borrowed against it, and set up tax-free withdrawals for life.
Same $50,000. Same Bitcoin. Two completely different financial outcomes.
The difference isn't income. It's structure.
The wealthy have used borrow-against-don't-sell strategies with real estate for decades. Bitcoin just became the best collateral asset in history. And Fannie Mae just started accepting it for mortgages.
The tax code didn't change. The asset menu did.
Stop selling. Start structuring.
It's best to stop listening to bs scripts like #Bitcoin as Store of Value.
They're $39 TRILLION in DEBT. Wake UP.
They know nothing about actual finance.
They sell this script so that YOU won't sell years into the future, while govs and orgs buy...
Do you see where this is going?
@Bitcoinprof0637 That it's best to stop listening to bs scripts like that one.
They're $39 TRILLION in DEBT. Wake UP.
They know nothing about actual finance.
They sell this script so that YOU won't sell years into the future, while govs and orgs buy...
Do you see where this is going?
This guy bought a physical Bitcoin bar in 2012.
100 BTC for $500.
Held it through:
-the Mt. Gox collapse
-multiple 80% drawdowns
-the pandemic crash
-the FTX collapse
and a million other scares
And finally sold it.
He walked away with $10 million.
Ten. Million. Dollars. 🤯
@OSUFanBigTime@MichaelOnBTC It'll run better and better because it's deflationary, independent of a central body, just runs, and the deflation will make it easier and easier to build wealth and create more value in the market over time.
Society would prosper with each passing day instead of getting worse.
I'd say #Bitcoin was designed to create a technology that will propagate wealth.
Either way, Michael is right.
The dollar will do that to itself, as any other #FIAT did in the past.
And hyperinflation because of the gov's "financial management" is on the table.
Prepare early.
The public doesn’t realise the world will run better on a bitcoin standard.
Bitcoin will not kill off the dollar.
That will happen on its own.
Notice your government’s endless printing and spending as they smile on camera saying it’s for the good of the country.
Clearly it’s far from it.
Hyperinflation is real and is approaching fast.
While people complain, the early ones prepare.
Covid, fuel and cost of living crisis is nothing compared to a currency crisis.
Makes me wonder if those in power are training us for the chaotic world coming?
They're good at inflating the balloon, and that's more or less it.
The govs and banks are good consumers, since they designed a system which allows them to do that without consequences.
Who pays the price are who works for that baseless system. Regular people.
#FIAT