My net worth is 5x what it was in 2020.
And no, it is not because Bitcoin went up.
My Bitcoin cost basis is only a few thousand dollars below current price.
The real return came from going down the Bitcoin rabbit hole.
Bitcoin forced me to understand how money works.
How debt works.
How inflation works.
How incentives work.
How the system is designed.
Once you understand that, you stop making the same financial mistakes everyone else makes.
The biggest gain from Bitcoin is not the price.
It is the mindset shift.
Cycle after cycle
Bull market after bull market
You chase your own tail
> You buy altcoin
If you are lucky it pumps
They tell you”diamond hand”
Selling is for the weak
“Belieeeeeveeee in something”
It goes down 90%
You back to square one
You tell yourself - “next cycle i will do better!”
But you didn’t fix the root issue
You still buy things based on gut feeling
You still get your conviction from the timeline and not a system
You keep running in circles
For some of you guys 10+ years have based in crypto
And you are still on square one
Chasing and chasing and chasing
Around and around
Just like the dog in the video below (see next tweet)
I'll be honest. I sold the bottom at $266.
That was my paper hands moment. I'm not proud of it.
But I also held from pennies to $32, then watched it crash 94% to $2. Held.
Held through Mt. Gox. Held through the 2018 crash to $3,200. Held through COVID dumping it to $3,800 in a single afternoon.
"I'll buy when it dips" is what everyone says.
Then it dips 48% and they freeze.
What kept me holding was not bravery. It was understanding what I owned.
You have to know what you hold. Otherwise the dip owns you.
Let me get this straight.
Bitcoin started at zero. Absolute nothing. Worth less than your toenail.
No venture capital. No CEO. Never had an employee.
And it's now the 13th most valuable asset in the world?
And you think it's gonna stop here?
and some crypto bros still living with delusional mindset that $10,000 is not money.
people outside crypto bubble travel 130 days, visit 9 countries with $12,000.
you only live once.
BITCOIN JUST ENTERED THE DCA ZONE ON THE RAINBOW CHART.
BTC is back in the DCA Zone.
Each previous touch: massive rally followed.
Each time retail panic sold here.
The chart has never been wrong.
A man deposits $10,000 in a bank.
The bank thanks him and records the deposit on its balance sheet. But not where you might expect. For the bank, that $10,000 is actually a liability – because technically it belongs to the customer and might have to be returned.
So the bank does what banks do. It lends $9,000 of that money to someone buying a car.
Now something interesting happens. The $9,000 loan appears on the bank’s books as an asset – because someone now owes the bank money.
So the same $10,000 is doing two jobs at once. The depositor believes he has $10,000 safely in the bank. The borrower now has $9,000 to spend.
That $9,000 gets deposited somewhere else. The next bank lends $8,100. That gets deposited again. Then $7,290 gets lent out.
Soon the original $10,000 has quietly turned into tens of thousands of dollars of loans scattered across the economy.
Everyone believes they have money. Depositors see balances in their accounts. Borrowers have the money they spent. Banks show healthy assets on their balance sheets because people owe them money.
And here’s the best part.
Banks charge interest on all those loans – maybe 7%. But the depositor who supplied the original money might earn only 0.5% on their savings account.
So banks collect interest on money that mostly wasn’t theirs to begin with – and keep the difference.
The system works beautifully.
As long as nobody asks for the money back at the same time.
🇻🇪 VENEZUELA’S NEXT LEADER PROPOSED SOMETHING MASSIVE:
SELL THEIR OIL FOR BITCOIN AND BUILD A GIANT BITCOIN RESERVE.
THIS WILL MAKE THEM ONE OF THE RICHEST NATIONS ON EARTH.
FIRST EL SALVADOR, NOW VENEZUELA
BITCOIN ARMS RACE HAS BEGUN 🚀
If quantum “kills” Bitcoin, it also kills:
• The global banking system
• SWIFT transfers
• Stock exchanges
• Military communications
• Nuclear command systems
• Every HTTPS website on earth
If Bitcoin is dead from quantum, your portfolio is the least of your problems.
🚨 YOU LITERALLY CAN’T MAKE THIS UP.
THE DUTCH FINANCE SECRETARY WHO WANTED TO TAX YOUR BITCOIN UNREALIZED GAINS AT 36% JUST RESIGNED.
THE REASON? SHE HAD UNREALIZED CREDENTIALS.
NATHALIE VAN BERKEL CAUGHT FALSIFYING EDUCATIONAL CREDENTIALS ON HER CV.
THESE ARE THE PEOPLE WRITING THE RULES.
Paper money was never supposed to be the money.
It was a receipt.
You deposited gold at a bank.
The bank gave you a note that said:
"The bearer of this note may redeem it for X amount of gold."
That's all a dollar was. A claim ticket.
The paper had no value.
The gold in the vault did.
The paper just made it easier to carry.
This system worked for centuries.
Every major currency was backed this way.
The British pound.
The French franc.
The U.S. dollar.
Then, slowly, governments realized something:
If people trust the paper,
they never come for the gold.
So they printed more notes than they had gold.
Then more.
Then more.
When too many people asked questions,
they closed the gold window.
That was supposed to be temporary.
55 years later, the dollar is still backed by nothing
but trust. And that trust has cost you 97% of your purchasing power.
The receipt became the money.
Global money became trust-based.
And money became nothing but a promise
that nobody has to keep.