Michael Kitchen

Helping people to have more fun, energy, joy and be better in every area of their lives. Musician/Marketer/Bodyboarder

[River @River]

Here is the inflation the government won't tell you about:

[Michael Kitchen @michaelrkitchen]

@BTC_JEDI21 Jamming this in my headphones. Cheeehooo!!!

[Michael Kitchen @michaelrkitchen]

@jackmallers What a great video!!!

[Michael Kitchen @michaelrkitchen]

@NoContextHumans When you bought the cow for 800 and sold it for 1000 you made $200 then you buy it again for $1100 and sold it for $1300 and made $200. If you add the first $200 with the second $200 you have a total profit of $400. You don’t make or lose the money until you actually sell.

[Michael Kitchen @michaelrkitchen]

@TheBTCTherapist Bitcoin because it is the best storage of value I’ve seen on earth and it will probably double in value every 18 months.

[Michael Kitchen @michaelrkitchen]

@HeroDividend Yes. A couple months ago that started here in Hawaii.

[Michael Kitchen @michaelrkitchen]

@rajatsoni @grok what’s a double top

[Michael Kitchen @michaelrkitchen]

We wrestle not against flesh and blood… Just saw a low-flying plane leave a thick trail across the Kona sky. This ain’t just vapor. Stay awake, saints. #Chemtrails #SpiritualWarfare #Ephesians612 #EyesOpen

[Michael Kitchen @michaelrkitchen]

I made a digital product called the Faith-Based Freedom Guide.
No fancy funnel. No fake results.
Just me learning how to build passive income as a Christian dad with my iPhone.
Here’s the link:
https://t.co/fKuqCalcQI

[Michael Kitchen @michaelrkitchen]

@FoundationDads Great thread.

[Massimo @Rainmaker1973]

The architecture of a hornets nest

[The Bitcoin Historian @pete_rizzo_]

JUST IN: MICHAEL SAYLOR CALLS #BITCOIN THE "ONLY ASSET ENDORSED BY A US PRESIDENT IN THE 21st CENTURY"

"$80,000 IS A HISTORIC ENTRY POINT. ALL THE RISK HAS BEEN STRIPPED OFF THE ASSET."

"BTC WILL RIP FORWARD WITH A VENGEANCE." 🚀

[Bitcoin for Freedom @BTC_for_Freedom]

Imagine working 9-5 for 50 years then The Fed prints 40% of the total money supply and inflates away 20 years of your work.

[Michael Kitchen @michaelrkitchen]

“For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.”
Ephesians 6:12 KJV https://t.co/EeWbgHUDly

[Michael Kitchen @michaelrkitchen]

“Thou preparest a table before me in the presence of mine enemies: Thou anointest my head with oil; my cup runneth over. Surely goodness and mercy shall follow me all the days of my life: And I will dwell in the house of the LORD for ever.” https://t.co/a5AmWC2zvx

[Michelle Maxwell ™ @MichelleMaxwell]

NYC is becoming safer 🇺🇸

[Michael Kitchen @michaelrkitchen]

@DeAngelisCorey Awesome

[Rajat Soni, CFA @Rajatsoni]

Give me 3-5 minutes to explain to you why crypto is a Ponzi scheme 👇

When you sort all digital assets (Bitcoin and crypto only) by market cap, Bitcoin is #1

#2 and #3 are Ether (Ethereum) and XRP

If I can poke holes in #2 and #3 with only a few hours of research...

Then how terrible are #4-#50,000,000?

Cryptocurrencies are (at best) businesses or (the majority) complete scams

Almost the entire industry is designed to move wealth from new crypto investors to old crypto investors

Just about every cryptocurrency is designed as an attempt to compete with Bitcoin

If you're new to this industry, I would recommend staying away from everything other than Bitcoin

You don't know when the cryptocurrencies you buy will collapse

And you have no idea if they will ever recover

Education is the only way to topple the crypto Ponzi scheme

Bitcoin ≠ Crypto

Bitcoin doesn't have any central authorities or people controlling the network

There was no premine

The founder has disappeared and has no control of the network

Every crypto is trying to fake decentralization

They are all centralized

Don't listen to crazy narratives like "faster, cheaper, cross-border payments" or "decentralized internet"

Focus on studying Bitcoin, then look at how other cryptocurrencies compare

Save this post and come back to it WHENEVER you feel the FOMO of buying anything other than Bitcoin, and share this with everyone you know

Don't let your friends and family fall for the traps

[Rajat Soni, CFA @Rajatsoni]

In the current financial system, your wages rise over time but you lose purchasing power

1971: ~$10,000 average annual income could support a family of 4

Today: ~$60,000 average annual income can barely support an individual.l

Bitcoin fixes this

On a Bitcoin standard, you will see smaller nominal figures over time for income and prices, but the purchasing power of your savings will increase over time

In 2009: 1 BTC bought nothing

In 2012: 1 BTC bought 1 fast food meal ($12.48)

In 2016: 1 BTC bought 2 weeks of groceries for a family of 4 ($654.76)

In 2020: 1 BTC bought ~1 year's of groceries for a family ($9,314.28)

Today: 1 BTC has the purchasing power to buy ~5 years' worth of groceries for a family ($94,498)

By 2030, 1 Bitcoin will buy 15+ years of groceries

Bitcoin's purchasing power increases over time because it has a finite supply and can fulfill all the functions of money