MultiversX Tracker is Live!

Bitcoin is about freedom

Bitcoin Reddit

More / Bitcoin Reddit 206 Views

As humans, we require somewhere to park the value of our efforts across space and time. This is the primary function of a tool called money.

Since 1971 (when the U.S. defaulted on its gold debt to other sovereign nations) and until 2009, people have been deprived of a sovereign store of value. We can run through the list together.

Gold and precious metals have been seized and manipulated countless times by governments and central banks.

Real estate is taxed and over the course of 30 years you will lose a majority of the purchasing power you invested into it. Not to mention the pain in the ass that it is. I just understand 1 house in your portfolio to live in. But aside from that it doesn't make sense to use real estate as a form of wealth protection.

Stocks are manipulated and controlled by Wall Street, Central Banks, and the government (look at the meme stock hype for evidence and the illegal naked shorting that resulted from it).

Bonds are return free risk (thank you Peter Schiff). When the return for a bond is 2% and inflation is 7.5%, then your real rate is -6.5% at best. And that's with massaged government inflation statistics.

Speaking of inflation, the idea that inflation is necessary to sustain an economy is propaganda at best and straight up theft at its worst. If you zoom at max on the S&P 500, the chart looks eerily similar to the currency collapse of the Weimar Republic.

All of this leads me to Bitcoin. The completely sovereign, most secure computer network designed for one purpose alone; to defend your hard earned money from all the bullshit. No one can change the monetary policy, no one can destroy it, and I can use it to transact with whomever and whenever I want.


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments