Retirement assets are being used to sustain the fiat financial system. Whether it is lock-in periods in 401(k) & IRAs OR penalties for early withdrawals OR non cost-of-living adjusted pay-outs from Pensions & Annuities. The goal is to enable more Deficit, Debt & Debasement. Wake up to #Bitcoin. image
U.S. Govt. Debt = 110% of U.S. Retirement Assets If this trend continues, the retirement security of millions will be put at risk. Faced with potential debt servicing challenges, the US Govt. can simply pass policies that make retiring hard if not extremely difficult. Policies such as - increasing your retirement age, delaying penalty-free access to your 401(k) & IRA beyond 59.5 years, raising retirement taxes, reducing cost of living adjustments, etc. are all fair game to them. It is important to see through this mismanagement and protect yourself from being at mercy of policy reforms down-the-line. Study #Bitcoin. And once you do, you will realize that self-custodied BTC can play an essential role in your retirement plans. image
Why worry about capital efficiency, when you can simply print unlimited money. In only 6 years (during 2001-2020) - the U.S. added 1 US$ (or more) of economic growth per dollar of federal debt issued. When money is not a constraint, capital efficiency is not a top priority. Federal debt & budget deficits have been normalized. The government can be 'asleep on the wheel', BUT you don't have to be. Study #Bitcoin and protect your economic energy. image
Uncle Sam is going broke and he knows it! The federal debt is 7.5 times larger than its annual tax receipts, and the government spends 1.4 times more than it collects in taxes. But, oh yes! The Fed can print its way out of the debts. Not really. And, definitely not without consequences. Protect yourself. Study #Bitcoin. image
You paying higher taxes doesn't reduce the budget deficits. Government spending is out of control. The last time U.S. had a surplus federal budget was back in 2001. Indexed to the year 2000, Tax Receipts have grown to 218% and the Budget deficits have grown to 717%! Usually, governments finance these chronic deficits through currency debasement and debasement erodes your savings (& wealth). Plus, through inflation your purchasing power gets diminished. You cannot control how much the government spends, but you can control where you save your hard earned money. Study #Bitcoin! image
Are you early to Bitcoin? Being early or late is a function of your time-of-entry relative to the expected lifespan of an asset. Often, there is too much focus on the former and not enough on the latter. If #Bitcoin becomes what we all expect it to be (a widely accepted superior asset to preserve our economic energy) - then the difference between buying BTC for e.g. in 2019 vs. 2023 will not be significant. Instead of focusing on the last 15 years, there is merit in thinking of its total expected lifespan and simply DCAing into Bitcoin. In a capitalistic world, it pays to have a bias towards the forces of Creative Destruction, where new technologies erode the older ones in pursuit of growth and progress. If you believe in the forces of Creative Destruction, you are early. If not, sorry this ship has sailed. image