By understanding why #Bitcoin was created, it could change your perspective on how to store money.
The protocol empowers individuals to reevaluate their relationship with money and take full control of their bitcoin.
I am Responsibly Long BTC.
What does that mean?
1. I own more bitcoin today than I did yesterday.
2. I will own more bitcoin tomorrow than I do today.
3. I price my life in Bitcoin, not in fiat.
Being long #Bitcoin and short fiat is the responsible thing to do.
Bitcoin is a savings vehicle
Right now most of the world sees it as a risky asset
The truth is, Bitcoin eliminates risks that the legacy financial system has
Bitcoin is the only digital asset that is truly decentralized
The price in terms of US dollars may be volatile for a very long time (or forever)
But 1 BTC will always be equal to 1 BTC
Today, 1% of the world owns Bitcoin
In the coming months and years, Bitcoin will be distributed to more people
The current holders are going to have to be incentivized to sell
Wall Street is well known to use fear to its advantage
Keep in mind most of the people who own Bitcoin today don't actually understand it
They own it to make US dollar profits
People can FOMO in on the downside, OR on the upside
This means that Wall Street firms can increase the price of Bitcoin to get people to sell...
Because Wall Street has unlimited purchasing power
Dollars are WORTHLESS
More can be printed to buy Bitcoin at any time
Banks can print more at any time
Wall Street will pump Bitcoin's price to millions of dollars and get the people who don't understand it to sell their holdings
To me, Bitcoin is worth A LOT more than its US dollar price
Bitcoin is about freedom
Not having to rely on a bank or government to store and protect my wealth
I don't care where the US dollar value of Bitcoin goes
If I need some fiat to pay for my expenses, I'll sell some Bitcoin
If I have extra fiat, I'll buy some more Bitcoin
Unless they're in the early stages of a career or starting a business, productive people are net buyers of Bitcoin
This means the available supply is going to decrease forever because more and more productive people will create value and take any available Bitcoin
So use #Bitcoin the way it's intended to be used - as a savings vehicle
If you trade in and out based on the USD price, you will get REKT
