Bitcoin is The Invention of Money and You Can Buy Some (For Now)

I like Bitcoin because it finally led me to some answers for a few questions I always had as a boy growing up. I first bought Bitcoin back a few years ago because I don't like not understanding something.

I'm not Ramit Sethi where I smugly think I know everything:

Bitcoin?

Doggie coin #7?

Blockchain?

Timechains?

Wallets?

Proof of work?

Proof of stake?

What the heck are we talking about? Not staying on top of technology and how things work is how you get left behind fast.

So I bought some Bitcoin years ago because I thought it was number go up technology and for reasons of FOMO. At first, like most I bought it because the price was interesting, then as I learned more about it I realized that it's actually the invention of money, it's on sale and you can buy some... for now.

It's going to get to a point where the only way you can get Bitcoin is to earn Bitcoin. So if you can buy some Bitcoin now, I suggest you do exactly that.

Why can't you just save your money?

The first question I had as a boy was simple, why can't you just save your money? Before you scoff, and tap into your inner Ramit (or Dave Ramsey) and smugly state the obvious, that rich people own assets and you should strive to be a sophisticated investor.

You ever stop and think why smart guy, why you can't just save your money?

If money is supposed to be valuable, why does it not grow in value over time or at the very least maintain its value?

You should just be able to save your money and retire when you have enough, yet you can't because:

1) What is "enough?" You can't plan for the future properly because you don't know how much things will cost in the future thanks to inflation.

You're instead forced out onto the risk curve in pursuit of a yield and to exchange your currency that's being inflated away into scarce and desirable assets like real estate, Picaso paintings, Pokemon cards and anything that can't be made easily - as a way to maintain purchasing power.

The alternative is to just save your money and grow poor slowly.

Functionally, the S&P 500 (more specifically the magnificent 7) and related ETF's have now become money and the primary store of value Americans rely on.

Why is this?

Well the answer is because since 1971, our money has been backed by nothing and can be printed at a whim by our central bank. In reality the American dollar is backed by proof of war and oil, often referred to as the Petrodollar so every country has to use dollars to get energy.

This is America's exorbitant privilege. We can just print dollars which require no work to buy oil, while other countries have to work, produce value and earn dollars to buy oil.

As such, money can be printed to pay for programs, wars, and anything else to maintain voter support without having to actually vote on things, gain public support for initiatives and then tax the populace accordingly.

Oh, xyz group wants free this or free that? Let's just spin up a new program and print money to pay for it. Vote for us because we care, unlike those other guys who are selfish!

This inevitably leads to Tiktok videos of people saying "why is my life so hard and everything is so expensive. Someone needs to do something!"

No.

You need to do something and that something is to buy Bitcoin.

This money printing leads to inflation which is a hidden tax on savers who get debased over time to pay for government spending, wars, and anything else the "morally superior," yet poorly uninformed electorate deem important.

You need to invest (and risk losing money) or save in dollars and risk becoming poor if you're not earning more than inflation because you literally can't save your way to wealth.

But guess what?

With Bitcoin you can save your way to wealth.

Gemini 

My Bitcoin exchange of choice. Signup and dollar cost into Bitcoin. Also take a look at their credit card.

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