Aurel ₿eckett's avatar
Aurel ₿eckett
npub1n2f2...dash
Studied autodidactically the heuristics and biases, history and the economics. Since 2021 focused on Blockchain and Bitcoin. https://x.com/AurelBeckett
Aurel ₿eckett's avatar
AurelBeckett 9 months ago
Leave the matrix, enter the rabbit hole, study Bitcoin. image
Aurel ₿eckett's avatar
AurelBeckett 9 months ago
With #Bitcoin you are a part of the solution, with Fiat, part of the problem. image
Aurel ₿eckett's avatar
AurelBeckett 9 months ago
Just a friendly reminder, to study the Austrian Economics and to study #Bitcoin. image
Aurel ₿eckett's avatar
AurelBeckett 9 months ago
Maybe this is the difference between sheeps and #Bitcoiners ... image
Aurel ₿eckett's avatar
AurelBeckett 9 months ago
Truth then, truth now. Protect yourself, study Bitcoin. image
Aurel ₿eckett's avatar
AurelBeckett 9 months ago
Stack #Bitcoin harder, get to one Bitcoin before it becomes impossible to reach 100 million sats. image
Aurel ₿eckett's avatar
AurelBeckett 9 months ago
If someone thinks he is late to #Bitcoin, remember that we are still the early adopters. image
Aurel ₿eckett's avatar
AurelBeckett 9 months ago
Why Tim Draper is a real Bitcoin legend Tim Draper is an American venture capitalist and investor, he was an early investor in Hotmail, Baidu, Skype, Tesla and many more. Draper made media headlines in 2014 for buying the seized Bitcoin from the Silk Road website in a US Marshals Service auction. Draper bought 29,656 Bitcoin confiscated by the U.S. Marshals for a total of $18.7 million, which comes out to $632.00 per coin. Since then, he is a Bitcoin advocate and has been countless times at conferences or broadcasts speaking about the advantages of #Bitcoin.
Aurel ₿eckett's avatar
AurelBeckett 9 months ago
When Fiat-currency devalues, your time loses value, when your time loses value, your life loses value. It's never too late to study #Bitcoin! image
Aurel ₿eckett's avatar
AurelBeckett 9 months ago
Did Gold hit a new all time high? No, the money lost its value drastically! Let's take a look closer. The Post-1971 Economic Shifts: On August 15th 1971 Richard Nixon abandoned the converbility of the US-Dollar in gold. That lead to an increase of Federal debt from $398 billion to over $36 trillion, an increase of more than 9,000% in approx 50 years. This unprecedented growth in national debt was only possible under a fiat currency system without the discipline imposed by gold backing. The dollar lost over 87% of its purchasing power since 1971, with some gold price analysis suggesting the decline could be as high as 98% when accounting for changes in calculation methodologies for inflation. Housing costs have skyrocketed relative to incomes. Median home prices rose more than 1,600% while median household income increased only 475%, making homeownership increasingly unattainable. The top 1% captured most economic gains as the middle class hollowed out, leading to wealth concentration levels not seen since the 1920s. This bifurcation of economic fortunes accelerated particularly after financial deregulation in the 1980s and 1990s. Why #Bitcoin is a hedge against inflation: Bitcoin has a capped supply of 21 million. The decentralized nature of Bitcoin means it is not directly influenced by government monetary policies. As more people and companies adopt Bitcoin, its value increase, offsetting inflationary pressures.
Aurel ₿eckett's avatar
AurelBeckett 9 months ago
Some life changing recommendations from Robert Kiyosaki, the mastermind behind the novel, „Rich Dad Poor Dad“. “Money is debt, that's how money is created, borrow money and buy assets, not liabilities.” “If someone punches you and you fall down, thank him and come back stronger. That's gonna safe you.” “Don't save in money, governments and banks can print it out of nothing, use this money, to buy sustainable assets.” “1st The rich don't work for money, the rich work to acquire assets. 2nd Savers are losers, inflation and taxes are robbing you. 3rd Your house is not an asset.” “The school system will never teach you about money, the school system was designed to teach you to be a good employee.” “#Bitcoin is designed to go up in value, the dollar goes down, Bitcoin goes up.”
Aurel ₿eckett's avatar
AurelBeckett 9 months ago
US Economic Indicators This Week US economic indicators such as the Leading Economic Index (LEI), Services PMI, and Manufacturing PMI pose potential impacts on #Bitcoin’s price, possibly influencing investor sentiment. A strengthening US dollar, supported by positive services data, could diminish Bitcoin’s appeal, while underperforming manufacturing metrics may weaken overall risk appetite among investors. Key events this week: Monday: US Leading Economic Indicators Tuesday: Various Fed presidents speak Wednesday: - S&P flash U.S. Services PMI - S&P flash U.S. manufacturing PMI - New home sales - Fed Beige Book Thursday: - Initial jobless claims - Durable-goods orders - Core durable orders - Existing home sales Friday: Consumer sentiment Conclusion Assessing the week ahead, it is evident that US economic indicators such as LEI, Services, and Manufacturing PMIs will play a crucial role in shaping Bitcoin’s price trajectory. With prevailing market uncertainties, especially linked to consumer sentiment and jobless claims, investors must navigate this landscape carefully.
Aurel ₿eckett's avatar
AurelBeckett 9 months ago
Some books i can recommend: Zero to One - Peter Thiel Thinking Fast and Slow - Daniel Kahneman About the Psychology of Money - Morgan Housel The Black Swan - Nassim Nicholas Taleb Tower of Basel - AdamLeBor The Daily Stoic - Ryan Holiday The Shards - Bret Easton Ellis The #Bitcoin Standard - Saifedean Ammous Meditations - Marcus Aurelius The Fourth Turning and The Fourth Turning Is Here – Neil Howe Rich Dad Poor Dad – Robert Kiyosaki The Silence of the Lambs - Thomas Harris
Aurel ₿eckett's avatar
AurelBeckett 9 months ago
Marathon Digital CEO Fred Thiel: “My recommendation, to my kids, for example, is they put just a little bit away every month in #Bitcoin, forget about it and just watch it grow.”
Aurel ₿eckett's avatar
AurelBeckett 9 months ago
Has Saylor’s Strategy bought #Bitcoin again? Michael Saylor just posted ''Insufficient Orange.'' on X what indicates that Strategy bought Bitcoin again. Saylor's last Bitcoin purchase came on April 14th when Michael Saylor's Strategy bought 3,459 Bitcoin worth $285.8 million. Currently Strategy holds 531,644 Bitcoin acquired for an average of $35.92 billion at an average price of $67,556 per Bitcoin.