How most people misunderstand Bitcoin (and why you shouldn't):
Ever notice how people constantly misunderstand Bitcoin?
- They think it’s anonymous or great for crime (it’s not).
- They think it’s bad for the environment (wrong again).
- They assume it has no real value (also incorrect).
Let's quickly debunk these myths, one by one:
Anonymity Myth: Most people believe Bitcoin transactions are anonymous. Actually, the Bitcoin blockchain transparently records every transaction. This means every movement of Bitcoin is permanently visible. It's not hidden – it's far less anonymous than cash. It's an open ledger for all to see and review. Dumb for criminals to use.
Environmental Myth: You've likely heard that Bitcoin mining is bad for the environment. But did you know the majority of new Bitcoin mining facilities use surplus renewable energy – energy that would otherwise be wasted? In fact, Bitcoin is increasingly incentivizing green energy investments globally.
Intrinsic Value Myth: “Bitcoin has no real value,” some still say. Yet traditional currencies, like the dollar or euro, aren't backed by anything tangible either. They depend solely on trust and consensus, exactly like Bitcoin. Heck, some could even argue gold to have no real intrinsic value either. Bitcoin’s scarcity (only 21 million coins will ever exist) and global adoption reinforce its lasting value.
Volatility Myth: Some people dismiss Bitcoin because it’s volatile. Meanwhile, smart investors (which have done their research) quietly capitalize on volatility to build significant long-term wealth. How? Because volatility provides unique opportunities for growth if you know what you're doing, they buy when others are fearful.
Government Myth: Finally, skeptics argue Bitcoin could easily be banned by governments. This argument today is pretty easy to dismiss now that the US has established a Strategic Bitcoin Reserve (SBR), Digital Asset Stockpile, Bitcoin ETF's are the most popular ETF ever and getting deeper into the financial plumbing, public and private companies adding Bitcoin to their balance sheet and treasury, governments considering issuing BitBonds, etc. It's getting harder and harder to ban Bitcoin every passing day.
Sure things may change in the future but it's unlikely. Why? Decentralization and widespread global adoption have made banning Bitcoin impractical – even impossible. Countries that previously opposed it are now regulating and adopting it instead.
Spend some time doing the homework and keep an open mind!
#GN #Bitcoin #BTC #SBR #BitBonds #plebchain #grownostr
Bitcoins can be exhausting.
There’s no sugar coating it. It just is.
The only thing I can say to help is just keep learning about what you own and focus on other important things.
Time will make up for your short term suffering.
If that doesn’t help, just man up! A few days a year make up most of the gains, the rest of the time you are flat or down.
Worried about your stocks or Bitcoin dropping?
If you understand your investments and nothing has fundamentally changed, buy more during these dips if you can afford it.
Historically, selling now is the worst move.
Stay productive and tune out the noise.
#gm
This is a great podcast to subscribe to.
View quoted note →Be greedy when others are fearful.
Zoom out.
The small red blip on the right is where we are now, look left to see where you’ve been.
Buy Bitcoin.
Be fearful when others are greedy and greedy when others are fearful.
Few influencers are actually great at what they say they do.
What they are great at is getting your attention.
The best in any field are usually too busy doing the work—and terrible at getting your attention.
Funny how that works.
#gm
To everyone out there worried about the markets.
Tune it off. Close the TradingView window. Turn off your brokerage notifications.
Spend less than you make.
Don’t worry about keeping up with the Joneses.
Keep saving and accumulating into your IRA and Bitcoin.
You’ll be fine.
I know the economy is weakening when I suddenly start getting price alerts, from items I completely forgot about.
Especially those stubborn items that rarely even have a sale.
This is my signal.
The fed put is coming. QE begins soon. Money printers will brr. Risk-assets are going up. Bitcoin up.
Unpopular opinion: Bitcoin yield isn't a thing.
Just like a gold nugget doesn't yield anything.
Bitcoin's appreciation over time is the safest yield.
Yes, you can lend BTC, but if you don't know the source of the yield, well, your BTC becomes someone else's yield.
#PSA
What a win for privacy!
FinCEN BOI (Beneficial Ownership Reporting) officially not required for US Companies and US Persons.
#gn #privacy #fincen #boi #business
Too many people worried about Bitcoin, $MSTR, $STRK, $STRIFE
Just buy and hold.
Worried? Reduce your position size.
You’re complicating things. Walk away.
Hate Bitcoin? Buy $VOO $SPY $QQQM
Life is short. Worry about things that matter. Focus on things you love.
Eat meat. Besos. #gn #meatstr #plebchain
How great is it when you reach for something without looking and it’s actually there?
Imagine thinking this is a flex. 🤦♂️
#grownostr #plebchain #gn
“This Atlanta Fed prediction is because of a sharp increase in gold imports and American businesses front running tariffs. The U.S. economy IS NOT experiencing -2.4% GDP this quarter, but GDP could be 0.5%-1.0% (much lower than the last 2 years)”.
@less #gm #news #economy #gdp #gold
Phong Le explains why and how finance is taught in business schools with refreshing honesty.
Corporate incentive favors themselves (usually with M&A), not investors or shareholders. Bitcoin helps shift that mindset.
Watch the full interview with Tim Kotzman – it's great.
#gm #grownostr #btc #bitcoin #MSTR #STRK #business
One of the hardest parts of business is prospecting, the endless search for leads.
What makes it difficult is the time it takes to qualify the perfect lead for your product or solution and personalize.
The effort is worthwhile. Anyone can mass email, but the results are meh.
Anyone on #nostr dedicated to sales and prospecting/lead gen?
#business #prospecting #leads #plebchain #grownostr #asknostr
Lots of people worried about the market dip.
If you did your homework and know what you own, these are opportunities to buy. Definitely not the time to sell.
If you are too worried, your position sizing is wrong.
Think long-term and you’ll beat almost every investor. Trade short term and you’re likely to end up in a worse position
Embrace the chaos. These are the moments you’ll look back on and laugh about.
Buy #bitcoin #plebchain
Does anyone have any tips on generating quality leads with AI?
Any prompts which have made it easier to find niche specific contact information (including emails)?
Scraping?
Looking for different ideas to automate the process and be more efficient.
#asknostr #ai #business #leads #automation
