Instead of pushing Bitcoin holders out of their country, I think in the future governments will treat them very well.
On the other hand, with stocks and real estate, governments can treat investors worse over time because there's almost no way out unless you go through a regulated financial institution.
What do you think will happen if the US government has to borrow in a different currency?
Its power to borrow USD and do whatever it wants will be gone when (not if) the US Dollar loses its status as world reserve currency.
This is when I think anyone with unrealized capital gains in the legacy financial system gets rekt.
You can never own real estate because you will always pay property taxes.
If your government increases the property tax, what are you gonna do about it?
The market price will likely be forced down as fewer buyers want to hold a property just to pay 3-5% in property taxes each year.
You might be able to sell your property, but I think capital gains tax laws would be next.
Anything you've saved in real estate will likely be devalued significantly.
What happens if CG taxes go from ~20% to 50%+?
Since Bitcoin is a permission-less network, its users are free to move their wealth across borders as they please.
You can't pick up a rental property and move it to another country.
You can't send your stocks somewhere else unless you go through a financial institution that serves as a custodian.
If governments try to implement a property tax on Bitcoin and you have self-custody, you can send it to another jurisdiction within minutes.
If you don't have the keys to the address in the other jurisdiction, there's nothing your government can do to get that BTC back.
RajatSoniFinance
npub1ewjt...k3yt
People know who's going to play in the Superbowl tomorrow but they have no idea that Wall Street is accumulating all the available BTC
They're guessing which color Gatorade will be poured on the winning coach but they have no idea that the Bitcoin halving is in April.
This is everyone's opportunity to free themselves from the system, but most people are wasting their time on fiat entertainment.
The fact that Bitcoin is Halal is not priced in
I'm not Muslim, but I know how big of an impact this will have
Individuals who have never been able to invest before will be able to buy assets
I've spoken to friends who follow Islam, and they have no clue that Bitcoin is Halal
In fact... they don't even know what Bitcoin is
Traditional asset classes are based on "Riba" or interest
This means these assets are prohibited by the Islamic faith, because interest is seen as an unjust, exploitative gain, and such a practice is forbidden under Islamic law
These people are saving in cash, losing money each year due to theft from inflation
Trillions of dollars will flow into Bitcoin that have never been invested before, and most people don't even realize it yet
First Bitcoin crashed from $0.17 to $0.01
Then it crashed from $32 to $2
Then from $266 to $63
Then from $1,166 to $170
Then from $19,783 to $3,122
Then from $68,891 to $15,479
I bet one day it'll crash from $1M to $500k
I think I'd rather just hold USD because it's stable
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When priced in #BTC, US Dollars have lost 99.27% of their value since November 2015.
In the past 5 years, USD has lost 92.04%.
In the past year USD has lost 48.98%.
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Most people are NEVER going to retire
This isn't because they spend too much - (at least the ones I've spoken to don't)
It's because their savings are slowly disappearing
The value of their savings is being stolen from them and used to fund wars and stupid political movements
If you are saving in a government-issued currency, you will work until the day you die
The real estate market is designed as one of the biggest Ponzi schemes in the world and yet most people don't see it.
Some investors hold thousands of properties to store value. They promise easy profits to other real estate investors.
When these people understand how #Bitcoin works they're going to sell their RE holdings.
When they sell, the market won't be able to absorb the supply of homes at the current prices.
Over the long term, everything will trend towards 0 against Bitcoin and that includes housing.
You can make more houses. Dubai even showed us that you can make more land.
But you can't make more than 21,000,000 #BTC
Buying Bitcoin, even in small amounts, is so powerful because it will make you curious about where this can go.
Even if you only buy $50 worth of BTC every month for the rest of 2024, you'll have more than 95% of the world by January 2025.
Stop worrying so much about the complicated parts like "What's going to happen to Bitcoin in the year 3000?" - it doesn't matter because you'll be dead.
Focus on ACCUMULATING.
#Bitcoin was the discovery of digital scarcity.
It cannot be duplicated.
It doesn't matter which altcoin you suggest.
They are just tokens and they will never be globally accepted as money.
Altcoins are experiments for what will be built on Bitcoin in the future.
You DON'T need to buy 1 whole #Bitcoin for $43,000.
This is a common misunderstanding.
You can buy fractional units of Bitcoin called Satoshis (think of it like dollars and cents).
1 #BTC = 100,000,000 Satoshis.
When you go to an exchange, search for Bitcoin or BTC.
This conversion is automatic - you don't have to do anything - the exchange will do it for you.
Today, if the total 21,000,000 BTC supply was split between everyone in the world (8B people), everyone would get 0.002625 BTC or 262,500 Satoshis.
Bitcoin won't be split evenly.
Some people have thousands of BTC.
Others have none.
Today, you can buy 262,500 Satoshis for $112 USD.
As more people figure out how Bitcoin works, 0.002625 BTC will cost $250, then $500, then $1,000, etc.
You can buy as much or as little as you want at the current market price.
For example, you can buy $100/week, $10,000/month, $5/day - whatever amount you are comfortable with.
As more people understand Bitcoin, acquiring a significant amount will become much more difficult.
Most people already can't afford 1 BTC.
In 3-5 years, it will be extremely difficult to acquire 0.1 BTC (10,000,000 Satoshis are $4,300 today).
In 7-10 years, it will be extremely difficult to acquire 0.01 BTC (1,000,000 Satoshis are $430 today).
STUDY BITCOIN.
Blackrock's #Bitcoin ETF now holds 72,466 #BTC, up 2,461 from Thursday.
Blackrock holds 0.3451% of the total supply of BTC.
900 BTC are issued per day. In April this will drop to 450.
Yesterday, Blackrock clients bought 3x the amount of BTC that was produced.
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#Bitcoin miners receive a reward for mining. The reward includes a block subsidy and transaction fees.
The block subsidy is fixed. With every block, new coins are added to the economy. This subsidy decreases every 210,000 blocks (~4 years) and is guaranteed for every block that's mined.
#BTC transaction fees are purely based on market supply and demand for blockspace. Sometimes they go higher, and other times they drop significantly.
When transaction fees go up, the reward for mining can increase significantly.
For example, the miner for block 828750 received a 0.265 BTC transaction fee + 6.25 BTC block subsidy, so 6.515 BTC ($280,486). The block only had 948 transactions, and each transaction cost ~$1.40.
The miner for the VERY NEXT BLOCK received the same block subsidy but received a MUCH higher total transaction fee. Fees jumped to 5.514 BTC! The miner for block 828751 received a reward worth 11.764 BTC ($506,179) - almost double! The block only had 585 transactions, and each transaction cost ~$33!
If you wait a few hours to transact, fees will likely drop back down.
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Over the last year I sold my stocks
I now keep 100% of my savings in #BTC
My wife and I still own our primary residence and she still owns some stocks (she wants to diversify)
It took me 3 years of studying #Bitcoin to realize this is the least risky way to save for the future
I believe Bitcoin will outperform everything as a savings vehicle
FOREVER
I plan to hold my BTC for at least 10 years
I am aware of the potential of 70-90% drawdowns along the way
I don't care
Most people don't consider the counter-party risk associated with holding shares of a company
Owning stocks is very risky compared to owning BTC once you understand how Bitcoin works
Risk is the chance of total loss - a company can go bankrupt, the CEO could make a terrible decision that destroys the company's reputation, etc
When you own stocks, you rely on governments to make decisions that can have a massive impact on the value of your savings
People are easily corrupted and it can be hard NOT to make decisions that are for their own benefit, especially when presented with a threat or a big bag of cash
You have no idea what's going on in the background
Bitcoin doesn't have these risks
There is no central party that controls the Bitcoin network
There is nobody to sue
Bitcoin is software that cannot be coerced
All decisions are based on market consensus
I would rather rely on neutral and incorruptible software to keep doing what it's meant to do, over CEOs and politicians who don't care about me as an individual
Blackrock's #Bitcoin ETF now holds 70,005 #BTC, up 3,805 from yesterday.
Blackrock clients hold 0.003336% of the total supply of BTC.
900 BTC are issued per day. In April this will drop to 450.
Yesterday, Blackrock clients bought 4x the amount of BTC that was produced.
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Most investors are gambling.
They can't tell you anything about the supply or demand for the asset they own in 2040, let alone tomorrow.
Most of their decisions are based on past results. Nobody knows what will happen in the future when it comes to real estate and equities.
More houses can be built. Real estate can be destroyed (weather-related, wild fires, war). Interest rates can go up, forcing house prices down.
More stocks can be issued. Companies can go bankrupt. Taxes can go up or customers can leave, making a previously profitable company no longer a great investment.
This is why I think #Bitcoin is not an investment - it's a savings vehicle.
The supply of #BTC is guaranteed to never change.
My prediction of Bitcoin's value increasing over time is based on my knowledge that Bitcoin's supply is finite and humans will always value scarcity.
With Bitcoin, I know how much will be produced every year until 2140 when all 20,999,999.9975553 BTC are mined.
I know that, in April 2024, the number of BTC issued every 10 minutes will decrease from 6.25 to 3.125.
I know it will take 36 years to mine the last BTC.
I know exactly how much the current supply is because I can audit it using a basic computer.
Saving is supposed to be a way to guarantee that what you have will be there when you need it.
The transparency that the Bitcoin blockchain provides is a HUGE incentive for savers.
BTC will reach $1M before Bitcoin ETFs hold 1M BTC (including GBTC).
Exchanges have the lowest balances since 2017.
Keep in mind a lot of these balances are just there because they are too small to move to cold storage - a lot of these coins are not for sale.
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Blackrock's #Bitcoin ETF now holds 63,488 #BTC , up 6,859 from yesterday.
This is a MASSIVE increase.
900 BTC are issued per day and soon this will drop to 450.
Blackrock clients bought 7.6x the amount of BTC that was produced yesterday 🤯
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Anyone born after 1971 has never experienced a life where housing is seen purely as shelter.
In 1971, Richard Nixon severed the link between the US dollar and gold.
Since then, the US dollar has been broken as a store of value.
#Realestate has replaced the dollar as a long-term store of value in many developed countries.
Prices of houses have skyrocketed as more investors see them as a financial product.
#Bitcoin fixes this by absorbing demand from real estate as a long-term savings vehicle.
When real estate investors understand that #BTC is a digital asset that's a much better store of value than physical real estate, we will see a fire sale in the real estate market.
Bitcoin is better than real estate for your long-term savings:
- No large upfront financial cost
- No maintenance & repairs
- No risk of natural disaster
- No need for an inspector
- No dealing with tenants
- No need to collect rent
- No need for insurance
- No realtors or lawyers
- No liquidity issues
- No property taxes
- No interest (halal)
- No location risk
- No censorship
With Bitcoin:
- You can sell small chunks of your holdings instead of having to sell all or none
- You can buy or sell any time (the market is always open)
- You can buy or sell in seconds rather than months or years
- Your market to buy and sell is global
You CHOOSE when to retire.
Governments use retirement benefits as a way to keep you working, spending money on things you don't need, and generating taxes by dangling a carrot in front of you.
Don't fall for it.
Cut expenses, increase income, build an emergency fund, and save a portion of your wealth in #Bitcoin .
Ignore all the noise and take ownership of your future.
Government-sponsored pensions will likely be worthless within 20 years.
"Volatility" is not "risk."
#Bitcoin is more volatile than traditional assets, but it's risk-free once you understand it.
If anything takes down Bitcoin, we probably wouldn't be worried about money anymore because there would be much more important things to think about (food, water, security).
Any risk that applies to Bitcoin ALSO applies to traditional assets (eg. Electric grid goes down, internet stops working, etc).
I would be willing to bet that Bitcoin would be up and running before the banking system when electricity and internet are back.