I started buying Bitcoin 3 years ago.
I bought a little because people who stayed politically centered during the Covid lockdowns were talking about it. These were people who understood there were two movies playing on one screen. They didn't get sucked in emotionally so much and were looking for a third way out. Most of them were financially successful I believe. Solid middle class. And as you know that demographic is just about gone.
I came to the conclusion, through online observation, that people looking for a third way out tend to gravitate towards Bitcoin.
So following their lead I bought some. Then I started educating myself by listening to Bitcoin podcasts and books on the mail route. I was taking in well over 20 hours of Bitcoin content a week. Still do sometimes.
Plus I was desperate. My Dad just died (my first purchase was on the day of his memorial service). Annie was getting ready to quit her full time mail carrier job so she could be at home with our homeschooled kids. We needed capital to start our native plant nursery. And I'm a curious person by nature.
They say people above 40 come to Bitcoin because they are curious by nature and/or desperate.
So that was luckily me.
I say luckily because Bitcoin has helped us financially. We're able to keep the bills paid. Without it we'd be in pretty tough shape. With Annie quitting the Post Office and inflation I don't think we could make it. Things are still tight, but they would be much worse I think.
I don't even think about the stock market or any another interest bearing asset if we have extra money to put away for a rainy day. Nothing performs like Bitcoin. Everything you stick into it doubles roughly in 18 months. I have no interest in owning second best.
I laughingly tell people if they see us living on the street they'll know why.
Yet from what I have learned Bitcoin just makes sense. The more unstable The Dollar becomes the stronger Bitcoin becomes. And at this point I don't see any saving The Dollar.
Our country is so far in debt that it will never be paid off. They are printing money just to keep the government solvent.
So Bitcoin, to me, will only get stronger. Nothing stops this train, as Lyn Alden says.
