I was talking to a friend today. She’s doing really well for herself. Got a solid job an year ago, recently got promoted, moved to a nice apartment, even went on a vacation for her birthday this year. She’s doing everything right.
But she also mentioned how hard it’s been to actually save. Every month, after paying her bills and treating herself (which she deserves), the rest of her money ends up going back home. Family. Responsibilities. What we call “black tax.”
And the thing is, it’s not that she doesn’t want to help. We all want to take care of our parents. But it becomes this cycle: the more you grow, the more your family assumes you’re rich, and that help turns into an obligation.
What’s crazy is, most of our parents still work. They have jobs. They just can’t do much with what they earn anymore because the money itself has lost value. Inflation quietly steals from them every day, and we’re left picking up the pieces.
That’s what got me thinking.
Black tax wouldn’t exist on a #Bitcoin standard.
Because if money actually held its value, if people could save and build long-term, families wouldn’t be stuck starting over every generation.
This is why Bitcoin is important for young people, especially here in Africa/Kenya. One, to save in something that holds value. And to finally break the cycle.
I’ve been preaching Bitcoin to her for a while. I hope this experience finally nudges her to start saving in it/take it seriously.