We are in the midst of a quiet revolution. Most people haven’t even noticed but the world is moving slowly but surely towards a new system of currencies, assets, and financial platforms.
Money plays a vital role in our lives, it’s literally a matter of life or death and the changes that are coming could completely transform your life for the best or for the worst.
For the first time in history, people have the option of avoiding Fiat currencies and use decentralized cryptocurrencies instead.
Why would anyone do that?
Several reasons.
For anyone living in the developing world having access to a currency that can be devalued into nothing is a lifesaver. Trying to escape poverty while holding a hyperinflating asset is like running in a hamster wheel — the faster you go, the less you advance.
But inflation is not just a domain of the third world. Industrialized nations suffer from it as well.
This usually happens when central banks decide to print money by the trillions, making the currency worth less and less.
There has never been a time when printing was so abundant. The obvious consequence will be high inflation (15–20%), in fact, it’s already happening.
If you don’t want to lose your hard-earned cash, you better start looking for places to invest your money before it melts away in your hands.
Gold, stocks, and real estate are probably good bets. These assets will hopefully keep up with inflation — a rising tide lifts all boats — but in real terms, it’s unlikely that traditional assets will produce a profit.
Luckily there is a new asset class: cryptocurrencies. If the forecasts are right the potential for Bitcoin to suck all the value out of traditional markets is very high.
Nothing in life comes without risk but by taking into account the risk/reward ratio, there’s nothing like it out there.
Cash, stocks, property, have very little upside but a big downside, especially during a down economy. Bitcoin is also risky but the upside is unlimited. Just for this reason, it is worth owning at least a small stake in it.
When you analyze the situation there is nowhere safer to put your money than crypto, that’s why hedge funds, insurance companies, wealthy investors, financial organizations, and even sovereign estates are already investing in it.
There will be a time in which not investing in bitcoin will be too risky and I believe weŕe getting closer to it by the day. At this tipping point, there will be an avalanche, all the money in the world will rush to get into the most pristine asset abandoning everything else on the way.
It ain’t going to be pretty.
As game theory states, when a player makes a move, everybody else has to follow suit or else they risk losing everything.
The tipping point is getting closer and closer. El Salvador’s president, Nayib Bukele, has just declared Bitcoin as legal tender. Argentina, Paraguay, Brazil, Panama, and others are following suit. Companies like Paypal, Square, Grayscale, Microstrategy and even Elon Musk (Yes, him) have already made a move. The clock is ticking.
The dollar has been the reserve currency for decades. It has been imposed by force by the US army but now the status of the mighty greenback is being questioned by many.
Not only are US bonds producing negative yields but many countries including China and Russia are no longer buying US debt and refusing to trade energy and other commodities in US dollars. This is the beginning of the end. The writing’s on the wall.
And what will be the next reserve currency?
Yes, you guessed it. That was an easy question, right?
Not the euro, not the yen, certainly not the Yuan, and not even the Venezuelan Bolivar. All of them will follow the path of the dollar: the cemetery of Fiat currencies.
Bitcoin is the only asset that can compete with centralized currencies and beat them at their own game. It’s decentralized, censorship-resistant, deflationary, with a limited supply, and immutable.
It’s the apex property of the human race, it’s the hardest form of currency and it’s going to take over the world, leaving a trail of broken currencies and obsolete financial institutions.
So, is this the end?
Yes, it is the end.
The end of crony capitalism run by lobbies and corrupt politicians.
The end of devaluing currencies and printing money out of thin air.
The end of hyperinflation and the value of assets going to zero.
The end of manipulation, fake money, artificial valuations, and petrodollars backed by violence.
The end of banks, 401ks, Wall street, and the FED.
It’s the end for some legacy systems but the beginning for a myriad of possibilities.
The beginning of decentralized finance that can’t be manipulated.
The beginning of transparency, fast transactions, and immutable records.
The beginning of individual sovereignty, the human right to own property, and the ability to store value in a secure way.
President Bukele has shown us the way, many others will follow. This is the beginning of something new, exciting, and promising.
This is the beginning of real freedom for the layperson, the promise of a better future for millions of families, and the end of crony capitalism that benefits just a few.
Bitcoin is here to stay. Not only as a speculative investment, but also as a reliable store of value, as a hard currency that will fend off any attack, and as a unit of account that will stand the test of time.
Fiat money, the banking industry, and most legacy institutions are on their way out and a breath of fresh air is coming in. Make sure you are ready for this new world order or you’ll struggle through this transition.
Learning about Bitcoin is not that hard. Bitcoin beach, a coastal resort in El Salvador has been accepting payments in crypto for years. If people with no resources, no education, and no bank account can handle this technology, so could you. There are no excuses.
Make sure you get a piece of the cake before it is taken by everybody else. Have the first-mover advantage and you’ll be fine. We are still very early.
Not being able to read the future can be very costly. Many companies, empires, and technologies have fallen apart for not understanding what was really going on. Don’t be the next blockbuster. Be the next Bitcoiner.
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