We have all heard this before. It seems to be common sense but if we break it down a little further it starts to take on a new perspective. Time in finite, meaning we cannot create more of it. We all exchange our finite time for an infinite money. If time on this planet, with our friends and family, is important to us it would make sense that we store our time in a money that respects that.
We work our entire lives so we can hopefully save enough money to retire. The government then prints another “stimulus package” and directly devalues all our savings. Every dollar we saved for retirement is now worth less. We are literally saving for our future in a depreciating asset. This is madness and I personally won’t do it. I no longer contribute to a 401k or IRA. Bitcoin is my retirement because Bitcoin respects my time.
It doesn’t matter who the President is, the printing will not stop and it impacts all of us. It absolutely does not boost the economy, it just gives the illusion of growth and kicks the can down the road a little further. Check out the US debt clock.
Our money should respect our time. If time is absolutely scarce and we are willing to exchange it for money, that money should also be absolutely scarce. Bitcoin is the ONLY money to ever fix this problem. So what does this look like?
For now we can start by saving in Bitcoin or even getting paid in Bitcoin1. As the world figures out exactly what this is we can enjoy massive price increases until it becomes the standard unit of account and the reserve currency of the world. Prices will fall as everything in the world needs to be valued within 21,000,000 Bitcoin. We are able to work and simply save. There is no need to be searching for some great investment because our money holds it’s value. Interest rates are double digits. Prices are stable or decreasing. The federal government is reduced in size immensely and unable to devalue our time because they no longer control our money. With a money that respects our time we are then able to spend more time with the people we love and doing things we truly enjoy. Bitcoin makes world peace possible - I’ll write the next newsletter on this topic.
Bitcoin is the only money that respects our time.
It is no surprise that people are wanting to get paid and are starting to get paid in Bitcoin. It is the money that best respects our time. I personally get paid in Bitcoin via Strike, it is a mobile app on your phone. On there you can setup direct deposit and chose a percentage with which you’d like to receive in Bitcoin.