If you have been following us here at www.explorefinancialfreedom.com for any amount of time you know that we are big into Bitcoin. There’s a lot of other assets that we believe in and educate people on, but we realize that we are entering a digital revolution that will bring about an even greater digital economy. We understand that with a new digital age coming upon us that Bitcoin could revolutionize money.
We actually believe that money and finance is also being revolutionized before our very own eyes. We are not only seeing a digital revolution. We are seeing a monetary revolution transpire at the same time. Both of these are all happening right now.
Bitcoin saves lives because it offers you monetary freedom outside of a central finance and a central planned system. Central planning is detrimental because it manipulates the economy. The Federal Reserve has a good case study of how economies can be manipulated through central planning. The Fed has been manipulating the economy for decades and we are seen dangerous inflation as a result of their massive money printing. They have no choice, but to raise interest rates, but they can’t raise them high enough or they will crash the market. This is a clear example of the manipulation that occurs.
Bitcoin is in for the save. What makes Bitcoin so different? It is digital and with a digital revolution occurring it is spotlighted as a premiere way to also revolutionized the monetary system in the digital age. This is huge.
There’s also a scarcity to Bitcoin. There will only ever be 21 million Bitcoin. If you want to give humanity monetary freedom you must give them in incorruptible money. This is Bitcoin.
Bitcoin is also decentralized. It is decentralized because there is no central authority over the system. The fact that you can have decentralized money in a digital form both revolutionary in both a monetary and digital sense. This fits in both revolutions.
The definition of money is either an exchange value or a store value. Bitcoin is the best store value that I have come across in the digital age. It beats out all altcoins because they do not have a scarcity to them as they can be inflated just like the dollar. It’s also truly decentralized unlike other coins.
I still love gold and I still love silver. I just see a need for a digital asset in a digital economy. Gold and Silver will have less useful in that digital economy. Does that mean that I will not acquire Gold or Silver? Absolutely not!
They are definitely still part of my personal portfolio. I think will see a war for monetary supremacy over the coming decades between Bitcoin and Gold. I can’t see a world without gold, but I do see a world ever increasing with the power of Bitcoin. I will no matter the outcome be acquiring both.
There are a lot of advantages and disadvantages to a digital economy. The question that needs to be asked is whether or not that digital economy will be centralized or decentralized. I see the advantages of a digital economy with having a digital monetary system outside of the control of central planners. Decentralize money create a more compelling digital economy. The idea is life-giving.
I believe that Bitcoin saves lives. I’m acquiring more Bitcoin. I am keeping my Bitcoin off of exchanges. What are you doing? Are you acquiring Bitcoin?
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