Seeing a lot of posts on my X feed these days hyping up Bitcoin. Saw one joking about that he shorted Bitcoin because he instead of investing it in Bitcoin, he decided to buy food. I guess everyone is feeling the inflation hitting the food prices hard.
So why am I rambling about this? Well I am just sitting here by my computer, trying to find a way to make my familys future as good as possible and its really hard to not get dishearted when you realize that every dollar (actually earn in SEK) I earn is losing value fast. So if I dont invest it into something, my purchasing power is dropping. And the speed it drops increases every year.
What can a individual do?
Well if you ask a Bitcoiner they will tell you to move all your cash into Bitcoin and start pricing stuff in Bitcoin. And so far their approach has shown to be bery succesful. But is it to late to jump on Bitcoin now when we hit new ath?
If the game theory plays out, the Bitcoin prices will never drop against the dollar in a long time period. But, at the same time its very scary to make the shift from this fiat system we have and we think we understand, to a completly new system.
I have not decided yet how I will approach this entirely. $LEO will be one part of it, think HBD savings will be one and I think it will be heading hard into Bitcoin.
What is your plan? How do we future proof ourself to not be dishearted?