I feel its important to write this. For the past 12 years that I have spent sharing my thoughts about Bitcoin, giving away Bitcoin to get people to use it, and onboarding friends, family and virtually anyone interested in my madness, it apparently was not enough as people still fear this unknown technology. I still have friends phoning me saying "I should have listened to you years ago" and yet they still don't motion forward with buying just a bit of Bitcoin. "Its too late" even though if they purchased a small amount yesterday they would be better off today. So I'm going to proceed with my blog and share my thoughts from 12 years ago to present. And for my readers, nothing has changed with Bitcoin, its still the protocol it started out as 15 years ago. There will still only ever be 21 million coins maximum and it is still a digital asset everyone can take part in for free. When you own Bitcoin, you are the bank. Enjoy the read!
So, guess what's been making waves lately? Yep, you guessed it – Bitcoin! And when Bitcoin surges, you can bet your bottom dollar that all those altcoins are going to follow suit. It's been quite the ride for Bitcoin over the past decade, consistently outshining traditional markets as the go-to investment asset. And this past year has been no exception. Bitcoin has soared over 130%, leaving the DOW, NASDAQ, and other traditional investment platforms in its dust.
For the skeptics who once dismissed Bitcoin as a scam or some kind of shady pyramid scheme, the fact is that the SEC has given it the green light in the form of an ETF, officially legitimising Bitcoin in the eyes of the public. Despite this newfound recognition, many folks still don't fully grasp what Bitcoin is all about and why it's such a big deal in the world of finance.
Bitcoin puts the power back into the hands of the people – literally. It's not some government-controlled currency tied to a bank or a central authority. It's controlled by you, the wallet holder. And let's face it, not everyone has access to traditional banking services. In fact, there are more unbanked individuals out there than you might think. Scary, huh? Especially when you consider that the money sitting in your bank account isn't really yours – it's the government's, and they can snatch it away whenever they please. Remember what happened during the Trucker Freedom Convoy in Canada – bank accounts frozen left and right, but those who held their cryptocurrency in personal wallets? Well, their assets remained untouchable.
Bitcoin isn't about sticking it to the man – it's about paving the way for a new era of financial freedom. With governments printing money like there's no tomorrow and drowning countries in debt, many savvy investors are turning to Bitcoin to shore up their finances. After all, it's an asset that grows over time and can be easily exchanged for goods, services, or good ol' cash.
Bitcoin isn't just for us humans, it's part of a bigger picture, a technology that powers the future of commerce, including the Internet of Things. There is plenty of information and people willing to help learn the ropes.Start accumulating Bitcoin bit by bit? It's time to break free from the shackles of debt and embrace the brave new world that Bitcoin is ushering in. When you are ready to learn, talk to people that have Bitcoin and understand it, and don't take advice from the people who don't have it and never will. Its the future of finance whether you believe it or not, its money for the Internet, and we all know now the power of the Internet, right?
With government money, you have it or you don't or you are indebted to it...with Bitcoin you either have it, or you don't.
Images by MidJourney, photographs by Wayne Sokal