Damus

Recent Notes

RajatSoniFinance profile picture
It's easy to underestimate the value of taking small steps. Most people won't buy Bitcoin because they can't imagine how buying $20 monthly can add up to something big.

These are also the same people who think that going through the gym for 20 minutes doesn't count. They think that if they can't get 100,000 steps a week, there's no point in even trying.

Take small steps. Eventually, you'll see the results of those steps as your effort compounds with time.

Your $20 monthly Bitcoin buy will eventually be worth $100, then $1,000, then $10,000. After a couple of decades, it'll be worth $1M+.

Don't make excuses for not taking action. Take the small steps. Your future self will be thankful.
1♥️1
Monte · 9w
Preach!
RajatSoniFinance profile picture
Before I discovered Bitcoin, I was a completely different person.

I just wanted to accumulate as many things as I could. More expensive car. Bigger home. The newest tech.

After I studied and bought Bitcoin, I started realizing the difference between price and value.

Price is what you pay. Value is what you get.

If something isn't useful to you, any price is too high. If something is useful to you or will make you more money, buy the best version you can find.

Don't focus on spending as little as possible. Focus on creating as much value as you can for as many people as possible and spending the value you receive on improving your life or the life of others.

If you have nothing to buy, buy Bitcoin.
RajatSoniFinance profile picture
Bitcoin is a savings vehicle

Right now most of the world sees it as a risky asset

The truth is, Bitcoin eliminates risks that the legacy financial system has

Bitcoin is the only digital asset that is truly decentralized

The price in terms of US dollars may be volatile for a very long time (or forever)

But 1 BTC will always be equal to 1 BTC

Today, 1% of the world owns Bitcoin

In the coming months and years, Bitcoin will be distributed to more people

The current holders are going to have to be incentivized to sell

Wall Street is well known to use fear to its advantage

Keep in mind most of the people who own Bitcoin today don't actually understand it

They own it to make US dollar profits

People can FOMO in on the downside, OR on the upside

This means that Wall Street firms can increase the price of Bitcoin to get people to sell...

Because Wall Street has unlimited purchasing power

Dollars are WORTHLESS

More can be printed to buy Bitcoin at any time

Banks can print more at any time

Wall Street will pump Bitcoin's price to millions of dollars and get the people who don't understand it to sell their holdings

To me, Bitcoin is worth A LOT more than its US dollar price

Bitcoin is about freedom

Not having to rely on a bank or government to store and protect my wealth

I don't care where the US dollar value of Bitcoin goes

If I need some fiat to pay for my expenses, I'll sell some Bitcoin

If I have extra fiat, I'll buy some more Bitcoin

Unless they're in the early stages of a career or starting a business, productive people are net buyers of Bitcoin

This means the available supply is going to decrease forever because more and more productive people will create value and take any available Bitcoin

So use Bitcoin the way it's intended to be used - as a savings vehicle

If you trade in and out based on the USD price, you will get REKT
❤️3🧡1
RajatSoniFinance profile picture
Salaried workers are easier to control

1) 90%+ of salaried workers don't get a pay increase during the year if their cost of living rises. They're lucky to get a pay increase at the end of the year.

2) Governments can also get them to follow orders so that they have permission to continue to work and earn money. Your employer can fire you if you don't follow the rules.

So what happens if the prices of the things a salaried worker consumes rise during the year?

They can't buy those things anymore... Because their paycheck isn't going up to make up for the increase in price

If the price of steak rises, more people can't afford it, and they have to substitute with chicken

If chicken is too expensive, they have to substitute for something else

Eventually, the only substitute is processed garbage that's made in factories

If more people can't afford steak, the economy focuses more on producing goods and services that people can afford (processed garbage, toxic sludge)

The World Economic Forum wants us to eat bugs, so governments will make it happen by printing more and more money and devaluing our savings

What happens if the government mandates that salaried workers do something?

The workers get fired if they don't, and they can no longer support their family

Getting out of a salaried job is hard, but it's one of the best ways to be free

You might work harder if you don't have a salary, but you'll be free to do things the way that you want to do them

I know running a business isn't for everyone

If you don't want to start a business, you must own assets like Bitcoin, so you're not forced to work for a salary until the day you die
RajatSoniFinance profile picture
Regardless of what happens, everyone will want the money that is being used in society. Bitcoin will be that money.

It doesn't matter if you don't care about bitcoin right now. Eventually, you will.

Everyone will want and need bitcoin. Bitcoin doesn't care about you. It will be adopted by the masses, even if you don't like it.

If you don't adopt Bitcoin, you will be left behind, whether you like it or not.