Almost anyone can be a Bitcoin millionaire for $350. Here's how: A Satoshi is 1/100,000,000 of a BTC. 1 million Satoshis cost $350 USD. Within 3 Bitcoin cycles, I think 1 Satoshi will be worth $0.01+, meaning your 350 USD investment is worth $10,000+. 1 Satoshi is currently worth a fraction of a penny. You can buy 2,000 Satoshis for 1 Canadian Dollar, 3,000 for 1 USD, etc.; you don't need to buy them all at once. Satoshis can be thought of as a digital token. Satoshis provide utility in multiple ways. 1) Store of value The best-known way that Satoshis provide utility is by being a store of value. You can hold Satoshis for as long as you'd like. The network will never issue more than 2.1 quadrillion Satoshis. The buying power of Satoshis will increase over time because 1 Satoshi will always be 1 Satoshi. The supply of Satoshis can never increase. If you store your wealth in Satoshis, you know your wealth won't be lost to inflation, and you'll likely be able to buy more goods with the same amount of Satoshis in a few years. 2) A fee to use the Bitcoin network The second way that Satoshis can be used is by being paid as a fee to move Satoshis from one address to another on the Bitcoin blockchain. This can be tied in with... 3) Medium of Exchange The third way that Satoshis can be used is as a medium of exchange. Today, we use US dollars around the world as a medium of exchange because most of the world trusts that they will be valuable tomorrow. As more individuals understand and use Satoshis as a store of value and see an increase in their buying power, they will spend their Satoshis on the goods and services they want or need. 4) Unit of Account As more of the world's liquid wealth moves from US dollar financial markets into Bitcoin, we will see more merchants and raw material providers using Bitcoin as their unit of account because, in Satoshis, prices decrease over time. This means happier customers (how happy would you be if the cost of your groceries decreased over time?) and more business. 5) Transfer and receive information Bitcoin can be used to transfer and receive information like comments, files and documents. The Bitcoin software is a recording of every transaction that ever happened. You can inscribe a Satoshi with information and send it to anyone who has access to the internet. Nobody can change the information recorded on the software; the records are immutable. In the future, inscribed Satoshis can be used to transfer deeds, identification, etc. 6) Insurance Satoshis can almost be seen as insurance against the collapse of the legacy system. If financial institutions go bankrupt, we have a way to transact without them. If governments can't be trusted to protect our property rights due to negative intent, the Bitcoin network can be relied on to store the most accurate information. Over time, as the network becomes more decentralized, we see wider adoption, and if we find more use cases, we will see the value of Satoshis increase!

Fiat currencies promote the wrong mindset. On a fiat currency standard, most people know and understand that the currency will decrease in value over time... So they choose to spend as quickly as possible because otherwise, they will be able to consume less of whatever they want as the value of their money slowly fades away. On a fiat currency standard, merchants are incentivized to cut corners and create products that are of lower quality than they would otherwise be able to create. Higher quality products take more time to create, but time and labor are not valued. In a fiat world, we're focused on quantity over quality - we need to constantly be producing more to make higher profits, even if quality suffers. On a Bitcoin standard, quality will be of utmost importance. Merchants will want to provide higher quality goods because they want you to spend your money with them in the future. When you spend Bitcoin, you are spending real money on the goods you buy, and the value of the money that merchants receive will increase over time. If merchants produce an inferior product, it's very likely that they won't survive, because they won't have repeat customers. On a fiat currency standard, businesses are more focused on producing the cheapest product, even if it means everyone involved suffers. Think about McDonald's for example. McDonald's food has the lowest quality ingredients and the worst preservatives, and yet it's one of the most successful companies in the world because its shareholders are satisfied. McDonald's customers are slowly dying due to health issues and its employees are in poverty and rely on government benefits to survive. Companies like McDonald's create a product that gets worse with time because they are designed to survive on a fiat standard. Mcdonald's, a company that produces fast food, doesn't even focus on its food... It focuses on owning as much real estate as possible. This is all because fiat currencies are broken. The money you get is designed to slowly lose value, and you are forced to invest and continue to be productive forever, no matter how hard you work for your money in the first place. Instead of using higher-quality materials and ensuring customers are satisfied, producers must use lower-quality materials to maximize profits, because they want to satisfy shareholders by giving them more fiat currency profits.

The legacy financial system is breaking because more average people figured out how the game works. As we see more people working less because they earn passive income, the system is dying. Inflation has skyrocketed. Fewer people are willing to do essential jobs because the pay is so low. Costs for retail stores are rising and those costs are being transferred to consumers. The legacy financial system is built to keep a small group of people rich while everybody else stays poor. Now, the poor people don't want to be poor anymore. They don't want to work until 65, when they have no energy left. Over the last few years, more average people realized how the system works, and now the system is breaking because those average people have joined the elite. Basically... average people hacked the system and the system is being crushed.

I choose to retire early and be bored for 30 years, over working for 50.

Here's a summary of most people's financial journey: - In their 20s they think they'll be dead by 50 - In their 30s they start hating their job and want to retire ASAP but expenses start piling up - In their 40s they wish they had started investing earlier

When you invest, you're transferring wealth to your future self. When you consume, you use up your wealth immediately. Finding a balance between consumption and investing is the key to happiness.

There should be a course in high school that teaches students about debt, investing, banking, leases, etc. When these topics aren't taught in school, people make big mistakes when it comes to their personal finances.

On January 1, 1791, the US national debt was ~$75 million In 1971, the US national debt reached ~$23 billion From 1791 to 1971, the growth rate was 3.24% Today, the US national debt is $33 trillion From 1971 to 2023, the growth rate has been 15% What happened in 1971? The US Dollar became a fiat currency, and backed by nothing but trust Before 1971, the US Dollar was backed by gold This means every US Dollar in circulation could be exchanged for a specific amount of gold In 1971, Richard Nixon "temporarily" paused the exchange of US Dollars to gold This gave the US government the ability to print as much USD as it wanted because it didn't need to worry about the USD/GOLD exchange rate!

If you want exponential growth, you can't sell your time for money. Selling your time for money will always lead to linear results. Exponential growth requires that you work for a result or invest instead.

"Nine-to-five is how you survive, I ain't tryna survive I'm tryna live it to the limit and love it a lot" - Jay-Z