How the average person lives their life: 1) Go to school for 20+ years 2) Go to work for 40+ years 3) Be free for 5-15 years 4) Die This is like the phrase "pay yourself first": The majority of people save what's left over after expenses Similarly, they live life in the time that's left over after working for someone else most of their life Change the narrative Build businesses in your free time instead of watching TV Buy assets with your income instead of spending it on useless plastic goods from Amazon Take the time to learn about personal finance instead of focusing on celebrity gossip You'll retire way earlier than the average, and you can spend ALL your time however you want
Bitcoin is misunderstood by most people because almost nobody has thousands of hours to learn the following topics in depth: - Why gold was money for thousands of years - Central banking - Fractional reserve banking - Executive Order 6102 - The Nixon Shock - What is fiat currency - Money creation in the legacy financial system - Bitcoin supply and demand - Decentralization After you put in the time, it becomes obvious that decentralized uncorruptible money is where the world is going. Before you put in the time, it seems like buying Bitcoin is like buying air.
There are former professional athletes who are broke and miserable, after a career that earned $100m. If you don't get serious about cutting back on your expenses, you can never truly be free from financial obligations. This applies whether you earn $500 or 8 figures a year!
"Trying to sell the rest of my #Bitcoinβ€―β€―β€― in Japan. I'm tired of crypto and want to get out (and get my JPY back)."
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Financial institutions rely on you NOT understanding how money works. When you become financially literate, you realize that: 1) Earning 1% from your savings is very low 2) The 20% interest rate on your credit card is too high 3) Not saving means you will likely work forever
Don't be scared of #Bitcoin's volatility
The Federal Reserve issues the money that we use as a world reserve currency (the US Dollar). The Federal Reserve is not a government institution. It just uses the US government to force everybody to use US Dollars. Who earns the profits from the Federal Reserve?
"MR. 100" JUST KEEPS BUYING 4,300 #Bitcoin in the last 24 hours 🀯image
The early 2,000s will be considered a very weird part of history where you can buy the best money in the world using the WORST money in the world. How long do you think this will last? #Bitcoin
Delaying gratification is painful. You're sacrificing a bit of today for a future that may never even exist. You know what would be even more painful? Being in your 60s, waiting for your next social security check, knowing you could have prevented this from happening.