The $50k you spent on your f* new car in 2020 is now worth $15k. If you had bought #Bitcoin instead, it would now be worth $500k and rising.
Don't buy stupid shit you don't need. Stack and HODL #Bitcoin for financial freedom.
“Tanya Jackson, a 37-year-old married mother of two in Sydney, put $500 into #Bitcoin a year ago after listening to audiobooks. She has since put all of her savings into #Bitcoin and signed up for a master’s program in financial technology.”
ONE OF US. ONE OF US. ONE OF US.
https://www.washingtonpost.com/technology/2024/11/16/bitcoin-price-trump-doge-investors/
#Bitcoin is a system where maths doesn't lie, politicians don't interfere and your savings don't disappear in "stimulus packages" to bail out companies close to and in favour of the ruling class
Fix the money, fix the world!
Central banks print money like it’s Monopoly, devaluing everything you’ve worked for. Inflation isn’t a bug—it’s a feature of their system. Embrace #Bitcoin: A fixed supply, decentralized, and immune to the whims of politicians. Hard money you can’t fuck with.
It’s okay to crumble, it’s okay to cry,
To ask the aching question, “Why?”
But through the shadows, one truth will remain: You are not alone.
Look, I can’t imagine the depth of your pain right now, and I won’t pretend to have the right words to ease it. But please know that you’re not alone. It’s okay to feel lost, angry, or broken, grief is messy, and there’s no right way to go through it. We are here for you, whether you need someone to talk to, sit in silence with, or simply lean on.
You are stronger than you feel in this moment, and though it may not seem like it, the days ahead will hold space for healing and love. Please don’t hesitate to reach out.
Thank you for your kind and open words, Peter. #Nostr and #Bitcoin in general is a place of like-minded, honest people travelling together with the same goal of making the world a better place. And that journey has only just begun. Thank you for being part of it.
I have yet to share my personal #Bitcoin journey, but I believe now is the right time to do so. It marks the beginning of my descent into the Bitcoin rabbit hole and, much like the Bitcoin White Paper itself, my story is closely tied to the financial crisis of 2008.
This account is deeply personal, laced with self-pity and a sense of stupidity. That's why I've kept it private and not even shared it with my closest friends, but I think it's important to share it now with you. Giving back to a community I received so much in the previous years. All too often, those who fall victim to the shortcomings of the fiat system internalize the guilt, unaware that they are being taken advantage of by a corrupt fiat system.
My parents, hardworking individuals who dedicated their lives to building their own business from scratch, had little time to acquire financial education. In the early 2000s, they were advised — like many companies and individuals in Austria — to finance their company/house with a Swiss franc loan. The arrangement was complex and opaque, involving multiple loan accounts and significant commissions for both the bank and our financial advisor. My parents, trusting the system, unknowingly became entangled in a speculative gamble, exacerbated by the euro's introduction and the franc's relative strength over time. It turns out that debt in a strong currency and income in a rapidly depreciating currency have only one outcome: Default over time.
As a result of the financial crisis of 2008, the Swiss National Bank could no longer suppress the upward pressure on the franc in 2014 and the fallout was inevitable. Overnight, my family faced a substantially larger loan burden than initially anticipated, to threaten us to file bankruptcy and lose everything we worked for in the previous decade. This devastating turn of events — driven by corrupt banking practices and greedy financial advisors — left an indelible mark on me. As a young man, witnessing my parents' hard-earned savings and efforts eroded by a system they trusted was enough to cement my distrust of financial institutions forever. At this point in time I made a promise to myself: Trust no one, educate yourself and verify.
A few years later, I discovered Bitcoin. It clicked immediately. Here was a decentralized, incorruptible solution to the very problem that had caused so much pain for my family. Bitcoin represented a chance to opt out of a fiat system riddled with perverse incentives and predatory practices. My family's experience — our suffering under the weight of a corrupt financial system — motivates me to advocate for Bitcoin adoption. For this reason, I will never trade my Bitcoin for fiat currency ever, no matter the fiat price. It represents more than wealth to me; it’s a symbol of resilience and justice, a way to honor the sacrifices my parents made.
Looking back, I am almost grateful for this painful chapter of my life. It woke me up and set me on a path I might not have found otherwise. Many people experience similar losses at the hands of the fiat system without even realizing it because the theft happens incrementally, through inflation and hidden costs. Fact is, that honest, hardworking individuals are being robbed every day — second by second — by a system designed to erode their purchasing power over time. Like my parents, but more gradually.
While it’s exciting to see Bitcoin’s fiat price increase, that is not its ultimate value. Bitcoin represents so much more. And I know, many others who HODL Bitcoin not for fiat wealth but for deeply personal reasons — reasons rooted in justice, independence, and freedom. For those of us who have been wronged by the current system, Bitcoin is not just an asset, it’s a revolution for a better future.
Yours forever thankful, Carl. 🧡
Thanks for the feedback Filou, truly appreciate it. Yea, with all the hype people forget that a lot of us are true HODLers, embracing Bitcoin for more than just fiat value.
Objectively, the world is improving. To the fiat cantillionaires, it’s falling apart as their long-lived institutions to control the public opinion are flattened by the internet and their money monopoly to enforce this control are destroyed by #Bitcoin.
You see the Lambo but not the $400k car loan. You see the designer cloths but not the wallet containing zero #Bitcoin.
The fiat world is an illusion. Don’t be fooled by what you see.
Buy $200 worth of #Bitcoin each week and everyone tells you how risky it is.
Spend $200 each week for a bottle of alcohol in a club and people will give you fist bumps and tell you how good of a friend you are.
Society programs you to be poor. You gotta find your own way.
The surge of #Gold, #Bitcoin and Trump's victory are clear signs that trust in our fiat institutions is eroding. This is the result of centuries of misinformation and theft through money printing. I am glad that people have finally woken up.
Fix the money, fix the world.
The middle class debt trap:
- Car loan: $60k
- Wedding: $65k
- Student Loan: $150k
- Mortgage: $600k
$875k in debt + interest payments at age 30. Society programs you to be poor. You gotta find your own way.
Break Free: Study #Bitcoin
No one needs a financial advisor if you just can buy and HODL #Bitcoin and outperform everything on planet earth. Diversification up your ass. Just study #Bitcoin. So many free education online. All you need is time.
It's sad that so many people are once again watching this #Bitcoin bull run on the sidelines because they are deceived every day by false reports from the mainstream media.
Turn off your fucking TV, throw away the newspaper and study #Bitcoin. It’s still early!
Everything is down, #Bitcoin and $MSTR. We were waiting years for people to wake up to 21M forever. Finally they did. Going to be epic. Fasten your seatbelt.
Oddbean new post about login | logout
Notes by CarlBMenger | export