Having a lot of U.S. dollars in your bank account will give you the illusion that you are rich. This is the same problem with any fiat currency.
However, with your U.S. dollars, you will not have access in abundance to the real wealth of life. You will not be able to live your life on your own terms. Because of the endless inflation of the U.S. dollar, you will have no choice but to spend more and more money.
If you want to keep your fiat money, its value will melt over time due to the inflation engineered by governments for their own benefit.
The economist and philosopher Friedrich Hayek had already identified the problem in the mid-1970s when he said:
>βI do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.β
We have had the demonstration of this phenomenon in an amplified way since Mars 2020. It has a name: the Cantillon effect. In the current system, you are forced to act according to the wishes of the Fed. It is the Fed that gives you the strategy to follow. If you choose to fight the Fed in the current system, you will keep losing purchasing power.
The U.S. dollar you own does not really belong to you since you cannot use it as you wish.
You are forced to spend it, and even worse, within the framework set by governments and banks. The latter may prohibit you from making certain transactions for totally arbitrary reasons. They may also confiscate what you own for equally obscure reasons.
There are far too many opportunities for censorship in the current monetary and financial system.
Much more than just fiat money in abundance in your bank account, you must seek to obtain in abundance the two following riches: time and freedom.
Time is the scarcest and most precious thing in the world. Having time is the most important thing in life. If you couple that time with the freedom to spend it as you wish, you will have immediate access to what matters in life. Having all the time you want to live your life on your own terms is priceless.
Bitcoin's unique monetary system allows you to save the fruits of your labor while being guaranteed that no one can censor you. So you'll solve two fundamental problems with Bitcoin. You have complete freedom to live your life on your own terms thanks to Bitcoin and its unique properties.
Bitcoin is a true revolution that is accessible to everyone on Earth. This is even more revolutionary because all you ne
... keep reading on reddit β‘
That is, until the humans decided to clean the house we were in.
Has anyone been able to get into that abundant life building downtown recently? I couldnβt find a way to get in
I am living live full of abundant... I am in a relationship with my SP and we cuddle at night before we fall to sleep and I wake up next to my SP. We are having the most incredibly loving and committed steady relationship. Everytime we have conversation I can see the love in her eyes. I am having the job I like and I am eager to work everyday. Monday is not a bad day anymore since I am looking forward to go to work. I am a successful youtuber with hundred of thousands of subscribers and decent income.
Since the atmosphere is dominated by nitrogen, what would be the implications if we replaced about half of it with Argon or some other inert gas? How would it change life as we know it?
The thiefβs purpose is to steal and kill and destroy. My purpose is to give them a rich and satisfying life.
I often wonder why thereβs any question about it considering how vast this universe is.
My wife's latest astrology blog post addressing the hoax for those interested.
