A world of Bitcoin

in bitcoin •  7 years ago  (edited)

If you're anything like me, you are terrible with fiat cash but there's something about Bitcoin which makes me save money. Is it because it's deflationary? We all know there's no shortage of cash because the government can print more of it at any time. All they have to do is put numbers into their special checking account and out it comes. Because of this people cease to care where that money goes.

Bitcoin is different though. The scarcity of Bitcoin will make you want to accumulate more and more of it. You will no longer wish to buy useless toys that bore you after a few weeks. You'll find yourself reading about it and learning about the blockchain technology, a healthy exercise for the mind. Next thing you know you're researching alt-coins and looking for investment opportunities. Not to mention refreshing the price of Bitcoin every few minutes - but that is fun and it's free.

In a world of debt money and slavery I think Bitcoin is a breathe of fresh air. In the Bitcoin world you will see less rubbish being produced. People will be more frugal and in my experience frugality inspires creativity. You will see people love their old car, instead of buying a new one with finance. There will be less cheap plastic rubbish being sold in massive quantity on eBay and at Walmart etc as people look for quality over quantity. Our governments will have to think about where they spend their money, as they can't just print more Bitcoin. Less wars will be fought, as fractional reserve banking won't be there to pay for the wars. People will look to the future rather than dwell in the present.

Overall I think Bitcoin has the possibility to really change the world, for the better. If you have an opinion I'd love to hear it so please share it below :)

Oh and in the meantime, here is a picture of my dog at the beach:
IMG_20171120_195705.jpg

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Same opinion here, since I started investing in crypto I haven’t wasted money on useless stuff. I rather put my paycheck in the ecosystem than leave it to the banks.

Nice view of a better world i would like to live in. Lets do it!

sounds almost like a prophecy. are you sure you think people will fix their old cars, sound a little bit to romantic

If it's a choice between debt money, or driving an older model of car, I think people will choose the older car because they are aware that holding onto their money could buy a better car later, without debt.

yeah I like your thought but it sounds like a mere guessing, even if people come to understand debt more for what it is does not mereley indicate a leap into a less wasteful lifestyle

interesting thoughts on bitcoin / blockchain and how its going to impact the economy as a whole.

Lovely photo - the lens flare is super cool !

very nice post

thanks for your wors. Bitcoin is a great project and help people around the world. people like me that dont trust in banks and goverments.

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I think it makes you take a more active look in your finances for sure, i mean heck your responsible for being your own bank.

sounds almost like a prophecy.

Nice post
upvote and comment back

You've put it so well! I recently bought a tacoma with 213k miles instead of financing a new one and i see it as a project. I sold my motorcycle to downsize and put some more money into bitcoin. You see so much potential and possibilities that you sit back and think about whether or not some small enjoyment now is better than a much bigger return in the future. I am new to this platform but it seems like its a group of individuals who seem to "get it" can't wait to get acquainted with you all!