Invest in Bitcoin because it is the Best Store of Value. If you use "anything else" you will loose value compared to Bitcoin measured over a 4 year period. Detailed explanation - Think of "Money" as a "Technology" and one way humans use "Money - Technology" is to store value over time. There are other uses of "Money-Technology" like a "medium of exchange" but for this discussion lets focus on the "store of value" use case. Over centuries humans have used many "types of money" to "store value" e.g. "Beads", "Salt" "Gold" and "USD". It is evolving to "Bitcoin". As awareness of "Bitcoin" increases, more people use "Bitcoin-Money-Technology" instead of "Gold-Money- Technology" or "USD-Money-Technology" to "store value" because it is better. Bitcoin is better than Gold/USD because it is Digital, Decentralized & Scarce (fixed supply of 21 Million). Bitcoin being "better" drives adoption and price. Moreover in "store of value" there is an apex predator which holds lion's share of value and the "second best" is a very distant second. In global context it is "USD" and the distant second is "Gold". Look at RBI holding of "USD" Vs "Gold" and you will see RBI share of "Gold" in reserves is ~ 7%- 8%, and rest is "USD" is some form - m.rbi.org.in/Scripts/PublicationsView.aspx?id=22061. Disclaimer - Do your own research, this is for information purpose only and not a financial advise.
So confused, kehna kya chahte ho bhai, Michael Saylor banna hai 😂 Guy started a education group with no education and more like buy from my startup group. Scammer guys, BEWARE.
I lost Abhay on his rationale why one should invest in Bitcoins
Invest in Bitcoin because it is the Best Store of Value. If you use "anything else" you will loose value compared to Bitcoin measured over a 4 year period.
Detailed explanation - Think of "Money" as a "Technology" and one way humans use "Money - Technology" is to store value over time. There are other uses of "Money-Technology" like a "medium of exchange" but for this discussion lets focus on the "store of value" use case. Over centuries humans have used many "types of money" to "store value" e.g. "Beads", "Salt" "Gold" and "USD". It is evolving to "Bitcoin". As awareness of "Bitcoin" increases, more people use "Bitcoin-Money-Technology" instead of "Gold-Money- Technology" or "USD-Money-Technology" to "store value" because it is better. Bitcoin is better than Gold/USD because it is Digital, Decentralized & Scarce (fixed supply of 21 Million). Bitcoin being "better" drives adoption and price. Moreover in "store of value" there is an apex predator which holds lion's share of value and the "second best" is a very distant second. In global context it is "USD" and the distant second is "Gold". Look at RBI holding of "USD" Vs "Gold" and you will see RBI share of "Gold" in reserves is ~ 7%- 8%, and rest is "USD" is some form - m.rbi.org.in/Scripts/PublicationsView.aspx?id=22061. Disclaimer - Do your own research, this is for information purpose only and not a financial advise.
Kindly do subtitles atleast sir. Not every fan of yours knows Hindi.
So confused, kehna kya chahte ho bhai, Michael Saylor banna hai 😂 Guy started a education group with no education and more like buy from my startup group. Scammer guys, BEWARE.
Spectrum ulta bhi ho sakta hai. Skepticism last me aata hai.
Don't trust these custodial wallets to buy Bitcoin or other crypto.
Invest in crypto vary of these scams
Yes self custody is must