Bitcoin is a non-sovereign, hard-capped supply, global, immutable, decentralized, digital store of value. It is an insurance policy against monetary and fiscal policy irresponsibility from central banks, corporations, and governments.
Bitcoin is immutable (digital version of something that moves forward and cannot go back), and applies time in a digital sense and anchors it to energy (proof of work) which is the only thing in life we cannot forge, duplicate, or replicate.
Nobody can manipulate the supply of the 21 million bitcoin or increase the supply, thus you can be certain your shares are not diluted.
There are 8 billion people on earth who may want a % of this scarce resource which cannot be inflated.
Bitcoin is both a monetary policy as well as a social network based upon peers who value savings and not debt. Its value proposition is based upon its scarcity.
It’s a savings system of first resort and a payment system of last resort.
Bitcoin is the first pristine collateral asset without counter-party risk.
It is an impenetrable moat of encrypted energy to defensively protect your hard-earned buying power from thieves. It does not attack - it defends what you have already given: your energy and time.
Bitcoin is the only "crypto asset". There is no second best. All others are centralized affinity scams designed to steal your Bitcoin. It is unique as compared to all others since Satoshi Nakamoto has disappeared and has never been identified. This fact alone in the 21st century is astounding.
Bitcoin is deflationary money. You get more with your purchasing power over time. Fiat currencies are all inflationary and thus you get less with this money over time.
Bitcoin is so scarce that not even every millionaire can own their own Bitcoin: (47 millionaires in the world but only 21 million Bitcoin). In addition, many millionaires have already purchased more than an entire Bitcoin and have no intention to sell at any time.
Bitcoin is not volatile! 1 Bitcoin is divisible into 100,000,000 satoshis, and thus 1 bitcoin will always equal 1 bitcoin.
When you buy fractions of Bitcoin everyday, week, or month, (dollar cost averaging) you channel Bitcoins fiat price volatility to your advantage. In the long run this strategy has outperformed every other strategy (except luck)to obtain the maximum number of Bitcoin.
In the early days of Bitcoin, this would have been very difficult if not impossible, but fortunately this strategy is easy thanks to the following Bitcoin only exchanges on the next page.
Buying Bitcoin on the exchanges above is the first step, however you don't control those coins until you take custody with a hardware wallet via cold storage.
Bitcoin is the first truly private property one can own, however you must secure it properly.
Take control of your property with
Why Buy Bitcoin
The Price of Tomorrow
The Book of Satoshi
The Bitcoin Standard
The Sovereign Individual
-Davidson and William Rees-mogg
The Blocksize war
No contents of this website may be relied upon as tax, legal, or financial advice, as they are solely educational and entertainment in nature and have not been tailored to you or been reviewed by an attorney, financial advisor, or tax professional. For any questions related to your own specific situation, please consult with your own attorney, tax professional, and/or licensed financial advisor.
I am not sponsored or paid by any of the companies and products featured on this website.
This is only a distillation of my understanding of Bitcoin and not a definitive or complete guide
Please also see CFTC guidance on Bitcoin https://www.cftc.gov/digitalassets/index.htm
Bitcoin Dollar Cost Averaging
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