SMART VALOR’s Post

Happy 16th Birthday to Bitcoin. 16 years ago, we were introduced to a new form of money, available to everyone and not controlled by any one person or entity. Don't understand it yet? Study the difference of hard money vs easy money and learn what fiat currency is and it's track record. Learn more about Bitcoin in our free LearnVault Skool community.

This video presents a compelling argument for Bitcoin that is worth your time. Look past the clickbait thumbnail and delve into the substance of Larry's message. It could be the most important hour of your week. Consider this: If you could go back to the late 90s, what would you have invested in? Larry made the right choice then. Personally, I believe Larry might be onto something again. [Link to the video: https://lnkd.in/eGVJ6sva]

Sats-flow or Bitcoin-flow is the new word by the way. I think of this now, not cash flow because you cannot retire off of a currency that is a “moving goal post” and is guaranteed to lose value. I was thinking bitcoin-flow for a couple months in the spring and then I talked to Luke Broyles and Peter Dunworth then watched a video from Jack Mallers and they were all talking Sats-flow. That’s a MUCH better way to think so people can actually grasp the concept. The average person will not know anyone with over 1 bitcoin so most people will be using Sats, or fractions of a bitcoin. (100,000,000 Sats in each bitcoin.)

Here's a brief video of what happens when you do a Bitcoin transaction.💡 🌎 https://lnkd.in/eq6wjEwe

The current block reward is 3.125 Bitcoin ⚡ In 2028 the reward will be 1.5625 Bitcoin ↳This is the halving event -Did you know the block reward gets cut in half every 210,000 blocks?

A very important support level for bitcoin and for those who invest in it, especially for short term period.

Bitcoiners have learned a hard lesson over the years: Not all Bitcoin exchanges are equally safe. But many people trust exchanges over self-custody. Ask the hard questions, even if you withdraw your bitcoin. Why? Because exchanges still briefly hold your funds, and your information. You should have the best partner to buy the best asset. You can find River's answers to these questions here: https://lnkd.in/ghNUDMha

Is Bitcoin "Money"? No question has divided the hard-money advocates as the one above. My analysis on the above is in the table below. Desirability refers to the utility of the "medium of exchange" from a non-monetary perspective. Durability has to be viewed in the context of Desirability... how can we be sure that Bitcoin will be used for its current supposed purpose of transferring money geographically with ease hundreds or even decades down the line (I am ignoring the circular-referencing argument of bitcoin proponents for now).

🔐 𝐍𝐨 𝐂𝐨𝐦𝐩𝐫𝐨𝐦𝐢𝐬𝐞 𝐨𝐧 𝐒𝐞𝐥𝐟 𝐂𝐮𝐬𝐭𝐨𝐝𝐲: Your Bitcoin, your control. Bittr puts self-custody first, no middlemen, no compromises. 🛡️ 𝐓𝐫𝐮𝐞 𝐁𝐢𝐭𝐜𝐨𝐢𝐧𝐞𝐫𝐬: Bittr was founded by a Bitcoiner with the vision to make Bitcoin and Self Custody accessible for everyone 📜 𝐏𝐫𝐨𝐯𝐞𝐧 𝐕𝐚𝐥𝐮𝐞𝐬: Bittr has weathered challenges to stay true to its mission of self-custody and financial independence. 🇨🇭𝐒𝐰𝐢𝐬𝐬 𝐌𝐚𝐝𝐞: A Bitcoin service you can trust.

Want more bitcoin but short on cash? Upgrade your old 401k or IRA into bitcoin you control the keys to. Download the bitcoin IRA handbook: https://lnkd.in/esQivnf9