Undisciplined on Nostr: Why Millionaires Need Bitcoin ...
Why Millionaires Need Bitcoin
https://odysee.com/@TraderUniversity:a/why-millionaires-need-bitcoin:0?r=8T2xqWjtafHWYGxQBSsrbw1wQPm7sWRq
From Bitcoin University
# Video Description
In this video, I discuss why millionaires need Bitcoin.
As we near the end of the long-term debt cycle, there are numerous signs of government finances in trouble and property rights being eroded. If you own only paper assets (stocks, bonds, funds, etc) and real estate (immobile and subject to jurisdiction risk), you may not be able to protect your wealth from a ravenous state and its irate citizens.
Bitcoin is the best way to protect your wealth from monetary debasement, censorship, and confiscation. BTC gives you optionality, since it can easily be taken anywhere (even in a brain wallet, by memorizing just 12 words).
If you are trying to solve for the problems that we have discussed in this video, don't buy a Bitcoin ETF. It will just sit there in your brokerage account along with your other stocks and ETFs, vulnerable to attack or freezing, while the real BTC is sitting over at Coinbase Custody, subject to a 6102-type attack.
https://odysee.com/@TraderUniversity:a/why-millionaires-need-bitcoin:0?r=8T2xqWjtafHWYGxQBSsrbw1wQPm7sWRq
From Bitcoin University
# Video Description
In this video, I discuss why millionaires need Bitcoin.
As we near the end of the long-term debt cycle, there are numerous signs of government finances in trouble and property rights being eroded. If you own only paper assets (stocks, bonds, funds, etc) and real estate (immobile and subject to jurisdiction risk), you may not be able to protect your wealth from a ravenous state and its irate citizens.
Bitcoin is the best way to protect your wealth from monetary debasement, censorship, and confiscation. BTC gives you optionality, since it can easily be taken anywhere (even in a brain wallet, by memorizing just 12 words).
If you are trying to solve for the problems that we have discussed in this video, don't buy a Bitcoin ETF. It will just sit there in your brokerage account along with your other stocks and ETFs, vulnerable to attack or freezing, while the real BTC is sitting over at Coinbase Custody, subject to a 6102-type attack.