There used to be peace in the galaxy. The events of Return of the Jedi show you that this isn’t true anymore. There used to be a time when saving your money in a bank benefited your future. Now, with a CPI inflation rate of 9.1% in the United States, the money you keep in a bank loses half its purchasing power in only 6 and a half years (Source: math)! What this means is that the money you save for the future will only be able to buy half as much as what you could buy now. Bitcoin is a way to preserve your wealth over long periods of time since it is deflationary, due to its limited supply. Additionally, the supply issuance is slowing down while demand is going up. There is a supply limit of 21 million coins, no one can print any more. This is a recipe for Bitcoin’s value to keep going up in the long term.
As long as Bitcoin lives, it is mathematically certain that the price will continue to rise. And even if bitcoin’s price remains flat for the duration of your life, at least you can guarantee that no one can devalue your savings by printing more bitcoin. This is impossible and very unlike the fiat world that we all live in. So keep HODLing, and grow your family’s wealth for generations to come.
If you have any questions about Bitcoin, feel free to email me at phil@satoshisjournal.com. We welcome you to join our Discord server to get to know the Satoshi’s Journal team and learn more about the Bitcoin projects we are working on. Thanks for reading!
