10 reasons why to get some Bitcoin now
1 - Reckless Government Spending
Have you noticed that government spending as a percentage of GDP has reached historic highs, as if we were in the midst of a world war or a great financial depression? The “money printing machine” isn’t about to stop, and your euro or dollar, like all fiat currencies, will continue to depreciate.
The solution to preserve your purchasing power?
Bitcoin.
2 - Government Deficit
The U.S. government posted a deficit of $348 billion in May 2024. The CBO (Congressional Budget Office) stated that this was $108 billion more than in May of last year.
Where can you find long-term protection against the potential devaluation of fiat currency due to expansive monetary policy?
Bitcoin.
3 - Rising Global Debt
Forget the United States. Have you seen that global debt increased by $3.155 trillion in the first quarter of this year alone, bringing the total global debt-to-GDP ratio to 333%? The vicious cycle of debt cannot be resolved and will continue to impoverish your country.
The solution to protect yourself financially?
Bitcoin.
4 - MasterCard's Biometric Data
MasterCard aims to eliminate the manual entry of card data and information for online payments by 2030 for Europeans. Next, you’ll find that they require the use of your biometric data with randomly generated tokens that you don’t control to make transactions and payments. This is a glimpse into the co-opting of stablecoins or the launch of central bank digital currencies in the near future, which present a significant risk of dystopian control and surveillance of the population. By centralizing the power to create and manage currency, governments can monitor every transaction, track individual financial behaviors, and potentially restrict or block transactions. This will lead to pervasive surveillance and intrusion into citizens’ private lives, resulting in a loss of financial freedom and increased coercive power of the state over individuals.
The solution to stay in control of your transactions and your life?
Bitcoin.
5 - Unstable Situation of Commercial Banks in Europe & the USA
The insolvency of most commercial banks, combined with the risks associated with toxic commercial real estate loans, is a warning of what might soon occur. With growing instability in the banking sector, particularly in Europe, it makes sense to seek alternatives to protect against systemic risks from traditional banks.
A secure and decentralized alternative?
Bitcoin.
6- Central Banks and Global Instability
The centralized monetary system around central banks, along with social, political, and geopolitical instability everywhere, makes one fact inevitable: the money printing press will soon start up again, and inflation will worsen.
The solution?
Bitcoin.
7 - The Risk of Altcoins
Unlike Bitcoin, which has a fixed monetary policy and a limited supply of 21 million coins, the monetary policy of Ethereum and thousands of other “altcoins” in the “crapto-sphere” has been modified multiple times, demonstrating a lack of stability and predictability. A sound currency should have a predictable supply, a crucial parameter for long-term investment and economic planning. Ethereum and altcoins are all susceptible to centralized control and manipulation, highlighting that core developers and founders can alter fundamental aspects of these networks. This is why political interest in “stablecoins” and the “tokenization” of commodities, etc., in the physical world is becoming increasingly clear, once again making it possible to transfer monetary power to oligarchs.
Moreover, the high number of altcoins—thousands of them—highlights the speculative and often reckless nature of investing in these assets. This “casino mentality” encourages a short-term, high-risk approach that is not suited to building long-term wealth, especially in uncertain economic times. The proliferation of altcoins often results in “pump & dump” schemes, where value is artificially inflated by those in control and then collapses, leaving ordinary investors with significant losses. In contrast, Bitcoin’s established track record and proven security make it a more sensible choice for those seeking a stable and reliable store of value.
With so many altcoins lacking real utility or fundamental value and long-term viability, focusing on a secure and immutable network is a wiser choice in today’s volatile financial landscape.
Bitcoin.
8 - Ethereum
If you had to bet your economic future, would you do so by trusting a small group of people who have repeatedly altered the monetary policy of their “decentralized” network, which is decentralized in name only, and continue to do so every six months? Ethereum’s frequent changes in its emission rates and overall monetary policy raise concerns about its stability and reliability as a store of value. This lack of predictability makes it difficult to trust Ethereum as a long-term investment.
In contrast, there is only one truly decentralized network with a fixed monetary policy and a limited supply of 21 million coins, ensuring stability and predictability. The decentralized nature of this network means that no single entity or group can alter its protocol, preserving its integrity and security.
Bitcoin.
9 - An Ethical, Immutable Network Beyond Human Manipulation
With Ethereum and any other proof-of-stake protocols, if there’s a company, if there’s a founder, if there are offices, if there’s an engineering team, if you can identify them, then many things can go wrong and change.
The ability to alter a network undermines the integrity, security, and immutability of the network.
Would you prefer to entrust all your money to a bank run by a small group of individuals, or would you rather entrust all your money to a bank collectively owned by humanity, where no one can potentially hack the bank or change the rules? A protocol beyond the reach of any individual, company, or government.
Bitcoin.
10 - Long-Term Trust
The only thing that matters with a monetary network is knowing that in 100 years, 500 years, 1,000 years, the network will maintain its integrity. If this integrity depends on any individual action, you’ve failed from the start. That’s why, for example, you speak English and not the language invented by your best friend, which is a bit more efficient and has special words. You adhere to a protocol shared by all.
The right choice, if you study history, is to trust no one.
A network that doesn’t rely on any fallible and easily corruptible human being? A network without a weak or strong link?
Bitcoin.
Source & inspiration: Swan Bitcoin
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#Bitcoin is the f* answer to your problems!
Source & inspiration : Swan Bitcoin