EPISODE · Nov 8, 2023 · 46 MIN
10 Things You Need To Know About Bitcoin #3: 21 Million Forever | 015
from One Way Ratchet · host Trent Nutting, Dan Felger
In Part 3 of the series, Dan and Trent talk about how to protect yourself in a world of perpetual money printing and inflation. Episode 3: 21 Million ForeverHow to protect yourself in a world of forever more money and inflation? Buy and hold hard assets. The harder the betterHard asset = limited supply, you cannot make more of them easily or cheaplyWhat are some hard asset:Unique real estateFine art ideally from dead artistsSports teamsProblem is these are all out of reach. You cannot put $100 a week into the Dallas Cowboys. If you could we wouldSo what can you do?Here comes Bitcoin. The hardest asset in the world. That anyone can buy and holdOnly 21M will ever exist. Nobody can make moreA monetary system with a fixed supply for the digital age. That no humans can manipulate or inflate awayBitcoin is just code. Rules, but no rulersYou can buy any amount of Bitcoin. $20, $200 or $2 billionThe North Star of Bitcoin: there will forever be more and more dollars chasing 21 million BitcoinToday’s song: Hard to Handle by the Grateful Dead
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10 Things You Need To Know About Bitcoin #3: 21 Million Forever | 015
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