Journal 10234: Financial fantasies shattering...
Early innings
Fundamentals don’t matter?
Debt doesn’t matter?
Money doesn’t matter?
Look at the little clowns leading us?
I am hoping and praying that the clow world will end. What if it doesn’t?
I have been joking a little bit of that the “true dystopia” is that nothing breaks.
Gold is at ATH. Is Bitcoin super strong? Why? Are they sniffing that something will break? Or is it just speculation? Or giving up? Real rates will go negative again, but how? Trust in “the system” at an all-time low? Bitcoin is a massive bet on distrust of the system and currency debasement.
I still think we need a recession to purify us from all the shit and focus more on something that has value.
The middle class will continue to get fucked. The only way to escape is to own at least something, and they buy whatever at whatever price. Here in Finland, the talking heads and middle class celebrate the relief in EURIBOR 12 months. Finally, phew, we will be saved. How exactly? I’m sorry, owning your house won’t be the golden ticket it used to be. It is a horrible asset to own in an EU state.
More debasement
More inflation
More taxes
Be it the war in Ukraine or the fight against climate change.
Everybody chases the great escape, but how can you do it? Work more and pay more of that mortgage? Play the biggest casino on the planet (stocks)? There are no shortcuts…
How to save money today? Who even cares? Who wants a better future for our kids?
- The middle class still doesn’t care.
They want to gamble and yolo to shit.
It took me a few years to get the courage to mention Bitcoin. I wrote my first “pamphlet” about Bitcoin to my friends and family in 2021 Q1 when Bitcoin was at the same level it is now at 40-42k (Still early). It was extremely cringe, but I wanted to spark some interest and discussion. 5% gave me some response. The rest still think I am entirely out of my mind.
I would not recommend orange pill actively to your friends and family; you will only annoy them. You are not “fun”. The best is just to be the best version of yourself. Maybe they notice or not. Who cares.
Since adopting Bitcoin:
I don’t work anymore 50-100h weeks. I focus more on what matters to me and not chasing success.
Eating 10x more healthier
Exercising constantly
Quitted alcohol
Reading more
Meditation
I genuinely think that adopting “hard currency” changes you for the better and would be better for the planet in the long run. No, I don’t identify myself as “Bitcoin maxi”, just some random dude who likes Bitcoin.
Bitcoin is not a shortcut to financial freedom.
Still, I recommend studying Bitcoin and owning a little bit of it. You might find cues along the way on how to be financially free. What is money, after all? What does it mean to you? How do you define it? As Buddha wisely pointed out, “You only lose what you cling to.”
The current pillars of our economic system, built on policies, debt, and endless greed for wealth, resemble sand castles - weak and transient. Bitcoin is not a magical solution but a part of building a more sustainable and equitable future. Economic freedom should be a fundamental right, yet it's often overshadowed by the urge to live beyond our means, to consume debt, and to lose ourselves in the corporate machinery.
Our banking giant is ironically accusing Bitcoin of being used for criminal activities. It's almost comedic how corporate minions parrot these accusations, blindly celebrating the words that undermine their economic autonomy.
Their complaints that Bitcoin is a haven for outlaws only sweeten its appeal. Seriously, who aspires to be a mindless corporate minion?
Stay safe and hard <3, don’t FOMO to shit.