I know I said I would get to the issue with Artificial intelligence today, but I want to touch on a more immediate topic. I will address AI tomorrow.
As Bitcoin and other cryptocurrency (riding BTC's FOMO wave), I will provide insights as to why it is my preferred investment. First off, BTC is decentralized, which means that no one person or entity controls it. Unlike all fiat currencies (currency create by mandate), BTC has intrinsic value. BTC
If BTC loses it's value due to its digital nature, all currencies, including the World's current currency of reserve (the US Dollar) will lose their value. Most U.S. Dollars are bits in a computer and most people only have digital dollars. How many physical bills do you have in your possession? As long as one device has the Bitcoin black chain ledger on it, that ledger can be propagated throughout the world and your BTC balance restored.
What else can you invest in today that not only offers to keep up with inflation, but the possibility of financial freedom? Does your savings account keep up with inflation? Will your home buy you groceries when you need them? Can you pay for your child's useless college degree with your stock or your 401K? BTC increase is value is due to the fact that there will only ever be 21 million Bitcoin created EVER! While you can make spinoffs (or imitations of Bitcoin, they will never be adopted as Bitcoin. This is not something that could be said about any other fiat currency in the world. The fact that Central banks can create more of whatever fiat currency that country has adopted out of thin air is the reason why all fiat currencies can and are devalued through inflation. During the pandemic, the United States printed forty (40) percent of all U.S. Dollars ever created. Five (5) TRILLION dollars were added to America's economy and most of that went into vaults and savings accounts of the rich. That is why groceries have doubled in cost. That is why more people are falling into poverty and debt. That is why America is moving towards a neo-feudalism which is one step away from a neo-slavery.
You will own nothing and be happy.
This sounds like a happy slave, which sounds like an oxymoron. The wealthy want to control your life
In 2018, I wrote a book highlighting the problems Humanity would face if more power, wealth, and control was funneled to a small group of elite individuals, groups, or organizations. In my book, I provided solutions (from myself and others) to the inevitable problems and also a means for the Public to analyze, compare, and contrast the words and deeds of those we choose to follow against reality. In my book Solutions: Enough complaining. Let's fix America.
In "Solutions...", I provide the means for readers to disseminate information as provided by their news sources of choice, their elected officials, and any other authority they choose to follow. The book also offers a means to hold their leaders up, not just to a higher standard than is currently accepted but to one that would improve their lives and the lives of those for whom they care.
