Understanding Monetary Theory: The knowledge that unlocks financial freedom through BTC.
Long ago, like most people new to BTC, I became interested simply because of the mainstream hype. I added BTC to my portfolio and the subsequent bear market really made me question my preconceived opinions. I didn’t stop there; I wanted to understand why BTC is what it is. So, I researched and researched, watched countless videos and podcasts and after some months I thought I knew everything there was to know about what BTC is and how it works. I ended up adding more to my portfolio, thinking; What a great investment this is. However, it wasn’t until recently that I started to make a rather obvious yet distinct connection. It “clicked” for me. The monetary systems used by countries globally have been broken for years, blindly robbing us of wealth through inflation. I finally understood: in simple terms, BTC has no top because Fiat has no bottom. But if you can wrap your head around the math, it makes so much more sense as well. All markets are just Supply x Demand. And although previous cycles have been driven by both, it seems to me that it’s been the halving of supply every cycle that has primarily created the demand which would then drive the price to new heights, typically the following year. But we are now in a new age for BTC. The first domino in global adoption has already been knocked over. Demand won’t slow down anytime soon. In fact, I believe we will see demand for BTC increase exponentially along with the price, greatly exceeding everyone’s expectations. My question to you all is this: What books, articles or podcasts would you recommend to help others learn more about the real “Orange-Pill” knowledge? (understanding monetary theory) Thank you and God bless ₿ submitted by /u/Java_Best [link] [comments]
Long ago, like most people new to BTC, I became interested simply because of the mainstream hype. I added BTC to my portfolio and the subsequent bear market really made me question my preconceived opinions.
I didn’t stop there; I wanted to understand why BTC is what it is. So, I researched and researched, watched countless videos and podcasts and after some months I thought I knew everything there was to know about what BTC is and how it works. I ended up adding more to my portfolio, thinking; What a great investment this is.
However, it wasn’t until recently that I started to make a rather obvious yet distinct connection. It “clicked” for me. The monetary systems used by countries globally have been broken for years, blindly robbing us of wealth through inflation. I finally understood: in simple terms, BTC has no top because Fiat has no bottom.
But if you can wrap your head around the math, it makes so much more sense as well. All markets are just Supply x Demand. And although previous cycles have been driven by both, it seems to me that it’s been the halving of supply every cycle that has primarily created the demand which would then drive the price to new heights, typically the following year.
But we are now in a new age for BTC. The first domino in global adoption has already been knocked over. Demand won’t slow down anytime soon. In fact, I believe we will see demand for BTC increase exponentially along with the price, greatly exceeding everyone’s expectations.
My question to you all is this: What books, articles or podcasts would you recommend to help others learn more about the real “Orange-Pill” knowledge? (understanding monetary theory)
Thank you and God bless ₿
[link] [comments]