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RajatSoniFinance
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The Federal Reserve issues the money that we use as a world reserve currency (the US Dollar). The Federal Reserve is not a government institution. It just uses the US government to force everybody to use US Dollars by keeping the US government in debt. Who owns the Federal Reserve?
You don't hate capitalism. You hate fiat currencies, which are a big reason for: - Unlimited money printing - Price inflation - Bailouts - Reckless government spending - Wealth gaps
Bitcoin is the most powerful revolution of monetary policy. It will take power away from governments and give it back to individuals. Nobody can stop it, including the US, Russia, China, North Korea, etc. Only YOU can choose to stop yourself from using it.
Humans are greedy. They choose to steal from others. Developed countries have used fiat currencies to steal from the rest of the world. Bitcoin is the first form of money that NO HUMAN is in control of. It's completely controlled by incorruptible software. That's why governments of developed countries hate it, while the rest of the world is embracing it.
Bitcoin is hard to understand because it challenges just about every belief you have about money. Here are the most common misconceptions about the Bitcoin network: 1) Bitcoin  has no physical presence so it's worthless Money is simply a belief system used to transfer value. It doesn't NEED to be physical. If market participants accept that BTC has value, IT HAS VALUE. Countries like El Salvador have adopted a Bitcoin standard already! 2) Bitcoin isn't backed by anything BTC has all the characteristics of money: scarcity, durability, divisibility, portability, fungibility, and acceptability. As long as these characteristics are maintained, demand (and price) will continue to go up. 3) Bitcoin is not scalable Financial systems are built in layers. Debit and credit cards are used to support more transactions in the USD system. Similarly, lightning exists for small transactions on the Bitcoin network, and can support 1 million transactions per second. 4) Bitcoin can and will get hacked Bitcoin was introduced to the world 13 years ago. IT HAS NEVER BEEN HACKED. In that same period, Yahoo, Alibaba, LinkedIn, Facebook, Marriott, and Adobe were ALL hacked. Private information from billions of accounts was compromised. 5) Regulations will kill Bitcoin    Custodial services need to be regulated before institutional investors buy Bitcoin. In reality, regulation will lead to new inflows of capital, and will HELP Bitcoin adoption.
You buy bitcoin at the price you deserve: If you buy because of a fear of missing out, you'll probably end up overpaying. If you sell because of fear that the price will drop more, you'll probably end up selling at a discount. Just dollar cost average in and stop trying to time the market!
Governments dislike Bitcoin because it records ALL TRANSACTIONS that occur. This means no under-the-table money for politicians. It means no stealing from savers to give to corporations. And, most importantly, it means leaders need to start thinking about opportunity cost. If you're not a part of the government, Bitcoin gives YOU the power to decide what you do with your money, rather than giving that power to a group of individuals.
Stop buying things you don't need, with money you don't have, to impress people who don't care.