BITCOIN THE RICH MAN’S CRYPTO

Bitcoin was created in the year 2009 by Satoshi Nakamoto. Who is Satoshi Nakamoto? No one knows. People speculate that this could be the identity of a person or persons residing in Japan. There is also speculation that this could be the pseudonym of a group of software and cryptography experts in the United States or Europe. The world will probably never know the truth. There are statues in Budapest, Hungary, and Lugano, Switzerland, dedicated to Satoshi Nakamoto. The face of the statue in Budapest is made of reflective bronze material so that visitors can see their own face reflected back at them. The disappearing statue in Lugano, Switzerland, celebrates the anonymity of Satoshi Nakamoto and the legacy of Bitcoin. The figure of a faceless person on a laptop can be observed clearly from the side of the statue. However, if observed from the front or rear of the statue, the viewer gets a see-through effect due to its slit design. Cool!

I could bore you with all of the technical jargon on Bitcoin and how it works, but I will leave that to other bloggers and content creators. I want to make my explanation of Bitcoin as simple as possible for everyone here who is new to cryptocurrencies. Through the use of a series of computers, digital money is created through something called the blockchain. Now, it’s not as simple as that, but to be honest, I am not an expert on blockchain systems or how Bitcoins are mined/created. No clue here. However, through technology, we now have a new digital form of currency that is currently used all over the world. The only thing now is to get the world to adopt this, and then we will be off to the races. 

First question, WHY WOULD THE WORLD WANT TO ADOPT THE USE OF BITCOIN AND CRYPTOCURRENCIES? Simple… VALUE. Let’s discuss the value of BITCOIN. When Bitcoin first launched in October of 2009, anyone who invested $1 USD would have received 1,309.03 Bitcoin. Today, at this moment, you need $95,260.38. Today’s date is April 25, 2025. So let’s do the math. 1,309.03 Bitcoin multiplied by $95,260.38 is $124,732,036.36!

I toss and turn in bed at night and kick myself today because I knew about Bitcoin then and I didn’t buy it. Today I would be a Bitcoin millionaire traveling the world, doing whatever I please, dating beautiful models, and going to exclusive places to eat. Meeting interesting people. The lifestyles of the rich and famous!

Now cryptocurrencies raise their head again. This time I will not miss my opportunity. The multiple issues that we face here are not insurmountable. We must identify the problem. We must understand that we are literally under financial siege. 

We earn money in a fiat system. What is FIAT MONEY? This is money that is backed by nothing but the US government. Not gold. Not silver. Basically nothing! That is correct, and you heard it right here. The US dollar is backed by nothing but the stability of the powers that be here in the US and supply and demand.

A huge problem that we are facing is the debasement of our fiat currency, debt, inflation, and debasement of said fiat dollar. Every year the dollar loses value and buys us less and less. Wages stay the same, forcing families to work more hours and/or work overtime. Work harder, earn less, pull yourself up by your bootstraps. Live the American Dream, right.

Well, I am here to inform you that the dream is still alive, but it has just changed direction. If you are still chasing the dollar, you are chasing a pipe dream. The fiat currency system is broken. The truth is that there is something terribly wrong going on, and the general population all over the world is oblivious. They continue in the endless cycle of what the Romans called “Bread and Circus.” Unfortunately, Bread and Circus is working flawlessly. In my city, the casinos, sporting events, and other diversions are heavily patronized! Drugs and alcohol are heavily consumed. Sex and promiscuity are rampant! The selfishness and neglect of the wider concerns of our nation by the common people are out in the open and on display for anyone to see. Everyone is literally amusing themselves to death! The idea of civic duty is a joke.

What do I mean by “civic duty”? For me, civic duty means being an asset to YOURSELF first! Be productive. Work. Save money. Live by the GOLDEN RULE. Treat others as you would have them treat you. If you have children, financially and morally support them by providing an intact family with good morals and values. However, to provide these things, money is necessary. Money can be earned, but the current fiat system is in its death throes.

 Crypto is the currency of the future, whether we like it or not. It’s just a matter of time. The grave has been dug, the funeral home has been notified, and all of the arrangements have been made. The general population has not been paying attention because they have been occupied with their “Bread and Circus.”

This is unfortunate because the clock is running. The door to financial independence is wide open, and all we have to do is walk through. I speak to many people about this, and I am mostly ignored. It’s like I am speaking Mandarin to them. These people are close to me. It’s like I’m the little kid crying wolf. I believe that people are mostly set in their ways and don’t like change.

Nevertheless, my point here in this blog is that for most of us, Bitcoin is an opportunity for rich people. Most of us cannot afford one Bitcoin. I don’t have 93k USD just lying around! However, there are other cryptos that are going to be valuable, and NOW is the time to invest! Snooze and you will lose! In my next blog, I will discuss cryptocurrencies, what they are, and their uses.