Translations: Dutch 🇳🇱 Italian 🇮🇹 German 🇩🇪 Greek 🇬🇷
Audio by @DelioPera
There are many people buying bitcoin today because they believe the price will go up and they will become wealthier. This is overlooking a more important reason to own bitcoin. Read on to find out more.
Life is Tough, and the Rich Get Richer
Have you noticed life keeps getting harder and harder for most people? Have you noticed that the savings from a lifetime’s worth of labour is used to pay for a non-extravagant home? Why so extreme? Land is not that scarce. Homes are not that difficult to build – why should two people exchange their life’s effort merely for shelter?
It’s not just homes. Have you noticed that most things are getting more expensive (particularly since 1971)? Have you felt the pressure to use any savings towards a deposit for a home ASAP, before the home rises in price, wiping out the savings? Or invest your savings so it doesn’t lose its value (even though you’ll be taxed on the gains you need just to keep up)?
If you work in your specialised area of expertise and receive money in return, shouldn’t you be able to use that money to get back from society at a later time what you put in? Doesn’t it feel like that money’s value is being stolen from you?