people who got rich from bitcoin reddit

finance and commerce. Getting rich will just be a side effect of putting the value of what we have today away from the exponential yearly increasing inflation we have on the dollar that's pegging up the world economy today. My grandma still has her 7 bedroom home with 3 acres that she bought for 6 grand that she paid in full without a loan. Back then it was all about agriculture. Imagine what they'll cost in the next 30 years, 30 to 50 dollars for a burger a 100 dollars a meal? A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.

And the wealth and value that will be created from them will absolutely dwarf all the gains made in crypto so far. Bitcoin is a distributed, worldwide, decentralized digital money. The 2008 recession bumped us up to 8 yearly inflation from the 2 yearly inflation our grandparents had. The real prosperity isnt in chasing the Bitcoin price higher, and certainly not in the latest ICO craze. Quite simply, the people and civilizations which embraced and used the technology prospered. The emergence of the microchip. And if you look at the pattern that inflation is rising in speed as our debt goes.

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And to continue learning how to safely grow your wealth, I encourage you to download our free Perfect Plan B Guide. 4.5k, online, a community dedicated to Bitcoin, the currency of the Internet. Our parents made about 30 grand a year and they could get a house for 30 grand too. And our parents national debt was only 10 the size of what we have today. Online platforms can do it at practically no cost. Us tho, we're averaging 50 grand a year(100 if your middle class and our houses are running on average upwards to 500 grand for a 3 bedroom home to 800k for a 4 bedroom place. Yes that doesnt mean the dollar will die, it just means it will keep getting worth less and less over time. With those dominos lining up, then it's only a matter of time before the 1000, and 10 thousand dollar bills come back along with the inflationary consequences that come with it, hitting the purchasing power of our dollar painfully. But the guys that saw that historical connection and tried to fix it are now dead, and the chimps they warned about climbing that dangerous latter(printing more money at a faster rate /or adding a 0/s to our bills) are in test bitcoin charge it now. Fuck our kids they'll make enough to do a 50 year 10 million dollar mortgage if they want a home? Back in ancient times, once people discovered that horses and oxen could multiply the labor of human beings, there were probably plenty of traders who made money speculating in animal prices.