but i would say its worth at least a million dollars..
sa 6/6/26
I wanted to sum up what was said in the vid i posted yesterday which is IMO the most important financial advice and talk about what is bitcoin that i have ever heard..
Money is..
a store of value
easily carried and traded/used
durable
fungible (the same value no matter who owns it)
so, fiat is all of these. gold and silver are sure a store of value, but not so easy to carry and use. (imagine carrying around bars of gold)
so think, what's more transportable and easy to transfer than crypto? durable.. cash is ok, but can't it burn or tear? but i guess btc can get hacked, so there's that.
now onto the #2 thing that i learned that really hit me..
10% is good,
15% is great,
20% is WARREN BUFFET
the power of compounding makes these the benchmarks for the big money and what we all should go by.
I also thought, if compounding is obviously so powerful, then instead of say 10% compounded over a year, how bout .1% compounded daily?