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Friday, February 12, 2021

Bitcoin is Paleo Tribal Money!

 

In returning to an approximation of the paleolithic world in modern times, of course the first thing is to eat and otherwise conduct ourselves in accordance with our evolutionary heritage.  Move naturally, and often to build our bodies as did our ancestors for millennia, sleep according to our circadian rhythms, and live in a rural, natural environment, as unaffected by big cities and big government as possible.  


But now, there is another step you can take, my paleo fellow tribesperson: buy crypto currencies!  These are currencies that run counter to fiat, or national currencies, like the U.S. Dollar.  You probably only have heard of one- Bitcoin.


There are many others, but they all are similar, and you only need to know a few things.  (They are complex, but just because you don’t understand computers doesn’t mean you can’t use one!)


Crypto refers to all modern private currencies, of which Bitcoin was the first and is the most prominent.  It is mathematically engineered to be impossible to manipulate, like government currencies are, by nowadays simply printing more and more, devaluating all of the existing dollars already printed (and saved!), and thus diluting their actual value due to inflation.  


In other words, when the government decides to have yet another huge giveaway program, (like these upcoming checks going out to each and every family, and then child in the U.S.), they don’t have the money for it- not at all!  They just print billions and trillions more!!

And so, any money you have saved in the bank, or in your IRA, or in your pension, or buried in a can in your back yard- is automatically worth way less, right away.  It’s basically a huge tax that you can’t see, but confiscates more and more of your dollar’s worth over time.  It’s why if you look at home prices from say, 10 years ago, every house seems so cheap compared to today.  Or, prices of cars, or groceries, or anything.  Inflation, the invisible tax.  


Ever since ancient Rome, devaluing the currency has been the way to steal wealth from the people so the government can spend more and more.  For instance, by the end of the Roman republic, a gold coin only contained 1/100th percentage of gold!  Originally, it was all gold.  Of course, eventually everyone knew it, and the scheme collapsed, and money became worthless.  

Just like in Weimar Germany- it took wheelbarrow loads of inflated money to buy a loaf of bread! And, as it is in present South Africa today, along with Zimbabwe- the government money is perceived to be worthless, and it is.


But now, we actually have an alternative to government manipulated money.

Bitcoin.  It is a private money, set up to be impossible to inflate.  Governments cannot manipulate it; it is a currency of the people, controlled by no individual or group- it is set up to be totally honest- Bitcoin is worth what people who own it and the market overall decide it is worth.  The actual value never changes from any outside forces.


But there is more.  Once you own it, you don’t have to plan for its value to decline over time, as with every single other currency on the planet!  It may go up, and then down; but rest assured that, long term, it will inevitably go up.

Think what a game changer this is!  Forever, all throughout civilized history, money has gone down in value, over time.  Always.  My parent’s first house in 1953, where they raised 5 children, cost $10,000.  Their next house, which was in 1962, was much bigger, but only $42,000.  They raised all eight of their children from then on there.  Now, on that same house, my mother is charged 20,000 per year just for property taxes!


This is inflation in action.  Governmental corruption, inflation, and manipulation!  In the past, the only way to stave off inevitable bankruptcy was by investing shrewdly in the stock market, to make enough to make up the difference in the value of your savings lost to inflation.


But now, with Bitcoin, the paleo currency!  Think of it: you put 10,000 dollars of today into this crypto currency.  Come back in 10, or 20, or even 30 years…


Your crypto will be worth far MORE than you invested so long ago, even as your dollar savings have declined into insignificance.


We are so used to thinking of money in this way, that it is hard to imagine it being the opposite.  But, this is what can happen when money is taken out of the hands of governments, and politicians!  


You will be advised by most financial advisors to stay away from Bitcoin!  Just as they will tell you to stay away from gold, or silver.  They make no profit if you invest in these products, they are totally invested in the status quo.


Just as you should pay no attention to medical doctors and clinics as to regards to your health, so too should you pay no attention to financial advisers in regards to your wealth.  Neither one has any knowledge that would benefit you, and in fact their incentive is to mislead you.  They can gain lots of money, one by prescribing you endless drugs and surgeries for ailments that are either bogus or easily cured by natural means like diet and exercise, and the other by steering you into expensive investments that give them huge fees, and do little beyond earning enough to offset a small part of inflation.


Be self reliant!  Be a paleo person, living in the wild, naturally, and avoiding the corruption of civilization as much as possible.  Processed crap fake foods, and horrible television nonsense crap as well!


Eat a healthy, natural diet!  Animal based, and without grains as much as possible.  Ignore governmental health advice!

Put your money into the Paleo Currencies!  Ignore mainstream financial advice!


Go to coinbase.com   Set up an account there (it’s free), and invest in crypto currencies via debit card on a small scale.  Take their quizzes and instructions, which award you with real crypto currencies!  Now, you can get started on a small scale- I started with $10, now it is worth $54!  (About a week ago, just as an experiment)


And more importantly: if you have an IRA, particularly a Roth where they don’t tax you on your withdrawals- buy some Crypto!  


You can easily go to your brokerage account- I have TD Ameritrade, but they are all the same.  BUY a “stock” - GBTC is a mutual fund that is a proxy for Bitcoin.  Buy it, and forget it!

You can also do the same thing with Ethereum, which is a newer form of crypto, and my favorite for now.  ETHE   Buy it.  


Real estate is great too.  But, government can tax you to death on that!  Gold is a real asset, in fact it has historically been the true currency of the world.  

Have some.  But, that will be taxed as well!  


Health and Wealth.  They are both essential, and keeping them as far from the hands of government is the best thing you can do for you and your family!

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