I was asked at work what would I do if I got an extra $1,000 a month and I said, " buy more bitcoin." They all looked at me like I was crazy or out of this world or a weirdo. They'll see...
@tt-jh7hk26 минут бұрын
You will work like a Dog for the entire life if you dont Study BITCOIN... Entire Schooling seems to be worthless when you dont understand this. Thank you Rajat❤
@Chinnacheemal32 минут бұрын
Interested, Who created this QE of printing money, when does this all started , does finance experts and economits not involved in making decisions, are they such dumbs ? Or may be we are missing understanding how all this money printing works
@LaineGaming48 минут бұрын
Some of us had to clean some of this stuff the hard way...but I'd never take back the learning experience I've obtained. Hope someone sees this before they rekt themselves.
@38929391259 минут бұрын
Bitcoin can never be the world currency used in commerce. There would be no motivation to spend it since it grows in value anyway, no need to invest in building realworld things. People who have no Bitcoin will use something else, something more liquid and Bitcoin will become like gold, hoarded in vaults doing nothing, creating nothing, helping nobody. However, for now, its an anti-inflation asset and is great for that, but not as currency except as a last resort. Who spends their Bitcoin at Starbucks?
@RukayyaKsaniСағат бұрын
I love It
@PgeorgiexСағат бұрын
Bitcoin is going up forever Rajat.
@matten_zeroСағат бұрын
13:47 high interest rates also inflates the currency.
@guichiridelguinСағат бұрын
On a Bitcoin Standard, banks won't exist no? On the other hand, Bitcoin price will keep rising (against today's dollars), so what will people use as a unit of account?
@dantealighieri41572 сағат бұрын
Just watched the last half of your video. As you stated in another one of your videos that you should always learn and study bitcoin. You're off by a lot of what you say in the last half of your video. Take some time to think about it, we won't be buying in Satoshi's in the next 50 years because bitcoin is simply too valuable. There will always be exchanges and for the smart, you'll have to borrow against your bitcoin for the rest of your life. That goes against another one of your rules. But you will borrow against your bitcoin for the rest of your life and each year that goes by you'll be paying off the previous year's loan as well as what you need to spend for your lifestyle. A part of your flawed logic probably comes from being in Canada. The US is and will always be the most powerful country in the world and to maintain that standing, the US will keep the Dollar as the world's reserve currency either in paper or digital format. So you have to bend your thinking into how bitcoin will interact with that model. Anything else, will not work and bitcoin will fail.
@rajatsonifinance39 минут бұрын
Maybe you should bend your model to think that fiat currencies won't exist eventually.
@voluntarism3352 сағат бұрын
Not to mention that inflation also causes shrinkflation and products being made worse with worse individual parts, whether that's worse ingredients or lower quality materials ect.
@ZeeNakamoto2 сағат бұрын
This logic is kind of flawed because you speak against the rich getting richer but then you support "spending our Bitcoin" which just transfers our bags to the wealthy Then you're against borrowing but also say not to sell
@rahulsampat86982 сағат бұрын
He says sell only when you need something like a house, education etc
@dmn6162 сағат бұрын
$250k
@dantealighieri41573 сағат бұрын
The only bitcoin that will be lost in transactions will be for the transaction fee. Otherwise, in order for bitcoin to play nicely with US dollars, there will have to be some stablecoin tied to US dollars for everyday transactions. It will only be bitcoins and stablecoins in the future.
@rajatsonifinance38 минут бұрын
Bitcoin doesn't need to play nice with US dollars
@what-it-do28554 сағат бұрын
Bitcoin Paul Revere from X LIKES THIS.
@roberta.transparentliving97574 сағат бұрын
Rajat, you are so on point!!!
@KAPODABOSSDON4 сағат бұрын
U never use bitcoin for currency u need paper and bitcoin at the same time 🕰️
@mohamedelyeszormati4 сағат бұрын
I have a feeling people will look at your videos in the future and regret not listening to you, just like when Davinci Jeremie was asking everyone to buy bitcoin when it was worthless back in 2009 and everyone ignored him, then years later Davinci became a millionaire and people regretted not listening to him.
@tonyjohansson29675 сағат бұрын
Really? I thought that 100k would be the green flag for people 😊
@Twisted-Knackers5 сағат бұрын
Should we borrow as much fiat as possible to buy Bitcoin, the growth should out pace the interest?
@Gregory-o6v5 сағат бұрын
Unless prices reset to utility value when Bitcoin is the currency, even if fiat is backed by Bitcoin, we will inherit inflationary prices. If it costs 0.01 BTC to buy a car when 0.01 BTC has the purchasing power of, say, USD30K, anyone with less than 1 BTC will struggle to survive. The problem is that only 21 million people, at most, can own 1 BTC. Inheriting fiat pricing will keep 99% of people forever poor and dependent upon government or charity.
@gapamorn87055 сағат бұрын
The simpsons said BTC will go to infinity too😂
@JonathanBurrows-ub7gw5 сағат бұрын
You raise a valid point, but the widespread consensus among think tanks that Bitcoin should never be sold requires further scrutiny. Perhaps it is still too early to draw definitive conclusions. For example, consider someone with a low-income retirement salary who chooses not to sell their Bitcoin. If their monthly grocery and household bills form a critical part of their 'survival package,' the only practical solution might be to sell at least a portion of it. After all, one cannot live inside a Bitcoin. That said, there may come a time when Bitcoin generates a reliable monthly yield, eliminating the need to sell. However, this would likely involve 'lending' Bitcoin to an institution, which requires entrusting the asset to that entity-a risky prospect. As I mentioned, it is premature to make assumptions, but my intention is to explore viable alternatives that would allow for retaining Bitcoin while generating returns safely. I won’t delve into the complexities of borrowing against Bitcoin, as the feasibility of such strategies varies greatly depending on location-for instance, borrowing in Switzerland is vastly different from borrowing in Zimbabwe, with all due respect.
@protienslv6 сағат бұрын
There will be no more USD they plan to switch to CBDC.
@protienslv6 сағат бұрын
We can't print money. Red shield can.
@Chinnacheemal6 сағат бұрын
🎉🎉🎉🎉❤
@levacarvalho6 сағат бұрын
If any advanced civilization exists, it is highly likely that they have developed a system analogous to what Bitcoin aspires to become-a decentralized, incorruptible, and universally accessible form of currency. For a civilization to ascend the Kardashev scale and achieve higher levels of technological and societal sophistication, it would be nearly impossible to do so while relying on flawed monetary systems plagued by corruption, manipulation, and inefficiencies, as seen in many of our current governments. The stability and trust required for interstellar cooperation, resource allocation, and the efficient functioning of such a civilization would demand a currency or value-exchange system that operates beyond the reach of centralized authorities and remains resilient against the mismanagement that undermines economic progress.
@Omar-nn9ms7 сағат бұрын
Can’t lie this short has aged perfectly. 🎉
@JosephWright-l6q7 сағат бұрын
Such an incredible video! I loved it and can’t wait to see more similar ones!May I ask how to transfer money from an electronic wallet!!!USDT( pear, flame, keen, lift, shine, genuine, photo, other, wire, motion, pact, common )。Thank you all for your help!!!
@swags19797 сағат бұрын
I will never sell my Bitcoin for fiat or assets that will depreciate in value. My Bitcoin is for my children
@luckypapadopulos25758 сағат бұрын
Where are your 24 K glasses Where is your Gold & Diamonds Where is your designer clothing Your a >>> NOTHING BURGER Keyboard >>> WARRIOR !
@rajatsonifinance8 сағат бұрын
😂😂
@luckypapadopulos25758 сағат бұрын
I don’t care what you own Cancer will not be stopped by your BITCOIN ! Look at the world STATS !
@luckypapadopulos25758 сағат бұрын
I don’t care what you own Cancer will not be stopped by your BITCOIN ! Look at the world STATS !
@rajatsonifinance8 сағат бұрын
Cancer??? What are you talking about
@luckypapadopulos25758 сағат бұрын
Everyone here are sheep following the flock !
@rajatsonifinance8 сағат бұрын
You're part of the majority though..
@luckypapadopulos25758 сағат бұрын
You know what I see ! You talk money , you talk wealth Have a look at the >>> BIRD CAGE your filling from !
@rajatsonifinance8 сағат бұрын
??
@BRUTE_FORCE-v8e8 сағат бұрын
🌹¹♧ How will you use bitcoin if a world war happens ? Bitcoin can be used to fund wars ?
@luckypapadopulos25758 сағат бұрын
Your brain was created from nothing !
@rajatsonifinance8 сағат бұрын
??
@mehmetagaoglu58839 сағат бұрын
You have to break the system!!!! My goal in life was I always believe ın you have to use the system to benefit for yourself...
@luckypapadopulos25759 сағат бұрын
The ROOT problem is YOU ! Gold no tax payable Ask Ukraine people they could take their houses with them ?
@rajatsonifinance8 сағат бұрын
??
@kevinpoi34249 сағат бұрын
Do you ever sleep, Rajat lol
@rajatsonifinance8 сағат бұрын
😂😂
@DodgerBlue9099 сағат бұрын
I would be tempted to sell half of my btc profits ones it hit $1M or so, unless somehow I'm able to buy a home in BTC
@SouthernBitcoiners8 сағат бұрын
Better be a house that can print money
@kitkarson422610 сағат бұрын
I saw some reddit discussion that 21 M is not part of the whitepaper and if 51% of miners agreee, the 21M can be extended to 42M and so on. Then in that case, how is it going to be different from fiat currency. Do you know anything about it?
@rajatsonifinance9 сағат бұрын
They have no clue what they're talking about
@sonicbluecobra10 сағат бұрын
Great video ❤
@JetBlake-sv3gs10 сағат бұрын
yep wrote over 400 articles on Steemit about this back in 2017. Few people cared
@dont.ripfuller658710 сағат бұрын
Bitcoins supply is 2.1 quadrillion Sats and this is how it should be viewed, imo, not in whole tokens.
@rajatsonifinance10 сағат бұрын
Still finite
@dont.ripfuller658710 сағат бұрын
@rajatsonifinance Most definitely, that's not what I meant, I just meant people should focus on stacking SATs as that's how it gets used the most.
@covidisascam455610 сағат бұрын
I never plan to sell my bitcoins. I would like to barrow against my bitcoin instead. I dont come a rich family. If you have assets this system works best. If you dont have assets it doesnt. It is what it is
@davidbaldwin966410 сағат бұрын
Keep spreading the news. I'm here in the US and people literally do not know or even care what is coming. People need to ride the wave now, because once the mainstream, (Big media), starts talking about this it will be too late.
@levacarvalho11 сағат бұрын
I don't expect the conversion to BTC as the world currency will be without turmoil, the powers of this world will try to summon every black swan possible to try to take advantage and maintain their power. We need to study every strategy we can about how they can defeat us
@carlosleshawn11 сағат бұрын
Use the system against itself and capitalize
@carlosleshawn11 сағат бұрын
If you’re reading this, find the glitch and exploit it and don’t tell anybody 🔑