During the live broadcast this afternoon, the Orange Seat mentioned that one should earn currency rather than just make money.
In fact, the mindset of a currency standard was mentioned by the Orange Seat during the last bull market, but to be honest, even the Orange Seat himself couldn't fully implement it.
After the New Year this year, I reorganized my value system and established an asset allocation structure of bitcoin, gold, and fiat currency, which is when I began to implement the currency standard strategy.
One fan said at night that two years ago their assets could buy 2 bitcoins, and despite working hard to earn money during this period, they can still only buy 2 bitcoins now.
Two years ago, 2 bitcoins were worth 300,000; now they are worth 1.5 million.
He worked hard to earn 1.2 million, but it’s better to hold 2 bitcoins and do nothing.
You can also understand from a different perspective: in fact, bitcoin hasn't changed; it is the purchasing power of fiat currency that is crazily depreciating.
Inflationary fiat currency stands against deflationary bitcoin, revealing its true form like a demon-revealing mirror.
Many of us have underestimated the speed of fiat currency inflation; just look at the total amount and growth rate of U.S. debt to realize how quickly your wealth is depreciating.
If you do not take action, your assets will be eroded at a visibly rapid pace, and the reason you do not feel it now is that the printed money has not been injected into the market - not because it hasn't been printed.
Just like a project party holding a huge amount of chips, they don't sell because the time isn't right, not because they don't have any chips.
Perhaps this is why institutions like BlackRock are still buying bitcoin in large amounts at this point.
They are not foolish; they just remain silent.
So back to us ordinary people, it seems we must make a choice:
Will you choose to let your assets be eroded by high inflation?
Or choose a digital asset that does not inflate and only deflates to preserve and increase value?
Regardless of whether your goal is to preserve and increase value or simply to combat inflation,
It seems that the people of the entire world have no better choices.
As more and more people make the same choice, the price of bitcoin will rise rapidly.
When the number of people making this choice reaches a tipping point, the price of bitcoin will become unimaginable.
In the face of an unprecedented upheaval in three thousand years, everyone's imagination can be a bit wilder.
You can even imagine such a scenario:
Citizens of this earth, in order to avoid their assets being eroded by high inflation, will choose to convert most of their assets into digital assets, leaving only a small portion for living expenses.
All of humanity may complete the de-fiatization, and the purchasing power of fiat currency will crazily depreciate, just like the German Mark and gold yuan tickets back in the day.
In the past, humanity had no choice in such moments, but now they can choose to exchange fiat currency for digital currency according to demand and real-time exchange rates, rather than watching their wealth being plundered by the excessive issuance of fiat currency.
As for why the Orange Seat would say this, if you look back over 100 years of human financial history, you'll understand.
The only two certainties on this earth are - more and more fiat currency, and less and less freedom.
Looking at the currency standard mindset proposed by the Orange Seat now, it may seem niche, but in decades, perhaps everyone will think this way.
This reminds me of that famous line from The Wandering Earth:
However, this time it is not a disaster for humanity, but a disaster for fiat currency.
From decentralization to de-fiatization, in the face of historical tides, we may have been too conservative.
Reality is often more thrilling than the plot; what do you think?
I am the Orange Seat, a man focused on recovering cryptocurrency assets and helping you become wealthy.
