With the halving behind us, Bitcoin has become the most desired asset on the planet. However, there is an equally important asset which you hold that no one talks about.
Your sovereignty depends on it.
Accumulating Bitcoin is just one way to protect your sovereignty. But it means nothing if you totally miss the other one and don’t guard it with your life.
What is this other asset I talk about? TLDR at the end.
Your time.
Since it’s free, nobody thinks how they spend it. However, without paying attention, everyone and everything is after it. And they will take it, all of it, if they could.
It is your duty to protect how you spend your time, just like you protect your Bitcoin. No one else will do it for you. When you spend your time on any activity, think as if you are spending Bitcoin!
Below are a few example how you are being robbed of your time. Then we talk how you become sovereign.
You are treated as an asset with a fixed amount of time and productivity.
When countries borrow more and more and issue infinite treasury bonds, the buyers of such worthless papers need to have some guarantee of payback. That guarantee or collateral is YOU. The population of a country is the collateral.
For example, the US is one of only two countries in the world with lifelong citizenship based taxation. No matter where you are, you will be hunted, taxed, and exploited. This is an assault on your time and sovereignty.
If they can’t tax you to death because you will revolt, they will simply devalue the currency until all your savings are gone. One way or another, they will get your time and productivity.
You are just an asset or collateral, not a person. They even have a price for that or rather your time.
In Western countries, the value of a statistical life (the average) is between $1 million to $10 million. In the US, the average is $7.5 million. In the European Union, the average is $3 million.
That’s a lot of Bitcoin that you didn’t know you had and you’re giving it out for free! Now you know why you are treated as collateral, because your time is valuable!
You are paid in fiat money in a currency that devalues over time.
What effectively happens is that you trade more and more of your time for fiat money that buys less and less goods and services. In effect, you are being robbed of your time. Your productivity (and time) is being stolen by dilution, inflation, and devaluation.
However, if you are paid in or hold Bitcoin that abuse will be mitigated. But the assault on your time does not stop there.
Social media, news or entertainment is an assault on your attention, aka time!
The only purpose of social media is to keep your attention glued to the screen for as long as possible.
Why?
They trade your attention (or time) for money! You give it for free, they take it, and convert it into money. Some even pay for the privilege of being robbed of their time thinking it’s a good trade (e.g. social media subscriptions).
If you give out your time for free and get nothing back, then there is a winner and loser in that trade. Which one are you? Most don’t even realize they are conducting a trade. Raise your awareness to this fact.
No one talks about time as an asset. But it’s the ULTIMATE asset!
This is on purpose.
Why would anyone make you aware that you hold the most precious asset on the planet when they take it from you? Again, and again, and again. Most give it out for free as if it costs nothing.
It costs YOUR LIFE!
As you get older, you realize that your most precious asset is time. Not money. This does not come into view until later.
The same applies to Bitcoin, most people will wake up to its value too late or when they are suffering. Joining then will be quite expensive both in time and money.
Therefore, strive to be early and in our Patrons group during this journey! Surround yourself with thousands of like-minded members in our community and be sovereign in your pursuit.
How do you become sovereign?
First, you need to guard your time and give it the proper attention and importance. Treat it as even more important than your Bitcoin, because it is!
Second, when you spend time on any activity assume you are losing a fixed amount of Bitcoin per hour. Make that time investment worth it!
Third, it’s time to bring value back to your life! You do that by saving your time and productivity in the hardest money that exists. That’s Bitcoin right now. That only solves a part of the problem. What about the rest?
Forth, know that you ARE sovereign and YOU decide how you spend your time. Make no mistake, everyone is after your time and attention and they will do anything to take it from you. Ideally for free via manipulation, distraction, or force if necessary.
Fifth, be very, very stingy with how you spend your time and give it the proper respect. Treat it as the ultimate form of money you have. Re-wire your brain.
Lastly, spend it wisely on things that matter to you. Don’t compromise on that.
TLDR & Tips to Remember
If you don’t value your time, someone else will, and own your life.
Protect your sovereignty at all costs. Holding Bitcoin is part of that.
Don’t spend your life living someone else’s expectations of you.
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All info is provided for educational purposes only and is not financial advice.
Very important thought to always have in mind.
Time is our biggest asset, and Bitcoin is by far the best way to store our energy spent working.. since is timeless and limited!
Great post!
Great newsletter! Time more finite than money. I've seen so many people waste it. I don't want to be one of those people.