My one critique of networking in the present day is our over reliance on social media, which has its place however will by no means have the identical affect of peer-to-peer networking, or what we would have known as “phrase of mouth” within the ’90s.
Think about if 5 million rabid Bitcoiners made it their private mission to get 20 of their mates off zero every year? In a single yr, we’d see 100 million new individuals added to the community!
The work Ray Youssef and his workforce are doing in Africa are fashions for peer-to-peer networking within the Bitcoin group. Peer-to-peer networking is transformational.
As a “boomer” or individual typically older than the common viewers of Bitcoin, what’s your perspective on the largest adjustments Bitcoin brings to the world?
It strikes humanity to at least one on the Kardashev scale.
It provides us cash fueled by vitality, a tough cash normal that’s fueled by vitality not authorities whim or favoritism. American beliefs set in code.
Bitcoin unleashes the entrepreneurial vitality of billions. Absolute shortage has the paradoxical impact of triggering abundance pondering. Cash that’s as scarce as time brings unimaginable adjustments.
As Michael Saylor likes to say, “Bitcoin is hope.” Bitcoin provides me extra cause to be hopeful than any authorities program or coverage in my lifetime.
Bitcoin breathes new life into the American dream for my kids and the dream of any citizen of the world.
How would you finest describe Bitcoin to somebody your age, and the way is that totally different from the way you would possibly describe it to somebody youthful?
To my friends, bitcoin is an insurance coverage coverage towards authorities overreach and Federal Reserve financial coverage. It permits these with pensions to stretch their shopping for energy additional. I inform my friends that while you personal bitcoin, the whole lot is getting cheaper. With fiat, the whole lot is getting costlier.
To the youthful crowd, bitcoin is twenty first century digital cash that shops their wealth, their life pressure/labor for many years. The greenback does that poorly. When bitcoin is your unit of account, we will inform everybody, together with different Bitcoiners, to be vigilant about how we body bitcoin. Right here is how I like to border it: bitcoin reached parity with the USD on February 9, 2011 and virtually 11 years later, “bitcoin is value 42,000 occasions greater than the U.S. greenback.” Or the buying energy of bitcoin is 42,000 occasions larger than USD in 11 years.
What are you most wanting ahead to within the Bitcoin area?
I used to be an affect investor earlier than moving into bitcoin and having this new digital asset permits me to have larger affect as an investor. One small instance: I put bitcoin on the steadiness sheet of three small farmers in 2021 and I plan to take action for a lot of extra in 2022. I wish to spend money on these initiatives that I wish to see succeed and thrive within the subsequent 5 to 50 years. I really like this quote from my sluggish cash days: For those who aren’t engaged on one thing that cannot be achieved in your lifetime, you’re not pondering large enough!
I’m enthusiastic about launching a well being and wellness firm known as Higher Approach Well being. The premise is the individuals who take full accountability for his or her wealth can even be extra inclined to do the identical for his or her well being. In fact, this firm will take pleasure in a aggressive benefit by protecting bitcoin on its steadiness sheet (our main treasury reserve asset) because of Michael Saylor and MicroStrategy.
There are some wonderful pure cures for coronary heart illness and COVID which might be virtually unknown in society. Or they’re ridiculed. Why? Comply with the incentives. We’ve got a illness care system that prefers sufferers generate money move to Large Farming, Large Pharma, Large Medication, Large Authorities and Large Meals. One instance, the primary killer within the U.S. is coronary heart illness. And you may reverse coronary heart illness utilizing the Pauling therapy protocol for underneath $5,000, as a substitute of bypass surgical procedure costing a whole lot of hundreds of {dollars}.
We’d like extra insurance coverage and wellness merchandise that can educate shoppers about twenty first century choices which might be cheap and shockingly more practical than something you get by way of our illness care system. Doctoryourself.com and Orthomolecular Information Service are two web sites which might be nice sources for many who wish to take full accountability for his or her well being.
I additionally stay up for LNP/BP changing into the best way to switch worth over the web. I’m anticipating it’s going to turn into virtually invisible to many individuals.
I additionally count on extra nation states and corporations will put bitcoin on their steadiness sheet. The world within the twenty first century wants sound cash they’ll belief. Our surroundings can’t take rather more abuse from our financial coverage and the consumptive way of life it breeds. I count on
Additionally, I am seeking to discover an illustrator and writers who wish to produce kids’s books about cash, well being and bitcoin. Begin educating younger individuals from 4 onward and we will remodel the world.
Worth prediction for the tip of 2021, and the tip of 2030?
One bitcoin will for positive be value 100 million satoshis. I do not know on a worth prediction, and speculating on worth solely reinforces the concept bitcoin is an funding.
To some, it’s clearly an funding. Nevertheless, what makes bitcoin unstoppable and a once-in-a-species invention is the group of people that consider it’s a superior type of cash. The bigger query is, will oil and vitality ever be priced in bitcoin? I feel the reply to that’s sure and on the fee we’re going, that might occur a lot prior to 2030.
The opposite thought I’ve about bitcoin worth requires you to tell apart between bitcoin the asset and Bitcoin the protocol/community. To my information, nobody has ever tried to worth the Bitcoin community. For my part, it’s value at the least an extra $400,000 per coin as a result of these new rails have by no means been hacked and are at the least 100% enchancment over SWIFT, which is the rails for the USD.
