something that seems to have really grown is this idea that you stack as much Bitcoin as you can,
but you never ever spend any of it.
And what you do is you borrow against it and you continue to do so.
So it's the buy, borrow, die strategy.
And I made a video about this maybe a couple of months ago,
And I got a lot of interaction and feedback, let's just say, about this because, you know, I wanted to point out the significant downsides of the buy, borrow, die strategy.
But I still see it popping up like mushrooms everywhere.
What do you think about that?
Of course.
I mean, these are all part of the, I call them the attacks on Bitcoin.
All of these carrots that are being dangled in front of people is really, in my opinion, to eventually separate them from their coins.
Remember, Bitcoin was money.
It was created to restore abundance and freedom to every individual.
It is the separation of money and state.
You don't want to give up that pristine asset for worthless paper.
because once you do that, first of all, you have to understand what the terms of these platforms are.
Even if the people who create them are not bad-intentioned, what people don't realize is that these well-intentioned people
are playing on a chessboard whose rules they don't control.
And these rules are manipulated all the time by people with very bad intentions So inevitably at some point those well people
and everybody who's jumped on board are going to get screwed completely.
And this is what we saw recently when Bitcoin hit an all-time high of 126K
and then dropped to 100 within hours.
Does that seem organic to you?
Of course not.
This is man-made, right?
And so they create these crashes.
People freak out.
They become their own worst self-fulfilling prophecy because they think everything's going to zero.
And so they sell and that cascading effect keeps going down.
So if you're implicated in a platform where you're providing your Bitcoin and you don't have more Bitcoin to back it up, well, now you're going to get margin called.
And because sometimes it happens so fast, some people lose their Bitcoin.
They're sleeping.
They don't know what's happening.
They wake up the next morning to a balance of zero.
All of these carrots are counterparty risks that no one needs.
I never recommend them, right?
Because Bitcoin is the money.
If you can't afford something, and I know some people are going to hate me for this, but don't buy it.
Living on debt is a lie that we've been fed in the fiat system.
If you can't afford something, wait until you can then buy it risk-free.
Don't give up your pristine assets for worthless paper and then put yourself in a situation
where they're going to wipe you out.
So the more people use these services the more relevancy they give to that fiat world they extend its lifeline You want to end that lifeline Bitcoin is money Use it as money Pay people who accept it
Incentivize folks to accept it. And believe me, there's a ton of merchants that have started to
adopt Bitcoin as money every single day. You have big chains in Europe, supermarket chains. You've
got Square that just made it a default setting for 4 million merchants. You've got all these
big boys now that are integrating Bitcoin payments in their everyday business by default.
This is where the signal is because remember, Bitcoin is money, but it's also a protocol.
This is a whole new universe being built on something that no living soul can screw up
anymore, right? Like you can't. It's rules without rulers. It's protected by math and cryptography.
Not you, not me, not any president or any politician or anyone else can do or say or write
or anything under the sun to affect the way Bitcoin works. That's how powerful it is. And of course,
that threatens all systems that have been used to power, greed, manipulation, and et cetera,
et cetera. So stay away from all of these counterparty risks.
Once you move into sound money, you keep moving.
Like, you know, when you move away from a bad relationship, you don't look back
anymore. You just keep moving.
If you go to a restaurant and you get food poisoning once twice three four times stop going to that bloody restaurant You know go somewhere else The fiat system is nothing but bad news It a system that fuels evil corruption manipulation
and every bloody bad adjective you can think of, put it in that sentence.
If you no longer want to be part of that world or indirectly contributing to it,
you have got to opt out of it.
And right now, we have that solution, and it's called Bitcoin.
And unfortunately, the wrong people, those that have been involved in that bad system, understand this.
So while they dangle all these carrots for, you know, the ignorant folks out there, they are accumulating it because they know this is where the puck is headed.
So instead of sound money reaching 8.3 billion individuals, we are seeing individuals foolishly give up their coins to the same people that have destroyed and wrecked their lives.
This is what's upsetting, you know, when I read the news lately, right? Because I see this happening and it has to end at some point. How it ends is anybody's guess. But a lot of education, a lot of guidance, a lot of patience, a lot of handholding is required.
And we do what we can here at the Bitcoin Way in order to alleviate, you know, the anxiety and all these hurdles.
Like we literally handhold everyone from point A to point B.
You cannot get this wrong, right?
I mean, we train you.
We follow up with you.
We babysit you.
You're part of a community.
You're not on your own anymore.
You're part of something really, you know, incredible.
Right.
Thank you.