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We hear this term "Scarcity" all the time.
Often in terms of Scarce and abundance mindset.
But what is ABSOLUTE SCARCITY ?
How does this tie in to building generational wealth ?
and where does #Bitcoin
fit in here.
- THREAD TIME -
Often in terms of Scarce and abundance mindset.
But what is ABSOLUTE SCARCITY ?
How does this tie in to building generational wealth ?
and where does #Bitcoin
fit in here. - THREAD TIME -
Let's define scarcity first of all.
Scarcity essentially means
- Shortage of supply
- Limited availability
- Can't get whenever and whatever amount you want.
Opposite of Scarcity is abundance meaning
"Bro I can get this anytime in any amount"
Scarcity essentially means
- Shortage of supply
- Limited availability
- Can't get whenever and whatever amount you want.
Opposite of Scarcity is abundance meaning
"Bro I can get this anytime in any amount"
Now that it's out of the way.
Scarcity and abundance works in opposite ways
When it comes to building wealth.
Mindset & Assets are cause and effect of wealth.
- Abundance Mindset
- Scarce Assets
Scarcity and abundance works in opposite ways
When it comes to building wealth.
Mindset & Assets are cause and effect of wealth.
- Abundance Mindset
- Scarce Assets
Most vehicles of wealth building involves investing in
- Stocks
- Bonds
- Commodities
- Precious Metals (Gold & Silver)
Scarcity drives the value of money.
However scarcity is measured in time allowed on earth.
- Stocks
- Bonds
- Commodities
- Precious Metals (Gold & Silver)
Scarcity drives the value of money.
However scarcity is measured in time allowed on earth.
If time is not a factor then it's a matter of improving technologies
that can raise and alter the scarcity as human life innovates.
Other words, you think gold is scarce,
I say - think Asteroid mining.
It has a believable scarcity because of time/$$/resources.
that can raise and alter the scarcity as human life innovates.
Other words, you think gold is scarce,
I say - think Asteroid mining.
It has a believable scarcity because of time/$$/resources.
This brings us to "ABSOLUTE SCARCITY"
Meaning where scarcity is known as a fact.
The only known scarce element is human TIME.
So time measured in abundant currency (FIAT) means
TIME and human LABOR lost.
This is where #Bitcoin comes into play
Meaning where scarcity is known as a fact.
The only known scarce element is human TIME.
So time measured in abundant currency (FIAT) means
TIME and human LABOR lost.
This is where #Bitcoin
comes into play
The only other entity which has ABSOLUTE SCARCITY is #Bitcoin
- 21 Million units
No matter what alien mining power is introduced to overtake humans,
It will NOT be able to mine #BTC at a faster rate.
#Bitcoin has ABSOLUTE SCARCITY set with a predictable time box.
- 21 Million units
No matter what alien mining power is introduced to overtake humans,
It will NOT be able to mine #BTC
at a faster rate. #Bitcoin
has ABSOLUTE SCARCITY set with a predictable time box.
Connect both of them together
TIME and BITCOIN
Human labor and value created are simply function of time captured.
The only way to save the fruits of your value costing ABSOLUTE SCARCE time
has to be in stored in an ABSOLUTE SCARCE currency.
TIME and BITCOIN
Human labor and value created are simply function of time captured.
The only way to save the fruits of your value costing ABSOLUTE SCARCE time
has to be in stored in an ABSOLUTE SCARCE currency.
This is why #Bitcoin is much more than = xxxxxUSD.
We all like the number go up where dopamine hits feel good
with our screens showing higher $$$ amount but it's much deeper
then that when you go down the rabbit hole.
is much more than = xxxxxUSD. We all like the number go up where dopamine hits feel good
with our screens showing higher $$$ amount but it's much deeper
then that when you go down the rabbit hole.
Interested in knowing more how to invest in #BTC ?
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Want to get more insights on
~ how to improve your finances,
~ make money investing,
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~ Bitcoin
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~ how to improve your finances,
~ make money investing,
~ learn about crypto, economics and
~ Bitcoin
Sign up to my newsletter: http://rajats.substack.com
That's it on absolute scarcity this time.
If you have come this far,
Thank You for reading.
What do you think ?
- Makes sense
- Absolute BS
- I don't f*cking care bro, when moon ?
Like and share if you enjoy this.
RT if you love it.
- Raj out.
If you have come this far,
Thank You for reading.
What do you think ?
- Makes sense
- Absolute BS
- I don't f*cking care bro, when moon ?
Like and share if you enjoy this.
RT if you love it.
- Raj out.
Bringing it to full circle with the first tweet. https://twitter.com/razyfired/status/1299081838691000323?s=20
The inspiration for this thread came from
@Breedlove22 podcast with @stephanlivera
Robert always drops
with uncanny insights on #Bitcoin as sound money.
Check his interview out.
@Breedlove22 podcast with @stephanlivera
Robert always drops
with uncanny insights on #Bitcoin as sound money.Check his interview out.
