Why I bitcoin

• All value derives from supply and demand.

• A decreasing amount of new supply paired with an increasing cost of production with continuous demand catalyst’s

• Open source

• A continued need (Demand) for a monetary instrument that CANNOT be debased or diluted with an influx of new supply from its creators (unlike fiat printing or a companies issuance of more shares).

• A digitally native, borderless, and decentralized value vehicle that moves faster than the speed of light

• True property ownership (your bitcoin is secured with your private key. That is yours and nobody cant take that from you. Unlike property, if you can’t pay your tax bill, that property is no longer yours.)

• Bitcoin is an open source protocol and not a business

Investing in Bitcoin

• Nearly all cryptocurrency when paired with BTC eventually trends to a value of 0. Stick to bitcoin and bitcoin only. Do not get roped into other cryptocurrencies commonly referred to as shitcoins. Bitcoin is an institutional grade asset. 99% of other cryptocurrency are simply shit made to sound cool and seem like superior technology. Bitcoin is the innovation behind blockchain, not the other way around.

• If you are new, use a reputable exchange or brokerage. River, Cash app, Coinbase are few for examples.

• Bitcoin Twitter (X) is absolutely incredible. You can learn from so many smart people in the space.

• Eventually you will want to take complete control and custody of your bitcoin. This is accomplished via something called a hardware wallet. The Blockstream Jade is a great example.

• Timing the market is tough. Time in the market is much more valuable with bitcoin. Patience is a virtue.

• Be able to stomach the volatility simple because you have a long time preference.

Why I mine Bitcoin

• Getting paid to secure the most valuable and resilient digital monetary network in the world

• A daily dollar cost average

• A push for eco-friendly and environmentally sound renewable energy production

Isn’t Bitcoin Mining bad for the environment?

Bitcoin utilizes a consensus method called proof of work simply known as mining. This is an energy intensive cryptographic security and verification method that allows bitcoin to operate with 100% up time as a fully decentralized peer to peer payment network. The cost of this global payment network is miniscule compared to overall energy consumption or environmentally harmful impact that other countries and industries have. In fact some argue bitcoin is good for the environment. We’re seeing gas and oil companies capture their flare gas they would otherwise release out into the environment and convert it into energy to mine bitcoin directly in the oil fields. Bitcoin is helping monetize stranded energy that would otherwise be harmful to the environment. Bitcoin also incentivizes cheap renewable energy as the cost of production of renewable energy is typically less expensive which equates to higher mining profits. Bitcoin is also helping stabilize power grids by utilizing excess energy (that can not be stored) and when power grids require this excess energy, bitcoin miners will shut down or throttle back operations to allow this energy to be distributed to the power grid in return for cheap energy from the power companies. Bitcoins energy usage partially reflects as a biproduct in the asset price due to its cost of production. Energy usage is not bad thing. It is part of human life. Washing machines use more energy than bitcoin. The only reason we are so sophisticated in our modern society is because of energy usage. Creating Money has to have a cost. If creating money were free, there would be a lot of it, It would be hyperinflated, and not derive any value from its scarcity.

Ultimately Bitcoin derives value from its scarcity via demand.