Bitcoin is Hmong Country?
Автор: Bitcoin Buddha
Загружено: 2023-01-25
Просмотров: 15
Описание: You can’t have a country without land. To live without a country and without land has plagued the minds of our Hmong people for generations. I want to make the argument that we can have our own land and our Hmong country within the Bitcoin space. The simple equation that is missing in our Hmong community today and throughout Hmong history is the concept of ownership. Listen to our parents tell the story of how poor we are because we don’t have a country of our own. Listen to our minds tell us that things are out of our reach because we don’t have anything. It all leads to the idea of ownership. Once you understand ownership, then you will understand that you can buy something today and sell that something in the future. Hopefully, buy low and sell high. This missing idea is what keeps us in the poverty cycle. Now if you believe my argument to be true, then your next question is what can I buy low and sell high in the future. An obvious answer is that you can buy real estate. But you can counter my answer and say that real estate is too expensive, it is out of your reach. Or you can argue that real estate has too many risks such as maintenance and tax risks. Stop paying your mortgage or property tax and that property is no longer yours. You only have $100. What can you do with $100? My answer is bitcoin. Bitcoin is the ultimate property you can own. Unlike real estate, bitcoin is like a business you can own with no employees to pay and no cost to maintain. There will only be 21 million of these bitcoins in the world to serve 8 billion people on this planet. This absolutely scarce thing we call bitcoin has for the past 14 years proven to have value because over 150 million people and growing each day around the world have determined the value of bitcoin by its current price.
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