How to Earn Money with Bitcoin - "Buy and Trade or Own Mining Rigs"

About this talk

A brief discussion on how to earn money with Bitcoin mining:

The beautiful thing about bitcoin is that it’s not investing, it’s saving. When you invest, you take the money you earned from your day job and invest it in assets like stocks and real estate in the hopes that you can turn a profit in the future by selling it. You have to take your money and buy assets with it, and your investments can turn out poorly. Saving is taking your earned money and simply saving it—not taking your bitcoin and investing into other assets hoping to make a return, but just letting it sit there and do nothing.

Saving in bitcoin is the best way to increase your purchasing power because of the hard-capped supply of 21 million BTC combined with its increasing user adoption. All you have to do is sit on bitcoin; there is absolutely no need to use your bitcoin to take on risk. As bitcoin was the best-performing asset of the last decade and is looking to be the best performing asset of this decade, one would be a fool to invest one’s bitcoin into other assets.

Bitcoin is not a giant bubble destined for $0; that is only something mainstream haters say when trying to discredit Bitcoin. Once you understand how the Bitcoin protocol works, you realize that there is little to no risk in using bitcoin as a savings vehicle. Its price fluctuations are just market participants reacting and have nothing to do with how Bitcoin is governed. Bitcoin goes through big booms and small bust cycles, eventually en route to infinity. Anyone buying or dollar cost averaging into bitcoin, making it their unit of account, is profiting. Get to the point where every time you stack more satoshis, you hit a new all time high, regardless of bitcoin’s current dollar price.

$$$$ - When you arrive at the event, please register with the Eventbrite/Facebook guest list for a special give-away."