Sovereign Individuals HODL Bitcoin

Sovereign Individuals HODL Bitcoin
Photo by Bermix Studio / Unsplash

I used to be such a skeptic of Bitcoin... that was until I decided to drop my cognitive dissonance and do some research into it.

I was surprised to discover fundamental principles about Fiat (government-issued currency) that I wish I knew when I was first educated on how to save my pocket money as a young-in.

Like many, before doing any research or self-education into the subject I had a negative opinion of Bitcoin when all I knew was that of mainstream articles and video segments on the news, but also... we are afraid of things we don't know.

Terminology like 'cryptocurrencies, bitcoin, and blockchain technology' were all very daunting and kept me gripped with frustration and fear of the unknown.

The field of finance and economics were daunting elephants in their own right, and I didn't have the patience, nor the interest to jump down these rabbit holes. 🕳🐇

As the sentiment in the Bitcoin community goes - 10 hours of research into Bitcoin you start to scratch the surface of what Bitcoin is really about.

My firm anti-bitcoin opinion was cracked open when I saw the link to this YouTube video on Chef Pete Evan's Telegram Channel...

Robert Breedlove - Bitcoin and the History of Money

... I stopped what I was doing, played it on the TV at home, and well, I was hooked!

So much so, that I sat my parents down when they came home and said, we're going to watch this.

A 2-hour and 8-minute masterclass on how Fiat money works and how Bitcoin fixes a lot of things, and I watched it twice in one day!

I have sent this particular interview to so many people with whom the topic of Bitcoin or cryptocurrency comes up.

What most intrigued me about Bitcoin was that it is a fixed asset, it wasn't subjected to censorship (when stored correctly) and it is un-confiscatable (again when stored correctly). My trust in the banking system plummeted when the vax mandates came through in September of 2021.

I could see the writing on the wall - no jab, no job, would become no jab, no access to my bank account. This happened with the protests in Canada with the truckers in February of this year - the Trudeau government and banks coordinated to freeze the accounts of the truckers protesting for the rights of their bodily autonomy.

So I made quick work of finding an alternative to preserving the little savings I had.

Now that I had swallowed the Orange Pill... with my hunger and curiosity peaked, I started researching, listening to podcasts, buying books, and signing up to different exchanges to get my hands on some Bitcoin.

The more I read and listened to in my early learning of Bitcoin and Fiat, the more I saw Bitcoin as THE way out of the debt-slave matrix we were born into without even knowing it!

Granted, I don't have all the answers, I am still in the beginner phase of my education and understanding, having only 70-odd hours of Bitcoin education under my belt.

But the more I learn, the more I become obsessed with this non-physical asset as a means to preserve wealth and help us usher in the Age of Abundance.

Perspective. Long term. Bigger Picture.

I fully believe that once Bitcoin possession for the every-man reaches its critical mass, the earth and its inhabitants will witness the fullness of creative potential and peace on earth as we've never known it.

To no longer be subjected to our governments holding the arbitrary power to add to the money pool, further spending money that doesn't exist while digging our countries into deeper debt, and for our life's earnings to actually hold eternal value are just a few examples of what Bitcoin offers.

'Annie, that's quite a bold prediction you're making! Based on what evidence can you say this?' - well, this is a revelation I have come to about Bitcoin's potential for our financial sovereignty just by scratching the surface during my brief time in the study of Bitcoin.

You see, no one is in possession of all the Bitcoin, no billionaire philanthropist (although I'm sure they've bought some, while publically spreading hate of Bitcoin to spook and manipulate, as always), no government... not even Satoshi Nakamoto who discovered Bitcoin has total control of the Bitcoin supply.

There will always only ever be 21 million Bitcoin, and about 3 million forever be lost because of those who forgot their seed phrases (24-word password) to protect their Bitcoin from theft.

Ioni Appelberg - Bitcoin: Everything there is, divided by 21 million

Resources


Okay, so now I'm going to share with you some resources to get you started on your Fiat & Bitcoin education - this is where I started (bear in mind, I'm an auditory learner so the majority of these resources will be in video or audio format)...

Books, Blogs & Websites:

  1. Bitcoin White Paper - Bitcoin: A Peer-to-Peer Electronic Cash System
  2. The Bitcoin Standard: The Decentralized Alternative to Central Banking - Saifedean Ammous (available on Amazon)
  3. The Sovereign Individual: Mastering The Transitioning to the Information Age - James Dale Davidson & Lord William Rees-Mogg (available as hardcopy or audiobook)
  4. Derdigi's open letter to friends and family provides a comprehensive explanation of Bitcoin to those who know nothing about it.
  5. Not Your Keys, Not Your Bitcoin is a website that educates on mitigating the risk of hacking and theft of your Bitcoin by using self-custodial wallets.
  6. The Fiat Standard: The Debt Slavery Alternative to Human Civilization - Saifedean Ammous writes about government-issued currency with the point of view to convince the reader to adopt as he did when he wrote The Bitcoin Standard... Spoiler alert: no one would adopt Fiat given the choice. (available on Amazon)

Video:

  1. Ioni Appelberg uploads brief and impactful videos on Bitcoin and how it works
  2. Robert Breedlove's YouTube channel, 'What is Money Show'
  3. Saifedean Ammous YouTube channel
  4. Any Michael Saylor interview - this man knows History SO WELL and dedicates much to humanity by educating people on the significance of Bitcoin. My mind is blown by every podcast of his I listen to. This is Michael's website dedicated to Bitcoin
  5. Michael Saylor's Four Quadrant Model
  6. A great segment from the Bitcoin Conference 2022 - North Korean Defector Yeonmi Park Explains How Bitcoin Leads to Freedom - link here
CBDC - Central Bank Digital Currency

In closing, I feel strongly that in the times we are coming into, responsibility and awareness will rest solely on anyone who cares about or has money.

No one will escape the harsh reality of the paper monopoly money system we're obliged to be a part of... in fact many have already been badly affected by inflation that has hurt the pockets of middle-class families when it comes to paying for fuel and food.

This is only going to get worse, and finding an escape is imperative. The answer, the escape you're looking for is Bitcoin - now go and spend your time studying why it is the answer.

If this blog post has given you some food for thought about doing some more research into Bitcoin, then my work here is done.

Now, my friends go forth and educate yourself on Bitcoin possession, then Buy. Stack. HODL. Repeat.


*Disclaimer: The information in this website and the links provided are for general information only and should not be taken as constituting professional advice. Annie Catterall is not a financial adviser. You should consider seeking independent legal, financial, taxation, or other advice to check how the website information relates to your unique circumstances.


Got questions or need help?

Feel free to email me at anniecatterall@icloud.com if you're in need of support or have any questions.