Being a bitcoin enthusiast, I’m always considering the possibilities of what I can buy with my bitcoin and when. When I managed to accumulate enough bitcoin, I was presented with a variety of options I could choose from; I could use it to pay off a house, start a business, or just maintain enough to enjoy financial freedom.
When it comes to financial freedom, I understand the risks of fiat currencies losing their value over time. But that’s not enough to deter me from wanting to make more bitcoin. I’m content with outcomes 1 and 2, where bitcoin becomes widely accepted and increases in value, or even just increases in value without becoming a mainstream currency. Outcome 3, where bitcoin decreases in value over time, is not something I’m willing to accept.
I’m continuing to trade and buy little bits here and there in order to build my bitcoin funds, and I’m also happy to take advantage of new opportunities like stablecoin. I’m aware that I’ll still have to pay property taxes on the house even if I manage to pay it off with bitcoin, but it’s a risk I’m willing to take. Ultimately, I’m looking to become financially free and make the most out of my bitcoin.