Bitcoin: The path to smaller goals

This article is very simple. It is a pragmatic reflection on a real problem: How to make 100 million yuan in a lifetime?

"100 million" is defined as a small goal, which should come from the famous interview quote of Wang, the richest man in China. "How" means method, approach, or path.

For some people, 100 million may not mean much. But for most readers, if they follow the rules, even if they work day and night, they may not be able to earn a small goal in their lifetime.

So a small goal is still a reasonable goal - if you are not too greedy. And its difficulty to achieve is not low for most ordinary people.

To accomplish this difficult task, we need to leverage the power of time to amplify it.

The best way for our generation to leverage the power of time is probably to stock up on cakes.

The big pie is the path to the small goals.

At the just-concluded 2022 Miami Bitcoin Conference, famous Silicon Valley investor Peter Thiel predicted that Bitcoin will increase 100 times in the future.

If we believe that Bitcoin can increase 100 times in the future, then as long as we stock up on Bitcoin worth 1 million now, it will be worth 100 million in the future, achieving the small goal at the beginning.

Based on today's price level of $40,000, 100 times would be $4 million.

When I wrote "A History of Bitcoin" on September 12, 2020 (when the price of Bitcoin was just over $10,000), I wrote (link) that if the value of SWIFT/CHIPS carried today is used to benchmark the future of Bitcoin, then one Bitcoin would have to be worth at least $3 million to meet demand.

At least when the price of Bitcoin was only $10,000, I believed that if Bitcoin succeeded, it should be able to reach at least $3 million, which is on the same order of magnitude as Peter Thiel's $4 million.

The problem is that many people don’t believe that Bitcoin can increase 100 times in the future.

I can only say that too many people have been brainwashed by the propaganda of altcoins. Telling you that Bitcoin cannot increase by a hundred times is just a trick to trick you into giving up Bitcoin and buying altcoins.

If you firmly believe that you will see the value of Bitcoin increase a hundredfold in your lifetime, then the impossibility of saving enough for one small goal will turn into another problem: how to stock up on Bitcoin worth 1 million as quickly as possible.

Or in other words, how to save 1 million now to invest in Pie.

For many ordinary people and ordinary friends, earning 1 million should not be an unattainable thing, but a problem within the reach of effort.

If 1 million is still difficult to achieve, then you can settle for the next best thing and reduce the target in proportion. For example, if you reduce the 100 million small target to 50 million, you only need to invest 500,000; if you reduce it to 20 million, you only need to invest 200,000.

If you are more capable of making money off the field, you can also enlarge small goals in proportion.

Li Ka-shing once said: To make a little money, anyone can work hard; to make big money, you have to rely on luck.

200,000, 500,000, 1 million are considered small money. 100 million, or even several hundred million, are big money.

What is fate? The fate of our generation is that when we were young and able to earn money, Bitcoin was born and was in its early dividend stage.

The so-called destiny is actually the overlap of eras, or in other words, the simultaneity of time.

Save 1 million, hoard bitcoins, and then quietly watch it turn into 100 million. 1 million x 100 = 100 million, this is the way to small goals. This way is Bitcoin.

I often quote Laozi's philosophy and say that Bitcoin is close to Tao. This Tao is not just empty philosophical talk. This Tao is the way to wealth. It is very practical.

This may be one of the few and relatively reliable opportunities for wealth transformation that we can see right now and that most people have the opportunity to grasp.

This is the unique destiny of our generation.

(Official account: Liu Jiaolian. Knowledge Planet: reply “Planet” to the official account)