Hi Denizens, welcome back.
I'd Like to tell you the story of the Million Dollar Moped
I want to tell you all a story about the 1 million dollar (US) Moped…..
A lot of people have heard this moped story, but here’s the math on it.
In 2016 a man needed $5,000 to pay his wife’s master’s degree school tuition. He didn’t have the $5,000 in cash at the time, but he did have bitcoin.
Bitcoin was trading at roughly $500, so he would have had to sell 10 bitcoin in order to pay his wife’s tuition. He didn’t want to do that so he sold his car instead for $5,500.
He took $500 of that, bought a shitty moped, and used the rest to pay his wife’s tuition. So he rode the moped around the rest of that year and everyone around him made fun of him. Usually he’d play this part of the story up, but to be honest, the reality is that it didn’t bother him.
Most of the people making fun of him were poorer than he was, they didn’t understand bitcoin, the market, how money works, or even basic budgeting.
When people would made fun of him, he would tell them why he was doing what he was doing. Next, he would start prepping them with questions about their financial life.
“Oh so you financed your refrigerator? You’re still paying that off huh?”
“You’re financing your car, the 5th one in 10 years? How much money does that come to again?”
“You have a timeshare you’ve never been to? How’d you get talked into that?”
People would generally ingnor or dismiss him. Those who didn’t would often go from laughing at him riding that ridiculous moped, to feeling shell shocked after he popped their bubble of comfortable delusion.
Still he drove the moped and everyone thought he was being weird, ridiculous,, daft ,and silly
Fast forward to 2024. At 100k, his decision is now worth 1 million dollars, well, 1 million 50 thousand to be exact.
In time, it will then be worth 10 million.
And at 10 million, in time, it will then be a nine figure decision.
…….100 million dollars…….
You see, He only rode that stupid moped for 8 months total.
So ask yourself? Would you face 8 months of sacrifice and ridicule for a potential 100 million dollar (US) future?
After all, there are things you could be doing today that would generate that for future you.
The moral of the story advice is for you to have your own moped moment.
Do something a little weird/cringe/out there in order to stack more sats and then check in on the sats in 10-15 years.
I think you’re going to be happy with the results.
FREQUENTLY ASKED QUESTIONS.
Direct control and manipulation of the money supply (M2) by A Central Bank.
Government spending (Theft) and taxation (Extortion).
Simply when they can no longer function together in order to achieve their intended goal. Its like when the break pedal suddenly starts acting like the gas pedal.
**Disclaimer**
Cryptocurrencies and ICOs are all the rage these days, with everyone from celebrities to your next door neighbor looking to get in on the action. However, it’s important to remember that investing in cryptocurrencies and ICOs is highly risky and speculative. The prices of these assets can be incredibly volatile, and there’s no guarantee that you’ll make any money by investing in them. In fact, you could easily lose everything that you put into them. So if you’re thinking about investing in cryptocurrencies or ICOs, make sure that you understand the risks involved and only invest what you can afford to lose.