Why I would have my mother put every penny of her investment in Bitcoin

Dan Masiello
2 min readApr 8, 2022

I mean this from the bottom of my heart, if I could, I would have every person that I love put every penny of their investment in Bitcoin. And it’s not for the opportunity of an insane return on investment, it’s because I truly believe there is no greater store of value for the long term nor safer place to hold their savings than in bitcoin and in a hardware wallet. I learned from my grandma that you should always have a good amount of cash stored in a safe as a backup. We all have seen the risk associated with leaving our savings in a bank that in an instant can refuse your withdrawal. So for a while I did have cash stashed away and I still do but then I found something that is even safer, and it’s bitcoin cold storage. With cold storage your money is in the safest safe ever invented. With cold storage the level of complexity and Security to corrupt these devices borderlines on near impossibility. Even if someone had a gun to your head there is still a way to have plausible deniability so even you can’t compromise your own security.

There’s a reason why bitcoin continues to thrive and is getting more attention every day. It’s because it’s innate properties as a store of value asset have not changed. It’s absolute scarcity, with a definitive cap of 21 million bitcoin supply. There will never be more. With its insane liquidity, the ability to move billions of dollars in minutes with true final settlement at any time of the day. It’s better than cash. It’s unprecedented security, the bitcoin code has never been changed and its proof of work concept that powers the network is the safest monetary network by a mile. This trustless network is built around verification and not trusted centralization. As well as its inability to confiscate and censor, the government can never seize it, it can never be controlled, governments can only decide whether they want to opt out of it.

The world is starting to see that this is the future of our financial system, we have been shown time and time again that we cannot trust men to run our financial system. They are corruptible and full of greed. The bitcoin network is a peoples’ network, trustless and verifiable. Buying bitcoin is like buying gold or land. It is an asset that will outlive everyone of us and bring our world into a new prosperous future.

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