I first bought Bitcoin in 2017 but didn’t become fully “orange-pilled” until 2020. When the money printer went BRR, I bought BTC. After studying libertarian philosophy and Austrian economics, I was very much anti Federal Reserve and their policy of money printing, which debases the value of the currency. I and anyone who holds dollars is punished for saving because savings lose value due to inflation. This was why Bitcoin was created, to preserve the value of people's money—because Bitcoin has a fixed supply and cannot be inflated. That's why I went all in on Bitcoin in 2020, and why my net worth (in BTC) has increased during the recent years of inflation.
I invested my savings, and because I made some good choices in the stock market (like Tesla and Palantir), plus the continued rise of Bitcoin, my net worth has skyrocketed much higher than it would have from simply saving money over the past five years, even without inflation. The government's reckless policy of continually printing money has actually benefited me because I've been able to outsmart them by investing in Bitcoin and good companies, the values of which have outgrown the inflation rate. So at this point, it’s actually good the more the government prints money—because that inflates not only the prices of goods and services, but also the prices of stocks and Bitcoin.
Inflation is generally bad for most people—unless they are invested in things that outpace inflation (which I am). So rather than complaining about how dumb the government is in their reckless fiscal policies (which they are), if you're smarter than the dumb politicians, you can take advantage of their poor policies and capitalize on them. Which is what I've done with tech stocks and Bitcoin.
So at this point I actually *want* the government to continue printing money and raising inflation because I'm smart enough to allocate my capital to profit from that inflation—which is something all the savvy Wall Street investors have always been doing. If you can't beat them, join them.
This is why I am so surprised Elon Musk is so upset about Trump’s “Big Beautiful Bill.” I mean, I understand *why* he is upset—I don’t like increasing the national debt and government spending either, especially after all the work he did with DOGE. But the more DOGE (the gov agency) fails, the more DOGE (the crypto memecoin) wins. And the more Tesla’s stock price wins—and SpaceX and xAI. And Bitcoin.
No one is poised to benefit from DOGE’s failures more than the Dogefather himself, Elon Musk. Of course the debt and spending cannot escalate forever. The Federal Ponzi scheme will eventually collapse. But Elon can use the money printer to his advantage until then, inflating the value of Tesla and SpaceX, so that he can be on Mars with million-dollar Bitcoins by the time the ultimate USD bill comes due.
hiveblocks