Re: So... I just spent all my paper IOU notes. My life's savings!
Yup, I just spent the last of my fiat money. I am now fully solvent!!
In December 2013, I bought $4k of mining hardware and have about 4.5BTC as of this writing.
One day last week, I paid off my mortgage and spent the rest on gold. I figured those are better places for a constantly inflating currency to be invested rather than sitting in a <1% savings account or unpredictable stock market.
The interesting thing will be to see what the difference between gold and BTC will be. I picked up 3oz of gold for about $4,200. So it'll be interesting to see which will serve me better in the long run!
I know this is just a small drop in the bucket compared to some of you whales out there, but it's my little contribution to keeping my hard-earned money out of the banksters debt-slavery system.
(except all the gold and paper wallets, which are stored safely in a bank security vault lol)
In December 2013, I bought $4k of mining hardware and have about 4.5BTC as of this writing.
One day last week, I paid off my mortgage and spent the rest on gold. I figured those are better places for a constantly inflating currency to be invested rather than sitting in a <1% savings account or unpredictable stock market.
The interesting thing will be to see what the difference between gold and BTC will be. I picked up 3oz of gold for about $4,200. So it'll be interesting to see which will serve me better in the long run!
I know this is just a small drop in the bucket compared to some of you whales out there, but it's my little contribution to keeping my hard-earned money out of the banksters debt-slavery system.
(except all the gold and paper wallets, which are stored safely in a bank security vault lol)Just curious, I would you pay for your daily expenses? In your area, are you able to buy everything you need with bitcoins?