Quote from: Hanadawa on May 25, 2025, 04:20:19 AM

Quote from: Swordsoffreedom on May 25, 2025, 02:26:41 AM

Quote from: Ever-young on May 23, 2025, 11:03:58 PM

Quote from: m2017 on May 23, 2025, 05:04:01 PM

But only bitcoin remains your loyal assistant in any difficult moment (In any point of the world. This is a unique phenomenon, which has no analogues). Even after many years. Especially, after many years. Only bitcoin remains a real "loyal" friend.

As ironic as it may sound, but that's exactly how it turns out. All you can rely on is bitcoin. Not a bank account, not a pension, not your wife or children. Just don't forget the seed phrase, because it can be your "lifeline" at the last moment, when there is no help left to come from.

Your wife can disappoint and betray you when you need her the most, your children can choose their new family over you when you might need them the most, your friends might get tired of you and move on if they consider you to be a problem to them, your bank can decide not to give you your money when you want to make use of it as they can come up with any excuse, but as long as you store your bitcoin in a self custody wallet and have access to your private key you don’t have anything to worry about, with internet access you can save yourself from any financial situation which the money you have their can solve.

What you two are saying sounds like bitcoin is the only savior in this world and there is no one more trustworthy. Should we give up everything in life like religion, relatives, banks, friends...and put our trust only in bitcoin? LOL
In this case, it was he who saved himself, not bitcoin. Because if he doesn't hold bitcoins but instead has some money in the bank or any valuable asset, that could save him too.
After all: bitcoin is just a financial instrument and we can only own it if we have money, Bitcoin is not free. Meanwhile, parents, wife, children or friends will be ready to help even when we are in dire straits. We can't assume that everyone in the world is as bad as this guy's relatives , this is just a rare case.

I think talking about assets and relationships is a different story. I agree with the fact that our closest ones can still leave us. Your wife can leave you if she no longer has an emotional bond. Your daughter can leave you because she has a partner. And your son can leave you because he has his own life. But that is in the scope of social relationships. I mean a person can choose to be an individualist or get into a relationship with someone else and start a family. And talking about assets I think the important point here is that you should have your own assets or money that can help you when you are in a difficult situation. And it doesn't have to be Bitcoin. But you should make sure that it is not a joint property with your wife (in the case mentioned by OP). And yes Bitcoin is one of the options. If we talk about blocked bank accounts or stolen property I think it is very unlikely. But still provide a place in your finances to store your assets in the form of Bitcoin in a cold wallet because it cannot be intervened by anyone.

I think "all you can rely on is bitcoin" is a step too far.

You have your self, your intelligence, your talents. Remember Matthew 6:21, "where your treasure is, there your heart will be also", and prioritize accordingly. There will be rough patches, sure, but bitcoin is simply a tool.

eb66

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