Welcome to 2021 and $30k bitcoin! I've been pumping the bitcoin rocket ship for so long that I'm lost for words now that we've reached escape velocity.
In outer space that means smooth sailing, but the reality here on earth means extreme volatility. If you haven't bought yet, or you're looking to add on, the only strategy left is to keep averaging in, keep buying dips, hodl on tight and try not to beat yourself up if things don't immediately go according to plan. We still have a long ride before reaching the moon.
Discussing price and how to invest is important, but I've always been more interested in using crypto, not just investing. We can do both.
The idea of "being my own bank" is what initially attracted me to bitcoin. It's the reason Satoshi invented it. I've been using crypto as my personal bank and to run my businesses since 2013, but there's always been a few gaps, things I needed banks for, especially when it came to interfacing with the legacy financial system.
However, in the past couple years the bridges have been built. The gaps have been filled. Today you can safely and securely Be Your Own Bank - BYOB. A crypto bank that's fully interoperable with the legacy financial system.
Security, privacy, storage, payments, income, investing, tracking and monitoring. It's all achievable, and mostly trustless and permissionless.
For the past few years I've experimented with every piece of the puzzle, but all this tinkering resulted in a tornado of crap everywhere. Private keys, wallets, software, accounts, notes, charts, transactions, money all over the place.
To BYOB, you need to think and act like a bank - for they are the competition. But more importantly, the stronger your foundation, the more you can buidl on top of it.
My goal for 2021 is to take being my own bank seriously. I'm going to map out my BYOB Playbook and share it with you as I go. I hope you'll join me in becoming your own bank this year. 2021 is going to be epic!
To the moon 🚀 — @GΞR฿Z Founder & Creator @ BitLift