Lesson 01 | Bitcoin is the Key
Hey Mama!
Welcome to Lesson 01.
I'm assuming you are here because you are thinking about how you are going to add to your family's future.
Or you're a single mom and working two jobs is incredibly hectic. Or you want to be able to travel more, or you just want to be able to pay the bills without stressing.
For me it was not wanting to job hunt, sit in an office and make someone else wealthy. I also haven't been working for the past ten years as I've been raising my two stunning kids. But I knew I couldn't just keep doing that indefinitely. I could see the weight of our financial future lay heavy on my husband and I wanted to help and be a part of changing our family's life for ever.
I've been taking that responsibility on and been looking at what trading is, what Bitcoin is, understanding how to manage our own financial portfolio and working on building that. Many believe Bitcoin could act as a long-term hedge against inflation due to its limited supply, but it's important to remember that it's still a volatile asset.
Have you ever even thought of being able to take control of your finances and actually, without working 8-10 hours a day, create generational wealth. Did you know that in todays age, that is completely doable. You are about to learn a skill that in the future your children and their children will learn and it will be all thanks to you. For stepping into something out of your comfort zone, but doing it for them every step of the way.
Ok ''soap box'' over. Let's start at the very beginning. Let's talk about how we are able to do all of this now and how Bitcoin became the catalyst for this all.
What is Bitcoin, Anyway?
More and more people are seeing Bitcoin as digital gold. You've heard that narrative before right, but what does it actually mean? I didn't really pay attention to history lessons much, but I do remember hearing about a gold rush and in later years seeing the impact of that wealth flowing back into society years later. That is what Bitcoin is. It's the gold everyone is finding, except that waaaay more people have access to this so called gold and we are still early in this finding. Below is a chart that shows you the value of GOLD vs BITCOIN. A few things to notice that helps us understand the value of Bitcoin:
Well, firstly you will see that BTC from 2010 - 2025 has gone up over 1m%. Let me do the math for you… if you bought $100 of BTC in 2010 and just left it, you would have $3 500,000,000 now. That is $3,5 Billion. If you bought the same amount in GOLD you would have $250. As you can see, Bitcoin as seen astronomical growth since its inception.
Do you see how this digital asset is growing and being adopted by major companies and investors. If they can see the value in this asset then surely we need to be hopping on this gravy train and making the most of this opportunity. For me I don't want to later on in life have to go to companies buy BTC at a premium from them. I want to be in charge of my future and set my family up to be able to live in this modern, fast moving world of crypto currency.
The reason why we need to pay attention to this, has to do with what is happening in the market and world right now. We're all feeling the pinch of rising prices (inflation) and seeing the value of our savings dwindle. Bitcoin offers a potential solution.
Here's why:
- Limited Supply: Unlike traditional money, where governments can print more whenever they want (which devalues the money you already have), Bitcoin has a fixed supply. Only 21 million Bitcoins will ever exist. This scarcity is a key factor in its potential to hold and increase its value.
- Taking Control of Your Finances: Bitcoin puts you in the driver's seat. You're not relying on banks or governments to manage your money. You have direct control. so with the right knowledge and understanding of this you can turn things around and secure your future.
- Potential for Future Innovation: The technology behind Bitcoin (blockchain) has the potential to revolutionize various industries beyond finance, such as supply chain management, voting systems, and digital identity.
- Growing Adoption: More and more businesses and institutions are starting to accept Bitcoin as a form of payment, indicating growing mainstream adoption.
Here are a few terms that you will hear a lot, so let's break them down. These are important to understand as they have to do with the security of your money and how you plan to run your portfolio.
Decentralization: No One's in Charge (Just Like Gold!)Remember gold? No single country controls it. It's found in the earth and traded globally. Bitcoin is similar. It's decentralized, meaning no single entity (like a government or bank) is in control. This is huge because it prevents anyone from manipulating its value by printing more. While Bitcoin itself is designed to be decentralized, it's important to be aware of centralized aspects within the broader crypto world.
Centralization: (Like a Traditional Bank or Exchange) Imagine you're organizing a bake sale with one big table. You collect all the money, keep track of sales, and distribute the earnings. This is like a centralized exchange (like Coinbase or Binance). It's convenient, organized, and (hopefully) safe. But if you make a mistake, lose the money, or can't make it to the bake sale, everyone is affected. Centralization is a problem because it puts power back in the hands of a few, which goes against the whole point of crypto.
Here's why it's a concern:
- Control: When a single company or group has too much control, they can censor transactions or change the rules.
- Risk: If that central point fails (like a hack or going out of business), everyone using it can lose their money.
- Not Transparent: It can be hard to know what's really going on behind the scenes when things are centralized.
Basically, centralization in crypto creates some of the same problems we wanted to escape from in the traditional financial system.
Immutable Energy: Value That Sticks
Bitcoin is sometimes also called "immutable energy." Think of it like baking a cake. You use ingredients (energy) and a recipe (the Bitcoin code). Once baked, the cake can't be easily unbaked. The energy is "baked in." Similarly, the energy used to create Bitcoin is "locked in," making it very secure and difficult to change or fake. This 'baked in' energy is what makes Bitcoin transactions secure and trustworthy.
HODL: Patience is Key
In the Bitcoin world, we use the term "HODL" (originally a typo for "hold"). It means holding onto your Bitcoin for the long term, even when the price goes up and down. Think of it like planting a tree. You don't expect it to become a giant oak overnight. You nurture it and wait. HODLing is about believing in Bitcoin's long-term potential.
Why This Matters for You, Mama?
As moms, we're always planning for the future. Bitcoin offers a potential way to:
- Protect your savings from inflation: Because of its limited supply, Bitcoin can act as a hedge against rising prices.
- Take control of your finances: You're not relying on third parties to manage your money.
- Build a legacy for your children: Bitcoin could be a valuable asset to pass on to future generations.
Join the Moms' Bitcoin Movement!
Learning about Bitcoin can seem overwhelming, but it doesn't have to be. We're building a community of moms who are learning about this exciting technology together. We explain things simply, in a way that makes sense for busy moms.
If you're ready to take control of your financial future and learn more about Bitcoin, join our community! [https://bit.ly/m/momswhotrade]
Additionally I have left you a link here that dives deeper into understanding Bitcoin. This documentary really spells it out and helped me fully grasp what I'm getting into. Feel free to grab some wine, put the kids in bed (maybe first bed then wine HA! and have your mind blown.)
#Bitcoin #Crypto #MomsWhoTrade #HODL #FinancialFreedom #Inflation #DecentralizedFinance