Dave Ramsey doesn’t understand what decentralized or cold storage means based on this video. Therefore, he doesn’t understand Bitcoin.
Get out of debt and have an emergency fund, sure. But don’t let him fool you into thinking that he knows what he’s talking about when it comes to Bitcoin.
Study Bitcoin. Learn that “some nerd” can’t just turn it off.
Bitcoin is up 194% since Dave Ramsey said “what if a computer nerd flips a switch and poof it’s gone.”
Here’s a quick (3-minute) video on how Bitcoin works.
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If you haven’t read any books about Bitcoin, we recommend The Little Bitcoin Book – https://a.co/d/08O4jwP9 – At only 99 pages, it’s a quick and helpful read.
https://www.linkedin.com/posts/jasonweed_if-you-havent-read-any-books-about-bitcoin-ugcPost-7427023264721465344-Dwd6?utm_source=share&utm_medium=member_desktop&rcm=ACoAAALDW6EBxX9gfPpNXLohpzgrZ6QndXsOHAE/
Bitcoin food for thought…
Last cycle, it took 72 days to get from the peak to the bull run 50%.
This cycle it’s taken 122 days from the peak to 50%.
Just something to think about./
