00:02 Hey everyone. Someone asked me, “What
00:04 are the benefits of investing in
00:06 Bitcoin? If you only have $5 or $10 per
00:10 week to invest in Bitcoin, what are
00:12 there advantages to doing that? How
00:13 should you think about that and all of
00:14 that?” So, first of all, there is
00:16 absolutely a huge benefit to investing
00:19 in anything if you do it regularly. Um,
00:22 so even, you know, $5 or $10 a week
00:25 really, really adds up over time, like a
00:28 lot. Um, for example, I’ve uh, you know,
00:31 there’s people that I gave free Bitcoin
00:32 to 7 months ago, and you know, at the
00:35 time they were like, “Well, I’m not
00:37 going to invest any more in Bitcoin
00:38 other than just, you know, the free
00:40 Bitcoin I got because I only have5 or
00:42 $10 a week.” Well, if the if you put $5
00:46 a week in times 7 months times four
00:49 weeks in a month, that’s a lot of money.
00:51 If you put $10 a week in times four
00:55 weeks times 7 months, you look back and
00:58 you’re like, “That’s a lot of money.”
01:00 So, the benefit of investing is
01:02 consistency. Um, money compounds just
01:07 the same way your money disappears if
01:09 you spend an extra$5 or $10 a week. The
01:12 same is true, your money expands if you
01:15 save5 or $10 a week. Now, the problem
01:17 with saving in fiat currencies like the
01:20 US dollar is the dollar is losing value.
01:22 So, you’re always sort of sliding
01:24 backwards on the conveyor belt while
01:26 you’re trying to climb your way
01:27 forwards. Bitcoin is the opposite.
01:30 You’ve got a tailwind, not a headwind.
01:32 Which means as you’re saving5 or $10 a
01:34 week, um you’ve got the tailwind of the
01:37 value of everything you’re saving over
01:40 time. It goes up and down on its way up,
01:42 but over time it marches forward, which
01:45 is just a huge deal. Which means at the
01:47 end of saving $10 uh a week, which is
01:51 $40 a month, times 7 months, which is 4*
01:55 7 is 28. So that’d be $280, I think, if
01:58 I’m doing the math right. Um, you know,
02:01 28 weeks at $10 a week is uh, you know,
02:04 uh, $280.
02:05 Then if Bitcoin goes up in that time
02:08 span, another 20, 30, 40, 50%, well,
02:12 there you go. you’re talking real money
02:14 relatively quickly. Um, so there’s a
02:17 huge benefit to consistency. There’s a
02:19 huge benefit to anything that is
02:22 investing that is on autopilot because
02:24 it just keeps accumulating. Um, it’s a
02:27 concept I like to call put getting time
02:29 on your side. If you’re investing5 or
02:31 $10 per week, then every week that
02:33 passes, you’ve saved and invested in
02:35 Bitcoin$5 or $10. If you are not
02:38 investing $5 or $10 a week, then every
02:41 week that goes by, you’re falling
02:43 farther behind. So, anything in your
02:45 life that you can do that involves time
02:49 getting you closer to your objectives
02:52 rather than time getting you farther
02:54 from your objectives is something you
02:55 ought to do. Also, before I forget, you
02:57 can get recurring buys with no fees on
02:59 River. So if you set up a recurring buy
03:02 for $10 a week on River, you pay the one
03:05 the 1% fee on the very first
03:07 transaction, which is what 10 cents on
03:09 $10. So you pay, you know, a small
03:12 transaction fee on the first
03:14 transaction, but there are no fees after
03:17 the first week. So you can set up a
03:19 recurring buy and a year later, you’ve
03:22 paid fees on the first of those 52
03:25 investments. Uh, and the other ones you
03:28 got zero fees and you’re, you know, your
03:30 balance just accumulates. And as you get
03:33 more comfortable with Bitcoin, as you
03:34 learn more, as you see, uh, the power of
03:37 sound money to increase your wealth,
03:40 hopefully you’ll find ways to invest
03:42 $15, $20, $30, $50 a week, something
03:45 like that. Um, so it grows. It grows.
03:48 Not only does it grow with time, but as
03:50 your conviction grows and as you see the
03:51 power of a money that goes up in value
03:53 versus down, hopefully it’s an
03:55 opportunity to then also increase uh the
03:58 amount that you’re committed committing.
04:00 And again, um you have the ability to do
04:03 that with no fees after the first week
04:05 on River. Uh back to an example of
04:08 getting time on your side. So, my wife
04:10 uh applied and got into a remote program
04:13 at Georgetown University uh last year to
04:15 become a nurse midwife and a nurse
04:18 practitioner. She wants to deliver
04:20 babies in a hospital environment as a
04:23 nurse midwife. Uh and it’s like her
04:26 lifelong dream and our kids are finally
04:27 old enough that she can do that. We have
04:29 the financial means uh to support that
04:32 and we’re in a great place to do that,
04:33 but the school is really hard. But
04:36 because she enrolled and started classes
04:38 with a full-time load, because of that,
04:42 every week that goes by, she is closer
04:44 to her objectives. If she had decided to
04:47 not enroll, to wait another year, to
04:50 wait another semester, to wait another
04:52 five years, every week that goes by, she
04:56 is a week farther away from her
04:58 objectives. But now that she’s in grad
05:00 school, every week that goes by, she is
05:03 one week closer to her objectives. So
05:06 investing works the same way. No matter
05:08 what your investing objectives are, if
05:11 you have that recurring investment on
05:14 autopilot, every week that goes by, you
05:17 are closer to your objectives. every
05:20 week that goes by that you don’t set up
05:22 a recurring purchase of Bitcoin is a
05:25 week that you are farther from your
05:28 objectives. So, um uh it’s simple. I
05:31 mean, uh go on River, set up a recurring
05:34 buy, set the maximum amount you feel
05:37 comfortable that can be sucked out of
05:39 your bank account and converted to
05:40 Bitcoin every single week, and just put
05:43 that thing on autopilot and then live
05:45 within your means. Earn as much as you
05:47 can. Create as much value for the world
05:49 as you can, which is how you make money.
05:51 You make money by creating value for the
05:53 world. And when you get a paycheck, that
05:55 is because the world is rewarding you
05:58 for the value you are creating in the
05:60 form of money. And the best money in the
06:02 entire world is Bitcoin. It is the best
06:05 money to save. It is the best money to
06:07 invest. And ultimately in the future
06:10 when it is radically increased in value,
06:13 it is also the best money to spend. And
06:16 now, if you’re me and you’ve got 100% of
06:18 your liquid assets in Bitcoin already,
06:20 it means you’re spending Bitcoin every
06:22 day and you’re buying Bitcoin every day.
06:24 Um, but that’s because I have nothing
06:26 else to buy stuff with. So, if I if
06:28 somebody was like, “Well, why don’t you
06:30 use your spend, you know, spend your US
06:32 dollars and save your Bitcoin?” The
06:33 answer is, uh, because I don’t have any
06:35 US dollars. So, if I want to go buy
06:38 groceries, then I got to spend Bitcoin
06:41 because I don’t have anything else to
06:43 spend. anything else that could possibly
06:46 have been spent like US dollars has
06:49 already been converted into Bitcoin
06:51 already. So when my paycheck hits, I
06:53 convert 100% of it into Bitcoin and then
06:56 I spend everything with the Coinbase
06:58 debit card. Uh for most people, River
07:00 works better than Coinbase, but if you
07:02 end up with a lot of Bitcoin and it is
07:04 the vast majority or even all of your
07:07 liquid assets like it is for me, then
07:09 the Coinbase debit card works great for
07:11 spending it. But for the vast majority
07:12 of people, the be it’s better to just
07:14 focus on accumulating Bitcoin rather
07:16 than spending Bitcoin. Um, and the best
07:19 way to do that is on River. River seems
07:21 to work better for everyone, almost
07:23 everyone or really everyone. Um, these
07:26 days. So, all you know, when I when I
07:29 recommend Coinbase and River and people
07:31 try both, they almost always come back
07:33 to me and say, “River works better. It’s
07:35 simpler. It’s cleaner. and you’re not
07:37 constantly being marketed random, you
07:39 know, tokens, most of which are scams
07:41 and stupid stuff anyway. Uh, so River is
07:43 Bitcoin only, which means you can’t
07:45 screw it up. And with River, unlike on
07:47 Coinbase, you get zero fees for
07:49 recurring buys. Uh, there’s no way to
07:51 get zero fees uh on recurring buys at
07:54 Coinbase, which means, especially if
07:55 you’re investing small amounts every
07:57 week, uh, by far the best way to do that
07:59 is on River. So hopefully all that helps
08:02 and I am always here for anything you
08:03 need. Uh here to support you on your
08:05 Bitcoin journey. And if you don’t have a
08:07 recurring buy set up on River, go set
08:10 one up. Even if you’re like, “Yeah, but
08:12 I can’t afford anything.” Well, set it
08:14 up for $1. Set up a $1 recurring buy.
08:17 Just get in the game. Get off the
08:19 sidelines. Get out of the bleachers. Get
08:21 in the game so that you can wake up in
08:24 the future and have a Bitcoin balance
08:26 that matters. Um, and obviously even
08:29 better, you know, do whatever it takes
08:32 to earn to create whatever value for the
08:35 world to earn additional money of any
08:37 form or sort and convert it into
08:39 Bitcoin. That is always the best
08:41 strategy. So, have a great day everyone
08:43 and remember that uh Bitcoin does go up
08:46 and down on its way up. So, make sure
08:48 your stomach your stomach can uh can
08:50 handle the volatility of the ups and the
08:53 downs on the way up. It will always
08:55 eventually be higher, but there’s ups
08:58 and downs on the way up. Hope all that
08:59 helps. Thanks everyone. Have a great
09:00 day. Appreciate it.
