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    Bitcoin is the only asset you can really own

    There are many reasons to like bitcoin, and you're probably already aware of many of them. That there will only ever be 21 million bitcoins created and millions are already lost forever. There aren't many left. You'll probably also know about the bitcoin rebalancing, where the rate of BTC issuance is halved roughly every four years. You've probably heard the bullish predictions about how high the price of bitcoin might rise in the future. Investing in it now and HODLing could change your life financially forever. If you've fallen further down the bitcoin rabbit hole, you may also know that it's also the most decentralized and secure cryptocurrency. 

    All of these things are great and are some of the main reasons why many people decide to invest in bitcoin. But many of these people miss what makes bitcoin so special. Even though we are all happy that the price of BTC is rising and making us rich. That is not its true purpose and why it was created. 

    What makes bitcoin so great is that it is the first known asset that people can actually own. It's the first asset you can really take to the grave, if that's what you want.

    Money and fiat are a necessity in today's world, but they are also the root of many of today's problems. Much crime and violence happens because of money. If I had a lot of money, someone could attack me and take my money. If I refused, they could kill me and take it then. As grim as it sounds, you don't own the money you have. You just own it in the present moment. This can be said of gold as well. 

    A house is one of the most common assets that people want to own. Even after you have paid off your loan in full, you still don't own it completely. You just own the right to pay taxes on it and live rent-free. Just try to stop paying your housing taxes and see how long it takes the government to foreclose on your house. The same can be applied to farms, real estate and land.

    This is what makes bitcoin so special. It's the first asset you can truly own. As long as you take care of yourself and properly store your key passwords, no one can confiscate or steal your bitcoins. Earlier, we discussed how if someone wants your money, they can attack you and just take your money afterwards. With bitcoin, they could attack you but still not have access to your coins. If they killed you, they wouldn't stand a chance. It's a situation we don't want to think about, but this kind of crime happens every day for the purpose of stealing money. It cannot be seized by governments and is not controlled by any country. This is where the fact that it is so decentralised and secure becomes important. 

    While being able to truly own your bitcoin is great, there's no benefit if you still have to rely on third-party services to use it. For example, you can spend money privately if you wish, but the moment you collect your money, you become dependent on them. If you don't follow the rules or if they just decide to freeze your account. This is the moment you learn the importance of not trusting. With bitcoin, you can own it, store it securely, become deflationary over time, and never have to rely on third-party services.

    This is what makes governments and banks so nervous about bitcoin. If bitcoin adoption continues to grow, in an instant governments and banks could lose most of their power over the people.

    And this is something that many people in Western countries ignore. We have the good fortune to live in advanced countries that are, for the most part, quite well off economically. Until COVID, most people in those countries probably never thought about inflation because it didn't affect them much. They just looked at bitcoin as an investment that could make them a lot of money in the future. However, people from less fortunate countries already know why bitcoin is special. Owning bitcoin can prevent your savings from disappearing overnight due to inflation or being stolen by criminals. It's the only asset you can truly own and rewards you for holding it for the long term. People who don't fully understand why Bitcoin is special will probably learn when it's too late.

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