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Why Bitcoin is the alternative financial system created by an angel - and the brutal truth about taxpayer bailouts that saved manipulated banks while no one was held accountable, the anonymous genius who showed up on a group chat with a solution that doesn't go through standard financial institutions, the 21 million unit cap that makes Bitcoin behave like prime real estate where scarcity drives value as more people want in, and why your aunt in the village should think of it as Momo that appreciates over time while your aunt in the US should think of it as a high yield savings account on steroids - except instead of 4-5% interest you're looking at potential 30-50% year-by-year growth that could hit $1 million per Bitcoin in 10 years and $10 million in 20-25 years, meaning every cedi or dollar you invest now could 10X in a decade and 100X in two decades, while the real miracle is that unlike prime property in Airport Hills or Trasako that rejects your 200 cedis because you're not rich enough.
Bitcoin lets anyone with $1, $10, $100, or $100,000 buy their portion and watch it grow at exactly the same rate - making it the only truly democratic wealth-building asset where the person who puts in 200 cedis can turn it into 2,000 cedis and the person who puts in $100,000 can turn it into $1 million, all growing proportionally without gatekeepers, minimum balances, or discrimination based on how much capital you started with.
In this raw episode of Konnected Minds, host Derrick Abaitey sits down with a Bitcoin expert who dismantles the dangerous "crypto is a scam" narrative keeping Africans locked out of the fastest-growing asset class in human history, revealing the exact moment when the 2008 financial crisis exposed how banks and financial institutions manipulated the system and crashed the global economy, when taxpayers had to bail out those same institutions while no one was held accountable for the destruction, when an anonymous person - who the guest calls an angel - appeared on a group chat and said "I've been working on an alternative financial system that cannot be manipulated and does not go through the standard financial system," when that system turned out to be peer-to-peer.
Bitcoin where you and Derrick can transact directly without banks or intermediaries, when the 21 million unit cap was revealed meaning no one can ever create more Bitcoin no matter what happens, when understanding that scarcity principle made it click: just like land, as more people want Bitcoin the value increases because supply is fixed, when the realization hit that Bitcoin is Momo for Ghanaians except the money appreciates over time, when comparing it to high yield savings accounts in the US and Europe that pay 4-5% interest made it clear that Bitcoin's 30-50% year-by-year growth.
Bitcoin even though early adopters reaped higher gains, why Bitcoin could hit $1 million in the next 10 years and $10 million in 20-25 years, meaning every amount you invest now could 10X in a decade and 100X in two decades, why those who get exposure earlier benefit from higher gains but eventual growth will stabilize at around 20-21% in perpetuity after about 20 years, why the person who puts in 200 cedis or $20 cannot show up on prime property in Airport Hills or Trasako and buy exposure but CAN buy Bitcoin and watch it grow exactly the same as someone who invested $100,000, and why Bitcoin was created by an angel because no matter how much money you have.
Host: Derrick Abaitey
By Derrick Abaitey4.8
4242 ratings
Why Bitcoin is the alternative financial system created by an angel - and the brutal truth about taxpayer bailouts that saved manipulated banks while no one was held accountable, the anonymous genius who showed up on a group chat with a solution that doesn't go through standard financial institutions, the 21 million unit cap that makes Bitcoin behave like prime real estate where scarcity drives value as more people want in, and why your aunt in the village should think of it as Momo that appreciates over time while your aunt in the US should think of it as a high yield savings account on steroids - except instead of 4-5% interest you're looking at potential 30-50% year-by-year growth that could hit $1 million per Bitcoin in 10 years and $10 million in 20-25 years, meaning every cedi or dollar you invest now could 10X in a decade and 100X in two decades, while the real miracle is that unlike prime property in Airport Hills or Trasako that rejects your 200 cedis because you're not rich enough.
Bitcoin lets anyone with $1, $10, $100, or $100,000 buy their portion and watch it grow at exactly the same rate - making it the only truly democratic wealth-building asset where the person who puts in 200 cedis can turn it into 2,000 cedis and the person who puts in $100,000 can turn it into $1 million, all growing proportionally without gatekeepers, minimum balances, or discrimination based on how much capital you started with.
In this raw episode of Konnected Minds, host Derrick Abaitey sits down with a Bitcoin expert who dismantles the dangerous "crypto is a scam" narrative keeping Africans locked out of the fastest-growing asset class in human history, revealing the exact moment when the 2008 financial crisis exposed how banks and financial institutions manipulated the system and crashed the global economy, when taxpayers had to bail out those same institutions while no one was held accountable for the destruction, when an anonymous person - who the guest calls an angel - appeared on a group chat and said "I've been working on an alternative financial system that cannot be manipulated and does not go through the standard financial system," when that system turned out to be peer-to-peer.
Bitcoin where you and Derrick can transact directly without banks or intermediaries, when the 21 million unit cap was revealed meaning no one can ever create more Bitcoin no matter what happens, when understanding that scarcity principle made it click: just like land, as more people want Bitcoin the value increases because supply is fixed, when the realization hit that Bitcoin is Momo for Ghanaians except the money appreciates over time, when comparing it to high yield savings accounts in the US and Europe that pay 4-5% interest made it clear that Bitcoin's 30-50% year-by-year growth.
Bitcoin even though early adopters reaped higher gains, why Bitcoin could hit $1 million in the next 10 years and $10 million in 20-25 years, meaning every amount you invest now could 10X in a decade and 100X in two decades, why those who get exposure earlier benefit from higher gains but eventual growth will stabilize at around 20-21% in perpetuity after about 20 years, why the person who puts in 200 cedis or $20 cannot show up on prime property in Airport Hills or Trasako and buy exposure but CAN buy Bitcoin and watch it grow exactly the same as someone who invested $100,000, and why Bitcoin was created by an angel because no matter how much money you have.
Host: Derrick Abaitey

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