Some bad news for fiat currency; let us assume you have a bunch of hundred dollar bills, hard cash just stowed away at your house, somewhere inside a sock drawer. Let us assume you have $1 million worth of cash at home.

Technically, the US federal reserve printing more money will cause your hard earned cash to become devalued. Why? More printing money and more currency in the economy in the world means that dollar per dollar, each of your dollars are actually worth less.

So what are we to do about this? One thought is to just use and spend more of your hard cash, printed hundred dollar bills, or $20 bills, whenever you have the chance. Maybe this is a good idea to stop using your credit card so much; better to use cash instead.

Also some thoughts about bitcoin and cryptocurrency; assuming that the upper limit of bitcoin is capped, this is a good sign for notions of money.

Currently the challenges with bitcoin is that it is still too slow to transfer, the lightning network seems like a good promise. At least the good thing with bitcoin is that it is a recognized currency, all of the other crypto currencies and coins seem to have a branding and PR issue.

Ideally moving forward, bitcoin will be the best type of currency in regards to big purchases. For example, buying a house or a car with bitcoin seems like a good idea. I still think that into the future, the US dollar and fiat currency will persist, but rather, they will still just be used for a smaller every day purchases.

Also, I predict that Tesla will start accepting bitcoin again to purchase their cars into the future. Maybe also into the future, Apple will accept bitcoin to buy their iPhone pros, etc.

I am also very certain that in the future, once you could easily link up your cryptocurrency wallet, and your bitcoin to your Amazon prime account, making Amazon and Amazon prime purchases will be a viable option with cryptocurrency.

Also, what is the biggest issue with trading stock nowadays? The annoyance and the slowness of having to link up your trading account, get some inexperienced guy to link up and set up your account, etc. It is all too slow and cumbersome. Some sort of crypto technology which makes trading easier is the future.

For example, let us say that I want to buy a bunch of Tesla stock. Yet I do not have an official trading account. If I want to suddenly put $250,000 into Tesla stock, and I do not yet have an approved JP Morgan trading account, I might lose up to tens of thousands of dollars in my delay, even the slowness of trading by a day.

Moral of the story; keep thinking about crypto technology, bitcoin and cryptocurrency. I still regularly check up on chain-link, even though I currently do not own any. Currently all I have is 100% bitcoin. Once I find some thing enticing enough, I might do some trading.

Is Ethereum the future? I don’t think so. Why? Ethereum 2.0 and the split is a sign of a bad technology, and also, 99.99% of people have no idea what it is, how it works, or even how to pronounce it. Just try to get your English as a second language mom to pronounce, spell, or remember the word “Ethereum”. However your mom could still remember and pronounce bitcoin.

So maybe if you have the option right now, start buying more Bitcoin. And hoarding for the future!