BITCOIN TAROT - 10 of BITCOIN
10 of Pentacles, 10 of Coins, 10 of Diamonds
LEGACY, WEALTH, ANCESTRY
WHAT The Initiate, Satoshi, could be suggesting while unicycling on a tightrope in the air in the Bitcoin card:
"You are enveloped by both spiritual and material prosperity. Generate financial abundance and accumulate a significant sum of money."
The Ten of Bitcoin in the Tarot deck represents the pinnacle of financial success and stability, embodying themes of legacy, wealth, and ancestry.
When applied to financial investments in Bitcoin, it highlights the concept of generational wealth and the importance of a diversified investment strategy, similar to the principles observed in long-standing family fortunes.
Legacy: The Ten of Bitcoin symbolizes the establishment of a lasting legacy of financial prosperity. Just as families with generational wealth seek to pass down their resources and knowledge to future generations, the concept of Bitcoin investments can be seen as a modern-day legacy. By wisely managing and preserving your Bitcoin investments, you have the potential to create a legacy that benefits your heirs and contributes to their financial well-being.
Wealth: This card signifies the accumulation of substantial wealth over time. Just as families that have maintained their fortunes for centuries have seen their wealth grow across generations, Bitcoin investments can offer the potential for long-term wealth accumulation. The appreciation of Bitcoin's value and the ability to hold it securely can contribute to financial prosperity.
THE THREE-LEGGED STOOL VS SATOSHI ON A UNICYCLE
The three-legged stool approach is a concept that originated during the Franklin Roosevelt era. It is based on state support and a lifelong commitment to work to secure your retirement.
This approach likens the sources of retirement income to a three-legged stool. The first leg represents Social Security, the second leg corresponds to your employer's retirement plan, and the third leg symbolizes your personal savings. This model emphasizes individual hard work with the goal of securing a comfortable retirement period. This text addresses personal fears and attempts to provide financial security for one's final years.
However, there is another perspective rooted in generational legacy systems that also refers to the three-legged stool concept. This viewpoint emphasizes multi-generational wealth building.
Research into family fortunes that have endured over 300 years reveals a distinct pattern. All these families invested in three different categories: real estate, collectibles, and rare metals. These three categories form the tripartite investment strategy for generational wealth. If you adhere to conventional wisdom, this strategy entails purchasing properties, gathering unique art pieces, and accumulating a substantial amount of precious metals to offset future state taxes on your assets.
As a beginner investor, your primary objectives should be owning a home and obtaining sufficient gold to cover your living expenses for five years. Why gold? Because gold represents tangible wealth. If the dollar inflates, the worth of your gold investment will proportionately rise. Essentially, you're safeguarding your assets against monetary inflation, war, and currency depreciation.
The growing popularity of Bitcoin, metaphorically compared here to Satoshi on a unicycle, establishes it as an incredibly valuable asset. Rather than spreading your investments across real estate, gold, and a bit of Bitcoin, you could consider investing exclusively in Bitcoin. This is due to its multifaceted nature - it serves as property, a collectible item, and a form of 'digital gold'.
In the United States, Bitcoin is taxed as digital property. Consequently, you can begin treating it as such by purchasing and lending it. With Decentralized Finance (Defi), you have the opportunity to lend your Bitcoin similar to how you might rent out a room in your house. The advantage of Bitcoin is that you can start investing with just a few dollars, unlike traditional real estate which requires an initial investment of tens of thousands of dollars. Bitcoin can also be considered a collectible due to its limited supply, with only 21 million units in existence.
This means that not every millionaire could own an entire Bitcoin. Considering there are approximately 60 million millionaires worldwide, each would only be able to own a fraction of a Bitcoin. Mathematically, there is only 0.003 Bitcoin available for each of the 7 billion people on earth.
However, as most Bitcoins are already owned, it's speculated that owning 0.28 Bitcoin could secure one's financial future by 2040. As of May 4, 2022, this would necessitate an investment of ten thousand dollars.
Moreover, Bitcoin can be compared to digital gold due to its similar properties and additional benefits such as ease of transport. The discovery of new gold no longer threatens its price. It can be transferred globally within seconds on a Sunday night for a fraction of a traditional banking fee.
In Satoshi's vision, the only requirement is to acquire Bitcoin to sustain the tripartite structure of traditional systems that have preserved family wealth for centuries. Bitcoin represents the paramount monetary champion, unmatched by any other.
In summary, the Ten of Bitcoin card represents the pinnacle of financial achievement and the establishment of a lasting legacy. When applied to Bitcoin investments, it underscores the potential for generational wealth and the importance of a diversified investment strategy. By wisely managing your Bitcoin assets and learning from the financial wisdom of generational wealth, you can create a legacy of financial prosperity that endures for generations to come.
This article does not provide financial advice. Please conduct your own research.