Do not trust fiat centralized system with your money

[serjent05]

Anything can happen, protect your wealth.

One of the easiest way to do so is by holding bitcoin which is a store of value.

This Phong Le’s family fled Vietnam after their wealth was confiscated and their currency reset. This was when North Vietnam took over South Vietnam, any fiat in South Vietnam bank become zero value. Any cash that South Vietnamese have, even if it is $1 million or more, they use it to collect $10 worth of North Vietnamese fiat.

Gold was also not legalized Vietnam at the time. But there might be still be hope for some people but as the fiat become almost useless, rich men that have his money in South Vietnamese Dong may become poor.

https://x.com/i/status/2003818205337571382

I wonder, during this time, what would be the best move?  Do you have any idea?  Bitcoin is not available during those times. And even gold does not help, for sure, there is no Bitcoin during those times.  Is it not best to have the money invested in properties?

In today's case, let us say North Korea annexed South Korea, Bitcoin won't help also because North Korea does not accept Bitcoin as payment. Even if all funds is converted to Bitcoin, it can't be spent on the North Korean territory.  If we argue that it can be spent outside NK, then it also applies to centralized fiat like USD.

[Antona]

Very powerful and cautious. The instance from Vietnam clearly reveals how fast fiat wealth may vanish through political decisions above personal control. This reinforces the view that money in the bank isn't always safe and such currency risk is genuine, instead of theoretical. Connecting this history to Bitcoin as a storage of worth has sense, mostly its portability, scarcity, and is resistance to confiscation if compare to cash or local currency. Though no asset is entirely free of risk, therefore your points stands: to be prepared for uncertainty is wise. Overall, it is a solid reminder to ponder beyond now and secure wealth against extreme yet scenarios that are possible.

Exactly these aren't hypotheticals, People have watched their life savings evaporate overnight by government decree, Bitcoins scarcity and portability are direct answers to that specific threat it's insurance against the worst case scenario in your own country

[EL MOHA]

I wonder, during this time, what would be the best move?  Do you have any idea?  Bitcoin is not available during those times. And even gold does not help, for sure, there is no Bitcoin during those times.  Is it not best to have the money invested in properties?

I think this was one of the reasons why Satoshi actually invented the freedom to financial market which is bitcoin, before this period I think the best would be properties as you have stated during those period lands and Real estate entirely was the way to go but they too weren’t as secure as we have bitcoin now because it can be confiscated too by the state.

In today’s word it would have been digital currency and the easiest and most secured one will be bitcoin, I think the holders can still find a way to actually transact even if the country doesn’t accepts bitcoin I think there will be ways they can sell it. This has happened in some part of African countries and P2P were used to sell then

[Z-tight]

Bitcoins scarcity and portability are direct answers to that specific threat it's insurance against the worst case scenario in your own country

I wouldn't call it an insurance really, BTC is a volatile currency let's not forget that and it can also lose a large percent of its value in a very short time. Even though it eventually rises again, it is something that also worries investors, especially short term investors, who sometimes sell at a loss and lose part of their funds. And there are also people who suck at being their own bank and lose their BTC through a malware or other kind of social engineering.

[Achalugo BTC]

I wonder, during this time, what would be the best move?  Do you have any idea?  Bitcoin is not available during those times. And even gold does not help, for sure, there is no Bitcoin during those times.  Is it not best to have the money invested in properties?

In today's case, let us say North Korea annexed South Korea, Bitcoin won't help also because North Korea does not accept Bitcoin as payment. Even if all funds is converted to Bitcoin, it can't be spent on the North Korean territory.  If we argue that it can be spent outside NK, then it also applies to centralized fiat like USD.

Well, you are right but every country with their own choice on how they want to spending their funds, either by USD, Bitcoin or Fiat but one thing is sure, fiat will never fade away no matter how modernized the world is ' In my own opinion though'.
Because, not everyone will be intersted to be part of it, as most people still see Bitcoin to be a form of scamming people, which has given most mindset not to use Bitcoin instead they will use the fiat they know, which is more easy and accessible to have.

[Antona]

I wonder, during this time, what would be the best move?  Do you have any idea?  Bitcoin is not available during those times. And even gold does not help, for sure, there is no Bitcoin during those times.  Is it not best to have the money invested in properties?

In today's case, let us say North Korea annexed South Korea, Bitcoin won't help also because North Korea does not accept Bitcoin as payment. Even if all funds is converted to Bitcoin, it can't be spent on the North Korean territory.  If we argue that it can be spent outside NK, then it also applies to centralized fiat like USD.

Well, you are right but every country with their own choice on how they want to spending their funds, either by USD, Bitcoin or Fiat but one thing is sure, fiat will never fade away no matter how modernized the world is ' In my own opinion though'.
Because, not everyone will be intersted to be part of it, as most people still see Bitcoin to be a form of scamming people, which has given most mindset not to use Bitcoin instead they will use the fiat they know, which is more easy and accessible to have.

Good point the world runs on inertia, fiat is deeply embedded in everything wages, taxes, local shops Bitcoin doesn't need to replace that to be successful, it just needs to be a viable option for savings and international value transfer, which it already is

[Wind_FURY]

To give everyone some context, DCA - or any investment strategy, might not be for everyone. There are always personal, financial, and strategic preferences in these matters. BUT if you live in country that has an unstable currency, like Argentina, Venezuela, Ghana, of Zimbabwe, then convert/spend that currency as soon as possible. Buy your needs, and convert the rest to Bitcoin, Gold, or a more stable fiat currency.

Nothing works the same for everyone.

DCA is a good strategy for investment and even it is used for Bitcoin, different people will use it differently. It's different from their finance, available fund for investment while whether they have spending fund, emergency fund already or use all money for investment. If it is a latter practice, using all money for investment, DCA won't work well for those people. Because with time, their finance can become worse, their income stops, they lose jobs, and it's time to sell their coins for money to use. It can be unavoidable selling with loss just because need of money to spend.

DCA works well for people who manage finance well, have reserved money for spending, emergency and make sure that they only use discretionary income part for investment.

That's TRUE! But there are personal preferences for people, especially when it comes to how they spend/use/invest their money.

Although I believe that DCA will be a better path for some users, personally, I prefer to be more patient, save, THEN Buy the DIP. You can debate why you're personal preference is "better", but because I have a different psychological/mental layout than you, then what works for you might not work for me.

[suzanne5223]

That's the power of centralization and even the currency that the government has, they can devalue it with just one declaration and anyone who's living in that country will have to bear with that rule.

Technically, the currency of every government in the world is already devalued right from the getgo ever since their adoption of 2% inflation practice, which is one of the reasons Satoshi created Bitcoin, because the government never sees the idea of printing more fiat currency every year as economy disruption.

They see that idea and they're aware of the impact of it when they keep on printing more of their local currencies. These countries have their debts to pay and to be honest, many of them are paying it with their newly generated currency that's fresh from their central banks. It's a rigged system and they have to live by that because they're already accustomed to that system. And that's why Bitcoin defeats that system because it's decentralized and has limited supply where they can't rig it.

I have to agree with you about the government's adoption of 2% inflation practice to be a rigged system because they are indeed using it to steal from the country. If not, something that's not helping the country's economy and the common man they govern, they ought to stop or reduce it.
Since such steps are not taken, they are technically using it to steal the county treasure and showing it to our faces.

Aside from what was narrated through the video in the OP. The model of how the government operated the country's economy and monetary policy is the reason why all BTC holder sees it as a perfect alternative. Besides, it is also the reason for the birth of BTC.

Yes, we're aware of the government's system and that's why bitcoin is the deflationary currency that we all have to hold.

Yes, and all thanks to the Bitcoin consensus mechanism adopted by Satoshi.

[snowpega]

That's TRUE! But there are personal preferences for people, especially when it comes to how they spend/use/invest their money.

Although I believe that DCA will be a better path for some users, personally, I prefer to be more patient, save, THEN Buy the DIP. You can debate why you're personal preference is "better", but because I have a different psychological/mental layout than you, then what works for you might not work for me.

Mate, everyone has a unique and different mindset that makes him/her a unique personality, and this also becomes the reason for one's success if we talk about investment plans. Other than this, I agree with you, as you said that you prefer to be patient, and I believe that patience can be a golden key to the door of success for everyone. Although there is no doubt that DCA is the best approach for accumulating bitcoin and i was thinking about a condition that if bitcoin hit the price tag of $50k and whatever money I would have at that time, I would put it all at once using the lump sum strategy, as I will be holding it for a long-term mindset.

And after that, for the execution of the DCA approach, whatever money I will be making after that point I will use for DCA. What do you think? Is it fine? Or should I start to buy from the very first point using the DCA strategy? Like, whatever I would have if Bitcoin hits a $50k price tag should be invested using the DCA approach?

[The Cryptovator]

I wonder, during this time, what would be the best move?  Do you have any idea?  Bitcoin is not available during those times. And even gold does not help, for sure, there is no Bitcoin during those times.  Is it not best to have the money invested in properties?

In such a situation I would invest in properties. Because if there is no Bitcoin, then I have to think of an alternative to secure my wealth. Even for now, I don't keep all the funds in crypto or in the banks. I like to purchase some properties; I made a home for myself and rent coming from those properties as well. I am wondering about purchasing another property and seeking a good opportunity. But definitely I made funds from crypto, either from trading or crypto marketing as well.

For now, if we keep funds in the bank, then due to inflation, the value of money will go down. So I keep only funds that would help in an emergency situation. The rest is invested in crypto; once I make money from crypto, then I move it to invest in properties. Because I need some solid investment in case crypto dumps a lot, then at least I will not have to struggle during that time. And definitely some fiat savings to encounter emergency situations.

[betswift]

I’ve been following discussions about automated crypto trading for years, and from my experience the main challenge is not strategy design, but long-term adaptability to changing market conditions. Many bots perform well in specific ranges, yet struggle when volatility or liquidity profiles shift. I personally think automation works best as a supporting tool rather than a fully hands-off solution. Tools like darkbot.io are often mentioned as examples of automation, but regardless of the platform, risk management and user oversight remain critical. Over time, I’ve learned that understanding market structure matters more than chasing short-term optimization.

Without proper knowledge no bot would bring you results, because you want the bot to be like you or close to you, if not better than you at all.