Status vs Wealth Symbols

[Bitcoin-Forever]

link

It will get to a certain stage whereby ignorance will lead to acquiring more liabilities than assets because we don't know the differences, in life you will discover that some are chasing after what will later impose more cost on them to maintain, why some will make use of their idea and invest on a profitable asset that will give them other additional benefits later in the future.

Do we prefer to secure the future today and enjoy tomorrow or start the enjoyment now forfeiting future benefits with bitcoin, are we putting our future at risk or being sensitive of bitcoin opportunities, a simple explanation to what Bitcoin serve as benefits is well explained, when we choose other assets as a sign of luxury for this present dispensation, but leaving the future at risk with uncertainties, or are we after the status they see with us, how do we plan ahead over the future ahead of us with bitcoin and other benefit coming from it adoption.

[CTO114]

Obviously people like to own status symbols to have the prestige of owning them is highly irresistible as opposed to people who decide to won wealth symbols; acquiring valuable assets and having strong financial resources.

I like the angle you're coming from and listing Bitcoin as a wealth symbol, especially when it is owned outrightly by the individual.

The Bitcoin era is definitely introducing new status symbols; early adoption, technical knowledge, self custody skills, running a node and long term conviction during bear markets.
 
The more people seek status, the less wealth they often accumulate!