Simply Bitcoin I Lost My Bitcoin and Here’s How It Happened! | Beyond Bitcoin
Oct 25, 2025
Holding Bitcoin presents a unique challenge, especially with daily expenses tugging at your conviction. The hosts discuss strategies for using Bitcoin as collateral instead of liquidating assets, emphasizing the need to resist inflationary pressures. They liken Bitcoin to an oxygen tank, where careful spending and long-term holding are crucial for financial freedom. Joining the Bitcoin community offers essential support and opportunities to thrive, urging listeners to recognize the value of their current holdings and consider mining for future wealth.
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Lost Bitcoin To Life's Costs
- Oceans bought Bitcoin in 2017 and later had less than he started with due to life expenses.
- He explains he didn't lose it to hacks but sold to cover bills and inflation-driven costs.
Use Borrowing To Avoid Selling
- Consider borrowing weak fiat to hold strong assets instead of selling appreciating Bitcoin.
- Use collateralized borrowing when possible to meet expenses and keep upside exposure.
Fiat Is A Gravity Well
- Oceans frames the fiat system as a gravity well that constantly pulls you down with rising costs.
- He likens inflation to increasing poker blinds that gradually blind you out of holding Bitcoin.