Ten New Year’s Resolutions from a Bitcoin Perspective
As another year rolls in, it’s the perfect time to reflect on personal growth, financial health, and ways to improve our relationship with the world—and what better way to do that than with a Bitcoin twist? Whether you’re a seasoned Bitcoiner or just starting your journey, these ten New Year’s resolutions will help you align your life with the principles of decentralization, sovereignty, and sound money.
1. Educate Yourself Further on Bitcoin
Bitcoin is a deep rabbit hole, and there’s always more to learn. This year, resolve to read at least one new book on Bitcoin, such as The Bitcoin Standard by Saifedean Ammous or Broken Money by Lyn Alden. Attend a local Bitcoin meetup or tune into podcasts like What Bitcoin Did. Understanding Bitcoin’s history, technology, and philosophy will strengthen your conviction and ability to articulate its value.
2. Prioritize Self-Custody
If you’re still keeping your Bitcoin on an exchange, make this the year you embrace true ownership. Buy a hardware wallet or set up a multisig solution to secure your sats. Self-custody ensures you’re not relying on third parties to access your wealth—an essential principle of financial sovereignty.
3. Stack Sats Consistently
Adopt a disciplined approach to saving in Bitcoin. Commit to dollar-cost averaging (DCA) a small, manageable amount each week or month. Apps like Swan Bitcoin or Strike make this easy and automatic. Over time, consistent stacking builds wealth regardless of short-term price fluctuations.
4. Improve Your Bitcoin Privacy
With growing surveillance in the financial system, protecting your Bitcoin transactions has never been more critical. Learn about tools like CoinJoin, Sparrow Wallet, and Whirlpool to enhance privacy. Avoid address reuse, and consider running your own node to verify transactions independently.
5. Reduce Your Fiat Dependence
Challenge yourself to live with less fiat. Explore businesses and merchants that accept Bitcoin, especially on the Lightning Network, for day-to-day purchases. By using Bitcoin directly, you support adoption and experience the benefits of a decentralized payment system.
6. Orange-Pill Someone New
Resolve to share the gift of Bitcoin with friends or family this year. Start by recommending beginner-friendly resources and patiently answering their questions. Remember, the goal is education, not persuasion. Help them set up a wallet and make their first transaction when they’re ready.
7. Run a Bitcoin Node
Running a Bitcoin node helps decentralize the network and ensures you verify your transactions independently. Devices like the RaspiBlitz or software like Umbrel make it easy to set one up. It’s a hands-on way to strengthen your understanding of Bitcoin and contribute to its resilience.
8. Support Bitcoin Builders and Innovators
Consider donating to open-source Bitcoin developers or projects building tools to improve the ecosystem. Whether it’s through financial support or simply providing feedback, contributing to the community ensures Bitcoin’s continued growth and success.
9. Stay Humble, Stack Sats
Bitcoin’s volatility can lead to emotional highs and lows. Commit to staying grounded, avoiding unnecessary leverage, and focusing on the long-term fundamentals. Remember, it’s not about getting rich quick but building a better financial future for yourself and others.
10. Advocate for Bitcoin’s Principles
Take time this year to engage in conversations about Bitcoin’s role in promoting freedom, sound money, and decentralization. Whether it’s on social media, in local meetups, or through writing, your voice helps counter misinformation and introduces new people to Bitcoin’s potential.
Conclusion
Bitcoin is more than an asset; it’s a way of life that challenges us to think differently about money, trust, and sovereignty. By embracing these New Year’s resolutions, you’ll not only strengthen your personal Bitcoin journey but also contribute to the broader mission of building a decentralized, fairer world. Let’s make this year a landmark one for Bitcoin adoption and personal growth. Happy New Year, and stay humble, stack sats!
Not financial or legal advice, for entertainment only, do your own homework. I hope you find this post useful as you chart your personal financial course and Build a Bitcoin Fortress in 2024.
Thanks for following my work. Always remember: freedom, health and positivity!
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There are only excellent resolutions here!
Happy New Year to you too!