25 years ago I had my first job, at the age of 15 I worked in a restaurant as a waitress. I had the idea that if I saved most of my salary in one year I could buy a motorcycle or a used car. My parents always recommended me to save to have a better future, and being Venezuelan the best thing I could do, according to them, is to invest my money in American dollars because that is the most powerful currency in the world and ours is "shit".
For as long as I can remember my country has always been in crisis, living with a currency in constant devaluation is a hobby for Venezuelans, so the most logical step to beat inflation was to exchange bolivars (local currency) for the U.S. currency. Returning to the anecdote, after a year I did not have a motorcycle, nor a car, I only had a handful of dollars, a poorly paid job and many debts.
I also remember that in Argentina in 2003 its banking system allowed savings in American currency, considering the fact that the parity between the local currency and the dollar was 1 to 1. But the banking crisis also arrived in Argentina, the currency of that country was devaluating and it became impossible to achieve parity with the dollar, which was getting further and further away. The Argentine government, faced with the critical situation, instructed the banks to withhold American currencies and only make the devalued Argentine pesos available to the population. As can be seen, it was of no use to save in the strongest currency since the State in the end kept the workers' savings.
I tell these stories because five years ago I decided to save again, but this time with a different currency, I am sure you know it, it is called Bitcoin, does it ring a bell? That's right, I made that decision thinking about the future of my son, who at that time was a little boy of 6 years old. Every month I acquire the equivalent of $20 in BTC, which goes directly to a cold wallet under my possession. The day the boy will be a man of 18 years old I will give him that wallet so that the funds that rest there can be used wisely in some project he wants to undertake or for his own education, let him be the one to decide his destiny.
I feel that I am doing an act of love at the same time that I am teaching the little one the value of real money, the one that does not turn into shit like the peso or the bolivar and soon the American dollar itself. Judging by the wild printing rate of the dollar it is important to establish savings and investments with hard currencies but the great advantage of BTC is that there is no bank, government or state capable of stealing your cryptocurrencies, its autonomy guarantees that your money apart from revaluing nobody else apart from you will be able to block your independence over your finances.
Of course I teach my son everything I know about BTC and cryptocurrencies and their importance in the world, he will surely make the right decision.