What is FITS?
FITS stands for Financially Independent, Time Sovereign. It’s a philosophy and personal finance strategy that combines financial independence with the ability to control your time, using Bitcoin as a core asset for building wealth.
How is FITS different from FIRE?
While FIRE (Financially Independent, Retire Early) focuses on retiring early through saving and investing in fiat-based assets, FITS emphasizes sovereignty over both finances and time, leveraging Bitcoin’s deflationary properties.
Why is Bitcoin central to FITS?
Bitcoin’s fixed supply and resistance to inflation make it a powerful tool for preserving value over time, unlike fiat currencies, which lose purchasing power. Bitcoin enables a more sustainable path to financial independence and time sovereignty.
What does “time sovereignty” mean in FITS?
Time sovereignty means having control over how you spend your time, free from the need to work for fiat money. It’s about choosing work that aligns with your values and that allows you to add the value to those that matter to you, rather than working out of financial necessity.
Is FITS only for Bitcoin enthusiasts?
While Bitcoin is a key part of FITS, the broader concept of financial independence and time sovereignty can appeal to anyone looking to escape the rat race and take control of their time and finances. There’s a chance you’ll become a Bitcoin enthusiast yourself after looking into FITS – be aware.
What’s the relationship between Bitcoin’s volatility and FITS?
FITS embraces Bitcoin’s volatility as a short-term challenge but focuses on the long-term benefits of Bitcoin’s deflationary nature. Over time, Bitcoin’s purchasing power grows, aligning with the FITS philosophy of sustainable wealth accumulation.
Do I need to retire early with FITS?
Not necessarily. FITS isn’t just about retiring early, but about gaining control over your time so you can work when and how you want, without financial pressure.
How much Bitcoin do I need to achieve FITS?
There’s no one-size-fits-all answer. It depends on your financial goals, living expenses, and how much control over your time you want to achieve. Consistent accumulation and long-term planning are key.
Where can I learn more about FITS and get started?
You can read the content in Learn on this website, which provides the steps to help you begin your journey toward financial independence and time sovereignty. You can join our Nostr Community to follow updates by others interested in the strategy and mindset.
You can see our Resources to deepen your understanding, and use our Tools to analyze your path forward.
Stack sats, stack time!