Intro

What if the key to building long-term wealth…

👉 Wasn’t just about making money…
👉 But understanding how money actually works?

In this episode, Elijah Bilel sits down with Myles Dhillon to break down Bitcoin, cryptocurrency, and how they fit into a long-term wealth-building strategy.

This episode originally aired on Financial Anatomy, which is why it leans heavily into financial education and investing principles.

If you’ve been curious about Bitcoin but unsure where to start, this is the episode for you.

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Intro to Myles Dhillon

Myles Dhillon is a property investor, entrepreneur, and Bitcoin educator who has been studying cryptocurrency since as early as 2012.

His background includes:

• Borrowing money to flip houses
• Building and exiting a construction company
• Transitioning into property investing
• Becoming a Bitcoin-focused educator

He is also the host of the Should I Invest in Bitcoin podcast and focuses on helping people:

👉 Build income streams that compound over time
👉 Move away from financial fragility
👉 Understand money at a deeper level

👉 Check out Myles’ website and podcast Here 

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Episode Overview

In this episode, we break down:

• How Bitcoin actually works
• Why it’s different from traditional money
• The concept of digital scarcity
• How inflation affects your wealth
• Whether you should invest in Bitcoin
• Dollar cost averaging vs lump sum investing
• The long-term mindset behind crypto investing

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Listen to the Episode

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Why This Episode Happened (Audience Demand)

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This conversation came directly from audience demand.

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What Elijah Noticed

• Increased views on crypto-related videos
• High interest in apps like Coinbase and Kraken
• More questions about Bitcoin

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The Conclusion

👉 People want to understand crypto

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The Approach

Instead of guessing…

👉 Bring in someone with deeper experience

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From Real Estate to Bitcoin: Myles’ Journey

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Myles Dhillon didn’t start in crypto.

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His Early Investing Path

• Real estate
• Stocks
• Learning through books and experience

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Then Came Bitcoin (2012)

• Introduced through a personal connection
• Initially confusing and unfamiliar
• Required deep research to understand

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Key Insight

👉 Most people don’t understand Bitcoin at first

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If you’re serious about understanding how money works beyond just earning it—and want a deeper breakdown of building wealth, investing, and financial strategy…

You can check out The Anatomy Of Financial Success Here

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The Lightbulb Moment (What Changed Everything)

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For Myles, things clicked when he realized:

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Bitcoin Has a Fixed Supply

👉 Only 21 million Bitcoin will ever exist

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Why That Matters

• No money printing
• No artificial inflation
• True scarcity

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Comparison

• Dollars → Can be printed endlessly
• Bitcoin → Limited forever

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Key Takeaway

👉 Scarcity drives value

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Bitcoin vs Traditional Money

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One of the biggest differences discussed:

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Fiat Currency

• Controlled by governments
• Can be printed at will
• Loses value over time (inflation)

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Bitcoin

• Decentralized
• Limited supply
• Designed to resist inflation

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Key Insight

👉 Bitcoin flips the traditional financial system

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The Power of Long-Term Thinking

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Myles didn’t fully understand Bitcoin at first.

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What He Did Instead

• Bought a small amount
• Held it over time
• Continued learning

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What Happened

👉 Massive growth over the years

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His Strategy Now

👉 Accumulate consistently

👉 Focus on long-term ownership

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Key Takeaway

👉 Time in the market beats timing the market

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Dollar Cost Averaging vs Lump Sum Investing

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This is a key question discussed in the episode.

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Dollar Cost Averaging (DCA)

• Invest a fixed amount regularly
• Reduces risk of bad timing
• Builds consistency

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Lump Sum Investing

• Invest all at once
• Higher risk
• Potential for higher reward

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Myles’ Perspective

👉 For beginners, DCA is often the safer approach

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Key Insight

👉 Consistency beats trying to time the market

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If you’re looking to get started with Bitcoin and want a simple way to begin, you can sign up for Coinbase Here and get $10 in Bitcoin when you create your account

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Why Bitcoin Feels Confusing at First

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A big takeaway from the conversation:

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It’s Not Just an Investment

👉 It’s a new system

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That Means

• New terminology
• New concepts
• New way of thinking about money

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Example

Even the word “Bitcoin” initially feels unfamiliar and abstract.

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Key Takeaway

👉 Confusion is part of the learning process

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The Bigger Lesson From This Episode

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This episode isn’t just about Bitcoin.

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It’s About Understanding Money

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Because Once You Understand:

• Inflation
• Scarcity
• Asset growth

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👉 You start making better financial decisions

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Final Thoughts

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If you take anything from this episode, let it be this:

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👉 Don’t just invest blindly

👉 Understand what you’re investing in

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Because at the end of the day

👉 Knowledge builds confidence

👉 And confidence leads to better decisions

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