Replying to Avatar Erik Cason

You are right about most of it, but I disagree that we have lost. In fact, I don’t think the struggle has even started and I think it will take generations to accomplish, but I think it is up to us to start that struggle that will electrify itself into the political task of our time. We must make the decision to not go quietly into that dark night, as this is not just about us, but about the very nature of what it means to be a human being in our time.
Avatar
BitcoinBadger 2y ago

Just wondering how underground we will have to be.

Regarding the countries that want to say/do the right things to get us and our “wealth” there - that is what has me skeptical about the self-governing Free Cities movement. Once you are bought in, that government could flip a switch and go authoritarian.

I’m willing to stand firm, to teach, to promote the BTC circular economy. It doesn’t need to be the global reserve asset in my lifetime. I earnestly HOPE it remains a suitable store of value asset in my lifetime which growth is measured on a logarithmic scale.

When you see the total addressable market, seems like it could easily 20x in my lifetime (I’m in damn good shape for a 55 yr old 💪😉).

Then I’ll teach the next generations - participate in the circular economy while choosing to borrow against BTC vs ever selling it…and never get over leveraged. Only borrow what you could pay right then if you needed to - so you don’t lose your BTC buying something that time destroys.

21M!

Reply to this note

Please Login to reply.

Discussion

Avatar
BitcoinBadger 2y ago

What the heck - thought Damus had locked up, so pressed the Post button multiple times.

My bad…

df
df125dd3... 2y ago

Personally I am extremely debt adverse. I see it like this.... Why mess around with debt when there are smaller scale projects that will move more. I always liked the idea of 00/12mil (Infinity/21mil) Essentially it is the idea that BTC is the base currency. EVERYTHING is priced in it. Super strong stuff like gold, beach houses, unvaxxed sperm, and high quality bacon... right alongside the most horrible shitcoins, yappy-dogs, fat girls and (redacteds). Everything.

So learn to manage risk and never touch debt. When times are sketch... Risk off. When its the pump times then Ape! Im not a maxi but one thing I know for sure is that all blockchains are both tools and weapons. Powerful ones at that. No reason to limit yourself.