Them: So if you're not actively trading, how do you make money with Bitcoin?
Me:
https://video.nostr.build/bb899321d03b1082d8eb9fd4ed4230aeeb00152673765cc7a7e0d7d159a94201.mp4
Discussion
Reason #23 will shock you!
Lol the problem with Bitcoiners is we make hodling look easy when in fact its not at all and most people will struggle
Correct. Persistence and patients pays off in life.
Low time preference isn't easy, but the reward is not only in monetary value, but it changes the way you think and see value and deploy capital
Normie mind can’t comprehend.
Buy Bitcoin
Store Bitcoin
Sleep easy.
“WhAt aBoUt SeLlInG”
I will never sell. Buy Bitcoin, Store Bitcoin, Sleep.
Lol when are you going to take profits? I always wonder why they so worried about what I do with my purchasing power, but not worried about all the missallocation of capital they've been doing for years
They can’t comprehend I don’t want shitty GBP,
The idea of savings has been destroyed so much that anyone who wants to save must be mental.
Lol now if you don't want GBP imagine how I feel about South African Rands, you couldn't pay me a high enough interest rate to hold that rubbish.
I get that there is no incentive to save and its all about pulling foward consumption, and speculating on assets but damn, surely the results speak for themselves, like how many years of failing at a strategy do you need?
Oh yeah, in laws are from SA! It’s bad out there.
To be honest mate, for them it is working, they make the average yield and that’s good enough for them.
They just fail to understand that they are not beating inflation, so they are still loosing money. The education around finance is awful. The way it’s meant to be.
I had some guy who studied economics at university and he didn’t even know the USD wasn’t backed by gold anymore.
That's funny.