I would like to see more macro, health, AI, robotics, security, etc. I miss that content from Twitter.
I personally don’t want any financial / investment content. I’ve realized that there’s no point in investing in other assets because nothing really outperforms bitcoin over time. I’m not a speculator so I don’t gamble with my capital. I just buy and hold for retirement.
I don't do a lot of speculation either. Used to, but chasing after value gains to try and beat inflation suddenly seemed so childish once I learned about Bitcoin. But I still look at investments with two lenses, one from the idea of a nest egg, and the other looking for a way to create an income stream. Having capital in an account doesn't pay expenses. We need an income from that, and if we don't want to have to sell our assets, we need that income stream to come from our assets in other ways. I've been focused on building a dividend growth portfolio that I am hopeful will enable me to pay my expenses when I retire without having to sell any of my assets, Bitcoin or otherwise.
Besides, if we have an income stream, we can pay our expenses and continue to buy more sats.
I’m not sure that’s the better financial decision. Let’s say you have $200k in cash and consider building a equity portfolio with dividends to generate income.
You have a choice. You can put the full $200k into bitcoin or you could split it say $100k for bitcoin and $100k for equities.
Bitcoin has averaged more than 50% per year if you consider the full four year cycle.
That suggests your $100k bitcoin investment would be $150k (or more) in an average year.
Your dividend portfolio in comparison would be worth say 110k. And let’s also say that you received $10k in income (which is incredibly generous as I’ve owned a lot of equities and found it difficult to break a 10% dividend rate while also getting a 10% capital gain).
So, a $50k gain for bitcoin and a $20k gain for equities. It’s better to have the bitcoin. And that decision compounds, so over 10 years the bitcoiner is far, far wealthier than the equity investor.
Any bitcoin you buy with your income is being purchased at the end of the period meaning you lost out on the gains of the period.
Also consider that your dividends are likely taxed at income rates while your bitcoin sales could be long term capital gains. Which means you pay higher taxes if you live in the US.
Also consider that your equities are controlled by and can be seized by your government. Your cold storage bitcoin is controlled by you.
It seems a much better decision to invest all of your capital into bitcoin and trade some of your time for income if you still need income. Eventually you’ll have enough bitcoin so you won’t need to do that.
Good luck!
I wished Benjamin Graham wrote a book about #bitcoin
