Fair point. Although I would even in a fiat standard rather own a small humble home, quit buying expensive stuff and investing everything into equities instead
Discussion
Yea heās heavy in the 401k too
Thinks heās got it all figured out
Well if he stacked S&P his entire life heās probably set for life to be fair
Nah thatās what he thinksā¦.
š
Im voting for the other system, the one where his house gets cheaper every year not more expensiveā¦.
In his mind itās a dollar world
In my mind itās a satoshi world š
Pretty sure heās NGMI
He would be set for life assuming we stay on a fiat standardā¦.
But I think we are quickly moving away from that system
That was the whole point of my note lol
Canāt wait for his face to melt
So youāre actually saying that if you own assets other than Bitcoin you will not make it?
Let me be clear
There are 2 different systems
One system is inflationary
The other is deflationary
The 2 systems are not compatible
What Iām saying is I believe my boss thatās a fiat maxi will be very late to the game.
All traditional assets are trending towards 0 in bitcoin terms
Also itās way more than just assets that you own itās the unit of account
I believe his unit of account everything will continue to get more expensive
And my unit of account the complete opposite
Everything gets cheaper
100% true what youāre saying! And Iām on your side
I just donāt think that the S&P500 will go away or tend to zero. More that those companies will adopt the Bitcoin strategy and equities will be repriced
It already is. All stocks have been trending towards zero btc for the past 15 years.
Have you not looked at stocks priced in bitcoin?? Wtf š¬
Yes 100% and I do look that way lol. Iām all in
Iām just saying that I donāt believe that people who built a multi million equity portfolio will get rekt. They will be fine. Although they would be a lot better the earlier they adopted a Bitcoin mindset
Naw they wonāt be fine
See when you say multi million Iām automatically thinking about sats
The people that are thinking million = dollars NGMI imo
Every word you type triggers me
Fina mute lol damn
lol
If you cannot stand having a conversation with someone who has different opinions š
