Big facts man. Been thinking about this a lot lately with my own stack vs how I’ve been living shorting the US dollar by stacking as hard as I could while making minimum payments on credit card debt and other loans. I probably have outperformed my interest rate but my credit isn’t the best and it eats into what I can actually utilize each month whether for stacking more or just cash flow in general. So I’ve had the realization lately that I want to build more of the life I want starting now rather than living and waiting for when value go up is big enough. Sucks I won’t be able to stack as hard now in the short term while prices are low compared to where they are going, but I must remember I’ve stacked for a while already but it’s probably time to build a little more on the personal sovereignty side and to quit being a debt slave. The saving in BTC is long term strategy so I have plenty of time to do so still
We tend to talk about Bitcoin lowering our time preference, but in one sense it massively raises it.
Once you truly get Bitcoin, it's hard to take a long term risk regarding your income because stacking as many Sats as possible right now is going to pay off massively in the long run.
What kind of world do you want to live in?
- One where the only people "dumb enough" to take risk are fiat minded and make shitty stuff
Or
- One where you're the fkn man living the life you constructed, but with less Bitcoin.
You're really gonna wait "another cycle" until you're ready to start building the life of your dreams?
https://blossom.primal.net/8c2591d21b08ab1f625d292ce22b655a1c621177611314c425cc766021424744.mp4
Discussion
Get free and you can always re enter this hard core stacking in the next bear from a position of power. I'm in a similar situation