Something that's been on my mind for a bit... a lot of plebs scoff at investing in stocks or anything else that isn't Bitcoin.

This is absolutely fine if you are out of the rat race and financially independent.

However if you are still fiat mining, it is helpful in a practical sense to have fiat world investments.

Personally I consider any Bitcoin I buy as long term, never gonna sell, put a portion into LN for zaps and IRL transactions, most into cold storage. If it's in cold storage it's hodled.

But I also need to hold a portion my wealth in something quick and easy to liquidate without having to worry about AML, CGT, etc. including for major purchases. After all I'd never want to convert BTC to fiat even if I could do it easily.

You can still do this in a Bitcoin centric manner. For example I own stock in MANA, a Bitcoin mining company. It loosely follows BTC as a general rule.

My stocks are in an ISA so all profits are 100% tax free.

Is it sound money? No. Is it still very useful for hedging inflation while remaining relatively liquid in a fiat world? Yes.

Think practically, rather than emotionally, when allocating your capital.

Just my two sats.