Poor guy lost his marriage and now this.

Hahahahaha! "95% of trading is fraudulent"

I've said it before, I can't understand how people can look at the best performing asset and tell themselves, "Everyone that buys this is stupid and I'm smart for not making money"

Have you read r/buttcoin ? Lots of gold like this

Doubling down on bad calls is a losing strategy with respect to #bitcoin

Takes humility to accept and stack sats

ahahah, I wonder why he has bothered to update it at all given that probably no one would even notice. Did you have a script monitoring that page every day for updates?

I like alot of his blog and his frugal attitude which is aglined with quite some time preferences view of bitcoin. Sad to how he is not accepting the ego killer.

Wonder, if he ever get the feeling of 'zapping' people around the world with no friction. Probably a fraudulent use in his eyes.

Bitcoin is stupid to those who have worked hard gaming the Fiat system. To them Fiat is a reality that is merely declared by others who are more powerful. They strive to make it to the top of the Fiat bin.

In some ways they aren't incorrect. To them reality is a relative, nihilistic field that must be determined by men. Again, in some ways, they aren't incorrect.

Bitcoin is just open source reality. This frustrates them because suddenly their private shared keys are exposed as nonsense. Especially when you can have your own private keys. With Open Private Key encrypted communication we are able to organize without the permission of central planning. We just need to be nice to the customers we have and the providers we commission. We also need to respect the protocols we use as they don't work without knowledge.

Finally we respect the authority of records and creation only by careful consideration and not by the monopoly of violence. This is difficult for the cheer leaders of Fiat to understand.

I read this and became 17% more stupid thanks

I try not to be too proud since I know I will be wrong many more times in my life. As i have been so many before.

But to be this wrong about this thing.

Breathtaking.

“You might as well go all-in and trust people.”

This dude. I always felt like his blog was less about money and more about libtard anarcho primitivism (we should all ride bikes to save the planet). Maybe if he had been more interested in money instead of solar panel projects or whatever he wouldn’t have lead his readers astray.

As somebody who read his stuff ten years ago and had a lot of respect for how he basically jump started the community for FIRE, I feel bad for him and his family. BDS seems to be a common occurrence among people like him. Let go of your ego and learn about money. Don't be like Mr. Money Mustache...

He sees it as volatile because the denominator he measures in is volatile.l against a finite hard capped money.

Really enjoyed his content over the years, but what a terrible take

reading the comments section gave me cancer

lmfao mr money mustache was my intro to personal finance and one of the reasons i found my way to bitcoin. never knew he was a bitcoin denier😂

Rent-free lmao, going out of their way to update the article

It's because of people like this that the price is still low 🙌 🙌 🙌

What an idiotic thing to say. The imaginary price. It's absurd to call the price of the most free and open market good imagined vs fiat which is literally by decree.

He was probably the gateway drug to FIRE for a lot of people, me included.

Ultimately it led me to bitcoin and here. It's a shame he hasn't changed with the times.

Next he'll be saying the 60/40 portfolio is still a good idea.

Used to be a big fan of MMM. Wild how the majority of the FIRE guys can’t wrap their head around bitcoin and don’t bother to do the work.

🤣🤣 The first reaction is denial and social proof

‘Imaginary price’😆😆😆 NGMI