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You must be new to bitcoin. "Trust me, bro" is not how we do it. And I couldn't care less how tradfi does it.

not new to bitcoin per se, but i'm new to diversifying into GameStop & Metaplanet, or Enron 2 & 3.

idk, maybe there's a genetic propensity to trusting in founder-led ponzi schemes. if my grandparents tried to increase their share of people's time on this earth by buying the original Enron (futures on future energy production), then there's nothing i can do but surrender to the fate of future scorn of bitcoiner snowbirds in their Naples mansions as i settle into a Sarasota mobile home.

i definitely think the highest IQ way to do bitcoin is everything in cold storage.

but maybe i can get even more than my fair share (and give away 10% of course). isn't this more helpful than if i just converted my saved time into bitcoin?

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ethfi 7mo ago

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gojiberra 7mo ago

Insurance is still a valid business. so i'm investing in the future of insurance. maybe after hyperbitcoinization we won't need insurance as abundance mean that medical care costs go to almost zero and engineering stuff will get better so fewer accidents.

i see Strategy as an insurance play (biggest stack of collateral)

GME as a hedgefund with a horde of retail investors (as opposed to wealthy interests)

MetaPlanet is geographical diversification with incredibly intelligent leadership

I also think these will become new power brokers in a multi-polar, decentralized world. giving them bitcoin is like voting for the leader of my pack.

maybe that's why establishing podcasts nowadays is so popular, because getting one's brand out there is how to amass power and influence. it used to be priests/politics.

nuns don't appear to get the respect that priests do. i want the ego of a nun