Once you get used to storing your wealth in Bitcoin it gets really hard to buy assets that you don't have full control over.

Throw in unpredictable supply, limited portability, operational risk, and counter-party risk and very few assets look as appealing as they once did.

Reply to this note

Please Login to reply.

Discussion

No coiners don’t understand this trump’s volatility every time especially when your time preference is low.

Exactly like this. And even worst when you are in a shitty economy like venezuela or argentina. It doesn’t make sense to have not even 1 peso in your account 🤔

Completely

That's why mom always forced us to eat our meal before dessert. Bitcoin is like a dessert you deserve to eat every day as long as you want to l. If for some crazy reason one day you'll want to eat ordinary meal you can easily exchange it with anyone for anything.

The deeper you go down the Bitcoin rabbit hole, the more appealing a Bitcoin only portfolio looks.

Inherent maximalism

💯

the amount of third parties and complexity in the system makes one truly give up on trusting it in the long term

a house, lots of land, gold and bitcoin seems like the most appealing thing

🎯

💯 % agree… it just doesn’t feel right by any other assets. At least if you think about it too much.

In other words: Bitcoin maximalism is inevitable when you actually DYOR

It's so true. After reaching a stacking goal I wondered if i should diversify.. there is no second best.

The goal is to thrive. My only diversification was into some storable food and water filter to get us through the few tough years ahead. We have some tough years ahead, but on the other side of those tough years, is a beautiful future. Make sure you live long enough to see it. Put some food aside, learn food preservation techniques.

Just hope we can build a parallel reality fast enough to escape the BS elites are pushing.

They will default on the debt, it is planned. All pensions , 401k, disappear. Food, water, and a way to protect it for a few years, will be needed. For living. the countryside probably better than city. The ubi that will be offered, will only go out to people current on their covid shots. So, I won't be signing up for that. The Globalisats need the war to HIDE the fact the Western financial system is collapsing. That's why they are pushing so hard for it. THey can't afford to have everyone wake up and figure out their family's future prosperity was stolen them, 2% per year, since 1913. People will be angry. Most are clueless. Keep your head down.

We need to stop referring to them as "elite". They are high order psychopaths, the most dangerous apex predators on the planet.

And that's just their good side.

Plus, you cannot zap from them.

скоро будет немыслемое)))

Ты готов?

I've made a living in real estate development and rentals. The game is changing. Gov't policy is turning residential real estate into a shit coin. I know of what I speak. I'm early, but others will follow. Bitcoin.