“So you left your job to go full time V4V on Nostr?”
“That’s right, Dave.”
“But you only get zapped a few cents worth of bitcoin per day?”
“Yes Dave.”
“Unbelievable. How do you plan to pay your bills?”
“One sat equals one sat, Dave.”
Discussion
GM, TGIF
I'm reminded of a time his show mocked an NFL player for taking his salary in Bitcoin right before the 2022 crash - implying that nearly all of the Bitcoin would have to be liquidated just to pay its own income tax... as if things like houses, gold, etc aren't often taken as salary without having to be liquidated in order to pay income tax. (i.e. it's disingenuous to assume the recipient didn't otherwise have the dollars to pay the tax).
Meanwhile, that NFL player has recently been taking his victory lap:
🤣 Yea Dave Ramsey has consistently been wrong about bitcoin. I can appreciate the principles behind some of his advice, but he’s out of touch in 2025.
I haven't watched in a while. I agree most of his principles are good. If I remember, they're pretty much all based on a 'study of millionaires' - or something like that. The principle being: if it's not something most millionaires did to get rich, don't do it. That's a pretty good baseline; but, it's also a good way to not recognize a golden opportunity if it's at all innovative.
His principles aren't inherently Anti-Bitcoin, if I recall the latest disciple to The Ramsey Mindset, George Kamel is open to Bitcoin.
The principles of saving, and consistently investing (into a diversified portfolio) is the a tried, and true tested way to wealth reliably, even if in some cases it takes time.
Overall, putting some additional funds outside our of your primary savings, and investing is into Bitcoin is ok.
When you go all in is when your exposure to risk dramatically increases however.
😅😅
I don't want to brag, but I make at least $1.23 a week in zaps..
