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Bastiat’s grandson

He’s partially correct when talking about fiat capitalism even though his statement as to what the world needs is questionable. Also very telling is the fact that he approaches it directly from a “we need to control” point of view.

#bitcoin capitalism would be vastly different. There would for once be a perfect money giving perfect information about what is needed and worthwhile.

I’d gladly be proven wrong of course. With the #nostr group of people you’re not immediately flamed by posting something like this. We need to question everything we’re being told. The history of WW2 is often condensed to the period 1939-1945 however the story starts WAY earlier. It’s not as if the Germans woke up 1 morning and thought hey lets kill all the Jews!

I have a hard time unseeing all the atrocities of WW2. I understand how Germany came to stand up to Britain and France after WW1 and that was what sparked the conflict. However portraying Hitler as a visionary goes to far.

Will demand for self custody #bitcoin be greater than etf held bitcoin over the long run?

Replying to Avatar Jacopo Graziuso

When the code remains intact but the perspective changes.

There is a misconception that reassures many: as long as the code does not change, nothing can really change.

It is a convenient idea.

But it is also incomplete.

Because technologies do not only exist in protocols.

They exist in the way they are interpreted, described and used.

And above all: in the way they are made socially acceptable.

Bitcoin, from this point of view, is no exception.

We tend to think that technical neutrality coincides with moral neutrality.

That an infrastructure, if formally correct, is also ethically unassailable.

But morality does not reside in software.

It resides in the social context that surrounds it.

The code establishes what is possible.

Culture establishes what is legitimate.

Bitcoin can function perfectly even if its narrative changes radically.

And this is where the real problem arises.

The risk is not technical corruption.

It is the ethical normalisation of foreign logics.

Bitcoin was created as an infrastructure: open, verifiable, impersonal, indifferent to status.

But it can be progressively portrayed as: a tool for tax optimisation, geopolitical leverage, a strategic state asset, 'responsible' infrastructure only if mediated by elites.

In this shift, Bitcoin ceases to be a social good and becomes a resource to be administered.

It is not banned.

It is reinterpreted.

The difference is subtle, but decisive.

The most profound social change is this: Bitcoin has shifted from being a tool for individual autonomy to becoming infrastructure managed on behalf of individuals.

When Bitcoin is primarily framed as a financial product, a complex technology for experts and a potentially dangerous tool to be monitored,

The implicit message is clear: it is not for everyone; it is for those who know how to use it 'correctly'.

This gives rise to a new form of delegation.

Not technical, but moral.

The individual is no longer responsible.

They are protected.

When protection replaces responsibility, freedom becomes a concession.

At a geopolitical level, this change is even more evident.

Bitcoin is no longer just seen as neutral infrastructure, a distributed network and a global protocol.

Instead, it is now considered a lever of international pressure, a potential strategic reserve, a tool of competition between states and an object of selective regulation.

In this scenario, the question is no longer whether Bitcoin should exist, but who legitimises its use.

Who can safeguard it?

Who can broker it?

Who can claim it is 'safe'?

The risk is not direct control.

It is symbolic fencing.

Bitcoin continues to function.

Blocks are still being produced.

Consensus continues to emerge.

However, its social significance could be rendered meaningless.

There is no need to shut it down.

It is enough to render it compatible with everything it sought to distinguish itself from.

The code resists.

Culture does not, unless it is safeguarded.

Bitcoin does not change when the software changes.

It changes when we stop asking ourselves what its purpose really is.

The technology survives.

Responsibility only survives if it is chosen.

Choose.

Choose.

Choose.

#choose #bitcoin #responsability #software #network #change #social #function #controll #freedom #perspective #code

Thank you for the well written piece. I’ll have to ponder about it in the coming days.

Was there something in the Epstein files about bitcoin?

So can they can work for the deepstate or any back door organization. I rather just not have these people at all.

Be flexibel.

Have wealth you can easily transport.

Have different passports.

Have different employment options worldwide.

Speak 3 languages.

Don’t own, rent.

Use nostr.

Read books.

Talk to people you trust.

Focus on family.

That’s it. That’s what I’ve done and I was just your regular employee with a family, a mortgage for a semidetached house and a 10 year old SUV.

You can do this.

Centralizing yourself or your assets in a decentralizing world is a bad idea.

This is a magnificent idea. Food inflation is a real problem and it takes a lot of time and energy to consciously battle every day. Both for an individual consumer as for the producer. Make real food normal again!

Replying to Avatar StackHodler

Bitcoin wealth levels and primary focus:

Stage 1: You have less than $1 million worth of BTC

Primary focus: Capital Accumulation

Get to $1 million worth of BTC as quickly as you can.

Today that's 8.69 BTC.

Soon it will be 6.15 BTC.

Then 1 BTC.

Stay laser-focused on your business until you bank your first 7 figures.

Do not waste your finite time and attention thinking about trading in and out of assets at this level.

You should be stack-only.

Focus on being useful to others like the robots are coming for your job.

Because they are.

Don't think the path you're on will get you where you need to go?

Then change your path.

Channel your efforts into opportunities with uncapped upside and use various forms of leverage (personal brand, AI tools, code, relationships) for non-linear growth.

Just remember: Working harder isn't the answer. You can accelerate your capital accumulation if you work smart.

Just make sure your upside isn't capped.

One unit of input should lead to multiple units of output.

And your work should ideally compound like your assets.

Where to start?

Helping other people make more money in their business is a good rule of thumb.

E.g. AI is a new tool that few people know how to use effectively.

So help them leverage AI in their business.

There's a million niches within that one obvious idea.

You can figure it out and make anything happen.

If you want to.

Stage 2: You have between $1-$5 million worth of BTC.

Primary focus: Capital Allocation & Preservation

At this point you should increasingly focus on your own investor psychology, mindset, and risk management.

You have some momentum at this stage.

Keep it rolling.

Keep stacking Bitcoin and milking your personal cashflow.

But realize that you're closing in on escape velocity.

And your main job is to not screw it up.

BTC's 40-50% CAGR means you're looking at adding $400-$500K to your net worth on autopilot.

When taking taxes into consideration, that's like earning close to $1 million per year in income and saving all your after tax income.

Something that very few people ever manage to do.

This is the point where your BTC starts to make money faster than you likely can through your own effort.

Which means you should shift a portion of your time into mastering your investing psychology.

You need to be mentally prepared for likely market scenarios.

You need to have a plan.

You need to know yourself, and know how you'll react when volatility strikes.

Do you need a cash pile that helps you sleep at night?

How long of a runway do you need to not panic sell the next dip?

These are questions you must address.

You're on your way to generational wealth.

And you cannot afford to screw up at this stage.

Stage 3: >$5 million in BTC. Escape velocity.

Focus on Time Allocation.

Many people in the fiat world don't see $5 million as "enough" to retire.

But that's because inflation is usually outpacing the returns of their "safe" investment portfolio.

But if you have $5 million in BTC, you're adding ~$2 million to your net worth each year, and it's compounding (as long as you have a long time horizon).

You can spend $20K-$25K a month and still watch your wealth accelerate.

At this point, you should take a minute to recognize that the future is uncertain.

AI and robotics will soon change everything as we know it.

And you will never have as much time as you do now.

At this point, you need to be deliberate with how you allocate your time.

Imagine you only had 5 years left to live; would you be spending your days as you are now?

What would you change?

You've essentially solved the money problem.

Now your focus should be on how to live well in a way that doesn't require extreme extravagance.

That way when you get to $100 million net worth in the next decade you know how to enjoy your good fortune without relying on ever more money to do so.

Find activities that you enjoy and that you can compound over the long-term.

Do things that make you feel alive and don't lead to a "hangover" later.

Prioritize your health and family.

Congratulations, you've won the money game.

And your reward is that now you get to pick a new game to play.

Choose your next adventure wisely.

You sir are still the best Bitcoin motivational writer. I left X a year ago and specifically missed your posts however here you are! Found you again. Made my day. Thank you.

I’ve left twitter for about a year now. I reacted in depth to something concerning my profession wherein I have 20 years experience. The amount of hate I received just for raising a critical view was unbelievable.