People who sold their Bitcoin at 60k are NGMI
Gonna outline an essay about Bitcoin and Eggs and how to see the orange truth in both.
Maybe there’s a Bacon and Eggs angle there too.
It just occurred to me that the sheep are going to judge a crisis against their ability to leave their house.
This is the legacy of lockdowns for something as stupid as a fake virus whose existence is still not proven:
1) Lockdowns will forever be a viable option for central planners
2) the absence of a lockdown will make people think nothing serious is happening
This is why a portion of society still hangs on to the Covid protocols - it represents a successful use of power and remains so.
It’s the land of confusion. The ability to focus and see clearly makes one an entrepreneur.
Bitcoin gives people the capital to deploy and implement a clear-headed vision. Some will succeed, some won’t.
Fiat probably also provides camaflouge to operate in plain sight - the drug will wear off and people will eventually realize what happened - that’s when things get interesting
Pura Vida
Human Action is what drives evolution.
The most important driver of our world is the NEXT human action.
Fiat money 1) makes this driver invisible; 2) allows false attributions of human actions to results
Bitcoin makes human action visible and attributable again. Scarce, frictionless money allows us to see human action far more clearly - and creates the conditions for the next phase of evolution - to be discovered
USD is backed by debt slaves who think they have a chance.
Bitcoin’s power on our civilization is similar to that of energy:
1) Potential energy - gained by HODL’ing. This is how ions gain the electromagnetic power to cause the chemical reactions needed for nature to occur. Opposing forces stand across gated channels bringing potential energy to both sides.
2) Kinetic energy - gained when Bitcoin moves from one person to another - the gated channel opens and the potential energy becomes kinetic energy.
HODL’ing and spending. It’s a violent struggle, far from a utopia. Most actions are the best worst action - but it is all emergent and controlled by nobody.
A big chain in North America where there are no standards for mold - in a world where other regions do have that standard - makes it likely for that coffee to contain mold and other agricultural production byproducts that pervert your body’s reaction to it.
It’s not much more expensive to buy a local single origin and be far less likely to deal with those byproducts - the upside of kicking ass with coffee everyday is worth it.
Yes - but we shouldn’t be so easily convinced of these choices or of the finiteness of outcomes.
Holding bitcoin is the most complete coverage for a large variety of outcomes but then there are other assets like health, skill, strength, etc that one can focus on if they aren’t chasing monetary ghosts.
These people lack signal and are not the current set of founders and builders whose strong hands Bitcoin are currently in.
I’m saying todays Diamond hands will be tested when they confront their mortality and we should be prepared for that test.
It’s human nature - the one test Bitcoin hasn’t seen is generational time.
After you clean out - quality coffee with quality water will never cause a physical addiction.
Commit to quality and you can enjoy the benefits forever
Unpopular opinion: Saying you have an unpopular opinion is weak and completely destroys the signal of the person delivering the opinion.
Sack up and say what you have to say. We’re in a war with time preference and don’t have time for your hesitation.
Most Bitcoiners are millenials who haven’t really had their time preference tested by a sense of mortality.
The scarcity of time has not made its way into their mindset.
People think the government is the last test but I’d say it’s the collective mid-life crisis that the founding Bitcoiners will go through.
We have about 10 years to build stronger hands for their corn should they waiver.
To rigorously apply your analogy - HIV is a fiat disease. There are no symptoms and a correlation was conjured to scare a lot of people into experimental medicine.
I would choose HIV and take my chances that my own fitness keeps me healthy.
Would guess some combo of Coinbase, Fidelity, etc.
Would also guess Saylor has personal custody of his own corn.
Pura Vida
Bitcoin is making Fiat money play musical chairs except there’s only 21M chairs for 500 Trillion losers.
19M+ chairs are there now and are nearly al spoken for.
Next year - the number of chairs created every day will cut in half. Nothing on Earth will change this fact!
These losers are not cut out for the waiting game and we’ve been training for it now for the last decade.
We’re going to win!
Because only truth can give a meme it’s power, it’s not relevant whether one thinks their effect is good or bad.
Bitcoin or not - overhauling the food and farming system to regenerative and biodynamic practices will reverse this trend.
Bitcoin stands likely to catalyze this movement as well.
Tofu isn’t food for humans or cows.
Being the best at your craft comes from 1) a personal declaration that you are; and 2) an unwavering motor to face, discover, and address all the evidence in the world that you’re not.
It’s the climb - not the mountain peak.