First, just to make this known, I'm not arguing that I'm out $400k because I bought the pizza.
I'm arguing that had I not bought the pizza, the coins I retained by not spending them at that time would have made my current stack value $400k more than what it is. Because the only two things I have actually purchased with Bitcoin in my whole life are that pizza, and some gold bullion. Otherwise, I still have all the bitcoin I've purchased from 2011 thru the present.
That means my current stack today would have been worth +4 BTC had I not purchased the pizza. Whether I bought more to replace the 4 BTC is irrelevant.
The bottom line is that my stack is currently 4 BTC less than what it would have been had I not bought the pizza, and that translates to $400k less in value at current prices. That is the totality of my claim, and perspective.
I'd say it was a bad experiment since it didn't reflect the indoor environment. Feeling confined in a shop may produce different results than having blue sky above you while walking among some shelves. I'd say it didn't adequately reflect the actual environment, and is therefore a flawed experiment 😁
I don't think you're retarded. You just have a different perspective, which is totally fine. This is really a matter of viewing the glass as half-empty, or half-full.
nostr:note19quqc5t9w5qr9wzl7e43yjw9hjuj0nt23nkf2afp5marct0f4dzsf5vh5xThose people better never need to borrow a screwdriver, or a cup of sugar. They ain't getting a goddammed thing under any circumstances. Ever.
It's not something that plagues my thoughts, or causes me regular distress. It's just something I look back at with regret. No matter what you have, I think it's kinda hard not to feel some sorta way about a decision that cost you $400k. Especially if you didn't grow up with money.
I've never been cavalier with money, and no matter what I have, I don't think I'll ever be one of those people who wastes money for the sake of wasting it. I'll never be someone who lights $100 bills on fire as a way of showing off. Even if I could afford it. The way I grew up, and what I was taught about money in my youth is still with me. And I think that's a good thing.
I don't like talking about the specifics of my holdings, but I got in back in 2011, and though I sold off a good chunk when it hit $10k, I still have a significant stash that's earmarked for my retirement. I currently make relatively small, regular purchases which I use for zaps and other small transactions, but the bulk is kept in cold storage.
The be clear, I understand what you're saying. The issue isn't my comprehension. I don't agree with your perspective. If I had 100 btc, and I spent 50 btc, even if I obtained 50 additional btc to "replace" what I spent, the end result is that I'm still down 50 btc that I would have had if I hadn't spent it. You can replace the instrument, but you can't replace the value. Even if I got 1000 btc, I would still be down the 50 btc I spent on pizza.
I would still be short the bitcoin I spent on pizza.
Chain pizza is never great pizza
Lol no it doesn't no matter if you replace it or not, you no longer have the resource you spent. If I spend $50 on something, and I later add $50 to my wallet, the fact remains that I would have ended up with $100 had I not spent the $50.
This is getting into some serious mental gymnastics. I had bitcoin that was worth $25 at the time. I spent that bitcoin to buy a pizza. I no longer had that bitcoin. That bitcoin is worth $400k today. Had I not spent that bitcoin, my stack today would be worth $399,975 more that it's worth today. That's really the bottom line.
I did replace with more purchases. But that doesn't cancel out what I spent on pizza. No matter what I did, I would be $400k richer today had I not bought the pizza.
Yeah, he's nostr material. And then we could raise sats to fund his very important work!
I'm usually able to forget about it, but then someone will mention buying a pizza with Bitcoin and it all comes rushing back. Lol
No, that was technically nostr:npub1g53mukxnjkcmr94fhryzkqutdz2ukq4ks0gvy5af25rgmwsl4ngq43drvk when he sold over 5K bitcoin for around $5. But the pizza was the first sale for a physical good.
I'm still traumatized by the pizza I bought with Bitcoin. It was back in 2011, and had I just paid cash, I'd have an extra $400k in my stash today.
This is exactly what the internet was made for.
This guy decided to actually put a bull in a china shop to see if the simile phrase, "like a bull in a china shop" lived up to the hype.
It did. The bull fucking destroyed the china shop. We need to get this guy a grant, because he's doing important science! #article #blog
I don't like unsolicited advice in general. I do appreciate hearing the experiences of other people who were in a similar situation. Like, When I was a similar situation, this is what happened to me, and what I did, and what wish I did differently. But the whole, This is what you should do, or how you should act, and don't do that... I got no time for that.