The Olympics are unfair because only people who have put in thousands and thousands of hours of practice and sacrificed for decades to become the best in world are allowed to compete.
Now I have a machine gun. Ho-ho-ho
Be nice.
You are retarded and an easy block. Bye/
Well I’m on planet Earth and you are too so we’re going around the sun motherfucker. Don’t be obtuse.
It’s 1633. You type “the Earth revolves around the sun” and you get flagged and banned for misinformation.
The lazy lose to the average.
The average lose to the focused.
The focused lose to the obsessed.
I only hold bitcoin now. Don’t need iNForMatiON from clown world anymore. We’ve reached the inflection point. Bitcoin has broken the wheel. Peace.
On November 20, 2017, Bitcoin was priced at approximately $8,200. This marked a period of rapid price increases leading up to Bitcoin’s first major peak near the end of that year.
On November 20, 2021, Bitcoin's price closed at approximately $59,736.89. This value reflects a period when Bitcoin was trading close to its all-time highs of around $69,000, which it reached earlier that month.
On November 20, 2016, Bitcoin's price was approximately $734.46 USD. This period marked a steady price increase for Bitcoin as it moved toward a historic bull run in 2017, eventually reaching several thousand dollars in value by the end of that year.
On November 20, 2020, Bitcoin closed at approximately $18,622.06. This marked a significant price for BTC at the time, as it was during a period of rapid gains leading into its major bull run that continued through early 2021.
The only thing that interests me about price anymore is that classic liberals (open minded, truth seeking, enlightened individualists) will be elevated while egomaniacal, statist totalitarians will be demoted.
Wealth inequality is a great, great thing. Always has been.
nostr:note1yp5s0e6qejy6wzh3rsaterye9a9pd2ee06gnzm4zvp6f4dwxgjyqjjpxz3
Them: crypto is so valuable it’s buying elections.
Also them: crypto is a ponzi with no value.
Celebrate the hodl
Fuck the motherfuckers who looked at me like I was retarded when I was talking about bitcoin for the last 10 years. Fuck them and the horse they rode in on.
If you have more than say 20% of your net worth stored in bitcoin it usually makes sense to go with a multi-sig solution assuming you have a solid strategy. Multi-sig also helps with inheritance.
But even if you store your core bitcoin in multi-sig I’d still have some amount in a wallet where you can memorize the seed phrase just to have it as a worst case scenario.
The most important things are to never store bitcoin on an internet connected device, never create a digital copy of your seed phrase(s), and never signal you are a bitcoin holder. If you evangelize make sure you know who you’re talking to and even then don’t talk specifics around your holdings.
Also have multiple copies of your phrase(s) stored in secure locations like safes and don’t store it all in one wallet.
Services like Casa and Unchained Capital are worth the price if you are in the US and planning to store the bulk of your monetary energy in bitcoin.
I honestly expect most people will use custodial services as banks and other financial institutions get more involved on regulatory inflections. Also custodial lighting just works a lot better. But IMO these would be small amounts of your bitcoin you’d use for transactions or potentially collateral for loans. Never enough that it would ruin you if you lost it.
I managed to avoid getting caught in the Mt. Gox debacle by pure luck. I stuck with Kraken and Coinbase mostly during the 2016-2018 era but still wasn’t hardcore on self-custody.
By 2020 I was convinced that we’d arrived and putting some bitcoin on Voyager to earn interest was safe. I read a piece by nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp that convinced me I was wrong so I pulled my bitcoin back to cold storage and after seeing how easy it was I went and got it all off exchanges. Voyager collapsed a few weeks later. I ran into nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp In El Salvador and got to thank him in person. Saved me about a half million in today’s prices.
Bull markets make us dumb and the side effect is exchanges blow up and plebs get ruined. Self-custody is easier than ever. If you don’t self-custody, please start. If you do, find someone who doesn’t and teach them.
Bull markets are exchange killers. Don’t believe your favorite exchange can die? FAFO