No ones getting rich doing nothing. The lucky times of 1000x returns in short order are over.
Interest and trading schemes on wall street are the do nothing get rich paths available today.
Stat humble, work hard, stack sats. _defer_ your economic redemption for later.
It’s hard to describe how magical the stone of Jordan economy of Diablo 2 was. You just had to be there.
Be happy to
I predict bitcoin mining as a business will disappear, and we’re living through a special era of adoption.
It simply makes too much sense to integrate mining systems directly to power generation. Mining subsidizes energy producers, and the more people that use electricity, the more spread out over power generation systems globally mining becomes.
Mining pools -> Grid systems
I really wish a sat was 10^-9 or -6 a bitcoin.
Oh well.
Its funny, whenever I cross one of those lines, others have to tell me where the lines are. I can’t see them.
Stablecoins are backed by government currencies, so you know their value is stable!
I dont think the bet was “compound continuously at the lowest consistent rate to get to 1 million in 90 consecutive days of green”
If he does win, there will be a week/small number of days of earth shattering volatility to the upside.
Humans can’t monetize information forever.
It’s getting cheaper, easier to share, easier to duplicate, and now with AI, easier to search through and create.
Once I understood it, I have to rationalize keeping any wealth in fiat. Completely flipped the script.
Its exactly the excuse they need to start a cbdc.
“Want a safe place to park your cash? Get an account directly with the fed! Infinite insurance is better than $250k, right?”
From its very genesis, #Bitcoin has understood adversity.
It has honed its edge with repeated hits of a hammer.
It invites its enemies to strike at it, harder, faster!
Stronger with each reverberation.
Singing for the next monumental force needed to configure more perfectly.