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Pilot, Bitcoin Pleb

I agree, I’m completely ok with Bitcoin just being money. I don’t have an art or file storage problem I have a money problem, I want Bitcoin to ruthlessly solve the money problem and if that’s all it does that’s fine. I’ll use other tools to solve other problems.

Bitcoiners say gold’s alternative uses such as jewelry and electronics detract from its ‘moneyness’. If we want Bitcoin to stay the best money we should avoid adding non money uses and data to the bitcoin blockchain.

1) if you lose your bitcoin that’s on you, you should have prepared backups for this easy to anticipate risk. Your loss will serve as a lesson to others. While you work to replace your stack you can plan and implement better storage.

2) I’m ok with letting the lazy starve. I’ll work with others in my family and community to help the others.

With financial freedom comes risk and responsibility and it’s up to you to manage it. Perhaps the lives of some will only serve as a lesson in what not to do.

Remember how folks acted when stocks of toilet paper ran low? Imagine how they will behave when they finally grasp Bitcoin.

So Greyscale lost half their stack in 3 months, a lettuce hands rookie mistake. At this rate they will be nocoiners by July.

Hi Matthew I really like the content you create on the bitcoin power law and comparison of currency sizes. How about plotting the bitcoin log price versus time on a log scale (block time or regular time)? A power law would be a straight line in log-log right? Anyway keep up the good work. Cheers

Provide value to others. Spend less than you earn. Save the difference in bitcoin. Use an automated DCA provider like Strike/Swan/River and periodically withdraw to cold storage (hardware wallets like Cold Card or BitBoxO2 are good). Don’t use leverage, have a >4year time horizon, don’t trade, don’t try to earn yield, run a node. Chill.

Things will be lit when it gets to zero. Imagine not being able to trade worthless fiat and get bitcoin anymore, the only ways will be mining and providing valuable goods and services.