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Cameron Vaské
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Just a zillenial reflecting on legitimacy, trust, and democracy. Sometimes I think I know things.
Replying to Avatar nat brunell

I’ve had more people reach out to me shaken in this cycle than even in 2022 (when Bitcoin went down 75% from $68k ATH to $16k!) saying they’re panicked, they sold, or they’re suddenly “not sure” about Bitcoin.

Some bailed into gold because they still want to stay on the hard money train. Some are convinced quantum computing is about to “break” Bitcoin. Some tell me I’m reckless for being so undiversified with my life’s savings.

I understand the fear. Drawdowns aren’t fun. They can mess with your confidence and your timeline…especially when the mood is this dark (and when your income is tied to the same asset you’re holding!).

But here’s where I’m at: Bitcoin is still the only life raft worth holding and helping other people find.

My mom gets $900 a month in Social Security. Who can live on that? That’s not a retirement plan - it’s a slow economic strangulation.

So no, I’m not in Bitcoin because it’s some thrilling get rich overnight scheme. I’m in Bitcoin because I don’t see another path that gives everyday families like mine a real shot. I didn’t get in early enough to be “set.” I’m still building. Still working. Still trying to protect the people I love in a system that keeps making life more expensive!

I haven’t lost faith….not because I’m numb to this volatility, but because the problem Bitcoin solves hasn’t gone away.

If you’re shaken right now, you’re not weak. You’re human. Just don’t confuse a bad market mood with a broken thesis.

Keep going. Zoom out. Do the work. Take care of your family. I’m doing the same. We’ve got this.

Love the positivity and message. What meagre life savings I have mustered are in Bitcoin, too—beyond my IRA retirement investments. Easiest to recall for myself that this isn’t the value I need to care about—it’s the one 10 or 20 or 50 years down the line to borrow against for a home or actual retirement.

Just got done with Dave Walker’s “America in 2040: Still a Superpower?” A really good and authoritative read on America’s fiscal future, oversight challenges, and an inside perspective on reform efforts.

Below is a link to the author’s webpage for the book.

https://americain2040.com/

A few takeaways:

- Durably reforming and improving fiscal policy (and governance, generally) requires careful needle-threading and broad-based popular support built on common understanding in good faith;

- When presented with the actual problem sets (including in fiscal terms), Americans are not only willing, but eager to undertake hardship to achieve sound governance and a better future; and

- The existing ‘tools’ to course correct from within the oversight, Congressional, and civil service have become tangled up in political quagmire such that solving through small d democratic or small r republican methods individually seems unlikely—a combined approach seems necessary.

Curious what the Nostr community thinks:

What is one principle or value you think America promises that it doesn’t fulfill (or fulfill well), and why? What’s important about that to you? How do you think we can or should recover that?

Fair enough! To what would you (anybody here) attribute this? Inflation, greed, ‘brand-like’ dining price hike or something else?

Fair. But also… that looks like fresh squeezed Valencian Oranges 😍 And that is actually a pretty penny (of value), on the flip side.

Hello! Good to be here—definitely out of my element in technical terms, but I’m all for finding ways to fix the institutions and make them work the way we mean for them to. Here to learn (and share what I think I know). One thing I think is that sound money is a core base layer for an effective democratic republic. And since Bitcoin does that—I’m in!