Trying to do so myself. Did you find a btc related gig or are you already semi retired?
Have you tried passport?
Surely you must have peeled some off your stack to satisfy short term human desires/needs (house, car, etc…).
While it gets harder, that’s only logical because humans have a finite lifespan. Money (aka bitcoin) is a way to buy real life goods/services, it has no intrinsic value unlike an apple I can eat.
As you get older, and closer to death, it makes sense for one to buy real world goods as opposed to saving for some payoff in the future as the future has already arrived for that individual.
Hmm I don’t know if that’s entirely true. You need to look at other factors like living expenses and cash flows because those relate to your volatility tolerance.
If the ten bitcoin are all your assets, you must sell a small piece weekly/monthly to pay your bills (assuming no other fiat cash flow). I’d argue for someone in that situation, having a hodl forever stack and then using some portion of the 300k for living expenses may be more logical.
Should be 14 seconds.
I wonder how much of your thoughts and beliefs are tied to the happenstance circumstances of your entry into bitcoin vs others. From my very possibly faulty memory from podcasts, you purchased many bitcoin over 6/7 years ago. And have sold many along the way (for a house is one specific example iirc). You are likely a millionaire many times over with whatever coins you haven’t sold along the way.
Now compare that to someone who learned of bitcoin in the last 2-4 years. Perhaps they have a liquid net worth, through diligent savings, of 300,000. Is buying 10 btc with that savings the right call? It’s a much tougher decision when it’s all of your net worth to buy a “small” amount of bitcoin. While your experience was one of buying perhaps hundreds of bitcoin for a relatively smaller % of your net worth.
Hopefully bitcoin continues its growth upwards in price. Not sure it will at the same rate as it did over its first decade, but I am betting on it increasing dramatically.
Overarching point though is that your conviction is because you’ve been made rich and iirc retired off your bitcoin windfall. So your position is of course biased by the timeline of events you experienced, which likely will differ from someone else entering the space later.
Please don’t take this to be a, oh you’re just lucky response, it isn’t that at all. Nor is it one where I don’t understand the pain of hodling through the 80% drawdowns, I’m personally in my second one. It is hard, but rewarding. But not for everyone.
Check out confessions of an economic hitman.
The corporate overlords who are the modern day slaveowners would never allow someone like this to take over. Coca Cola/McDonald’s/CPG food would arrange for a little accident if he actually showed any promise of winning (which he won’t)
Some of the texts in case one lives under a rock (or solely gets news from fox):
In private text messages Jan. 4, 2021, Carlson said he was done with Trump and his unfounded claims of a rigged election.
“We are very, very close to being able to ignore Trump most nights. I truly can’t wait,” he texted an unidentified person.
“I hate him passionately. ... I can’t handle much more of this,” he added.
Carlson’s private texts starkly contrasted what he had been telling viewers during his primetime show.
“We’re all pretending we’ve got a lot to show for it, because admitting what a disaster it’s been is too tough to digest,” he wrote in another text message, referring to the “last four years.” “But come on. There isn’t really an upside to Trump.”
Probably because of his actual thoughts/feelings about trump that came out in discovery during the lawsuit. He stated he hates trump and said the four years of his presidency were wasted with nothing accomplished.
That doesn’t play well on a network that realized from the backlash of their viewers when calling Arizona for Biden, they must wax trumps balls to survive.
Peter Schiff has entered the conversation
But none of that bitcoin is tied to America per say. Those institutions and especially those individuals could get up and move at any point, particularly if draconian measures are taken against bitcoin in the states.
The last two presidents (Biden and Trump), who happen to control the justice dept, have expressed they dislike bitcoin and I would doubt the next two will be any different.
This is certainly true for most people, especially those with jobs.
But for business ppl, the IRS can’t figure it out without having all of your data (revenue, expenses, etc…) so it would be a dystopian nightmare if the IRS could tell you what you owed in advance.
Instead they trust that businesses will pay their fair share (which they largely don’t) and audit a tiny percent of lower income earners and squeeze more pennys out of them while the rich (who have the power to influence them) escape any real accountability.
There is a nice piece of paper though (constitution) which is selectively ignored but serves as a nice thing for avg folks to jerk off to when they need a nationalist orgasm.
Should do some reading on americas real history. Overthrowing peaceful democracies around the world to serve their own selfish interests and typically installing brutal dictators who will serve their needs.
It’s a terrible history ranging from the founding (mass genocide of native people of the land), overthrowing a peaceful Iran which was very progressive and creating the backwards religious fanatical state that exists today, to the too many to name atrocities in South America.
America now exports its inflation to the world now after it already raped and pillaged for natural resources.
The world was fine without America for all but about 250 years. It was fine. Don’t inflate the importance of a single country/people. It hardly matters at all.
Stupid question that’s probably been asked many times. But if one whirlpools with samurai and does not touch their doxxic change, are you claiming you can ‘undo’ the privacy gained from the coinjoin?
If so, can you provide some examples?
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Would love to know if you guys have any thoughts after reading this:
Try increasing your cold wallet gap limit a little (Settings, Advanced)
Inconvenient truth