Been listening to Balajis’ rationale for his $1M bet.

Agree with him on everything other than the timeline.

He has 3 pieces of advice:

1. Buy Bitcoin

2. Take coins off exchange

3. Move to a “crypto friendly jurisdiction”

A bit torn on his third piece of advice. On the one hand, yes, it might be easier for us all to move to El Salvador or Texas.

On the other hand, if enough Bitcoiners stay in their home jurisdiction and push for individual liberties there, we may have a better chance at Bitcoin winning worldwide, rather than just in a few isolated areas.

Open to any thoughts you all may have on this…

Legacy bank proof of keys day!

#[0]

I’m in a coffee shop listening to a guy working behind the counter ranting about the time he got a phone call from a scammer demanding to be paid in bitcoin through an ATM.

I probably won’t get involved in his conversation, he doesn’t sound like he’d be particularly open to getting zapped today.

Looks like all the current bootstrap relays in damus are banned in china. I will add a configurable bootstrap relay list for those inside the firewall that still have access to damus

I think it’s ironic. That people put their money in banks, “to keep it safe“

🤡

I think it’s ironic. That people put their money in banks, “to keep it safe“

🤡

Good morning all! 🦦🫂

😂🤣😂🤣😂🤣😂🤣

Those is the fight. The hardware and education needs to be on point so these retards don't buy this crappy paper Bitcoin. How we win.

#[0]

The reason that $1M per Bitcoin sounds too low is because I know how many coins I have and how few I will ever sell. I also know how many people can have as many coins as me based on the max supply. And I also know there are people with many more coins than me but think the same.

One of the best quotes in Bitcoin history for me is from #[0]​ because I live with it everyday:

“Holding Bitcoin is simple, but it’s not easy.”

Everyday I’m faced with the consequences of holding an asset which personally will make or break myself, my family and my child’s future. Everyday I’m faced with an altered fiat reality where I have to reassess if I’m still protecting my families future or holding onto something that is a result of my insidious echo chamber. It’s not fucking easy. I’ve been doing this for 10 years now and a huge portion of that is a mental struggle because you have to fight your emotions — I have to constantly drown them with information, data, opinions, and try my best to make sure I’m hearing balanced arguments to ensure my thesis is still valid.

So basically yea - holding is simple, but often requires significant mental fortification even for someone who has been around for 10 years now.

The reason that $1M per Bitcoin sounds too low is because I know how many coins I have and how few I will ever sell. I also know how many people can have as many coins as me based on the max supply. And I also know there are people with many more coins than me but think the same.

Good morning my nostriches