Niko πŸ“š Sovereign Individual's avatar
Niko πŸ“š Sovereign Individual
OmniFinn@primal.net
npub1905c...3w9x
Full-Stack Publisher A citadel begins with a library: bitcoinbook.shop πŸ“š Book a free call and get your words out: starfishbook.com
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OmniFinn 2 months ago
DM me to be one of the first readers. Especially if you'll try to break it 🧱 Looking for experts in economics, history, philosophy, psychology, anthropology, praxeology, and law. It's a first-principles economic treatise called The Way of the World. Published with @`Konsensus` later this year. Follow @`Niko πŸ“š Sovereign Individual` and @`Konsensus` for updates! image
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OmniFinn 4 months ago
HODLing: a strategy so passive that a corpse can execute it flawlessly.
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OmniFinn 4 months ago
Got fired? It is your lucky day! You are now free to pursue YOUR vision, not your boss's or the CEO's. Your technical ability, it turns out, was easy to replicate and replace. But no no one replace your vision. It was always your edge.
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OmniFinn 4 months ago
Harsh reality: Nobody cares about YOUR craft. Except you. Everyone else cares about how your product will profit their lives. No one needs you to be Artisan coder Artisan writer Artisan architect You need that. So do your hobbies in your spare time, make money by being useful.
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OmniFinn 5 months ago
Money is a constraint set. The constraints determine the outcome. This is the single most important idea in monetary economics, and it is the one most often buried under ideology, sentimentality, and confusion. Gold is hard to dig out of the ground, hard to counterfeit, hard to transport across oceans. These are constraints, and for five thousand years they produced a particular kind of economic behavior: careful investment, patient accumulation, and a natural resistance to the concentration of monetary power. Fiat currency is easy to produce, easy to expand, and easy to direct toward those closest to its source. These are different constraints, and they produce a different kind of economic behavior β€” the kind we live under now. Bitcoin is hard to compute. That is its constraint. And the economic behavior it produces is something we are only beginning to understand.
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OmniFinn 5 months ago
Bitcoin does not guarantee prosperity, but fiat guarantees poverty.
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OmniFinn 5 months ago
If dead men can HODL, then what are you doing that they cannot?
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OmniFinn 6 months ago
Everyone dreams of a bitcoin standard overnight. Reality: true change takes decades. The play: build products, solve problems, create businesses that generate real cash flow, using bitcoin as a tool for monetary sovereignty. Delayed gratification, generational impact.
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OmniFinn 1 year ago
I will take artificial intelligence over real stupidity any day of the week.
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OmniFinn 1 year ago
You can get 28.6 ounces of $gold with a bitcoin right now ($btc price 76189$). The #bitcoin #ATH was in November 2021, when you could get a whopping 37 ounces of gold with a single bitcoin. So today's price is about 77% off the ATH, meaning we need to see 98946$ to meaningfully speak of ATH.
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OmniFinn 1 year ago
A friendly reminder that we are still far away from the #bitcoin 2021 ATH. image
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OmniFinn 1 year ago
Listen up. #Bitcoin is not scarce (for the majority). Let me explain. Bitcoin will not be scarce to most individuals because they won't care if it's held by a custodian or if they have control of their keys. This will keep real bitcoin prices suppressed. Those who value self-custody can accumulate real bitcoin at a discount while the ignorant majority engages in a game of musical chairs. The situation won't be much different from the current #fiat system, except for one crucial aspect: the possibility to opt-out. Bitcoin offers an alternative for those who want to escape the legacy financial system. Most people will never care how their money operates, just like they don't care about the inner workings of their cars. Number go up, but it's mostly due to bitcoin being denominated in hyperinflating fiat currency rather than the immediate adoption of hard money standard. We're unlikely to witness hyperbitcoinization during our lifetimes. So, take a breath and remember that bitcoin's path to widespread adoption will be gradual. Don’t worry about missing out on bitcoin before it "moons.” Bitcoin's true value lies in its potential to disrupt the existing financial system, offering more control, security, and autonomy to individuals. Who even cares about the dollar price? The concept of scarcity in bitcoin extends beyond its trade value. It's about having sovereignty over your finances and securing generational liberty. In conclusion, bitcoin's scarcity for individuals will be determined by their time preference, level of awareness of and desire for self-custody. Stop waiting for the rocket ship, stack in silence, wield your freedom… and build the moon. image
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