btcschellingpt's avatar
btcschellingpt
btcschellingpt@primal.net
npub1nvfg...e7zd
Bitcoiner Rational optimist #AUStrich OpenSats Bitcoin Brisbane bitcoinbushbash@nostrplebs.com Honeybadger Noob Day Working on https://primal.net/EscapeHatch
New node time Little box quietly validating all 1.1B bitcoin transactions that have ever been sent .. yours, mine, and everyone else's too Don't need to trust, always verify 🤝
GN #AUStriches Reading at the beach is never wasted time 😎 image
Faketoshi failed to appear as required regarding his perjury charges .. image
Savings and spending Savings are the store of excess you create against future uncertainty Bitcoin is the ultimate savings tool As Bitcoin goes through this crazy monetisation process, those savings get turbo-charged Many will find themselves with new and previously unimaginable choices open to them, and to their families and their communities This is where spending comes in Should you have excess savings - beyond your definition of “enough” - then you can now make meaningful change to those lives you care most about Fundamentally you need to search and find what matters to you, and what change you can make in the world, once you’re making decisions without regard to financial impact This is a significant mindset shift The mantra of “never sell your bitcoin” has a useful meme half-life of two cycles: the first where you are still learning what Bitcoin is, and the second where you’re stacking like a crazy person After that, be extremely cautious of those screaching “never sell your bitcoin” at you - they most likely have a product for you There is NO borrowing without risking your collateral In the end .. exactly what part of “permissionless money” are some of these folks not getting?