Lifelong learner.
Fascinated by Bitcoin, tech & human behavior.
Writing on money, cities & life.
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Observer. Thinker. Educator.
@ZencaGlobal
20+ yrs in strategy & analytics.
Sharing ideas on policy, products, EVs, AI, cultures & practices for a fuller life.
Choosing to live fully — saying yes more than no.
Tips enabled in Bitcoin — proof the system works.
#Bitcoin#LifeDesign#ThoughtLeadership
@JM_speakss@zex_zee The problem most people who use leverage don't realize is that everyone else who buys with cash just has to wait it out for the time it takes to recover. Whereas the person with leverage also needs things to go a certain way in the time it takes to recover. Both are not the same.
@shahh ...a majority of 1000s of anonymous network participants who have put their money where their mouth is, agree on said changes.
And as you wait, make a note of the price today.
And we will see you in 4Y, 10Y, and 20Y.
We'll be waiting.
@shahh Bitcoin is an improved implementation of that concept, where trust on a fixed supply & consensus rules on how the network runs are written in code, where that code is visible for anyone to validate, and changes to code only happen if...
@peaceville147@LarkDavis Time for you to go down the rabbit hole of money, and the concept of store of value, and the reality of inflationary fiat currencies.
Short term, Bitcoin feels like swallowing broken glass.
Long term, Bitcoin feels like owning the printing press everyone else is being robbed by.
The chart goes up. It goes down. It makes grown men cry into their Robinhood accounts and CNBC anchors smugly declare the funeral, for the eleventh time.
And then it goes up again.
Further than before. Higher than they said was possible.
Here's what uncomfortable people don't understand: the discomfort is the yield. Every paper handed panic seller is handing their future to someone with a longer time horizon and a colder storage device.
You're not being asked to ignore the volatility.
You're being asked to outlast it.
Because on a long enough timeline, Bitcoin doesn't feel like a gamble. It feels like the only decision you ever made that actually made sense.
Stack sats. Opt out.
@PunterJeff I know you often felt frustrated in the conversation with @coffeebreak_YT, but you were totally awesome!
Coffee, completely respect you for fighting the good fight against scammers, but you have to learn more about money to understand what Jeff was saying.
@Rajatsoni I'm realizing over time that the relationship angle is by design, not accident. I know far too many people who know what's good for their finances but they don't wanna have that conversation, even though they know it's stupid not to. I'm sure advisors know this and lean into it.
@Amar14olety@Finance_Bareek Not necessarily. I know of a couple who bought a villa in BLR for 5.5-6 crore around 2019. Current valuation as per today's rates is between 20-25 crore. They still live in the same villa, instead of selling it and pocketing a cool 1 crore in unlocked returns after rent.
@Finance_Bareek One small correction though - you said 35-40L a year, then said 1L a day, which is true only if you divide by 30 days of a month. But yes, the 1.75C unlock for the year minus the 40L to rent the same place, can get the daily cost of living in your house to around the 38-40K mark.
@Finance_Bareek Completely agree with your pov. Locking up huge amounts of wealth in property that you live in might be good for the social ego but not for the math that powers your finances.
@Digvijay_BTC Agree. People don't realize that QC is dangerous exactly because it doesn't follow the exponential effort curve that classical computing does. If it did, it wouldn't be a threat. It requires a fundamentally different way of thinking about computing capabilities.