Reminder for me:
1/ Don't care if your portfolio to the moon or not, care about the life-changing opportunities for you and your family. Write down the amount of money you need to change your life and remember that number.
With all the talk on hard wallet saftey, I'll share my own experience
My hardware wallet didn't get hacked. It just stopped working. Nearly cost me everything in it.
I had BTC in an old Trezor, multi-sig setup. Ran a firmware update. Afterward I couldn't sign transactions anymore.
The only thing that saved me was having the seed written down somewhere else.
Ledger has a different failure mode. The screens on old Nanos fade over time.
No readable screen means you can't enter your PIN and no access to the device.
Neither of these is a hack. The hardware just stops cooperating.
That's the part you don't plan for.
So know that you could also be at risk of losing your Bitcoin and crypto if you have it stored in old models of Trezor or Ledger wallets.
Make sure to keep your devices updated and double check that you have the seedphrase backed somewhere. I recommend multi-sig also for security.
This is sad!
You may or may not know, @TrustWallet faced this exact same bug years ago, a pseudo-random number generator, ie, not truly random, $12m in losses. They covered every user.
Software will always have bugs. What matters is who’s behind it.
“If I died knowing that I did what was right or did my best to do what was right and even If in the history books they said I did wrong, I would still feel okay about that, I care about the reality of goodness and not the perception of it”
-Elon Musk
Governments can accelerate Bitcoin adoption.
Governments can delay Bitcoin adoption.
They cannot stop Bitcoin.
Block by block. Nation by nation. Bitcoin advances.
Elon Musk just made an insane prediction.
He says that by 2036, money won't matter.
And once you hear his logic, it actually makes sense.
Musk's argument: money only exists to buy goods and services.
Once robots and AI produce far more of both than any human could possibly consume, the entire premise of needing money collapses.
Inflation is just the ratio of money to goods and services.
If output of goods and services increases by 1,000% while the money created stays below that rate, you don't get inflation. You get deflation.
His actual prediction is that deflation (not inflation) will be the real economic problem of an abundant AI future.
What do you think about this?
Breaking: Chinese company Unitree reveal their "all terrain" wheeled robot.
It’s easy to see how this could be used in military settings.
US & Europe is so far behind China.
For my first post, I’m sharing a letter @NVIDIA signed on why open models matter.
AI will transform every industry, power every company, and be built by every country.
Open models strengthen safety and cybersecurity, accelerate innovation and diffusion, and enable sovereignty.
The world needs both frontier closed models and frontier open models.
https://t.co/AUKzoQ5Ikb
The smartest move you can do is to act broke. Live in a cheap apartment. Keep a simple wardrobe. Ignore their judgement. Stack cash. Build a solid foundation first, and I promise you the harvest will come.
2021: Mining ban will kill Bitcoin
2022: FTX bankruptcy will kill Bitcoin
2023: SEC will kill Bitcoin
2024: Japan will kill Bitcoin
2025: Tariffs will kill Bitcoin
2026: Quantum will kill Bitcoin
At what point will people realize that nobody can kill Bitcoin?