Saturday, June 18, 2022

The one job of an investor, Bitcoin, debt slavery, and why market crashes are good for humanities future.

I started writing something in response to someone losing their s%$^ over Celsius. It turned into this. And I moved it here instead.

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Decentralisation. As an investor you have one job to do - make a choice about risk and put your wallet where your mouth is. Thats it.

This means you should probably look into what matters for an investment and why it exists.

Crypto is (or was, and after every bust cycles back to being) about decentralisation. If it is not decentralised, you are basically putting your money into a point system someone is running on Excel in their moms basement. They may have a very nice basement, and their mom may publish some good reviews of how tidy they keep their room, but that doesn’t make it decentralised. Banks often have marble basements, very respectable mothers, and even audit how tidy their room is but Bitcoin was created for a reason.

You were told this every 3rd post or so on r/bitcoin.

Crypto is going to be huge, it already is. Even after this drop. It is literally the economic system of the future. Bitcoin will be worth much much more than 100k - how much more is more to do about the dollars risks than Bitcoins.

But before this happens, the wordcel debt scam market has to Darwinian self select out of the economic gene pool. You are seeing evolution unfold in real time, and hey - you participated as it happened. I hope you make it. You were told. Don’t worry, many others will also be told and fail to listen too. I also failed. But learned I could learn, this and time is what it took to recover.

My advice - Survive. Recognise your mistakes. Take crypto seriously. Learn to hate hero’s, personalities, debt and centralised systems. Brands and Name droppers have no place in your life’s attention. They never were your friend.

Earning interest is the slave chains that binds you to the system of debt and inflationary economics and comes at the expense of your freedom. If you have lost a lot of money from leverage or a platform shutdown / liquidity event / rug pull you now understand this in a way that you could not when you skimmed over reading in the bible that usury is bad.

DCA. HODL. Live your life. Never be concerned about using Bitcoin for the reason it exists - to live your life.

You can free yourself from debt slavery by choices you make. The more people do this, the more the world moves away from enslaving ours and our children’s futures for the benefit of the very few.

This is the wisdom of Bitcoin. Welcome to the front line of the future.


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