wachtwoord

Would indeed be hilarious if he turned around and threw it as a 1.4B limit buy order at 100k I indeed see nothing yet about not being allowed to buy Bitcoin anymore for the treasury. I didnt look in depth and only looked at news articles but the only public policy measures affected I saw are:

Well Bukele seems to have yielded to IMF demands at least in part: https://finance.yahoo.com/news/el-salvador-scales-back-bitcoin-035746971.html

A fool and his money ...

None of those are anonymous. You just change WHO can know and for how long (blockchain is immutable). Monero is private when used well (within limits). Otherwise cash (envelope in the mail?).

My man, who cares how long this private company saves your data? The blockchain's public and forever and you likely bought your btc KYC.

Pseudo-anonimity is the intention here I hope. Otherwise Bitcoin's a bad choice for that as well.

I wouldn't personally use on-chain transactions for amounts lower than thousands of USD equivalent. You can use lightning if you must pay in fiat but why not follow Gresham's law "bad money drives out good" and spend bad money (fiat) instead?

If they didn't see it coming they lived with zero empathy since 2014. What was done since NATO vassalized Ukraine in 2014 to the Russian culture's in the east was horrendous and couldn't stand. I was disappointed that Putin waited as long as he did. He though he could negotiate with the untrustworthy imperialists (NATO). Hopefully Trump does something major (like discontinue NATO, but I doubt he will as it gives the US a lot of power).

If it's a lot of work for your particular psychology (don't mean you in particular of course, but in general) best get to it! Much better than any skill you can learn and translates to almost any context. It's imperative to realize what you should take personal responsibility for. Relative freedom fully depends on relative independence.

As I said: that's really really easy. At least relative to the level of advisor you are likely to get (and again: no you cannot pick an above average advisor unless you also have the skills to do it yourself). Putting everything in VT or VWRL beats the average advisor. Hell it beats 80%+ of the advisors and that's before considering their cost.

Coach for teaching me a skill sure when that's more effective than teaching myself (so exception with all sources available these days). So that's time constrained by definition. Not to do the thing for me. That only makes sense for the very low end skill-price side of the spectrum eg cleaning (which I still choose to do myself but that makes sense) and the very other end of skill specialization (eg surgery or doing the electric wiring in your house).

No those things are hard (and surgery can hardly be done on oneself even by those skilled). But using experts for things that are relatively easy is a cop out.

Showing up yes. Getting the trainer no not really. Just a form of monetary waste and intellectual and/or disciplinary laziness. Or do you think going to a restaurant instead of cooking yourself is discipline too? And that makes more sense cause making certain dishes can be really difficult to make and some ingredients cannot be bought (or not cost efficiently at least) in small amounts. I mean: sure if you know yourself and without the personal trainer you won't work out sufficiently and you dont feel like you can fix your discipline than sure, hire one (know thyself). But that's circumventing the consequences of your own lack of discipline rather than discipline itself.

Lol you have a personal trainer? Just do it yourself ... If discipline is thd problem: get discipline. You need it for everything in life.

Trading? I thought this was a value investing forum. I certsinly dont have an edge trading anything. I buy things I consider undervalued by the market and hold them. Indefinitely if needed. Only reasons to sell are if its no longer undervalued, consumption and balancing the portfolio (trading returns for a (perceived) reduction in risk). This horniness for "experts" (self-proclaimed or society proclaimed) is what's wrong with society/people. Take responsibility and do your own thing. None of the experts are going to be as alligned with you as you, half of them are below average by definition and most things are easy enough to figure out if you you do it yourself and keep it simple for yourself. I always told people that allocating 100% to VT or VWRL beats 80% of the financial advisers if not more (and picking an above average advisor is as hard as learning to solve the problem yourself) so anyone can do it. Just make the hurdles low enough for yourself to clear. Many examples of this exist in societ up to ridiculous levels. Eg if everyone thought for themselves barely anyone would have taken the covid shots falsely marketed as vaccines. Yet in reality most did, especially those higher educated (but not the PhDs funnily enough). People are simply scared as hell to be responsible for their own choices. When things go south they want to be able to say "I followed the experts" and receive social support rather than blame or ridicule for having dared made a decision themselves. Only those of us who care more about making correct choices than what others think of them have a shot at making such calls correctly. And few will praise you for it, calling you lucky. Be your own disciple.

But Bitcoin is the "something useful/safe"

Jfan recently re-shared an analysis I shared here a long time ago: I suggest you read it but the short of it: ETH is worth orders if magnitude less than BTC. So any valuation it has ever had, including today's, is a vast relative overvaluation.

I wrote that ... Just less than anything else except Bitcoin which is simply better gold on all metrics that matter.

They do. They are also unlikely to an extreme degree. I'd say a 6 sigma event for each of them. Eg look into quantum computing. It's quite unlikely to even be possible with the laws of out universe at a useful scale.and even if it is, it is by far the most likely that it's a gradual development rather than an overnight thing. It wouldnt take more than a few months (mostly political and logistical) to roll out Bitcoin update too. So indeed a 6 sigma event is needed for that to be dangerous in the slightest (overnight quantum computers at scale). The only real consequence is that really old addresses (think Satoshi's million) can potentially become possible to take ownership of relatively cheaply/easily. That alone won't wipe out the value though.

Losing ownership. Either due to not holding the keys yourself or due to holding the keys but not properly and safely causing you to either lose access or be stolen from.

Protection of purchasing power. Equity and real estate have an enormous history of being seized or otherwise stolen from the owners. Gold the least out of all of these, plus it's the most portable out of whatever location it is in. Of course it is beaten on all of these by bitcoin, but definitely not by equities or (much worse) real estate. Real estate is really the last thing I'd want to "own" (between quotes as you cant really own it, gov can force you to give it up whenever it likes).

That REALLY depends on your metrics of valuing it as an investment and your timeline. I'd argue gold's been the best store of value on the planet. Been .... until Bitcoin came along. Also wrt intrinsic value: please define it. I consider anything which value is based on fiat currency cashflows to have zero intrinsic value. Bring in the Zimbabwean and Weimar Republic's wheelbarrows with cash! I guess you have nearly the opposite definition of me so a discussion using this term would go nowhere.

Of course. As said, I'm not pro republicans, I'm a libertarian (the real kind, very rare sadly). Trump isnt a republican and will cause far less damage. A good leader is impossible: no good person would want it. I'd argue the left is currently much much worse. They control discourse through harsh and extreme censorship combined with the development of Orwellian newspeak designed to make the minds of the populace incapable of any type of resistance. Yes: give me the classical rightwing misbehaviour any day of the week as that is extremely mild and non-dangerous by comparison. I strongly dislike Musk as he's a lying, manipulative, non-loyal, hypocritical (his core businesses survive of subsidies for fuck's sake) individual who switches sides like women change clothes but what you write is completely false. He allows all sides on his platform. On a plus side I dont have to make new accounts after he took over as I don't get banned anymore for daring to utter the truth I think I responded to this above already but completely false. The left lies, manipulates, twists, censor's and even destroys how we use language. Again by comparison the right is extremely mild. All they want is power. Arguments are only excuses. The only good way to deal with government is to shrink it and take away it's power. The more power it has the more evil it commits. Trump promised this. Will he deliver? Hopefully at least in part (and even if not, at least left wont make things worse for 4 years and hopefully NATO can finally stop its proxy war vs Russia they claim to be a Russian attack) I'm a libertarian. So not left, right or center. Individuality over collectivism always. Economically that means the left is the mortal enemy (snd economic reality dictates everything else eventually). It doesnt mean the right or center are friends though as most of them are authoritarian too but at least there's a non-authorotarian right. It cant exist for the left by definition due to enforced collectivism at its very core (unless you mean the extreme minority who prefer to live in small voluntary communes. With them I have zero moral issues. I wont elect to join them though, but respect their right to live as they wish as long as they return the favor).

Cause it has little real value and is extremely overvalued relatuve to Bitcoin by at least a 100-1000 factor. At some point the market should start reflecting that.

We traded away from danger. The extreme war monger are out of office. The ones responsible for the horrible Ukraine conflict escalation amoung other things (what they did to Syriah and Libya is unforgivable). Unfortunately Trump showed last time he can be coerced into signing off on such matters too but at least the president himself isn't directly in favor of it himself this time. Also Trump understands China is the geopolitical enemy, not Russia. Russia should be a western ally but I guessthat's fucking ruined now for the foreseeable future. Pushed into the arms of China. Edit: I'm sorry to say, but your comment on free media is just laughably naive. All main stream media is controlled. Freedom of speech is primarily attacked by the left/democrats with their Orwellian "fact checking" (conforming to the government ordained truth which is nigh never the truth in the true meaning of the word, actually quite often closer to the opposite), prosecuting people expressing opinions, trying to criminalize encryption etc etc. They are simply attempting to move to a world where everyone but them is completely and utterly oppressed and loses as individual right or agency. Don't like the republican party either of course (although marginally less bad than the democrats) so no idea what to do after Trump (as he isn't actually a republican at all).