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Everything posted by Dave86ch
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Yesterday added to BTC and added and staked to ETH
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Are these the most wealthy and influential ppl in the US?
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In the meantime I hold many more BTC but still interesting
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I totally agree on this point and I'm scared too. I thought many hours on btc and this is one of the few point I didnt find a satisfactory answer too. It's a risk but I think is something solvable during the acquisition journey and the precis path is somewhat uncertain. I saw many improvements in self custody pratices and devices, the beast is adapting and evolving. Alyn Alden pieces are great and the quality of your question and sources you purpose give me some hope for an improvment in the discussion quality.
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No, few of them, enough to ruin the dicussion imo. It is a complex argument tho.
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There was too much noise since the beginning. My opinion is that a qualitative discussion is based on the willingness of the parts involved to brings themeselves to the same cultural level and, only after, debate on a specific topic. It's a shame because a debate is a valuable way to spot reasoning failures. The first thing to do here is understand the difference between a centralized entity and a decentralized protocol.
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I'm just here to say that I recently spent 3 months in the US and this was one of the best experiences.
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The depreciation machine starts running faster after the GFC, exactly when BTC was born.
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Few Gwei Ethereum and staked at 4% APY
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Added to Bitcoin
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Added COIN, small long term position
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Most of people has the same attitude towards stock investing, it's simple because humans are greedy, this doesnt imply a lack of ingenuity and wealth creation overtime. You are going to see, what you are focus on. For that reason investing in my opinion is intellectually risky, too much focus on price charts and too little about what is behind it.
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I start a journal where I meditate on Bitcoin and its evolution, I find it intellectually more exciting than obvlius bet like BABA, FB or BRK which are my main position in my portfolio. However my BTC position is also growing over time. https://dscompounding.com/2022/12/16/bitcoin-diary/
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I buy regularly trying to balance my portfolio. I don't pay much attention to the news but yeah, good news and thank you for sharing!
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Every asset is empowered by a narrative, in other words myths. BTC narrative, because of the instrinsic property of the tool, it looks stronger and it is growing faster than many other, like the US Dollar. It's a trend not a point in time, I will never convert all my money in BTC because I see a trend not the future, this trend is a network which looks anti fragile and growing. The narrative of the swiss franc is neutrality, bank system, social stability. I'm swiss and what I see is side with team america, loss of bank secrecy and competitiveness, money laundering. BTC is my opinion is a promising network growing network backed by a strong myth, maybe the stronger.
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Added to 9988 $BABA
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Added to 9988hk Alibaba
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Waiting for an AR interface coupled with an artificial influencer who knows you better than yourself, who takes the feminine shape your like the most, the voice you like the most, the word you like the most and its marginal cost is 0. That's because he/she/it analyzes your heartbeat and the micro movement of your eyes. https://instagram.com/lilmiquela?igshid=YmMyMTA2M2Y=
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Indeed, they don't need a PT anymore. Yeah, it will take time, because those "professional figure" will fight to preserve their undeserved pay check, but still, their extinction is unavoidable.
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added to META added few COIN which is a small position
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A money laundering mechanism, for istance?
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Ppl can't get the difference between a centralized company which defraud tons of people in order to finance dem and decentralised protocols which are tools. Time to buy BTC.
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The exit option and the bank for bankless are already here.
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Warren and Charlie exploited a completely different environment, their approach was amazing for their time, A time where the United State was an hegemonic power able to growth without limits thanks to motivated people, a population in good shape to exploit through huge marketing campaign and the economy of scale, globalisation, the status of reserve currency which permitted the US to devalue its currency and accumulate a huge debt pile. Many industries gained traction but in the meantime ruined and exploited the citizen at the point that they become ill (obesity trend is frightening, the trick of use tons of sugar to destabilise insulin and force people to eat more has reached its limit), and exploited the planet at the point that we exhausted our physical resources. The idea that the price of something is dependent on the value it brings is also correct (according to Aesop). not so obvious which society we are talking about and the terms of this value. Now we have internet platforms with half the population of the world on board, the more the time passes the more ppl identity and social graph are tied to a new metaphysical reality which has no border where the concept of production is not necessarily physical and the concept of identity neither. We still need scarcity because scarcity brings incentives and we need custody because in a fully interconnected world, giving a single person or a single entity the power to own the data of an entire planet is a real threat to our survival. Other than that we need a tool to collaborate in a trustless way in this unbounded digital world. "Sapiens can cooperate in extremely flexible ways with countless numbers of strangers. That's why Sapiens rule the world, whereas ants eat our leftovers and chimps are locked up in zoos and research laboratories" Sapiens, Harari As the ants when the resources in a place are depleted they look for new places and new resources, the same holds true for investors.