John Balkam on Nostr: Here's the thing: #Bitcoin is a bearer asset. Meaning if you self-custody it ...
Here's the thing: #Bitcoin is a bearer asset. Meaning if you self-custody it properly, it is difficult if not impossible for anyone to confiscate it.
Price action draws my attention just like everyone else, but I often remind myself that the alternative is holding the majority of my wealth in assets that are held by a custodian (a bank or a broker).
That means I would have to put my life in someone else's hands. I would have to trust my custodians with my hard earned money.
Now that we have a hard money that can be self-custodied, we can take our own lives into our own hands.
I don't know about you, but that kind of asset is extremely valuable to me. So the Bitcoin price is interesting, but it's true value is immeasurable.
Don't confuse price for value. Remember what the promise of Bitcoin truly means. Liberty.
Price action draws my attention just like everyone else, but I often remind myself that the alternative is holding the majority of my wealth in assets that are held by a custodian (a bank or a broker).
That means I would have to put my life in someone else's hands. I would have to trust my custodians with my hard earned money.
Now that we have a hard money that can be self-custodied, we can take our own lives into our own hands.
I don't know about you, but that kind of asset is extremely valuable to me. So the Bitcoin price is interesting, but it's true value is immeasurable.
Don't confuse price for value. Remember what the promise of Bitcoin truly means. Liberty.