NSmolenskiFan on Nostr: Luke Gromen nails it. Many people would rather be certain that they will lose money ...
Luke Gromen nails it. Many people would rather be certain that they will lose money slowly (by pretending monetary debasement doesn't exist) than take slightly more risk to make money slowly (by waiting through volatility).
This is a fundamentally fear-based approach to life. It is also the mindset inculcated and rewarded by the fiat standard.
The ability to take reasoned risks is the backbone of all economic growth. And there is no such thing as certain preservation of wealth. If you refuse all risk, eventually even what you have will be taken from you.
#Bitcoin
This is a fundamentally fear-based approach to life. It is also the mindset inculcated and rewarded by the fiat standard.
The ability to take reasoned risks is the backbone of all economic growth. And there is no such thing as certain preservation of wealth. If you refuse all risk, eventually even what you have will be taken from you.
#Bitcoin