npub1r5…r4l4m on Nostr: Will never forget how Bitcoin clicked. It was late 2018, and was studying the Fed’s ...
Will never forget how Bitcoin clicked. It was late 2018, and was studying the Fed’s balance sheet in grad school. My head almost exploded when I realized the treasuries they held were purchased with dollars printed out of thin air. Now I see this commonly discussed, but at the time I was on an island. My 70+ year old professor was useless, having been so entrenched in the fiat system he didn’t even see it as problematic. I was so angry. I then fell completely down the rabbit hole, with this insatiable desire to understand what money is. I read Naked Money about 3 times followed by the Bitcoin Standard. But honestly it was those old Erik Voorhees debates with Peter Schiff that finally got me. The panicked FOMO that
saylor (npub15dq…lm5m) talks about when it first clicked for him hit me immediately and I started stacking as hard as I possibly could. It was a singular focus for months. Eventually I lost it all in a tragic boating accident but man it’s been a ride these past 4-5 years. What’s your orange pill origin story?
Published at
2023-03-03 11:54:57Event JSON
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"content": "Will never forget how Bitcoin clicked. It was late 2018, and was studying the Fed’s balance sheet in grad school. My head almost exploded when I realized the treasuries they held were purchased with dollars printed out of thin air. Now I see this commonly discussed, but at the time I was on an island. My 70+ year old professor was useless, having been so entrenched in the fiat system he didn’t even see it as problematic. I was so angry. I then fell completely down the rabbit hole, with this insatiable desire to understand what money is. I read Naked Money about 3 times followed by the Bitcoin Standard. But honestly it was those old Erik Voorhees debates with Peter Schiff that finally got me. The panicked FOMO that #[0] talks about when it first clicked for him hit me immediately and I started stacking as hard as I possibly could. It was a singular focus for months. Eventually I lost it all in a tragic boating accident but man it’s been a ride these past 4-5 years. What’s your orange pill origin story?",
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