Nina on Nostr: Why is Bitcoin freedom fuck you money? Because it kicks your ass. It's an ego killer. ...
Why is Bitcoin freedom fuck you money? Because it kicks your ass. It's an ego killer. Either you go down the rabbit hole and explore fork by fork or at some point in the future the fomo will get you and you'll do something really stupid.
Choose wisely. 😉
Choose wisely. 😉
quoting nevent1q…quc5Yes Bitcoin is a learning curve and you can put in $10 before you understand much about it.
But would you go all in on Bitcoin if you only understood the basics.
Risk is not what you think risk is. Risk is an inability to judge naivety.
Those who don't understand Bitcoin, believe Bitcoin is risky.
Those who study Bitcoin know Bitcoin has nearly zero risk.
Nobody but Saylor and perhaps a few board members understand $MSTR because, despite it being a public company, only a small part of it is made public.
In my company Densitron, we always knew what the company was and what it was doing and shareholders never did. They can't, they have never spent even a single day inside the company.
Nobody outside the boardroom of a private or public company understands any company.
So I'll ask again, and I'm trying to make you think rather than just give me a stock answer, beyond $10, or a few hundred, or a few thousand, depending on your wealth and personal risk (naivety) level, would you go all in on something you don't understand?
Then the next question, would you put any money in if you knew you didn't understand.
I believe, if you're answering yes to any question above, then this is risk and this is naivety and this means there is little difference between investing in a public company or $HAWK, or Enron or credit default swaps.
However, if the world worked on that model, there would be no investment industry, nothing would get produced and no human technological evolution would happen.
Therefore risk, naivety, is part of the normal investing world.
Bitcoin is different, for me at least.