Why 'Stay humble'? \ stacker news ~bitcoin

160 sats \ 15 comments \ @Bitman 16 Jun 2023 bitcoin

"Stay humble, stack sats" This is probably the most common piece of advice given to newcomers when they register and post their bio.

'Stack sats' is the easy part - it goes without saying; however, what does 'stay humble' mean, within the Bitcoin sphere, and why is this advice so important?

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110 sats \ 0 replies \ @Bitman OP 16 Jun 2023

@final, @DarthCoin, @kepford, @tsampa I was really impressed by all of your answers.

I thought that it was a simple question (which I felt might have a nugget of wisdom inside) but I'm both shocked and blown away by the profundity of this - especially as it appears that so many in the space seem to be moving in the very opposite of this.

I feel that the stay humble ’bumper sticker’ - so to speak, might not be enough as a guide alone. More should be written or spoken about, or at least from this perspective of this, as it would give many pause for thought and maybe a 180° turn in attitude - from the arrogance that kepford spoke about.

Big thanks to you all 🧡 Keep educating!

40 sats \ 1 reply \ @final 16 Jun 2023

Staying humble can mean a few things for me.

Stick to your Bitcoin interests and not stick your head for some expectation of immediate returns or for some desire of wealth, profit or capital. You are in Bitcoin for the long run regardless of ups or downs, you are humbled to both bear and bull markets. Think of the ideology not just the currency itself.
Being passive and open-minded to help others with Bitcoin
Being a provider of something other Bitcoiners can benefit, such as discussions or even making an application or a guide.
Keeping your head down and not being a showoff. If you are on the pursuit for sovereignty, don't put yourself in a position where others may feel an incentive to go out of their way to prevent you. Keep a humble attitude and avoid making enemies.

https://bitcoin-truthbombs.com/stay-humble-stack-sats/ https://medium.com/the-capital/stay-humble-and-stack-sats-a39a5951a6ae

10 sats \ 0 replies \ @Bitman OP 16 Jun 2023

Very interesting @final, thanks. That's a lot more than I was expecting. Yup, good stuff. The links were a great source of interest too.

20 sats \ 3 replies \ @DarthCoin 16 Jun 2023

Stay humble:

don't let to see you have x amount of BTC
don't bring attention over you (driving a lambo with bitcoin plates)
don't change yourself just because you have a shit ton of btc. The amount of btc you could have is not important. The knowledge is important.
help others to learn more about btc. Except shitcoin maxis. Those HFSP

0 sats \ 1 reply \ @kepford 16 Jun 2023

The knowledge is so much more valuable than most realize. We tend to think that when we need to use something we will learn but it is hard to do that when you are in a bad situation. When the fiat world collapses many will be wishing they had spent some time to prepare by learning how to use bitcoin.

10 sats \ 0 replies \ @DarthCoin 16 Jun 2023

Yes, knowledge is power. And also once you have a good amount of knowledge, is better to share it, start teaching others, otherwise that knowledge is useless. Teaching others, you will improve also your skills.

0 sats \ 0 replies \ @Bitman OP 16 Jun 2023

Thanks DC. Again, interesting.

I always thought it weird about the swag, and swagger. Never could see the sense in bringing attention to themselves from a security angle.

I guess it can't be helped that the only people who others see are the brash, 'where Lambo' type. I guess it'll only get worse, sadly.

30 sats \ 1 reply \ @Tsampa 16 Jun 2023

Yes, Stay Humble... i think, for fiat they r banks or third party companies to take care of your valuable belongings. But for Bitcoin, you r on your own . So flexing will put yourself in dangers...

0 sats \ 0 replies \ @Bitman OP 16 Jun 2023

Thanks @Tsampa. You're right there's so many phrases - they need unpacking to get to the nugget of truth inside...

10 sats \ 1 reply \ @nymatix 17 Jun 2023

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10 sats \ 0 replies \ @nymatix 17 Jun 2023

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10 sats \ 1 reply \ @kepford 16 Jun 2023

I wrote about this in my post Bitcoin and my kids - A perspective from a father.

The short version is that being arrogant can lead you to not pause and think. Just because you are right about many things doesn't mean you are always right.

Don't be dumb. Don't over extend yourself and get into debt. Stack sats on a regular basis. Don't gamble and try to play the markets. Stay humble. Learn to grow food. Learn to be prepared for the most likely disasters (ie not nuclear holocaust). What are the most likely events that would impact you and your family where you live? Use your brain and seek out resources on preparedness. Teach your kids to be self reliant. Don't raise kids, raise adults.

In the context of your question I would add I try to remember what it was like before I knew about bitcoin. I had dumb questions back then. Being humble helps you help others.

0 sats \ 0 replies \ @Bitman OP 16 Jun 2023

Nice answer @kepford - thanks. I must be great at being a parent too - barely out of diapers and the adult has shone through all these years til the present. Love it.

That 'arrogant' section I found interesting too. Nothing can be further away from wisdom as that...

0 sats \ 0 replies \ @cryotosensei 3 Mar

I have the exact same question recently. What a pleasure it is to search and find your post, coupled with so many great insights.

Will add on the resource bank about humility. Will update you.

Thanks!

0 sats \ 0 replies \ @nym 2 Aug 2023

Welcome aboard!