378 sats \ 6 replies \ @k00b 14 Jun \ on: Do you think of Bitcoin of your "last chance" of "making it"? bitcoin
I think of bitcoin the asset like a life raft if anything, something that might protect me in very specific circumstances. Otherwise, I prefer to live as if I don't benefit from bitcoin the asset. In part because I think wealth dulls the senses and tends to make people aimless and hollow in purpose. The only comfort I want is knowing that I'm not going to fall into the fire under my ass. I don't want a life free of fire.
The only comfort I want is knowing that I'm not going to fall into the fire under my ass. I don't want a life free of fire.
This is awesome -- I'm going to steal it.
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It's no small thing to figure out how much fire is the right amount, though.
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How long have you been cooking? That would give a sense of scale.
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Since moving to Austin ~4 years ago, I was boiling until we raised a bit of money. Now I'm simmering again. I think you can simmer indefinitely. And I think you can sustain a rolling boil for a couple years if you're confident you'll escape it.
If I had enough wealth and didn't want to dowse the fire, I'd probably try to put it into a trust. Bitcoin is like a poor man's trust.
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I think bitcoin's volatility helps us treat bitcoin this way too. If it can go to zero at any moment, I can't count on it as my last chance. It's a chance at financial security/freedom, but our last chance is always ourselves. We are the only thing we have any control over. Our last chance is always us being awesome.
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