With great power comes great responsibilty... unless you have the money printer.

Gross fraudulent behavior is unfortunately incentivized by the fiat system we have. The theft of our resources is bad enough, but what's worse is that all these rent-seekers ultimately end up destroying their souls.

If you're tempted to whine about the current price, don't. Complain enough times and you'll start to believe something's wrong. Then you'll start listening to the haters. Then you'll start to doubt. Then you'll sell. Holding is supposed to be hard. And even little slip ups can lead to failure.

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Bitcoin Tech Talk #481

Interesting Stuff

You don't need to fix the world. You'd probably screw up if you could, not because you're so incompetent, but because nobody has that level of knowledge and skill.

Moderns have spurned family, community and God. The only thing they cling to is life, which is severely debased as a result of their spurning.

There's no place in the rent-seeking apparatus for young men, which is why they'll inevitably become people who add value. Bad times make for strong men, indeed.

ETFs Bitcoinize the stock market, but it also financializes Bitcoiners.

Research and ideas used to require a lot more effort. But with the internet, search engines and now AI, these have gotten ridiculously easy to generate. The difference now is execution, which requires prudence, courage and temperance. Virtue, now, is more important than ever.

Most fiat institutions will die with a whimper. The one that ends with a bang is the one funding everything.