luxuriouslemur

After all the Bitcoin books you've read, it might be tempting to think: this stuff is great. I get it. I'm a bitcoiner now. But it's not that easy. Just because you agree with the philosophy doesn't mean the roots have fully taken hold on your mind.

"No one is crushed by fortune, unless they are first decieves by her... Those who aren't pompous in good times, don't have their bubbles burst with change. Against either circumstance, the stable person keeps their rational soul invincible, for its precisely in the good times they prove their strength against adversity." - Seneca, On Consolation to Helva, 5.4b, 5b-6 #stayhumblestacksats

2018: Harvard says Bitcoin is more likely to hit $100 than $100K. 2025: Harvard buys $116M Bitcoin at $116K. Everyone gets Bitcoin at the price they deserve.

You can shut down bitcoin simply by shutting off the world’s power grid.

Strategy holds 7 bps of its treasury assets in fiat.