My initial impression of that billboard was:
>>>>>>".....it doesn't look good.
It looks violent....." <<<<<
With that translation.. the contents make more sense to me.. and I don't really disagree with the basic message... even though the implications regarding how does any of us get to "HODL" status, seems to be more than a minor detail... Yes, the idea of HOLD.. implies buy and accumulate and it even implies not to sell..
but yeah, still nuance.
but yeah, the devil is in the details
but yeah, many of us (and perhaps an overwhelming majority) are not born with a silver spoon in our mouths, and even if we are "born with a silver spoon" we likely need to be able to get from a point in which we have little to no bitcoin into a point of having "enough bitcoin."
It should go without saying that the point of "halving enough bitcoin" is not the same for everyone, yet from my point of view, it does not hurt to repeatedly talk about "how much bitcoin is enough"....
the essence of the battle
(Perhaps, somewhat of an internal/existential battle?)..
How much?
Define being rich…
HODLing to gain more Fiat?
Naaaaah, that’s not the way.
Of course, in my years in bitcoin, I have frequently been disagreeable to any ideas that attempt to refuse to consider the value of fiat when figuring out the value of bitcoin.. and for sure, we have in the ballpark of less than 1% bitcoin adoption, and I would argue that even within those who have bought some bitcoin, many of them are underallocated to bitcoin in terms of how they might be thinking about how to hold bitcoin.. (of course there are folks who are overallocated to bitcoin, too.. sometimes referred to as hoarders.. but overallocation versus hoarding is a matter of degree, no?.. and from my point of view the hoarders/overallocated ones are not really representative of those who hold/are invested in bitcoin) and so part of the difficulties in trying to flesh out these concepts includes the other fact that normie newbies who are coming into bitcoin (whether starting out as no coiners, precoiners or low coiners), do not necessarily need to invest a lot into bitcoin in order to experience the hedging benefits of being able to profit and potentially become rich as fuck from investing into bitcoin and they might not even need to take a lot of risks, in terms of how much of their total investment portfolio that they put into bitcoin as compared with other assets that they might have in their investment portfolio.
No matter what, it is likely that we have to value bitcoin in terms of something, and it seems a wee bit retarded, or maybe detached from reality, if we just value bitcoin in terms of itself, even though their is a bit of abstraction if we might value bitcoin in terms of deferred gratification which is to value future self in comparison to present self, so then in that sense, one BTC (or even a number of satoshis) today is quite likely to have more power and value in the future in terms of what it might get.. whether we are referring to purchasing power or other ways to assess its future value as compared to its present value.
So then part of the key to becoming richie
relatively speaking from dee cornz is to figure out the fine balancing spot regarding how much to be sufficiently aggressive/assertive without ending up recking ur lil selfie. hahahahahaha Need I say more? Don't be too whimpy, either.. hahahahahaha
looking at you Biodom.
Define being rich…
HODLing to gain more Fiat?
Naaaaah, that’s not the way.
you always go poor
with inflational fiat
say it isn't so
#HODLSLEEP
So yes..
Gotta agree with this one.
We have a known variable.
Fiat is going to lose value... but that still does not answer any question beyond spending your fiat before anything that will be losing less fast.
when 26k?
Soon
tm
Poll
