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2024-08-29 19:36:43

bitcoincuracao on Nostr: "It’s been amazingly freeing because I don’t worry about my investments, mostly ...

"It’s been amazingly freeing because I don’t worry about my investments, mostly because I don’t have very many. I’m on a Bitcoin standard and I keep my value in my unit of account." — Jimmy Song
BTC Investing vs. BTC Standard
https://jimmysong.medium.com/btc-investing-vs-btc-standard-31281b4c0dc2

In this piece, Bitcoin developer Jimmy Song explains the distinction between investing in Bitcoin and adopting a Bitcoin standard.

He argues that transitioning your unit of account to Bitcoin alters how you view money, investment, and economic value.

Furthermore, he proposes that under a Bitcoin standard, we're liberated from the constraints imposed by arbitrary investments and the relentless pursuit of inflation prevention amidst a sea of rent-seeking individuals.
Author Public Key
npub16chg6ppwpr4pmkxz92v8jjqkztvhysdc2tl3kgx29xpay45l57wqpgvghv