he’s shared in interviews that he’s not a fan of trusts, charities or succession plans with bitcoin.
trusts eventually will stray from their original mandate, think about if rockefeller would agree with what the rockefeller foundation has done with his wealth all these years since his death. charities are notoriously inefficient/corrupt at distributing donations. giving wealth to successors sounds noble and prudent but statistics show inherited wealth is wasted away by the third generation.
what he thinks makes the most sense is to die with your private keys because you pro rata (evenly distribute) reward every hodler no matter who you are or how many sats you have.
by permanently making the bitcoin supply more scarce by destroying your private keys you are “donating” to every hodler by making their stack more valuable.
pixel lust /
npub1xe…s5467
2023-09-14 15:21:38
in reply to nevent1q…seuz
Author Public Key
npub1xe768m8drvnfzn8wvxtr0pa5pwmn96ug3jy4qsdsfdpvdmvph5hqqs5467Published at
2023-09-14 15:21:38Event JSON
{
"id": "ab1662c8ec2d1f0c6cbb9d70777a358996e0b8fd6b2f7e7d7fbf5f8fe8d8cc3a",
"pubkey": "367da3eced1b26914cee61963787b40bb732eb888c895041b04b42c6ed81bd2e",
"created_at": 1694704898,
"kind": 1,
"tags": [
[
"e",
"2d32829b88f6392cff591c0af45bf21fa98fd6817901bc4e393236a90b19e4a8",
""
],
[
"e",
"dbb2d06f30ed3212a3ef43d43bc4d6f8f824060265ad8bc89b81304b17d73bc6"
],
[
"p",
"a341f45ff9758f570a21b000c17d4e53a3a497c8397f26c0e6d61e5acffc7a98"
],
[
"p",
"08da06fea93d88814f6eef2fb28f339590f34d111f6def5b15236fb50c16cf60"
]
],
"content": "he’s shared in interviews that he’s not a fan of trusts, charities or succession plans with bitcoin.\n\ntrusts eventually will stray from their original mandate, think about if rockefeller would agree with what the rockefeller foundation has done with his wealth all these years since his death. charities are notoriously inefficient/corrupt at distributing donations. giving wealth to successors sounds noble and prudent but statistics show inherited wealth is wasted away by the third generation.\n\nwhat he thinks makes the most sense is to die with your private keys because you pro rata (evenly distribute) reward every hodler no matter who you are or how many sats you have. \n\nby permanently making the bitcoin supply more scarce by destroying your private keys you are “donating” to every hodler by making their stack more valuable.",
"sig": "7833e857faf6e084cc171af17c64288ca65e67dfa2282cd4da67dc4656baed77035cb1ea224d1d324a40d9713832296d6abe972a74731e54b97d988a362779ab"
}