Been listening to Balajis’ rationale for his $1M bet.
Agree with him on everything other than the timeline.
He has 3 pieces of advice:
1. Buy Bitcoin
2. Take coins off exchange
3. Move to a “crypto friendly jurisdiction”
A bit torn on his third piece of advice. On the one hand, yes, it might be easier for us all to move to El Salvador or Texas.
On the other hand, if enough Bitcoiners stay in their home jurisdiction and push for individual liberties there, we may have a better chance at Bitcoin winning worldwide, rather than just in a few isolated areas.
Open to any thoughts you all may have on this…
alanbwt / Alan ₿ Watts ⚡️
npub1r0…puzz3
2023-03-26 16:08:22
Author Public Key
npub1r0fj5wr200n0dz9nm37ysrhuy8xeg66ratq5hf960q62caaz8e5sqpuzz3Published at
2023-03-26 16:08:22Event JSON
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"id": "5c70b105fcc8d584364d65810cc8de5430130788d6d3505fb47707be004d0798",
"pubkey": "1bd32a386a7be6f688b3dc7c480efc21cd946b43eac14ba4ba7834ac77a23e69",
"created_at": 1679846902,
"kind": 1,
"tags": [],
"content": "Been listening to Balajis’ rationale for his $1M bet.\n\nAgree with him on everything other than the timeline.\n\nHe has 3 pieces of advice:\n1. Buy Bitcoin\n2. Take coins off exchange\n3. Move to a “crypto friendly jurisdiction”\n\nA bit torn on his third piece of advice. On the one hand, yes, it might be easier for us all to move to El Salvador or Texas.\n\nOn the other hand, if enough Bitcoiners stay in their home jurisdiction and push for individual liberties there, we may have a better chance at Bitcoin winning worldwide, rather than just in a few isolated areas.\n\nOpen to any thoughts you all may have on this…",
"sig": "fe8a57f1c8c33c50c5a07554f79920c6acd726467b5b34d66cd21e288b29a44409c77090fd6332fc0c74ff6e2efa51c6d7a67d8fa2aa88d55d4df837ed657953"
}