Orange-pilling progress report ✅
Team meeting today. My employer tells the whole company that cash funds were transferred out of you-know-which-bank, just in time. Everyone will get paychecks. Lucky.
Pulled him aside, asked if he knew anything about Bitcoin, and what he thought about it. He was interested and skeptical. (Note, very smart guy, tech background). Volatility and regulation were his main concerns.
I mentioned how volatility is an inherent quality of a young asset class, but that over the long term there are unique factors that give it a different kind of stability: 21M cap, blocks and halvings, difficulty adjustment.
Then I mentioned the unconfiscatsbility of Bitcoin, and said “if you want to diversify into multiple banks, sure makes sense, but maybe think about Bitcoin as a safer place to hold cash).
I expected major raised eyebrows at best, but he took it seriously. I’m optimistic 🤙
Oh, and my colleague who was in the same room asked me later “so how do you buy Bitcoin?”
Sent her 10K sats on Wallet of Satoshi (npub1hcw…h9rq) and recommended a couple of bitcoin-only buying platforms, and then said “let’s talk soon about self custody”.
Let’s go 🧡💜🧡
bostonwine / boston wine
npub14q…e2q26
2023-03-14 01:17:40
Author Public Key
npub14qz92uedt0a8jte8jqg63jr3s5cc99cej36jh883z6tprlu354uqqe2q26Published at
2023-03-14 01:17:40Event JSON
{
"id": "c8892b3324885ae2e4cf457ed8092e8990aaa17a826574e8d572deac39113c86",
"pubkey": "a80455732d5bfa792f279011a8c871853182971994752b9cf1169611ff91a578",
"created_at": 1678756660,
"kind": 1,
"tags": [
[
"p",
"be1d89794bf92de5dd64c1e60f6a2c70c140abac9932418fee30c5c637fe9479"
]
],
"content": "Orange-pilling progress report ✅\n\nTeam meeting today. My employer tells the whole company that cash funds were transferred out of you-know-which-bank, just in time. Everyone will get paychecks. Lucky.\n\nPulled him aside, asked if he knew anything about Bitcoin, and what he thought about it. He was interested and skeptical. (Note, very smart guy, tech background). Volatility and regulation were his main concerns.\n\nI mentioned how volatility is an inherent quality of a young asset class, but that over the long term there are unique factors that give it a different kind of stability: 21M cap, blocks and halvings, difficulty adjustment.\n\nThen I mentioned the unconfiscatsbility of Bitcoin, and said “if you want to diversify into multiple banks, sure makes sense, but maybe think about Bitcoin as a safer place to hold cash).\n\nI expected major raised eyebrows at best, but he took it seriously. I’m optimistic 🤙\n\nOh, and my colleague who was in the same room asked me later “so how do you buy Bitcoin?”\n\nSent her 10K sats on #[0] and recommended a couple of bitcoin-only buying platforms, and then said “let’s talk soon about self custody”.\n\nLet’s go 🧡💜🧡",
"sig": "1f4fe6cc7585803954f4327fcba03c9d808195a3aa6f0beefa7bfca383b72812e2a9a9cbaeacbc3d4279cf13a95c20e3c12a25eba264105f9cddc30cd9e2ea62"
}