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2024-05-25 05:59:41

sms on Nostr: Quality Investing on a #Bitcoin Standard I don’t invest in #BTC I save my money in ...

Quality Investing on a #Bitcoin Standard

I don’t invest in #BTC I save my money in the best money.

I price opportunities in #Bitcoin…and one day it might look like a smart idea to invest my sats, but I have yet to see that day.

I haven’t seen what would be considered responsible and sustainable business practices when priced in #BTC.

I’m not sure how I’d self custody my share of whatever I was investing my #Bitcoin in, why would I invest self custodial #BTC in something that had third party risk?

It might seem like a good investment on paper, but it’s only paper. I don’t see much difference between this trade off and “send me 1 #Bitcoin, and I’ll send you 2!”

The uncertainty of these ventures goes beyond just third party risk.

DO YOU KNOW HOW MANY OF THESE COMPANIES ARE AUDITED EVERY 10 MINUTES?!??

0!!!

Sounds like a flight risk to me, I think you can get away with a lot of unethical behavior when you aren’t audited every 10 minutes.

My stance is as firm as the ancient oaks, rooted deeply in the soil of financial sovereignty.

I’ll just keep saving my money in the best money until something seems worth my while. IF something seems worth my while.
Author Public Key
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