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The Bitcoin Psychologist
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Psychologist, Christian, and Freedom Maximalist
Deflation is not a bad thing under a hard money standard (#Bitcoin). Deflation would reduce frivolous spending/consumption and encourage savings/investing. Hard money drives lowered time preference and Bitcoin is the hardest money ever created. image
Sound money incentivises saving and investing, which in turn creates ethical incentives for a free economy. Understanding #Bitcoin moves us to think about the future; sacrificing and postponing gratification today allows us to reap greater rewards tomorrow. image
The best thing you can do for your kids is be there. Young boys everywhere are now the target of the state. Why? Because weak men are easy to control and will not provide any resistance. Make sure you are the main influence on your children's values and mindset. image
All human action is based on self-determined value. Culture is downstream from values, and politics is downstream from culture. For the first time ever, we have a currency (#Bitcoin) that can accurately measure value – this is a revolutionary idea and cannot be understated. Up until this point we have been using a broken tool (Dollars) to measure value, it is akin to trying to measure a table with a rubber band. image
There is a crisis of meaning in our society – we have an information overload and shortage of wisdom. Traditionally, wisdom was cultivated through religious frameworks, however, we have gradually destroyed religion in the West. People increasingly turn to social media to find meaning/wisdom which has been disastrous because it is designed to augment our cognitive biases and self-deceptions/self-destructive behaviours. Ask yourself: Who am I meant to be with the time that I have left? image
#Bitcoin is the monetary singularity – it is a closed system with finite supply, meaning it keeps monetary energy forever. The value of every asset will transfer to Bitcoin over a long enough time horizon. image
Why aren't governments cracking down on the cruise ship industry or always on devices? Who decides what is an appropriate and ethical use of energy? I will tell you who should not decide – central planning committees. #Bitcoin is the most ethical use of energy on earth. image
If (BIG IF) carbon dioxide is linked to global warming, #Bitcoin mining may be the best possible tool to incentivise the use of clean and renewable energy. Good for the grid. Good for the planet. Good for the economy. image
#Bitcoin is the best implementation of money that has ever existed. Bitcoin perfected divisibility, durability, recognisability, portability, and scarcity. image
#Bitcoin is the only anti-fragile money that has ever existed – Bitcoin’s defensive capabilities constantly adapt. The more capital that comes into Bitcoin the more incentives there are to protect it. Bitcoin becomes more secure through any attack that does not destroy it completely because Bitcoin is a network of individuals with no single points of failure. image
Stop waiting for your feelings to change to act in your life – act first and notice the changes in your feelings. Slowly introduce some discipline into your life; make the smallest possible change and notice what happens. Consider adding in a 5 minute/day self-care activity, stay disciplined with it, and notice. image
IMO the #Bitcoin bull market has started and the low is in. There are a lot of bears calling for sub 15k Bitcoin who are going to be distraught when we break through the next few overhead resistance levels. image
What do you think this means for #Bitcoin over a long enough time horizon? What do you think it will mean ten years from now, how about 15 years, how about 20 years? image
Your children did not consent to be brought into this world, you took that choice away from them. The best thing you can do for your kids is to get your act together and be there for them. image
In the world of fiat money, human beings must become successful investors just to keep up pace with inflation. What is more depressing is that majority of investors lose money because they are up against time limitations and major institutions with unending resources and whose sole purpose is to take their money. Imagine a world where the value of savings increases over time, which in turn would allow the pursuit of meaning, purpose, and vitality. In other words, we would progress up Maslow’s hierarchy of needs until self-actualisation. For the first time in human history, we have that savings technology – #Bitcoin. image
Wealth accumulation was the driving force that created the civilised society that we all take for granted. Free trade stemmed from wealth accumulation and governments organised around wealth to enforce private property rights. Unfortunately, all human institutions trend towards corruption (men try to get something for nothing), which led to coin clipping or inflation. #Bitcoin is immutable money that cannot be controlled by anyone if held appropriately (self-custody). It is the most self-sovereign asset on earth. Do you want to store your life’s value in an institutionalised theft token called the dollar? image
#Bitcoin is better than gold in every single way: Bitcoin is more portable Bitcoin is more divisible Bitcoin is more durable Bitcoin is more verifiable Bitcoin is more fungible Most importantly Bitcoin is more SCARCE image
#Bitcoin is a black hole of incentives. It is no coincidence that most people start getting their lives together after going down the Bitcoin rabbit hole. Fix the money, fix the world. image
You are what you continually think – Marcus Aurelius Interesting that a man born in 121 made a statement that is completely consistent with our modern understanding of Psychology. Majority of the evidenced based models for therapy train people to manage their thinking in better/more helpful ways that reduce suffering. image