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Monk Richardson
npub1rm7m...0zsp
Bitcoin education and posts to prevent people from swapping Bitcoin for something worth less than sand (fiat).
MonkBitcoinson 11 months ago
Comment what you think the best way to push this space forward is. To me, holding as much of your net worth in BTC as you can possibly manage is the lever.
MonkBitcoinson 11 months ago
Encourage people to support the Nostr model where creators are directly rewarded by the viewer in proportion with the value they derive from a piece of work! This is the new world if you continue to use it and build on it.
MonkBitcoinson 11 months ago
Don't go to college, or encourage your kids to, unless you have a very good and specific reason for needing to go. I wasted 9 years of my life obtaining a piece of paper from a fiat establishment saying I have a PhD, when in reality I had no useful skills to serve people and be rewarded with money.
MonkBitcoinson 11 months ago
Work on your craft to increase your income and sense of worth. There's no need to become a part time investor anymore since we have a perfectly designed monetary system which stores your value impeccably without debasement or counterparty risk.
MonkBitcoinson 11 months ago
Always stay humble. We all know where Bitcoin is going, work on becoming a better person in the mean time and try to help as many of your family and friends as you can secure themselves.
MonkBitcoinson 11 months ago
Having an average cost basis under 100k will be the new 'early to bitcoin' in 2030.
MonkBitcoinson 11 months ago
The internet revolutionized freedom of information. Bitcoin is revolutionizing freedom to save and spend without intervention.
MonkBitcoinson 11 months ago
'Government funded' really means, we took your money off you by force and are spending it on what we think you want most.
MonkBitcoinson 11 months ago
Selling a US dollar for ~1200 satoshis is a vote for change. A vote much more powerful than any ballot box.
MonkBitcoinson 11 months ago
The most common way people lose their Bitcoin is rushing into cold storage. Take your time and only play with a few sats to begin with
MonkBitcoinson 11 months ago
The price of whatever you want to buy will be cheaper priced in Bitcoin the longer you wait. This is how money is supposed to function.
MonkBitcoinson 11 months ago
Saylor's Strategy burning their keys is not priced in. Your landlord selling up the property you live in to hold the value as Bitcoin is not priced in. The total demonetisation of silver and gold are not priced in. Every millionaire and billionaire scrambling to get their hands on some sats is not priced in. Hold your Bitcoin securely and forget you own it for 20 years. Fortune favors the patient.
MonkBitcoinson 11 months ago
No other investment type will make sense until the global monetisation of Bitcoin is close to completion.
Forego that $20 piece of crap you want to buy and get 25,000 sats. In the future you can buy a year's worth of food for that money. Think of your spending as 'years off your retirement'. That purchase could be a few months to a year!
If you're cheering on government accumulation of Bitcoin you are a high time preference cuck. The longer they wait to do this, the more Bitcoin you can accumulate and the better off you'll be in the long run.
Wear blue light blocking glasses after sundown. You can thank me later for the benefits.
By take profit, do you mean swap your MONEY into speculative paper with numbers on it???