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Trey
tshodl@nostrplebs.com
npub1m6y9...e2p9
VP, Sales, Unchained | Advisor to Cantilever | FIRE 🤝 Bitcoin | Banker turned bitcoiner: previously Truist, MetLife, Goldman Sachs, Deloitte Helping bitcoiners achieve financial independence and FIRE practitioners understand bitcoin at firebtc.substack.com
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trey 4 months ago
“Invest” doesn’t mean what you think it does. If you’re fine with owning VTSAX to save, and your whole approach to personal finance depends on its value increasing, dismissing bitcoin as “not an investment” because it has no cash flows makes zero sense.
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trey 4 months ago
People assume using money means spending it. In reality, the main use of money is holding it—keeping your options open. Bitcoin is built for that.
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trey 4 months ago
This is the most common argument I see from the Knots folks image
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trey 4 months ago
Global debt keeps climbing. Bitcoin’s supply stays fixed at 21 million. All you need to know.
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trey 4 months ago
The best thing about the Core v Knots ordeal is more people running nodes, even if they don’t fully understand how it all works yet.
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trey 4 months ago
Non-economic actors who want to destroy bitcoin will gladly pay a 4x higher fee for OP_RETURN, but they’re too lazy to bypass the mempool altogether. Make it make sense.
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trey 4 months ago
Financial independence is a spectrum, not black and white.
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trey 4 months ago
This is the most depressing thing I think I've seen on X. The state of personal finance education is absolutely rekt 🤦‍♂️ image
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trey 4 months ago
If you don’t run a node, you have no right to complain. If you do run a node, you have no reason to.
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trey 4 months ago
Money solves the coincidence of wants (apples → shoes) and reduces uncertainty about the future by giving us optionality. Holding money is using it. Spending is just the final step. Saving is using.
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