I used to harbor a deep, structural prejudice against Bitcoin. It was a mix of arrogance and the subtle conditioning of the state apparatus. I thought I was financially literate—I even arrogantly cited JK Galbraith’s A Short History of Financial Euphoria to dismiss Bitcoin as nothing more than a digital tulip mania. But I owed it to myself to challenge my own bias. I couldn't ignore the fact that minds far sharper than mine possessed a conviction I lacked. That curiosity led me down the rabbit hole—from X to Reddit, and eventually, to @Lyn Alden . Lyn writes like an apostle of economic truth. I picked up Broken Money, and it only took a few chapters to dismantle my entire worldview. I realized my understanding of money was fundamentally flawed. I saw how Bitcoin’s scarcity, portability, fungibility, and divisibility render it the apex predator of value storage—a role gold can no longer fulfill in a digital age. That was the red pill. I dove back into the signal—initially through Bankless, but eventually finding my home in @preston 's Bitcoin Mastermind. The quarterly roundtables with Preston, @npub1s9z7...nszc , @HODL , and especially @less , were a revelation. Jeff’s chart of the S&P 500 denominated in Gold shattered my perception of "growth." It was a moment of absolute clarity: what we call "gains" are often just an optical illusion of currency debasement. High asset prices are merely the receipts for fiat printing. It made me realize that without the constant injection of liquidity, the so-called "corporate growth" curve might just be a flatline. It begs the question: what would the stock market actually look like if we were still on a true Gold Standard? They say everyone buys Bitcoin at the price they deserve. My entry price is simply the tuition fee for the time it took me to wake up. I spent years wandering the DeFi wilderness, speculating on ETH and researching altcoins like Kleros, reading Vitalik yet shamefully ignoring the pristine collateral staring me in the face. But better late than never. I am here now. I am fascinated by the ethos of open-source and freedom. I wouldn't be who I am without the selfless sharing of others in this space. I hope to pay that debt forward—contributing my own signal to the noise to help build a better world. Hello, Nostr. ⚡ #Bitcoin #Macro #Introduction #Plebs #Nostr #Grownstr

Replies (46)

adpot Tom's avatar
adpot Tom 2 weeks ago
Being willing to change one’s opinion of what is true when presented with new facts is one of the most laudable characteristics in this world where so many forces are trying to shape your thoughts. I went down a similar path. I hope we can lower the barriers to making ok to publicly admit a change of heart - to be seen not as weakness but reorienting toward True North. Kudos.
Thank you for sharing. I can relate in many ways. In 2014 I learned enough about it just to be able to use it for certain "online things" ended up making a mess of my life forgetting all about Bitcoin.. Somewhere in between then and now I went through the money Rabbit hole somehow without connecting any dots to Bitcoin. At the end of 2024 i read an article on my news feed about Bitcoin. And I guess that was all it took to jumpstart me and send me Down the rabbit hole. I've been aggressively stacking and learning ever since.
We’ve all been there. 99% are still going through the same steps. Governments, corporations and banks included. They ain’t gonna like it …but we are.
Alvaro's avatar
Alvaro 2 weeks ago
Welcome and enjoy the journey PS. Set up a wallet in your Nostr account to receive zaps
Congrats Now you get to be early with the rest of us while we stare at the chart & wonder why nobody else is seeing it. It's so obvious once you see it but so easily dismissed by people's own limiting beliefs around money. I feel like every day, we're edging closer to experiencing Gladwell's tipping point in Bitcoin adoption. It's definitely a big lesson in patience.
A painful process, indeed. The grip of the fiat narrative is strong, but once the last finger lets go, the free fall feels like flying. Jeff Booth's work is the parachute. ⚡️
Thank you. Honestly, it was a hard barrier to break. The cost of wanting to be 'right' was missing out on what's true. Glad to finally be on the other side.
Thank you for sharing your story—it really resonates. It’s comforting to know I’m not the only one who took a winding road to get here. I'm just trying to stay humble and make up for lost time now. Glad we both made it.
I learned that lesson the hard way. Taking things at face value cost me years of opportunity. I'm definitely adopting 'verify, don't trust' as my new baseline. Thanks for the comment.
Thanks for the welcome! Just fixed the wallet config—ready to participate in the value-for-value economy now. ⚡️
You described exactly how I feel. It’s like seeing a new color for the first time. I'm just grateful that early adopters like you paved the way while I was still doubting. Patience is definitely my next lesson to learn. 🤝
That means a lot, thank you. Admitting I was wrong wasn't easy, but the clarity I have now is worth it. I appreciate the encouragement—it helps confirm I'm finally looking in the right direction.
One of the hardest things to do, is to do nothing. I've held some of my sats for 5 years & I'd love for some of my newest sats to experience the same appreciation. It's such a bitch that your conviction takes so much time to build. Bitcoin has humbled us all to varying degrees. Best of luck doing nothing 😂🫂
adpot Tom's avatar
adpot Tom 2 weeks ago
If only all the Square merchants would turn on the effing btc integration!
The art of 'aggressive inactivity' is a discipline I am just beginning to learn. 5 years of conviction is a badge of honor. Thanks for the 21 sats—the perfect number to start the count. ⚡️🤝
That Eisman analogy is elite. I flirted with buying in 2020, but I realize now that without the conviction this book builds, I would have been 'weak hands' anyway. Position size means nothing without the stomach to ride out the volatility. Broken Money is the anchor. ⚓️