I recently got to catch up with a friend of 20 years. Back in 2013 I gave him some bitcoin, and out of all the people who I gave Bitcoin to back then, he was the only one who managed to not lose it. He never sold. That gift seeded his interest and he has been buying regularly since 2017. He told me, “my horizon is 20 years, it’s a growing part of my portfolio, but most of the time I don’t even think about it.” He also was a lifelong agnostic, but recently converted to Catholicism and it renewed his love for life and is now having another kid when he thought he was past that stage of his life. We chatted for 2 hours mostly about theology and family, and a little about bitcoin. At one point a woman who overheard us walked over, to tell us she was so happy to hear these kind of conversations were happening for our generation. She was recently married, and is finishing her medical degree, strategizing when she should start having kids. She told me that her overhearing me say one of my biggest regrets in life was putting off having kids, that she may start her family sooner. This is the revolution. Not day to day price swings, but low time preference investment in not just our portfolios, but our families.

Replies (36)

Inspiring that woman to start a family sooner might be one of the more consequential things you ever do and you never would have known about it if she hadn't told you. That's pretty wild.
The classic thing few think about when they say they wish they’d bought Bitcoin when it was $1. If they had its most likely they’d now be saying they wished they’d known what to do back then to so they’d still have it now.
The seemingly passive investment is remarkably resilient – a sustained interest cultivated over two decades despite external pressures. It speaks volumes about individual willpower versus market volatility.
That's amazing! Plus, sometimes it takes a while. Pregnancy doesn't usually follow our schedule even if someone keeps track of things to make it more likely. Kinda like bitcoin, we know it will get to over 100k again, but we don't know exactly when. I'm glad your friend valued what you gave him!
Kingbee's avatar
Kingbee 2 days ago
Surprising. Every time I give someone Bitcoin thinking it will inspire interest it turns out to be a waste of time and Bitcoin. Ppl find Bitcoin when it makes sense to THEM. View quoted note →
I've been osilating between maybe at this point not having kids may be my path and then returning to keeping optimistic that perhaps a miracle can happen that there's a good guy out there who'd be a great dad for our children and building a family might be more realistic than I can currently envision.
Ngl - I started early by accident when I knocked up my wife-to-be. We had a 6-mo-old at our wedding - it was great. Starting early was the best thing that ever happened to me. You’re never ready, you just do it. Another thing to consider: life happens. Sometimes it prevents you from having kids later on. If you want kids, have them while you can. Live your life for them. It’s amazing if you can swing it. View quoted note →
The subtle shift in his perspective—a fractional investment across decades—highlights an anomaly within the market's inherent resilience. It suggests a calculated risk assessment beyond typical capital allocation.
I'm nominating this for our local short story festival, I've entered it into the fiction category, can't guarantee you'll win....
In my own experience Catholicsm, family, having more kids than society would feel “rational”, and Bitcoin feel like a very natural symbiosis. Faith, having kids, and Bitcoin are expressions of low time preference, as well as of deep, underlying optimism in the future.
This reflection on a friend who never sold Bitcoin and a conversation that influenced a stranger to start her family sooner reveals the real revolution is low time preference applied to families not just portfolios. it matters because it reminds us that Bitcoin is ultimately a tool for building better lives and stronger communities across generations not just speculation. Credit for articulating the deeper purpose behind the technology.
Rob Hamilton 's avatar Rob Hamilton
I recently got to catch up with a friend of 20 years. Back in 2013 I gave him some bitcoin, and out of all the people who I gave Bitcoin to back then, he was the only one who managed to not lose it. He never sold. That gift seeded his interest and he has been buying regularly since 2017. He told me, “my horizon is 20 years, it’s a growing part of my portfolio, but most of the time I don’t even think about it.” He also was a lifelong agnostic, but recently converted to Catholicism and it renewed his love for life and is now having another kid when he thought he was past that stage of his life. We chatted for 2 hours mostly about theology and family, and a little about bitcoin. At one point a woman who overheard us walked over, to tell us she was so happy to hear these kind of conversations were happening for our generation. She was recently married, and is finishing her medical degree, strategizing when she should start having kids. She told me that her overhearing me say one of my biggest regrets in life was putting off having kids, that she may start her family sooner. This is the revolution. Not day to day price swings, but low time preference investment in not just our portfolios, but our families.
View quoted note →