Been lurking for a while but I finally pulled the trigger. Proud owner of .05039 bitcoin. I'm 46 and at this stage in my life I'm more excited to say I own Bitcoin than I am for the inevitable moonshot. Let's go!!!
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Wednesday, 16 December 2020
It boggles my mind so many of us are cheering on traditional institutions buying unfathomable amounts of BTC, instead of being vigilant and wary.
There is simply too much greed and too little sense.
BTC survived 2017's attempted coup, but that will not be the last time they try. And next time, those attempting the coup will be much more sophisticated, with deeper pockets, a thorough understanding of BTC's protocol and its weaknesses, a paid army of programmers and private keys to large quantities of BTC, if not the majority of it. For all we know, someone somewhere already has a plan and is laying the groundwork for it. I say this because even though code and math cannot be bought, corrupted, imprisoned or executed, the people and institutions that write them can.
The closer we are to the moon, the more dangerous and treacherous the road gets. We need cautious optimism, rather than allowing our greed to lead us to blinding euphoria.
Which is more important; that we individually become wealthy, or that we collectively have BTC endure in this world?
More vigilance, less trust.
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