Oddbean new post about | logout
 "Thinking it’s 'too late' to get into #Bitcoin is an illusion of the ego." - 
 @HODL

You're not late, you're insecure. Bitcoin fixes this.

New Mailbag Monday just dropped.

https://m.primal.net/Hjun.mp4  
 Best response to the “late” response 
 I'm hopeful you will eventually check your DMs here on Nostr. 
 I think it's more that people don't believe there will be that much upside in the future, that most of the gains are in BTC's history. Late compared to what they could have been. In percent, that's of course true, as zero to any price is infinite percent, but in purchasing power per bitcoin, bar a discovery that p=np or some similarly catastrophic event, most likely not. 
 There is virtually no limit to fiat currency debasement 
 There is a limit.  Once it is so worthless they stop bothering to print make more.

That time will come to all FIAT. 
 It's to late to get into govFiat, but still people do it daily; lol! Cringe ;) 
 Strike servers down? :-( 
 great rip. I hope your dad is a permanent guest! 
 “No coiners” 🤣 
 Tell the no coiners to buy the $50 bitcoin ETFs. lol 
 Please answer this once and for all….

Why do you keep giving interviews in an empty closet? 
 He rents it like the other YouTube heads lol /sarcasm 
 Haha I was just getting ready to ask about the California Closets showroom 
 You’re a bit late if you need to work five years to save enough for a single bitcoin, compared to having grabbed a few hundred for  $0.75
It’s not an excuse not to buy some now but yeah, don’t kid yourself, you’re a bit late. 
 Nope.  If you can still buy it, you are very early.  
 It's too late to get into bitcoin when you cNt buy it with FIAT anymore and have to work for it directly.   That's when you know you done fuq'd up.

As long as you can still buy it, you are very early.  
 Everyone thinks they’re late. I thought I was late at $220 
 I thought I was late, then I realized I still had clothes in my closet. 
 "I'M TOO LATE TO ELECTRICITY" SAID NOBODY EVER  
 Not just trying to dunk on you here, but there were people who were too late to gun powder.  
 I suppose that's a specious argument. most of the folks that missed the boat on gunpowder didn't do it by choice.  
 Nice self analysis.

Commendable.

#growstr 
 Same as nuclear 
 I’m too late to the wheel, though, and it’s a real drag.  
 You’re only late 
if your expectation is to 
put in $100 
and 
be a millionaire by 2025 
 So many people operate this way. Understanding that stacking is a marathon not sprint, is a really tough hurdle for people

They expect to time bottoms and magically execute the perfect entry all at once, then get frustrated when it dips, then they sell at a loss and don’t come back until new ATHs again 😂😭

JUST FUCKING STACK A LITTLE BIT EVERY DAY OR WEEK OR PAYCHECK JFC GET OVER YOURSELF 
 Indeed, but it took just as much if not more to convince people to buy into electricity... 

https://chroniclingamerica.loc.gov/lccn/sn83030214/1920-10-05/ed-1/seq-9/ 
 I thought I missed it for a several years till I heard 'one of those jacks' (  @jackspirko) say  something about early adopters of bitcoin, and noted "and there's still time to be one'. 
He then went on to discuss what percentage of techies and what percentage of anarchists etc had bitcoin. A small segment, of small demographics.
For the other old-heads like me, it's like bitcoin is at the "scrreeeeech screech... you've got mail!" segment of it's existence. 
So yea, in all likelihood you'll end up with less value in bitcoin than Jack or Jack or Jack, but it's still the BEST asset you can hold, and there's absolutely NO reason not to start now.
Sure, you missed something... but you'll STOP missing as soon as you start converting your fiat to bitcoin. 
 TrueTrue 
 You are not late or early. You are right on time. 
 YES 
 usually they refer "beeing late" - to the price, but same people "were late" at 30k, same "are late" at 70k 
 It's never late to preserve and grow your time value. Problem is still not that people don't understand bitcoin, they don't understand fiat.  Once you understand the inevitability of fiat, bitcoin will immediately make sense.

nostr:note1azldgmkj6y5qn3y37muntvpc3euklp9ugdh6d5aqvhysypeqpzasz6rz6q  
 If you think you're "late" to bitcoin then you're right on time to watch your fiat melt away.  
 How timely that was my most recent video for my Normie friends and family😁🤣 https://youtu.be/SWyDGZX3qHY?si=js0ybj8Onn3E4dEa 
 💯 
 Spot on! 
 We are the SOURCE of our environment. 
#bitcoin 
 Yo this mailbag Monday has an error in podcast apps. Won’t let ya download, just a heads up! 
 You're not too late, just right to fix the money 
 Error on Apple podcast for me 
 
nostr:nevent1qqsw30k5dmfdz2qfcjgld7f4kqugu7t0sj7yxmax6wsxtjgzqusq3wcprpmhxue69uhhyetvv9ujumn0wd68ytnrdakjuct4qgsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqrqsqqqqqpdvng8q 
 These are wise words that  @jack mallers says 👏 
It's never too late to learn something that will make you safer 🛟

nostr:note1azldgmkj6y5qn3y37muntvpc3euklp9ugdh6d5aqvhysypeqpzasz6rz6q  
 It’s like saying “I am late to TIME” 
 nostr:nevent1qqsw30k5dmfdz2qfcjgld7f4kqugu7t0sj7yxmax6wsxtjgzqusq3wcpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzp382htsmu08k277ps40wqhnfm60st89h5pvjyutghq9cjasuh38qqvzqqqqqqympek75

nostr:nevent1qqsw2nma5suftzgwcxk2lrh8q9tdcw7d7n3sguna6aycf00yx7txaqgpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzq3dn25suxy49mfxz2krs8t2tu0fwd5yvsyj4z52v0g0t026l5rcyqvzqqqqqqyf894uu