Oddbean new post about | logout
 A fascinating read.

As a cautious optimist, I hope that the same discernment and discipline it takes to build one’s Bitcoin position will be deftly deployed to exit one’s Bitcoin position.

For example, ‘too much’ Bitcoin will not be left to inheritors if they show little potential to handle their riches in the ‘right’ way.

As for those who failed to acquire a life-changing amount of Bitcoin before ‘hyperbitcoinization’, they’ll still benefit from the expected societal benefits. 

Missing out on Bitcoin is tough but it’s much better than the current system. 
 The argument that a rising tide lifts all boats in a Bitcoin world. The orphans will still gain Societal benefits is a compelling one.