Oddbean new post about login | logout Radical sovereignty. Radical leverage. Radical connection. Orgs are great when you aren’t in touch with the people you want to support. Our devs are *here* and you can talk to them and support them directly. Whole point of BTC imo.
I can’t figure it out for the life of me. Why would people give their precious sats to a middle man. Laziness? Lack of trust in themselves and their ability to decipher value? Like you said, we have a direct line to the people building the future we want to see and be a part of.
Rich people do that! They just know that there is a dedicated team who have been in bitcoin for a long period of time that can figure out to whom to pass this sats. Plus don’t forget that for the big donations you can write it off on your taxes.
Yes, I understand the tax implications and understand what wealthy people do. I’m referring to small nobodys such as myself. For me, the tax savings are not worth giving control over to a board, which may not be aligned with my objectives.
Same!