Oddbean new post about login | logout I’ve considered the trojan argument but that’s hard for me to believe given his history with CIA and the military industrial complex. I just hope bitcoin doesn’t end up being another 401k substitute or s&p500-like asset that normies hold with their employers. What effects will it have on the world if/when they get rugged? How many retail investors are going to take custody of Bitcoin when Saylor doesn’t even custody his own Bitcoin?
Again brother can't fault your logic. I think there will be a group of sovereign individuals who custody our keys and normies will hold it with their bank. I had hoped otherwise but I've seen too many people fail to grasp even the basics. And that's ok imo. Aslong as we keep Bitcoin decentralized and secure we can use it as we need. People will get rugged and will learn or not. This is the natural state of things. Winners and losers.
I 100% agree with you. It’s unfortunate but most people are willfully ignorant and they’re going to get rekt over and over again. But as long as the network keeps pumping out blocks, people like us will be fine because we put in the work to learn how to use these tools.
Good convo man. I can understand your pov and reservations better.