Oddbean new post about login | logout Scared? No, but I would find it somewhat depressing. There are things I want to bring in my life and the lives of those I love that require Bitcoin's purchasing power to be substantially higher than it is today. Going to 30k will simply delay this, substantially. Shooting up to 300k would certainly not scare me. That would only expedite the process for my family.
This ain't a serious profile, fren. But you can think of the dip as a good chance to stack more sats. It's a win-win situation.
I got plenty of sats. At this point in my life I only work enough to pay the bills. Any extra money I could make by working is converted directly into time spent with family and friends. I do not work to run a surplus anymore, those days are behind me.
I could stop working completely and just live off my sats but .... I will only trade my bitcoin for things that greatly enhance the lives of those I love, and then only at what I consider to be a reasonable exchange rate. $53,000 worth of purchasing power from 1 bitcoin is way too low. Aint no body gettin my sats for that. They going to have to bid it way up. If they bid it high enough then yeah, I'll trade some sats for the things that improve the lives of those I love.