Oddbean new post about | logout
 The balanced Bitcoiner portfolio:
https://image.nostr.build/8ccf3214da1f7f05c797239489cd6ece9d5cd4804a4b6a823e4c302bc3eb0458.jpg 
 I like the leverage from MSTR :) 
 “I’m all in Bitcoin!”

“You should really diversify”

“You’re right. Just took 20% of my portfolio and bought some MSTR, MARA, RIOT, and a few S21s. Thanks for the advice!” 
 Well I have some Bitcoin miners in the portfolio too.  
 MSTR? 
 How do I send shares of MSTR p2p and across borders so I can pay got coffee in a third world country? 
 You can't, but a lot of us have retirement funds stuck in the TardFi system. 
 Lol I know. Same 
 yeah... good thing I'm getting old.   I can start regular withdrawals to a DCA service... convert a lot of it to corn before I'm forced to 'retire'.  😉  
 You serious? 
 It's a joke, see how they're laughing? 
 Aha 😀. 
 I personally like 100% self-custodied BTC since MSTR just dilutes the underlying asset pool in my opinion. But everyone should just do what they think is best and not worry too much about how others choose to save their money/time.

Thinking about it, I suppose even I have real estate holdings that provide me with nice places to live and other forms of personal property that enhance my existence. Financial decisions are after all best made by those impacted by them. 

Yet another reason why I can’t stand the concept of government. 
 20% confiscable. 💣 
 I respect Saylor’s speculative attack on USD, but buying MSTR just entrenches you in the financial system under their control. It’s a trap just like the ETFs. 
 A lot of us have retirement funds stuck in TradFi 
 I might be wrong, but don’t you just need to pay a small penalty to extract your funds? Last time I checked it was a 10% penalty for some accounts (which presumably you won’t notice as BTC moons). 

I definitely understand that the US tries to trap you in their system. My friend just surrendered a green card to avoid the trap. Hopefully you’ll find a way to extract yourself. 
 Nothing is stopping them from GameStopping the MSTR.

At some point, they will have to.

Then, we will hyperbitcoinize. 
 We know the government is capable of seizing all the bitcoin held by MSTR and the ETFs. They already did it with gold (executive order 6012). 

Don’t worry, they’ll say, we’re paying you in USD for what it’s worth. https://image.nostr.build/05d9bc5b043866f266ae9e68e7245c1bbf008d834c0da120f244bd3a85f48013.gif  
 Still not even 1% Monero, Jameson? 
 Perfect diversification 
 🤣🎯 
 2% in LN channels and 98% on chain. 
 Add a couple bitcoin mining companies for the trifecta! $IREN $RIOT