Oddbean new post about login | logout At $220 I told people bitcoin was going to 100k. You would think those same people would listen to me now when I say that bitcoin is going to go from 100k to 50 million. But for some reason they don’t.
Name names. We need to mock the stupid, fat, and weak. It’s the only way they will get better.
These are mainly people I know irl, most of whom I don’t really talk to anymore. We live different lives. I believe in growth and possibilities and they don’t.
Same boat my fren. Same boat. 🛥️ I’m too busy building my own company. It’s a family business. https://image.nostr.build/fe567f6789bdfb764480bd2c960032fb4983aecd7583e6c95234d58ecbcb6c5a.jpg
My father came over. I said Bitcoin is going to 100k He said it’s going to nothing Then he looked at my ticker… I said, put your money where your mouth is and short it 😈
He sounds smart. And wonderful to be around. Is your last name Schiff?
He has a brain tumor that has slowed him down a lot, but he has never been that smart… He also forgets that it’s my silly little bitcoin that bought him the apartment he currently lives in back in 2017.
It baffles me that people, as they age, don't seek out mentors and data sources that have been historically accurate at predicting the future. This is the greatest benefit of aging, you get to bear witness to who was correct and who was not, and leverage that knowledge moving forward. A lot of NPCs out there, they used to be an adventurer like you, then they took an arrow to the knee.
I’ve tried so hard with close family. It is hard seeing the people you care about getting so poor in plain sight and without them even realizing it because they don’t understand how fixed measuring works
for some reason theres a giga bias on expecting things changes. Everyone is expecting a projection of what happened in the recent past projected indefinitly in the future. We call them poors.
Isn’t that a 1.05 quadrillion dollar market cap? Wouldn’t that assume that like 75% of everything is capitalized in bitcoin, derivatives somehow acknowledged by the market price etc… Or I suppose things will inflate to the point where maybe it’s only 50 or 25% of everything which would make a bit of sense…
Right things will be inflating along the way. Total global wealth will probably be 4 or 5 quadrillion at that time.
50!
Yes, the hardest thing for a person is to accept they were wrong. Only intelligent and brave men/women do. 🤦🏻♀️
most people are risk-averse, lazy and\or simply dumb. I've stopped caring. it'll work itself out for them or it won't.
