Oddbean new post about login | logout You do not buy #Bitcoin to *make* money. You *sell dollars* into Bitcoin to not lose purchasing power over the long-term. If you're buying Bitcoin to have more dollars, you do not yet understand it. Or dollars, frankly. UPDATE YOUR DENOMINATOR.
Yes, but the crypto industry is extremely volatile with zero laws and institutions to keep your assets safe. Also, and this is extremely terrifying, it's preyed upon by greedy CEOs like Sam Bankman-Fried who will take everything you've got because they have 💯 % access to everything you've got. How you get over these hurdles? How do you invest safely? Most people know very little about crypto except that it's risky and scary.
Yes, there is a lot of nuance to learn. First, Bitcoin only. Altcoins are a scam. Crypto is a scam. See photo. https://image.nostr.build/e8b0d35276230d87c2059c5a6c5c2ff3decdb6dc26922aaa8c3a4763366cfed4.jpg
