Oddbean

Children will soon use #Bitcoin as their daily preferred currency. What digital native would choose: - trusted 3rd party custody - overdraft fees - permissioned spending & withdrawals - pervasive monetary debasement - deposits as unsecured loans with socialized risk - 3-5 days for final settlement (arguably never) - hours of operation limited to work day - transaction censorship - predatory taxation - jurisdictional limitations - kyc & surveillance "safety measures" - war dollars backed by coercion https://v.nostr.build/dwkPD.mp4

When I met up with my cousin last year, his wife asked me to have a word with their son who “wasn’t focussed enough and coming up to his exams, and he won’t have full choice for university if he doesn’t take it seriously”. He was 17. I did the good uncle thing and asked him how things were going. Response: Well I kinda got over the photography obsession, set up an AI tech support company and we’re growing too fast so employing more people but have another idea so trying to persuade my older brother to take over the reins a bit so I can focus on new dev….. oh and I have some exams coming up but they’re so stupidly easy these days that am not too concerned. I told her he’d surpassed our generation. Don’t be too quick to judge. It’s a common generational trait. You may assume stupidity where a different approach makes you blind to their thinking. Certainly slapped me to waking up on that count