Oddbean

Back from Nashville, and after a little reflection, I need to reiterate a message I frequently put out there: kill your heroes. Most of the people talking about the moon, laser eyes, power law, get on zero, digital energy, strategic national reserve, etc. etc., or who are telling you to buy this device or use that service are **buying and selling your attention to make themselves richer** -- they generally do not have your best interests at heart. Think for yourself and don't fall for marketing. Educate yourself about bitcoin, discuss it with people you respect, think critically about the risks, and then, if it makes sense to you, make a sensible investment in it with reasonable expectations, while keeping your larger financial situation and your personal priorities in perspective. I am a believer in bitcoin in spite of, not because of, all of the wild assertions, influencers and aggressive social marketing out there, and it has taken me 11 years to get to where I am. Be careful our there anon, don't buy the hype.

The other problem is that people are easily starstruck and they can't see the outliers who are actually making the future trends. once they find out its "too late" . Early Bitcoiners spotted the trend before it happens, not "after the trend has peaked"

This is what I think: nostr:note16z4dl5as3zjfyrwucwxt97scf6rqtkxh9aslepvheezkzuw0j47s7rgz8y The feds next move is all that really matters. The rest is noise. If you’re looking at any timeframe longer than the next few months just ignore the bullshit people are saying and watch the fed.

Agreed, wasn’t there, but your reflection is always the case, “friends” trying to make money off hopes and promises, focus is key, and while it’s great to build a community, many are out there to exploit it for their own gain, thinking for yourself is key, even in great communities where we are all working together for a common goal.

"Educate yourself about bitcoin, discuss it with people you respect, think critically about the risks, and then, if it makes sense to you, make a sensible investment in it with reasonable expectations, while keeping your larger financial situation and your personal priorities in perspective" ❤️‍🔥 nostr:note1yj9exw6u3r7afuhxsnkw49ukgtn0t2z02ur3xfzun9n8c8tgdwtsar5jjp

Shoutout to @AVERAGE_GARY for actively telling people at the conference to not buy bitaxes from him and to instead go by them from @Solo Satoshi in the Maker space to get them for cheaper 😂🤙 Real recognize real

Most tech savvy people should not have issue rolling there own secure method for keeping Bitcoin in cold storage without purchasing some solution for doing so. For non-tech people, I do see the attraction to purchase something to achieve that goal. Downside it is extremely difficult to find solutions one can trust and then they are missing the core educational piece that is so important to have under your belt. If one skips the educational step, they are going to get rugged at some point.

Here are a few articles I've posted on Yakihonne about setting up and securing a bitcoin wallet. First steps in the Bitcoin Journey https://nosl.ink/w93oJUFi Bitcoin and Cold Storage using Veracrypt https://nosl.ink/tR-ytGP6 Bitcoin and key/value using Hashicorp Vault https://nosl.ink/Qzb6lOt4

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Very good advice. Currently I’m reading as much as I can about the space. I love the peer to peer system especially to be able to send sats instantly to friends in countries where they suffer from hyperinflation such as Venezuela

I wish the conference could curate exhibitors a little better, but I understand they also have a business to run and people are paying for those spaces. It’s a challenge. I would honestly also like to see a more diverse mix of people on the main stage, instead of the same parade of influencers that we see up there every go around.