Guy's Take_095 - When Should I Sell Bitcoin?

Guy's Take_095 - When Should I Sell Bitcoin?

"Ossification is complacency. Yes, we all agree that Bitcoin is great. But _I do not agree_ that Bitcoin has reached its full potential. I think complacency is one of the greatest threats to Bitcoin - we must not rest upon our laurels." — Lopp Bitcoin cro
49 Minuten
Podcast
Podcaster
The Best in Bitcoin made Audible. Guy Swann makes the knowledge of Bitcoin, the world's most secure, independent money, accessible to everyone. Exploring Bitcoin from an investment perspective, economic analysis, its philosophical foundations, & techno...

Beschreibung

vor 1 Jahr

"Ossification is complacency. Yes, we all agree that
Bitcoin is great. But _I do not agree_ that Bitcoin has
reached its full potential. I think complacency is one of the
greatest threats to Bitcoin - we must not rest upon our laurels."
— Lopp


Bitcoin crosses a hundred thousand dollars. Your Bitcoin
investment has exploded. You're looking at it and all you can see
is how much it's worth in dollars. And so you send your buddy guy
a message and you say, "When should I sell my Bitcoin?" And from
the average person's perspective, I think what is the logical
answer to that question is really difficult to understand.
Because it requires a shift in the frame of what you think is
worth measuring against. The answer could not be simpler. You
don't. You never sell a good money to get more of a bad money.
But since that requires explicitly an explanation and a shift in
framing, I think it's


Time for a guy's take episode.


 


Links to check out 


The Give-A-Shit Matrix
(Link: https://www.youtube.com/watch?v=sHdRT9t1V2E)

Bitcoin: Everything divided by 21 million by Knut Svanholm
(Link: https://tinyurl.com/4srcttrj)

Shelling Out: The Origins of Money by Nick Szabo (Link:
https://tinyurl.com/5yv4c3cc)



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