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2024-03-02 11:03:32

matt on Nostr: Hodling Bitcoin will make early adopters richer. No doubt. Many of us already are, ...

Hodling Bitcoin will make early adopters richer. No doubt. Many of us already are, the world just hasn't figured it out yet. But most people will need to produce value for Bitcoin at some point (just like I did, except without the insane growth in savings value from being early).

Money has no value if production is zero. Not everyone can just hodl and be rich. Wealth comes from production, not consumption.

There's no shame in creating businesses that earn Bitcoin. 'Just hodl, bro' is only going to work for a small portion of people.

Do both. Saylor has the right idea in my opinion. Money has to be backed by production of value.

More people creating Bitcoin companies (not saying they can't also accept fiat in the interim) now will speed up adoption and create a sustainable money for humanity.

The business can be anything, not just Bitcoin related. The most important thing is that the world has businesses that are prepared for the shift from a fiat slave world to a free one. Essentially, we need businesses that will survive and thrive on the other side.

Working on this myself.
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npub1l6scds4yv7xmcsmhqnhdy9sggm520q09lvts2m5mkvecgr2mmmeqsuj5rc