TD₿: Bitcoiners: The Future Capital Allocators of the World (a presentation) by American Hodl
TL;DR After hyperbitcoinization, Bitcoiners will have the capital to invest in businesses and people that will help shape a prosperous future for the world.
Hey Bitcoiners,
Many of us have this feeling around Bitcoin that it is inevitable.
I believe this feeling has two origins:
1.) We know that the current debt-fueled fiat system is unsustainable.
2.) We know that Bitcoin is unstoppable code, and there will only be 21 million.
So, as a thought experiment, if hyperbitcoinization is all but assured, that means in the future the bitcoiners of today will be some of the most wealthy individuals on the planet.
It also means that it will fall on us to build the world we want to see by using our newfound wealth to invest in and support our communities. If we just hodl our Bitcoin forever, who does that really help?
American Hodl gave a presentation at BitBlockBoom last year that hilariously explored this idea (08/26/2021).
Every bitcoiner has a stacking goal. But what’s your plan when you reach your stacking goal? What’s your plan when you get to retirement?
It’s better to start thinking about this stuff now so that when the time comes, you’re ready to execute. Low time preference for the win.
Tick tock next block,
Cory Klippsten
PS - You can purchase tickets to BitBlockBoom 2022 here.
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Quote of the Day
“Bitcoiners will soon become the wealthiest people in the world. We are the capital allocators of the next 1,000 years.” - Joe Burnett, Bitcoin Analyst at Blockware Solutions
Meme of the Day
(h/t @gregzaj1)