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Bitcoin is amazing and creates a world of truth and abundance that anyone can decide to join. But once you cross to the bitcoin world, living on a bitcoin standard and so on, you realize that there's nothing better to do with your time and energy than to convert your work into bitcoin and wait.

The Investment Dilemma

The depressing part is that there is no investment or entrepreneur opportunity that has a better rewards to risk ratio compared to just HODLing. One could say that bitcoin-based entrepreneurship still makes sense in that case, but currently in such an early stage of bitcoin adoption, the main problems to be solved are related to turning fiat into bitcoin - which are usually pretty tricky and risky from a regulatory point of view.
And there are already very good solutions for those. And also for self-hosted nodes, self custody, etc. But still the biggest problem is adoption.

The Orange Pill Challenge

Are there ways to make orange pilling profitable? Then there's bitcoin privacy, which has solutions that could be made more user friendly but with huge risks of going to jail. And same goes for real freedom money enabled businesses like silk road or paid "piracy".
So it's a bit sad to realize that the best move is probably to keep a good paying tech day job and just stack hard. But it sucks that there aren't logical options of "investing" your bitcoin, as there should be once adoption settles and just grows with deflation.

The Waiting Game

Isn't Bitcoin a bit depressing? Hear me out. The very success of understanding Bitcoin's superiority creates its own constraint - knowing that the optimal strategy is simply to hold makes everything else feel suboptimal. We're in this strange interim period where the best thing to do is... wait.
36 sats \ 1 reply \ @freetx 1h
It is a paradox and its hard to know if its going to get better.
In theory, once a significant portion of the population owns bitcoin and adoption slows, then there will be better things to do with Bitcoin than just hodl it.
The community itself is torn.....there are those who are passionate that we must spend bitcoin in order for it to fulfill its vision....simultaneously there are those who don't like the idea of buying a $3.50 coffee that winds up costing $35.00 in 5 years.
Due to very clear deflationary pressures on bitcoin (ie. constant lost coins exceeding mining issuance, etc), its not clear that it will ever improve. Certainly growth will slow, but it may always compete against the best investments within a few percentage points, making it uneconomical to dispose of.
Given its inherent deflationary nature, will it ever be possible to make investments and receive income in bitcoin? I don't know.
Would you agree to a job that pays you in bitcoin with the following terms: "1 BTC per year, 20% less each year"? That requires you to believe that Bitcoin will not have any extended bear markets....likewise your employer would probably never agree to just "1 BTC per year" so its hard to see how a successful negotiation would ever happen.
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Bitcoin's purchasing power grows following a power law, stocks grow exponentially. So they will intersect for sure.
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I did a haiku on this a week ago.
There is no depressing paradox. Only if you measure your happiness in satoshis.
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Nice.
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