100 sats \ 5 replies \ @sourcecreator OP 31 Jul 2023 \ parent \ on: reality for the young multicoiners: hold 20-30 years bitcoin
Yeah it's tough to make that time and energy allocation - work vs learning. Personally, I found bitcoin to be way more important to learn about. If you're working, it is probably for money - it behooves you to study what that is (bitcoin) and I also found a lot of value in studying how the current system works (debt). I used what I learned about the debt system to get paid. See my post #216497
Either way, if most of your time is spent working, you should have little anxiety at all if you are all-in bitcoin. That changes everything. Just get to all-in. Then you can fucking work as much as you want because you're just in for the ride. If you aren't all-in then you are shorting bitcoin - I would be full of anxiety then. Desperately trying to liquidate my assets for bitcoin until I'm all in.
Then just hold baby. Work, continue to stack your savings, spend time with family. Continue learning more
Thanks, I'll read it on my lunch break.
yes I am working because I need to survive, rent, food etc...
my goal is to live exclusively on bitcoin, at the moment I'm transforming all my energy into fiat and soon dps into sats. unfortunately I spend a good portion of these sats to 'survive' (I'm Brazilian and I'm 27 years old, I earn a measly 8 BRL per hour, converted into USD it's less than 2 $ , but I'm not complaining, thank you Mr. Nakamoto because without With bitcoin I would have no incentive to work and I would probably be doing shit for a living)
My wife and I opened a beauty salon, even yesterday we sent it to be registered on the btc maps, there we accept bitcoin as a payment method, anyway...
As I said, after reading it I'm sure I'll get there, I hope to work in fiat exchange for two more halvings while I stack sats and develop the best strategy for my security and storage, after that I just want to live enjoying the fruits of proof of work
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Yeah man that post about using debt can be really valuable for you. The key is to never pay any "debt" to credit card or bank companies. Learn how to write/use affidavits and a Conditional Acceptance that asks the company to prove they did not create the money out of nothing using your promissory note.
I would do what I describe in that post in order to create a big stack of bitcoin from the "loans" to hold now. Then continue working, making the salon business, etc, even if earning little, but living on just what you earn even if it is really hard. You guys are so young. Save the bitcoin (don't spend it) as much as possible for many years. Your life will be drastically different the longer you hold it for you and your family.
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As someone born into the australian monetary policy system, right as I was entering the workforce they instituted a form of early social credit score system at my school, which riled me up so bad I basically stopped paying attention in the last semester of senior highschool, wound up failing everything except IT, which I aced all the exams, just didn't do any assignments.
And then on top of fucking around with my ability to get into CS, which was where I wanted to go, after I get out, the whole AU government is running a whole suite of policies that are designed to limit people's access to the employment market, to ensure a constant unemployed group that is subsidised by welfare in order to keep wages up while overall reducing wage costs to employers.
Or in other words, they were fighting inflation by keeping the most marginal entry level workers, mostly recent school leavers, permanently unemployed so the business lobbies keep dishing the cash out to the politicians reelections.
Or in other words, they MEANT me to not have a job, and I wound up a drunk lost in eastern europe and got to spend a year as a prisoner, to boot, and I am in my third round of attempts to secure adequate income, and nearly 50 years old now, pretty fuckin dreadful. Thanks Paul Keating and Bob Hawke you cunts.
I did my best for a bit over a decade trying to operate my own personal service business as a computer technician but in the end the cost of transport, thanks to government interference, was beyond what I could earn in my work, because I couldn't reach my customer base. I used to get 1% turn-around from my personally delivered ads. Spent AUD$700 one time for a 5000 flier delivery, and got zero, (0) responses, which should have been at least 50 new customers.
The very first moment I am searching a job in Bulgaria, before 2 weeks of spending about an hour a day sending out applicaitons, I walked straight into a job. First time was a call center, yes, pretty high turnover. Second one was call center but technical support.
Completely the opposite of australia.
My advice to young people is, if you find yourself excluded, and these days, this can be for being white, from higher education and opportunities in tech... Leave that shithole place and find somewhere better. Even if it requires you to learn or polish up a second language.
There is nothing worse than wasting your whole 20s and 30s with no income and half that time homeless or so fuckin bored you end up falling into drug addiction.
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Hundreds of sats to you 🧡. Keep learning ✊
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thank you my strong partner
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