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Exactly. Avoid gloating in your supposed future "fiat wealth". Bitcoiners should avoid focusing on the price and instead promote the open freedom tech that is Bitcoin. Indeed, start and support foss projects and bitcoin ecosystems that break free from gov and bank control.
If we want this movement to succeed, it must not be about getting rich but about freedom and sovereignity for all, not only the early adopters. Bitcoin is for everyone.
it must not be about getting rich but about freedom and sovereignity for all, not only the early adopters. Bitcoin is for everyone.
Said an early adopter presumably sitting on a bag of sats...
The early adopters will be rewarded more, and for a good reason. They deserve it more.
Getting rich in purchasing power is one of the most powerful incentives for the adoption of Bitcoin; denying that and pretending it doesn't exist is just ridiculous.
I'll focus on FOSS projects when my stack pumps. For now I have to work for fiat so I can pay my bills.
Please don't flatter me :-)
Getting rich should not be the incentive as most won't (who knows, maybe not even today's adopters). For me, the incentive has always been to preserve purchasing power (savings vehicle). That's a much healthier stance.
I agree that early adopters deserve to be rewarded, but I hope they (for some part) act in the best interest of the community iso only themselves. A certain Bitcoin ethos you know.. Otherwise, what is this movement other than everyone trying to get fiat rich first. In that case, Bitcoin will probably not succeed.
Unfortunately, I lack a certain set of skills to contribute a lot in the space, so I too spend my days in the fiat mines. However, you can support foss projects by donating small sums. No need to quit your job in order to support the ecosystem. I try to support projects here and there financially, and by testing/using their products.
I am an early adopter, but I don't care too much about that "reward" expressed in value.
I am more interested into knowledge and freedom, because knowledge is true power.
https://imgprxy.stacker.news/VxtKWC17ldw4HCJsB1475VAHg6WcmFYj20Mtkeyxedg/rs:fit:600:500:0/g:no/aHR0cHM6Ly9pLnBvc3RpbWcuY2MvRDBDRkhzMFgvZGFydGgta25vd2xlZGdlLnBuZw
Replace the $ values with "purchasing power"; which part of my post is still invalid?
purchasing power is not the same as price. in $hitcoin fiat.
Value is not same as price.
You are still referring to $ and always think in $, that makes you a fiat maxi.
Again, which part of my OP is invalid if you replace price with purchasing power?
Or don't you expect the purchasing power to rise, and a real (i.e. not just nominal) wealth transfer to happen? For that to happen, either the economy would have to stagnate forever, or Bitcoin adoption would have to not happen.
Again you are mixing price with purchasing power (value in time). Are not the same.
Study some praxeology or read Knut's book about.
I stopped reading right there....
That phrase is exactly how you would describe a fiat maxi, thinking that someday when the price in fiat goes parabolic they will sell and be rich in worthless slavery fiat.
PLEASE STOP BEING SUCH A FIAT MAXI. Stop this fiat mindset!
https://imgprxy.stacker.news/F7T8uMpvaTSZAVnxl8lVon4U_y6UlSyeJpZn8UtMAlg/rs:fit:600:500:0/g:no/aHR0cHM6Ly9pLnBvc3RpbWcuY2MvQzFaUUhmTUcvbWF0cml4LW5lby0yLmpwZw