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119 sats \ 0 replies \ @DiedOnTitan 12 Sep \ on: 🧐 What’s Stopping You from Diving into a Bitcoin Career? bitcoin
The first step in this direction is running a full verification Bitcoin node. Which I do personally. I consider this is a crucial step on the Bitcoin journey.
I am working on trying to convince the partners at my company to include Bitcoin in the treasury. I have been unsuccessful thus far. I gently remind them that if they had listened to me several years ago, not only would this asset be protected from inflation/debasement, the value would have at least tripled in fiat terms.
The arguments they give back include: volatility, regulatory uncertainty, accounting challenges, risk, etc. I actually orange pilled one of the partners, but the other is stubborn as a mule.
If we can get Bitcoin into the treasury, it will lubricate the possibility to pay bonuses in Bitcoin, then potentially salary. Then potentially allowing our clients to settle in Bitcoin and so on. I am trying to take this process step by step but there is still a lot of fear uncertainty and doubt.
I think it boils down to the fact that some people are so heavily invested financially and intellectually in the fiat standard, that Bitcoin upends their years of slavish study of it as it challenges their life assumptions. It's less the risk of Bitcoin as an asset and more that the fiat standard is a sham they dare not come to terms with. Perfect example of the sunk cost fallacy taken to a lifelong extreme.