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181 sats \ 0 replies \ @nullcount 4h
This is what happens when you try to profit off a p2p system that kills middlemen.
Most sustainable "Bitcoin Business" are either a Fiat/state tentacle (exchanges/banks/compliance/information brokers/narrative shapers/media,etc.), and/or they are able to "exploit" a flaw/deficiency in the protocol by inserting themselves as middlemen (coinjoin coordinators/custodians/LSPs)
Every profit extracting vehicle that leeches on Bitcoin -- either by profiting off it's flaws, or bringing it closer to nationstate capture (the network as a whole will suffer).
Don't overcomplicate it... Stay humble. Stack sats. That urge you have to give back is natural. Give freely your time, energy, and value (not-for-profit), and we'll all get insanely wealthy together.
Less "Bitcoin Businesses", more "Business using Bitcoin".
Never forget, it was the Internet Businesses that slowly captured and degraded the soverignty of the Email protocol.
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245 sats \ 0 replies \ @BlokchainB 5h
Thanks for sharing and knowing your limits. I am glad you are taking better care of yourself and hitting the gym. Bitcoin be damned nothing is more important than taking care of yourself.
I appreciate all that you have done in the space and wish you success.
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130 sats \ 0 replies \ @siggy47 6h
Thanks for posting this. Being self aware is something we can all benefit from. I look forward to following the progress in your new projects.
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Great memoir.
Can't quit the black pill till you've faced it.
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112 sats \ 0 replies \ @ek 6h
Thanks for sharing your thoughts. I want to say that even if I don’t share your conclusions now or in the past (yet?), you certainly have my utmost respect for following your own path and doing what you believe is right. I hope both changes—hitting the gym and the pivot—work out for you.
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100 sats \ 0 replies \ @plebpoet 4h
A lot of my life has been devoted to money, and that's one of the worst things in the world to allow yourself to be consumed by.
Paying attention to the lessons you learned and appreciate your willingness to share them.
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Wow.
Thanks for your contributions man, gone but not forgotten.
Looking forward to OpenSecret and Maple.
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Just remember that the path which you walk is your own and while yours will cross those of others....you do not have to follow them.
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And for what it's worth....
My family motto is:
If you want something done right....do it a second time!
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Bitcoin never dies, even if one day the price goes down it will definitely go up, even if it goes up everyone will definitely be happy and happy, to this day everyone continues to hunt bitcoin hunters, for those who already understand about bitcoin, of course there are risks, including profit or loss.
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Yes, it sucks.
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