Thursday 2 November 2017

Does anyone else hate it that we celebrate getting rich here rather than the growing adoption, technological break through and financial freedom that is changing the world? All these getting rich memes and celebrations are what fuel the critics calling it a speculative bubble.

It gives me little faith in that those celebrating the price rise won't be freaking out in the inevitable market corrections that older hodlers are used to. Celebrating buying houses, boats, flights home to see dad, all on the backs of newcomers adding small amounts of bitcoin to their holdings just seems wrong. "Hey congrats on your 0.1 entry into the Bitcoin world. You should shoot for 1BTC, soon it will be out of reach" "yay, next stop $10,000 and my new Tesla" I get it, we can celebrate, but there are bigger and more substantial milestones to financial sovereignty than the getting rich quick culture that is potent here.

Just some thoughts from an old subscriber.



Submitted November 02, 2017 at 11:04AM by mobdoc http://bit.ly/2h9DDe5

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