Orange pilled, how am I doing?

Hi everyone.

(Throwaway just in case)

I've been "into" cryptocurrencies for a few years now, since roughly 2016. Before the first bull run anyway.

For the past few weeks I've been studying Bitcoin and made some startling realizations.

  1. Holy shit I don't own any bitcoin. I sure hope Binance will accept my IOU. What if they go bankrupt. Holy shit.
  2. I cannot believe anyone accepts this nothing-backed paper money called fiat currency.
  3. How did I not realize what bitcoin was all those years ago, why was I only fixated on price.
  4. Bitcoin, not crypto

I remember this shift in perspective after about a week of reading about bitcoin. Looking around me, the world had changed. It is as if I'm seeing something that the others cannot, even though it's right before their eyes. I now understand this as being orange pilled. After that I haven't been able to stop learning about bitcoin.

Bitcoin is sound money, can never exceed 21 million, outside of government control, no inflation, no trust. It's an incredible invention/discovery.

I tell people about bitcoin, yet no one cares.

"You can own your own money"

"It's like buying 1/21.000.000th of the worlds gold"

The response is a polite "that's interesting" at best. Mostly people only care about the price (like I did myself), and cannot look past it as an investment in the traditional sense. They don't see the issue with the money today.

This is somewhat comforting in that I'm still early, even being all these years late. But still lonely.

I feel like the dog that is chained to a stick. It feels completely free right up until it reaches the end of it's allowed space, then the chain tightens. The government is allowing cash to disappear, restricting how much cash you can withdraw, inflating our currency, requiring KYC on the exchanges. and if you want to do something else, if you don't agree, the chain tightens. You play by the rules of the game.

So now I just got my Trezor in the mail. Moved over a small amount of BTC before factory resetting and recovering and only then moving over the rest of "my" BTC. Which Binance was so kind to let me do.

I am now the proud owner of my own bitcoin for the first time. Let me just say what a relief it was seeing the transactions on my wallet with 10 confirmations after waiting for days knowing full well that "not your keys not your bitcoin".

From here I want to run my own node and set up a lightning wallet in order to pay for things using bitcoin and tip users here on the forum. Also planning for my metal seed backup. Along with how to transition from KYC to non-KYC bitcoin. As a vanity metric I want to reach that 100.000.000 satoshi. Also need a new exchange...

Thanks for reading, what a time to be alive.



Submitted March 07, 2023 at 03:52AM by Specialist-Trick7438 https://ift.tt/eE9uWbz

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