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> ... initially drawn to btc as a speculative vehicle? Or is it a matter of principle to hold forever? I got involved with btc when it was in the single digits
by woodman 9y ago
> ... initially drawn to btc as a speculative vehicle? Or is it a matter of principle to hold forever?
I got involved with btc when it was in the single digits, the crowd was very different then - cryptoanarchists. So your call to "diversify your investments" sounds to me much more like "diversify your politics", which is obviously a silly thing to tell somebody - especially somebody whose politics is any anarcho flavor. While I can only speak for myself, I do think this is true for many others: I was already living pretty comfortably and a few million isn't enough of appreciably change one's quality of life as a software developer.
- ringaroundthetx 9y agoAs someone that deals with political parties and regulatory regimes in many countries at once, diversify your political isn't silly at all. Or at least I feel like being unsubscribed from one countries politics has only given me advantages, even if it is less common to not be married to a political flavor.
- woodman 9y ago> ...diversify your political isn't silly at all. It is, as most political differences are rooted in mutually exclusive ideas. If you are advocating for simply being open to considering alternative positions and measuring them against your own present position - then I agree with you, that is nice. But I would describe that as "diversify your politics", I'd describe that as being intellectually honest.
- vkou 9y agoOne way to diversify your politics is to get in bed with multiple mutually exclusive political parties. That way, no matter who wins, you'll have friends in high places.
- ringaroundthetx 9y ago> It is, as most political differences are rooted in mutually exclusive ideas. The reason I disagree is because I get to be exposed to these mutually exclusive interpretations in several different countries. My lack of indoctrination and context gives me an additional perspective based on the present, which primarily reveals an inefficiency that gives me an advantage. For example, the first mutually exclusive topic that came to mind was ..... some extremely polarizing human rights topic you feel passionately about? I bank on you spending all of your energy on that while I try to get a say in the 900 other things lawmakers - or the agencies they delegated authority to - actually do.