Guy's Take_095 - When Should I Sell Bitcoin?

"Ossification is complacency. Yes, we all agree that Bitcoin is great. But _I do not agree_ that Bitcoin has reached its full potential. I think complacency is one of the greatest threats to Bitcoin - we must not rest upon our laurels." — Lopp

Bitcoin crosses a hundred thousand dollars. Your Bitcoin investment has exploded. You're looking at it and all you can see is how much it's worth in dollars. And so you send your buddy guy a message and you say, "When should I sell my Bitcoin?" And from the average person's perspective, I think what is the logical answer to that question is really difficult to understand. Because it requires a shift in the frame of what you think is worth measuring against. The answer could not be simpler. You don't. You never sell a good money to get more of a bad money. But since that requires explicitly an explanation and a shift in framing, I think it's

Time for a guy's take episode.

Links to check out

• The Give-A-Shit Matrix (Link: https://www.youtube.com/watch?v=sHdRT9t1V2E)
• Bitcoin: Everything divided by 21 million by Knut Svanholm (Link: https://tinyurl.com/4srcttrj)
• Shelling Out: The Origins of Money by Nick Szabo (Link: https://tinyurl.com/5yv4c3cc)

Host Links

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• The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

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“It's a dangerous business, Frodo, going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to.” ― J.R.R. Tolkien
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