#Bitcoin    Can’t Be Hacked 🚫 - @saylor

Here’s why:

https://twitter.com/SwanBitcoin/status/1610019160217493505?t=YHHxYAUZDPV_4mtkO1rL4A&s=19

Swan.com

why bro there is any problem?

Happy new year.

In the past couple of months, you had at least a few posts that embarked upon some variation of a promotion of such Ibonds, so hopefully you are not wiffle waffling so much as to no longer be considering and/or pursuing IBonds in terms of your diversification and/or also in terms of your considering them to be significant and meaningful competition in the "crypto" space, to the extent that we might even be considering anything other than bitcoin to be relevant here.

Even one of your posts from around a month or so ago had mentioned IBonds as part of a longer-term staggering and laddering strategy (presumptively over a couple of years), which I cannot really disagree with some kind of possible reasonableness of that kind of an approach, but I would not be promoting such things as being a great place to park value as if we were still in America in the 70s and 80s instead of being in a much weirder place. even though stacking of IBonds could be a kind of potential long term way to play aspects of keeping some fiat liquidity that might well be a wee bit better than holding fiat itself (not much but a bit better so long as fiat deflation in value does not outrun your nominal return expectations) including potentilally staggering aspects of your liquidity.. since you are more elderly than many of the folks getting into BTC these days.. or at least it would seem that getting into bitcoin tends to more of a younger game rather than someone who is at retirement age or close to retirement, anyhow...  

Again, personally, I am not employing such a IBond thingie in my own investment portfolio in part because I don't feel that I have any kind of need to earn interest on fiat, and I want to keep more liquidity in what I do have.  I also have a variety of investments over the years in which several of them are either some form of fiat (not specifically the new fangled IBonds) or they have a variety of already existing connections to the value of fiat - including its likely ongoing depreciation... so why would I want to tie more money into seemingly almost inevitably depreciating value items any more than the ongoing exposure that I already have, merely because there are those yield aspect that are seemingly almost desperately trying to lure me into holding more value in fiat than prudently I should be doing. In that regard, I am not feeling any kind of compunction to buy or hold USA bonds or USA debt than I already do do - especially given the current world situation.  

In the 80s and 90s, I did employ some variations of USGovt bond laddering strategies, and I am not sure if it was even smart back then but it was something that I had employed because it was accessible to me in my then limited knowledge regarding what to do in terms of my own ways of diversifying, investing and attempts to build some savings (whether that was considered risk-free at the time or not).. but also bitcoin was not around back in those days and in my earlier days of attempting to build wealth and to build some kind of a budding investment portfolio, and also the world is quite weird right now with the even stranger precariousness of the dollar, and yeah, I will still agree that the dollar is likely amongst the least worst of the various shitty fiat currencies... again, though we have bitcoin.. so hard to get too overly excited about dollars (even with yield luring there-in) when we have my lil precious that is a potential allocation that we can make and that we should attempt to manage and talk about in this thread, too.


Sorry about that but it seems like some of that was somewhat foreseeable in terms of the ever-present threat of a merge that kept getting delayed.. and was likely to actually happen sooner or later.. so yeah it is likely risky to be engaging in such a capital-intensive business - ie mining.


Fair enough, and surely it remains in your discretion how much you believe that you want to stay in the mining business versus transitioning into something less capital intensive, such as just attempting to manage the underlying itself... and leaving various aspect of those longer time horizon relations to the younger folks... but of course, you do you in terms of your skills and even how some folks engage in a kind of "investing" that gives them a job (something to do).. which personally, I feel that I have enough to do without giving myself work.. even though I am not as old as you, but I have retained some preferences to maintain some mobility.. even though maybe I am not overly concerned about liquidity.. but liquidity does also seem to retain a certain amount of value, even if it might not be completely necessary.


It seems that even retiring can involve some amounts of work. .traveling can be work and buying, selling and maintaining properties can be work, even when getting others to perform some of the work - but sometimes delegation can be a bit awkward and might even be easier to just "do it yourself" in some situations.  Managing finances can also have some work aspects to it, yet for sure how much time managing finances and assets might also depend on how they are set up and how much of that work is comfortable to delegate too.  Sometimes delegating can be difficult too, and maybe we say let's set it up like this or like that or how much should be disclosed in regards to how much are in those various funds.. and don't want any persons to be wrongly incentivized either.. or start to feel like they are not being sufficiently compensated based on their knowledge of the underlying.


Wouldn't that be categorized as a non-sequitur?


Ouch. You meanie.


That's a fair point, again.  Even dweebs make fair points from time to time.


Another fair point.  You are on a roll.


Koreck.


It pays to retain some level of paranoia.. that's for sure.


Yep.. more and more ways in which attacks are likely being contemplated and even attempted.


I don't have any problem meriting that dweeb, to the extent that he might provide decently valuable information - whether I agree with it or not... and even if the attention-seeking whore has weak-ass bed-side manners.  Slap the bitch and say.  "oh, that's was an interesting point that you made while you were whining like a three-year old."    


Who knows?  Some random attention-whore who proclaims to not want any attention.

He answered, actually:
https://twitter.com/LukeDashjr/status/1609868077146972160