I looked at my wallet and saw six sad numbers.
It was seven, or that was the case after I migrated my monthly expense balance, dollar cost averaging into Bitcoin and then sent it to my account Casa cool store.
https://x.com/pete_rizzo//
Buying Bitcoin is usually a fun process. It would be a pleasure to pick up at least bitcent.
As someone who had the opportunity to buy Bitcoin at $50 (but thought better of it, LOL) it’s been a bitter time over the years, and I’m slogging through trying to undo my mistake.
There have been milestones and leaps in progress, as even numbers have been cut. I have to say, though, this purchase was particularly deflating.
Yes, with the price rising to over $88,000, I knew I was buying the top, and I had every confidence that this purchase would make sense one day.
I’m sure that in 10 years, someone will look at this post and laugh, wondering how they could buy 500,000 satoshis for $500. Oh my goodness, my shopping is already green.
This is the great monetization of Bitcoin, a steady step in its progression from random numbers on a computer worth nothing to the next global reserve currency.
I understood, I, as you say, “bought.” I have every intention of continuing to buy Bitcoin. After all, it’s where I spend every waking moment of every workday.
What is this piece about? Call it an ode to distress.
I’m sure people out there are hoarding hard, fearing that Bitcoin will cross $100,000 without having anything. The same with institutions, the same with nation-states. seriously.
What do they look at these bits and see? Do they buy happiness? satisfaction?
Bitcoin, you are a great mirror. With every purchase, we take our place in the long arc of history.