Sometimes unexpected pivots have to happen

Just read a "Investment Policy Statement" for an Investment Trust that I am a trustee of. A medium risk portfolio is being suggested: - Cash: 5% - Fixed income and bonds: 20% - Equities: 60% - Absolute return funds: 15% Which is going to be benchmarked for performance against the "MSCI PIMFA", a weighted average of different asset types, updated regularly to match what UK advisors are doing This benchmark, has a long-term average of 5-6% annualized over 10-20 years (adjusted for cpi ~2-3%) Whilst at the end, there is the convenient: "Please be aware that past performance is not an indication of future performance. The value of investments and the income derived from them may fluctuate and you may not receive back the amount you originally invested." The asset management industry... WTF It's got so much work to do! They sell the convenient truth that you're not "regulated", and can't be trusted to allocate your own funds for lack of "skill", calculate their success against a benchmark that conveniently tracks CPI, rather than real inflation rates, and encumber you with vast counter-party risk Enter Bitcoin Sound money, self-custodied, blowing benchmarks like the MSCI PIMFA out the water, with drastically reduced counter-party risks If it was up to me, none of the capital would be in these traditional portfolio's Point of sharing: this is how the majority of the world's wealth is managed... Arguably not even protecting purchasing power, but paying the money managers regardless of performance It's only a matter of time until more figure out Bitcoin

"You're putting pressure on nodes to become arbitrary file storage systems and most people don't want the headache that comes with that because it has nothing to do with money."

History doesn't repeat itself, but it often rhymes

Popped on the “watch later list” Will comment if any questions 🙏🏻

Brilliant flow chart based on Joe Bryan's "What's the Problem" video.

Never give up 💪🏻

Signal Akin to Bitcoiners who will “die on this hill” Does Nostr empower the same zealotry?

Nice. Great debate. Immediately more drawn to what you say Levi

Time will tell!

Hasn’t been defined This is just something we’re trialing Lots of propel rather like to Including myself!

Day 84 of the $10/day DCA Tracker Today’s Results: Best Performer: Gold (+2.35%) Worst Performer: MSTR (-2.48%) *graphic shows performance based on the total time since invested. It's tracking how a consistent $10/day DCA performs in each asset over time so you can see cumulative returns, not just daily fluctuations. Follow along for the ride!

Day 69 of the $10/day DCA Tracker Today’s Results: Best Performer: Gold (+1.73%) Worst Performer: MSTR (-2.51%) *graphic shows performance based on the total time since invested. It's tracking how a consistent $10/day DCA performs in each asset over time so you can see cumulative returns, not just daily fluctuations. Follow along for the ride!