Damus
Lyn Alden profile picture
Lyn Alden
@LynAlden
I like to stack bitcoin, and to a lesser extent stack stocks and gold and real estate.

However, I am careful about dollars due to their centralization and tendency to lose value. The tokenomics for dollars just aren’t attractive. To the extent that I am long dollars for various liquidity needs, I am also short dollars to a similar amount through mortgages and so forth, so that I have zero net exposure to such a risky asset.
3123❤️107🤙60🧡5👍4❤️3💜2
[ARCHIVED] Jay · 110w
You got me at "I like to stack Bitcoin."
véritas · 110w
You’ve developed and grown in the last few years, Lyn. I have to. #Bitcoin changes you.
Marcopolo · 110w
If you think dollars are risky, Bitcoin is approaching its ATH really fast in moose shekels terms I’m a little uneasy NGL !! https://image.nostr.build/d4ad94145b67549b191c9c666e82b966b21b8ff1707057d233c0825ab8db055c.jpg
Dissident Sound · 110w
is a mortgage really a dollar short ? i mean if you can get a 3% loan in Egypt that is definitely a short against the currency there as it will certainly drop more than 3% ... but if you're getting a 5% loan in US ?
CanadaExtreme · 110w
100% only dollars I hold are exact amount of dollars monthly bills and expenses, every thing else is in Bitcoin with a small amount in equities, something with conservative growth in case I need emergency funds! selling that stuff before I touch my Bitcoin
Aaron · 110w
nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a will you be my valentine? 💘
BTC-BACKPACKER · 110w
I do my best to stock as much as I can. Sometimes I though it's not Enoughbut I do my best to keep the Bitcoin line set.
Knightstr · 110w
Basically no bond exposure yeah? If any, short T-bills
Butterknuckles · 110w
Smart. The dollar is a depreciating asset. Best not to stack those
Reed · 110w
I'd say most Americans are extremely net negative dollars if you put it that way... No one is keeping dollars on hand that match their debt exposure. Is that what you mean when you say zero net exposure to dollars?
Scale Bar · 110w
It’s like you said, dollars are the only true speculative part of your portfolio if/when you hold them for any period of time.
nostrich · 110w
#counterpartyrisk #TheGreatTaking https://www.youtube.com/watch?v=6POkXcwYFs4
Leurico8 · 110w
As I don't have a mortgage and I am not excited about buying property in the aussie bubble I feel I am super long fiat currency (AUD in my case). I can't afford not having a few months of the country official shitcoin and I don't have any debt to offset the long position.
Consciousness Incarnate · 110w
I respect you Lyn
Theory of Everything · 110w
Dollars when you need them, Bitcoin when you earn it.
Quantoshi.xyz · 110w
Smart move. I’d like to think I’m positioned similarly, between medical school debt and a mortgage, but my income is denominated on these pesky dollars which kind of makes me long the dollar…but I ditch them as rapidly as is reasonable.
frphank · 110w
How's real estate going. https://www.bloomberg.com/news/features/2024-02-14/real-estate-lenders-confront-falling-us-commercial-property-prices
antifragilemoney · 110w
There is no better shitcoin that allows for better periodic buys of bitcoin in the future than the US dollar. USD is better than 15000+ cryptos and allows for occasional better stacks of btc after any pullbacks. All other shitcoins like cryptos, stocks, bonds arent as reliable.
BUB · 110w
What percentage gold?
Nordic_Hodler · 110w
"Bitcoin - Gotta stack 'Em all!" 😂
Robertrobert · 110w
Be like Lyn✌️
MCBitcoin · 110w
This is the way, need to hedge out that debasement risk.
Toby McMann · 110w
Maybe I am not understanding, but if you have $100k set aside for consumption over the next year (ie, liquidity needs), are you saying it is prudent to take out a $100k mortgage to hedge against monetary inflation? Current mortgage rates are 6-7%. 6 month CDs (ie, where you might park your savings)...
The Bitcoin Street Journal · 110w
Stonks. https://m.primal.net/HcxV.png
anon · 110w
Thank you for this note. I've been concerned with the allocation I have towards dollars for the same reasons you listed but haven't taken into account my short positions on dollars. Appreciate you and your thoughts! 🤙
ron · 110w
Own capital? How much? Curious.
hunter wells · 110w
we like the orange coin
Christopher Marshall · 110w
Well played.