If you’re not a professional investor, maybe just buy #bitcoin

Skill acqusition

He said they run it this way over any time frame (which Bitcoin will certainly break at higher adoption), but point stands either way. The if that 10% is taken from stocks vs bonds are two very different things.

Short term I hear you though

Asked a financial advisor friend recently what they assume for real returns in their typical portfolio (think 60/40) - he said 6%.

I asked if someone allocated 10% of that portfolio to #Bitcoin ETFs, what would the expected real return be.

He looked me dead in the guy, didn't even smile, and just said "Oh, still 6%. We just kind of assume that is about what you're going to get."

Even if he'd said something like 3% because they believed bitcoin would underperform, I'd have taken that as a real answer. But to blindly say "6% is what you get regardless of the bucket of assets you invest in" is beyond a disservice.

My lovely wife is learning this week how I've felt as a Bitcoiner the last three years 😂

Update: no response from my friend

I think it’s over 😂

@nevent1qvz...

Friend is a handyman, kinda gets #bitcoin a little. I told him he should be the local “bitcoin Handyman “and that every bitcoiner in our area who would support him.

He told his wife and this was our conversation…

Had a blast chatting with @npub1dtgg8... on The Bitcoin Way Podcast. @npub15xd2m... is going to crush it…

If you haven't killed your #bitcoin heroes, there is still time 👍

Sometimes I forget that you aren't allowed to say things that are obviously true anymore

Went to the farmers market and told the guy selling grass fed beef tallow products he should accept #bitcoin. He said cash is king because whenever a third party was involved he gets hit with high fees.

I told him I had good news for him…
@nevent1qqs...

GM. Today is a perfect day to opt out of the fiat world. Take a step toward…

Touching grass and getting some sun

Picking up some local food from the farmers market

Canceling health insurance with
@nprofile1q...

Studying #bitcoin

100% self-custody with @npub1lrj3l...

Your life will improve… Gradually then suddenly