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Matty Mick profile picture
Matty Mick
@Mattymick

God, Family, ₿itcoin, Aortic Surgery. Node runner, solo home miner, sat stacker. #BIP-110 because ₿itcoin isn’t Dropbox.

Wrestling back state attacks on my individual sovereignty, one SAT at a time.

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[email protected]nip05
[email protected]lnurl
Relays (7)
  • wss://relay.snort.social – read & write
  • wss://premium.primal.net/ – read & write
  • wss://relay.damus.io – read & write
  • wss://premium.primal.net – read & write
  • wss://nostr21.com/ – read & write
  • wss://eden.nostr.land – read & write
  • wss://nos.lol – read & write

Recent Notes

Matty Mick profile picture
Same bottom of ‘22 vibes. Bitcoin is dead, Saylor is getting liquidated, fraud and fraudsters everywhere.

If I’m honest, this time the DCA and lump sum buys hurt worse. Its harder to hit the buy button.

In 22’ I was hoping to catch a bottom knowing that it would rebound in fantastic fashion like it did in previous cycles. I was more concerned with recovering from aping the top in ‘21 and wanted to improve my cost basis. I never questioned the rebound. Bitcoin was inevitable.

Maybe its was the lack of a convincing ‘25 blow off bull, maybe it was the accusations of last year’s paper bitcoin summer, maybe its the etf’s the options and the orange ties, maybe its worries over the network, the centralization of mining, or the fact that bitcoin has woefully underperformed other assets and sectors. Or maybe in the end, its just mistrust of people, our motivations and the tendency toward centralization and corruption that bitcoin was designed to bypass, peacefully, without the need for brute force.

Bitcoin was designed to save us from the worst of us, and the worst in each of us.

I still cling to the hope that humanity and freedom will improve with better money. So, I hit the buy button, I cold store, I run filtered nodes, I solo mine, and I dream….join me.
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Wonteet Zebugs · 1w
> I still cling to the hope that humanity and freedom will improve with better money. So, I hit the buy button, I cold store, I run filtered nodes, I solo mine, and I dream….join me. 110%
HODL · 2w
Its price. Some of these guys lost on paper 50-100 million + that fucks with you.
Matty Mick profile picture
Matty Mick @Mattymick
That’s certainly a kick in the 🥜

Second bear market I’ve realized one fact that hodling forces upon you - with each bear your nominal paper losses compound, even if your percentage paper losses are diminished. Harder pill to swallow each time.

OG’s have watched a massive cultural shift over the years: buy bitcoin to circumvent the feds and buy drugs anonymously to hey, let’s invite the feds and suits to sanction bitcoin.

I keep reminding myself that 1 btc = 1 btc and that the volatility in exchange rate should work to the upside as long as the perfect monetary properties continue.

See you on the other side.
HODL · 2w
Have 3-4 prominent OG’s on the phone this past week who are all talking about divestment to one degree or another. Names you would know. Idk price can always drop some more but it feels kinda li...
 Matty Mick profile picture
Matty Mick @Mattymick
Cant be price alone…OG’s suffered far worse drawdowns. They’re either questioning the ethos, privacy & health of network or drooling with fomo over missed opportunities in AI (or both.)

Buch of us class of 21’ holdlers have been programmatically desensitized to any feelings or emotions…we fina be the new OG’s.

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HODL · 2w
Its price. Some of these guys lost on paper 50-100 million + that fucks with you.
McCoy · 2w
class of 2021 https://blossom.primal.net/d3e264b5605ae33d3b2d44f5f0ad36b7423a6ec98930adc62f9bf0aaae4ce987.jpg
Matty Mick profile picture
Bear markets are like spotlights….the cockroaches are scrambling for cover right now.

VC’s, pipe unlocks, scammer & spammers, influencers unable to monetize an audience, conference maxis, treasury company execs who’ve never transacted onchain, bank-throating plebs who are cheering govt legislation….all a symptom of fiat.

While I’m not an OG, only 51/2 years all in, it somewhat feels like we’ve lost the plot. I came for gains yes…greed brings everyone to the altar…but I stayed for the revolution. I built nodes, started solo mining and believed that Bitcoin was an escape from a broken system. Now I see many parts of Bitcoin mirroring the broken system it was designed to fix.

Cant fix the money, fix the world, if you can’t narrowly define what makes ₿ and its network sound money.

I’ll continue to buy and cold store. I’ll spend and replace despite the tax headaches. My nodes are relaying BIP-110 because Bitcoin is a monetary network and not dropbox. I’ll mine at home to help with decentralization and most importantly, I will question everything…the trusting & not verifying has led us here. The opposite will lead us out of the current mess.
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