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Thanks @DarrelXero , appreciate it.
It was actually a DM from @DarthCoin on Nostr last year. So I owe my discovery of SN to him!
Thanks, @Scoresby, that's awesome to hear!
I've got more like the PoW piece in the works, so will be sure to share them here once they're done.
Thanks @Fenix , appreciate it. This diagram - plus the routing puzzle further down - was the component I built first.
Over a longer time period, lump sum almost always outperforms DCA. This is one of the reasons I included the lump sum options in what's ostensibly a DCA calculator!
In part yes, but also because I'm yet to validate the historic data prior to 2023. I've tried to be quite careful with the definitions. I will continue to backfill if there's interest.
Thanks for sharing, @Scoresby. Just made some improvements to the timestamp formatting.
I respect your conviction, Darth, honestly. And you're right, my wording was poor - obviously this isn't 'holding' Bitcoin. But "how to get exposure to Bitcoin through a proxy which us maximalists know is a poor substitute for the real thing but which I believe will convert some nocoiners in the long run" doesn't roll off the tongue.
Ultimately, I don’t disagree with the end goal: freedom through Bitcoin. Where we differ is on tactics. I see these new ETNs as a bridge for the average person who isn’t ready to go full self-custody yet. Most won’t jump straight from fiat to cold storage - they need a path. If a few of them cross that bridge and end up learning what “holding Bitcoin” really means, I’ll count that as a win.
Thanks Darth. I get you.
For most people in the UK, saving in an ISA is almost second nature - "my ISA" basically means "my life savings." A lot of people think it’s the only legitimate way to save or invest at all.
I’d argue that letting these people get any exposure to Bitcoin - even indirectly - inside that familiar wrapper could be a net positive. It opens a door for a huge new audience and some of them will inevitably go deeper: learn about self-custody, take control of their keys, and (bonus) avoid detours through a shitcoin casino.
I’m as pro-self-custody as anyone here, but I think pragmatism has a place too. If this route orange-pills even a few new people (and those people inevitably end up on your website!) that feels like progress to me.
How dare you dox me