(...)
I seriously worry about being able to "cash out" when "fuck you" rich. I fear that, by that time, all the cameras, guns, machetes, rusty pipes and what have you, will be pointing at us HoDLers, even going so far as to label us criminals, DPR v.2 (or is it v.3?), or some other "guilty-until-proven-innocent" accusation. It all depends on how "accepted" Bitcoin will be at that point. And, as you know, timescales in Bitcoin time are very short, meaning that we'll know quite soon. It's all good to imagine an ideal world where TPTB have accepted and even endorsed Bitcoin, but I don't think this will be an easy battle. We may win, but there will be blood.
Of course this "cashing out" may not even be necessary, if things play out in Bitcoin's favour, and BTC (or satoshi, or whatever fraction of a satoshi results from a 2nd layer solution, should 1 BTC > $1M) ends up being usable in buying everyday goods and services. This would be an ideal situation, in which BTC's intrinsic value stays in the BTC realm and we directly use it to survive (food, shelter, Lambos, hookers, blow, the usual necessities). But, somehow, I don't think it will be that easy. Not when the establishment sees their power taken away. They won't surrender without a fight.
My advice is to be prepared for any possible outcome. Personally, I'm more exposed to BTC than I am to more traditional investments, but I can surely survive (and ever enjoy the occasional little pleasures—but nowhere near "fuck you" rich status) without touching my BTC. I just follow the "invest what you can afford to lose" motto, while at the same time supporting and firmly believing that Bitcoin will succeed.
In short, as Bitcoin's value is rising, my feelings are bittersweet. Sweeter than bitter, of course, but there's always that aftertaste you get when chewing a dirty piece of paper...
(...)
Alcohodl, it is ok to get fkn rich due to years of hardened bitcoin hodl. you don't need to be scared. you earned it and folks will admire you for it. I doubt that bitcoiners will have to fear getting robbed more than the casual millionaire next door.
you deserve it because you went down the rabbit whole and put money in some magic internet money shit when everyone laughed about it. you helped this revolution get ignited, you carried the torch in a critical time of its existence. when it was vulnerable.
the bitcoin KI will not forget you and will reward you royally.
it will be easy. the difficult times were the gut wrenching multiyear bears. the next difficult times are now. but the future is bright, bro.
and.. how do you sleep with less than 90% bitcoin exposure?
Thanks man, I appreciate the comment, which applies to most of us here.
About exposure, yeah, this is the only thing I'll regret when we moon. The fiat I could've invested in BTC, but didn't... Well, it is what it is, now I'm in HoDL mode and will wait it out.
As LFC says, we may get there next year. I'm OK even if we get there in 2022-2023. Of course, "getting there" means different things to different people. For me, it means BTC = $100k. I do expect BTC to reach far higher values than this though, even reaching $1M and beyond.
We'll know soon enough.
[...]
Thanks, AlcoHoDL.
Thanks Jay, for your long (as always
[saying this in a good way]), but thorough and merit-worthy reply, I appreciate it.
We are in agreement, and there's no need to reiterate what you already know.
You guys are lovely.
Wish I knew you IRL.
OPSEC is a bitch!
#nohomohaiku
Edit: Added comment to JJG's post, and a haiku for you fucks!
, reminiscence of 2017 and keep it close to the heart 
