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Zhu Su
🇨🇳🇸🇬 🇹🇼 Padel
Not really that constructive on privacy coins going forward. Exchanges will be under a lot of pressure to cut support. Tornado eth is still the best actually usable privacy coin.
Of the dino coins, the most interesting of these is probably BCH. Bitcoin quantum fud narrative will be a common one next few years, and mainstream awareness will come as people realise how difficult it is to upgrade BTC.
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It also isn't even true that it is easier to compound large amounts than small amounts. It is far easier to 100x $10k to $1m (I'd estimate thousands of people have done this on CT), than $10m to $1b (maybe two dozen).
Feb 7, 04:17
"I just need to make 10 million dollars to escape the permanent underclass"
It wouldn't work that way. There wouldn't be a random cutoff number where you "make it" or "don't make it"
The additional money would just buy you a little more time before you become underclass, too
In the 'underclass model', people assume
- Those with more capital have access to AI that lets them compound their wealth faster than people with less money
You wouldn't get access to the best of the best financial tooling at 10m, 50m or even 100m
People with more capital would always be compounding their wealth faster than you. The difference between you and them would always be increasing
And eventually the guy with 100m will be so far behind the people at the top that he's underclass, too
If things move as fast as these 'underclass' believers think - that takes what, like 12 months? 18?
If this whole underclass meme is the reason you're ruining your life to do e-commerce for 100 hours daily, you should consider that, and maybe start enjoying life again
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