the same asset viewed by the youngest most kind of forward-thinking innovative people is seen as the most conservative but by the oldest most successful is seen as the most risky it's actually probably where you want to sit right is because you're you're taking the two worlds and you're kind of meeting them in the middle and so when you ask about like allocations and all stuff it i always ask you what are you optimizing for i basically built a venn diagram early on and i said okay what is the thing that i think is most likely to be here a hundred years from now right my plan is to hand bitcoin to my grandkids okay so it needs to be around for NUMBER_TOKEN years the durability of it and also what is the thing that has a very attractive return compared to traditional assets bitcoins compounded at NUMBER_TOKEN annually for a decade that's crazy pretty crazy right so if it's durable and it has an attractive return compared to traditional assets i'm gonna go get a lot of that and if i denominate my net worth in it and my life like my financial life in it it actually changes psychologically spending money because it's one thing if i say hey you're gonna go spend a depreciating asset to buy a house or buy a car or buy whatever might as well it's going down to value anyway you're financially incentivized to do it right he's literally it's going to lose value so you better get rid of it if i say to you hey you're going to buy something with an appreciating asset that is likely to be worth more in the future than it is today and also you think yourself what am i buying do i need it is it gonna is it an investment is gonna be worth more than what this is gonna be you start to ask yourself a little some of the questions you might not have otherwise asked and so it's it's um one of these things where like i basically just throw my hands up and i said look the world is changing at a rapid pace i spend all day on this stuff and i can't keep up um it will look very different NUMBER_TOKEN years from now than it does today uh and how lucky are we that we get to live here that we're talking about it that we see the opportunities and you know what you and i will make a bunch of investment decisions some of them will work some of them won't my guess is that by picking the right industry that has a massive tailwind behind it we would have to be really really really really stupid and then make really really really stupid decisions we probably still will be okay because you're simply it's like saying oh i invested in the internet in the NUMBER_TOKENs i mean you had to be an absolute idiot to not somehow somewhere end up better off after investing the internet than before i think the same thing's true here so you know you can make optimizations all that but at the end of the day anyone who's paying attention to this stuff i think it's gonna be fine that is the perfect place to stop boys and girls if you haven't already be sure to subscribe follow this man everywhere tell them where they can find you uh just on twitter at apompliano or search anthonypopliano on youtube there you go you won't regret
START_INTERACTION_TOKEN boys and girls if you haven't already be sure to subscribe follow this man everywhere tell them where they can find you uh just on twitter at apompliano or search anthonypopliano on youtube there you END_INTERACTION_TOKEN