Josh Terry Profile picture
Jun 10, 2021 8 tweets 4 min read Read on X
An eight part video thread about #Bitcoin the #BitcoinLaw and the incredible work of @nayibbukele and @jackmallers
The arguments against #bitcoin just aren't good arguments. Arguments against El Salvador will be just as unfounded.
Let's be clear. Inflation is harmful.
The data is in on inflation.
And developed countries are choosing to not change course. They're choosing to continue to print money despite the truth that it's harmful.
Beyond inflation, countries that are struggling deal with fees that many people in the wealthier nations never even think about. The expression, "It's expensive to be poor," comes to mind.

Remittance fees are unnecessarily heavy, and prey on people's lack of choice.
Most actions worthy of respect are mocked. Bravery doesn't have an immediate reward. It's one that builds over time as the doubters fade away and the truth shines through.
The actions to pass the #BitcoinLaw law are actions of bravery, consideration, and wisdom. I believe they will spark innovation and a better future.

And anyone who chooses to act to make the world a better place is of immense value to the world.

Thank you.

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More from @JoshTerryPlays

Oct 31, 2023
Napolean Hill once said:

"A goal is a dream without a deadline."

But most people miss their goals (and dreams are rarely discovered).

Do this to hit your personal KPIs: Image
If you fail to meet your goals, you first must figure out whether the problem is:

1. Laziness
2. Addiction

Because if you’re being lazy, you need to do more.

And if you’re dealing with an addiction, you need to do less.
For example:

You might think you’re not getting enough work done because you’re lazy.

And you think the solution is to work harder.

But the reality is you’re addicted to your phone which drains you of motivation.
Read 9 tweets
Oct 7, 2022
Some people talk about how important it is to be content with what you have.
🧵👇
And then others talk about how important it is to never be satisfied and always push yourself toward bigger goals.
But if you become content with what you have. You'll stop growing and you won't reach your potential. And if you never let yourself be satisfied and push yourself constantly then you'll be miserable and underperform as you drain yourself.
Read 5 tweets
Jun 13, 2022
See the good in yourself because it’s useful.

If you make nine good decisions and one bad decision you’ll probably call yourself a bad decision maker. Because we like to dislike ourselves.
🧵👇
If you do this, you’ll make your belief come true, and make bad decisions because your picture of reality is wrong.
The more clearly we see reality the better our decisions are. And you are a part of your reality.
Read 7 tweets
Jun 10, 2022
Listening to your own instinct is an important element of strength.
🧵👇
And listening to your own instincts results in better outcomes over time.
If you have an instinct to do or say something and you don't act on it because you're not sure about it or concerned what others will think, then you won't learn whether or not it was a good instinct.
Read 7 tweets
Dec 29, 2020
Big institutions currently have about ten trillion dollars invested in alternative assets.

Alternative assets are things that offset the movement of the stock and bond markets. They're used for more risky or uncorrelated investments.

Thread below about #BTC
There's almost five hundred billion dollars worth of bitcoin.

$498,033,281,511
Price per bitcoin - $26,843.00

If large institutions moved one percent of their alternative asset allocation into bitcoin, then bitcoin would be worth $36,244.44
There's roughly nine trillion dollars worth of gold in the world.

$9,000,000,000,000

Which is about five and a half times the value of the company Amazon.
Read 9 tweets
Dec 23, 2020
People keep talking about how insane the valuations in the markets are right now. Let's look at some ridiculous math. Maybe it's not what you think.

Here's the M3 money supply at the beginning of the year.
And here's the M3 money supply at the end of this year.
We have about 3.4 trillion more US dollars wiggling around the United States.
Read 14 tweets

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