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Fique quieto 😤

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Many protocols in defi and web3 in general have had their domains hacked. AVOID using until you know the extent of the damage. For now, this is the list of protocols affected, but not exclusive to them: Pendle, Karak, Compound, DYDX, Thorchain, Polymarket, Chainlist among others. Pass this message forward to prevent more people from being affected 🙏

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$1M is NOT enough for retirement It's better than nothing, but if that's all you're able to save, you'll be living like the seniors who saved $250-$300K When they were saving that money, it felt like a lot But when they retired, it probably felt like they didn't have even close to enough $1M isn't enough to retire because the US dollar will continue to be devalued for a LONG time In 25 years, $1M will have the same purchasing power as ~$200k today $2M will be worth ~$400k $5M will be worth ~$1M This isn't because the money in your bank account will somehow disappear It's because money can be printed faster than goods can be produced I think we will see high inflation (I'm guessing ~5%) over the next few decades because the US will have to borrow more money to pay back the interest on its debts, adding more money to the economy each year At a 10% growth rate, you'll need to invest $2500/month into the S&P 500 to get to $5M Most people will NEVER be able to retire This is why I always talk about #Bitcoin

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The main reason people don’t buy #bitcoin is because they don’t understand that money printing cause inflation and that inflation is time theft, and that time theft is slow murder.

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The US Dollar is in the hands of a senile man with Parkinsons. The EURO is in the hands of a committee out of Belgium, trying to contain the French from outspending the Greeks. The YEN is a dying system run by a the highest debt-gdp operation on the planet. Bitcoin is in the hands of nobody. It's the world's currency. It's an asset that lives everywhere and nowhere. It's Switzerland in the cloud.

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Over the past five years I’ve essentially begged my closest friends and family members to “just stack sats, regardless of price, for a minimum of ten years. Don’t sell any bitcoin during this time. Don’t buy any other cryptocurrency. Doing this will almost certainly change your financial future for the better.” Results: - 100% of them agreed to and initiated this plan. - To date, 0% have maintained the plan. - Some traded their bitcoin for crypto and are down big. - Others sold their bitcoin near the 2022 bear market bottom. - Most are still struggling financially and have little hope for their future. - I still encourage them that it’s not too late to start over with the original plan. - They think I’m a little crazy and (probably) just lucky. :( What do you think about this?

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