2 Comments
Oct 31, 2022Liked by Mark Helfman

Mark, my head is going to either start leaking because it can't fit anymore economic, geopolitical, market analysis or speculative guess data. I'm certain my gray matter is at full storage capacity. Hopefully a steady leak of knowledge not yet converted to long term memory will be the worst casualty. If not, and there is no pressure release valve, the alternative is a total meltdown, critical breach of the skull and I'm going explode sending high energy particles out in all directions causing a great deal of damage to any people, animals or plants within a 100 yard radius.

I never would have thought getting into bitcoin and subsequently crypto as a whole would end up in myself feeling I can't make any financial decisions without an expert understanding of EVERYTHING. Yes, everything. Macro, micro, fiscal policy, global money supply, market dynamics, IT and IT security, -physical- security from the $5 wrench attack, the complexities of compound interest across assets of constantly changing value as compared to USD which is also constantly changing in value, fungible and non fungible value, the entire history of money, human psychology and the behavioral mechanics of virtual miners competing to solve simple equations where the best method of doing so is pure, random guessing, the ulterior motives of VCs, the velocity of money, the flow of new money and in what direction, falling wedges, ascending triangles, bull pennants bear flags, RHODL waves, MVRV-Z score, S2F models, what JPOW ate for breakfast before an FOMC meeting, who Gensler is working for, and more and more and more.

Less than 5 years ago, investing was comprised of giving money to some guy every month and returning 8% YoY growth. Now I need 17 PhDs to not end up completely fuckin rekt. 😰

I used to remember doing things like going to movies, the park, or vegging out on my couch watching reruns of Seinfeld and being happy as a clam. Today, if I'm not studying some obscure chart comparing one thing I don't understand to another thing I don't understand I feel guilty and like I'm not being productive for the future of my financial well being.

Something's gotta give. They say it's the journey not the destination. If I keep this up I won't know my own name by the time I reach the place I'm trying to get to.

/End rant

Cheers

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