The price for living in the future - health tracking edition

Whats the price I’m willing to pay to live in the future? Thats what I’m asking myself lately - mostly in regard to health-tracking. There are so many things I would like to try out, but there is always a price to pay. For smartphones it is giving ‘all your data’ to a giant US corporation or to have a barely working phone if you don’t. Then there are all the QS gadgets I would love to use - but haven’t.

Bitcoin is the gold standard of crypto

When we look at Bitcoin, we see a resource with a limited supply which cannot be obtained by any other means than mining it. Very similar to gold. In our history gold was first used as a direct means of payment - as ‘currency’. Together with gold there was silver which had similar properties but which was a bit less rare to find. After some time in which coins were made out of silver and gold there came the time of paper money.
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How to backup private keys

What was holding me back from using pgp for a very long time was the fear of loosing my private keys and then not to be able to decode any messages sent to me. Also I didn’t feel comfortable storing a backup of my private keys in any place where they might easily be stolen. tl;dr pipe your private key through paperkey to dmtx and print a data matrix (QR-code) on paper

Trust the technology not the market

tl;dr For a buy and hold strategy for any kind of crypto I suggest to allocate a budget for every month and every week to buy for the same amount. At any time in history, humans seem to over or underestimate the value of pretty much everything - that’s why there is so much volatility in the markets (stocks, crypto and other ressources). If we look a litte bit deeper its not so much that we get it right and wrong at the same time, it’s rather that the same resource has a different value to different people at the same time.