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Discuss this Quote- Miguel de Cervantes
37k sats \ 2 comments \ @ErnestBakerBR3 3 Aug BooksAndArticles freebie

Today I have an Easter edition of Discuss this Quote.

In his book, Don Quixote, Spanish writer Miguel de Cervantes wrote:

“It is the part of a wise man to keep himself today for tomorrow, and not venture all his eggs in one basket.”

I think the idea of diversification is correct for wealth preservation but most people who have accumulated significant wealth did it in one asset, enterprise or industry. It seems these days having all your eggs in one basket is optimal for wealth generation and not having all your eggs in one basket is optimal for wealth preservation.

What do you think stackers?

Cheers,
GR

244.4k sats \ 0 replies \ @EricClayton5JN 3 Aug freebie

I think SeedSigner, RaspiBlitz, JAM (JoinMarket Web UI), Specter Desktop and Sparrow Wallet are pretty lit too.

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161.2k sats \ 0 replies \ @TyroneGreerZMI 3 Aug freebie

That's a good question that I have never thought about. When I say government I mean the function of governing. Examples.

  • I govern my home
  • The bitcoin rules govern bitcoin
  • Consortium govern industries (privately)
  • There are private governments for certain cities.

When I refer to the State I am using the anarchist definition.

an institution that claims a monopoly on violence over a given territory.

I am sure libertarians and anarchists would have an answer.

If you'd like to dive into the topic of the history of the State I highly recommend The Monopoly on Violence on Prime

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