Why I left traditional Bitcoin finance

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The world of traditional finance can be one of lucrative returns. And those who work in this industry know that it can be hard to resist those returns. The closeness of the financial world to the fiat tap has fed the corporate greed grease pig. And yet, there are those who wish not to eat this pork. Those who have glimpsed a world where progress is not nominal; where proof of work is the only way forward, and embracing the slow and deflationary features of technology is paramount.

This world appeals to the few who dare to wonder where exactly all the money comes from – and how lucky is Bitcoin Magazine that our own Austin Herbert answered that call. Be sure to check out the podcast and read our brief interview below.

How did you first find out about Bitcoin?

I come from a traditional financial background. I have always been interested in the markets. I always knew something was wrong with the old system. “Too Big To Fail” and “The Big Short” had a big impact on me. There had to be a solution and it was not quantitative easing (QE). I found Bitcoin 2017.

What is the main “life lesson” you learned from your switch to bitcoin?

Time in the markets is more important than timing in the markets and low time preference.

Which aspect / idea of ​​the Bitcoin community do you think best represents the ideals you would like to see in the world?

Fix the money, fix the world. First principles: fix the source and the rest will prosper. Real capitalism.

What are you looking forward to the most in the Bitcoin space?

Bitcoin replacing bonds as collateral. This funds the manipulation of the Federal Reserve.

Price forecast for the end of 2021, and the end of 2030?

$ 138,000 and $ 5 million.

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