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If the last ten years have taught me anything, it’s the importance of patience and thoughtfulness in decision making.
I used to hold a double-digit stack of BTC, and sold them all in 2015 in protest of both the project’s technical direction (small blocks, Segwit, Lightning, etc.) and abusive straying from its cypherpunk roots (censorship, Blockstream’s capture, etc).
In hindsight, it was an expensive mistake, because the upside of hodling (now I the millions of dollars) was at least two orders of magnitudes greater than the downside (tens of thousands). I wish I had read Antifragile and learned to navigate asymmetrical bets sooner.
Not long after, I also resigned in protest of being passed for Partner promotion at a Big Four, against the advice of my peers. I eventually made it at a different firm, but I took a needlessly circuitous route to get there. 1/3 15 replies
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Last year, I nuked an 11-year Reddit account with tens of thousands in karma, in protest of the killing of the API and the Apollo client. I ostracized myself from some beloved communities there (incl. /r/ethfinance), and of course Reddit kept chugging along just fine, just like BTC and my old firm. I still miss Reddit but I still mentally resist going back. Farcaster became my proxy; and while it’s a pleasant online abode, it’s just not the same.
In retrospect, I accept that I have not been the wisest at decision making, and it stings. I always thought being principled and standing for one’s beliefs was paramount.
I still believe that, but I understand that making important decisions requires more nuance than my ego was prepared to make room for.
Those might be small and relatively trivial examples, but extrapolating from them, it’s a tough line to navigate between remaining true to oneself and cutting one’s nose to spite the face. 2/3 3 replies
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