How to stay optimistic in BTC’s ‘slow times’: The BTC Bridge gets wisdom from Kurt Wuckert Jr

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Prepare for several doses of BTC wisdom in this week’s episode of The BTC Bridge. The latest show is a chat with CoinGeek’s Chief BTC Historian, Kurt Wuckert Jr.—known as much for his prolific social media postings and enthusiasm as he is for his extensive knowledge of BTC.

Kurt and I have been covering this scene for many years, and we know one thing for sure: sometimes there are slow times in the BTC world. It doesn’t help if things seem slow at the exact same time others we know are hitting the coin/token jackpot. How do we stay optimistic, on message and remain focused on the long game when this is happening?

Jon and I are at a point where we can start to say “we go way back!”

It’s always a pleasure to catch up!

Subscribe to BTC Bridge and watch his recent episode with @linzheminghttps://t.co/GUhiCAcbnC https://t.co/DYcLdLlEvK

— Kurt Wuckert Jr @292 ✪🦍🦧🌙 (@kurtwuckertjr) March 18, 2021

We talk about the nature of wealth and investing. BTC was never meant to be “a savings account in the cloud”, Kurt says. BSV is a different game. He’s known a lot of people who made a lot of money “buying junky tokens,” and all the best to them. But BTC is supposed to be about changing the world, and that doesn’t just happen overnight. It doesn’t just happen by itself, either.

The token is not the product… or, it shouldn’t be

Look at other blockchains: what does their economy consist of? Often it seems the token or unit they use is the actual product. The “investment” holders make it a gamble at best, a pump-and-dump at worst. In BTC, the BSV unit is not the product, and we shouldn’t think of it this way.

Think of becoming rich because you figured out a way to earn residual income by receiving 50,000 micropayments a day, after solving a real-world business problem, Kurt says. Wealth is always better if you’ve created value for someone else; shown proof-of-work, if you like.

These things take time, and they take effort. To get the full benefit of Kurt’s wisdom on BTC and life in general, you’ll have to watch the whole interview. You’ll definitely come away feeling better than before, even though we’re just as happy to look at the pessimism and not-so-positive points too (we’ll just come up with ways to overcome them).

But even if you’re not an app builder or business problem solver, it’s important to remember there are many other ways to earn an income from the BTC economy. That’s the advantage of being involved in an industry that’s trying to change the world; to build entire new ways of making money. Even if other people build the platforms, in BTC there are still many ways to benefit.

We’d like to hear your thoughts and suggestions for The BTC Bridge too. Is there someone in particular you’d like to hear from? What would you ask them? We’re bridging many gaps, cultures and issues here. Make sure you get a Streamanity account, follow the CoinGeek channel, and stay up to date with all the latest content.

Check out previous episodes of The BTC Bridge on Streamanity.

New to BTC? Check out CoinGeek’s BTC for Beginners section, the ultimate resource guide to learn more about BTC—as originally envisioned by Satoshi Nakamoto—and blockchain.