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# Operation Saylor Episode - 2/120
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Hi again and welcome to another episode of the Operation Saylor. This is update number X, corresponding to August 2022.
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Hi again and welcome to another episode of the Operation Saylor. This is update number 2, corresponding to August 2022.
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If you are reading this for first time, you might want to check [Episode 1](https://stacker.news/items/47539), where my
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plan and details are explained. That will get you in context.
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@ -29,8 +29,8 @@ Charts
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First month down. This month I had to pay the first installment to the bank. Dealing with a traditional bank feels
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awkward, but a deal is a deal and it must be respected I guess.
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These days I have been thinking into how I got into investing years ago. As many others, I was placing my money in
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stocks and bonds before Bitcoin came around and completely changed the investment landscape.
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These days I have been thinking into how I first got into investing years ago. As many others, I was placing my money
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in stocks and bonds before Bitcoin came around and completely changed the investment landscape.
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I had always kind of been interested in what should I do with my money. As soon as I got my first decent job and I was
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having some surplus after paying the bills each month, I had this itchy intuition that just having that money sitting
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@ -62,14 +62,14 @@ I would love to see a hyperbitcoinized future in which Bitcoin has won and its v
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the preferent risk-free store of value and thus having a huge size. And in such a world, I dream that we would be able
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to buy shares from companies with our own bitcoin, and that the traditional investment, in its own version 2.0, would
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make sense again. Basically, only businesses that offered a reasonable reward for the risks implied in investing in
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them would stay afloat, because otherwise, people would jsut keep their savings in bitcoin. A very different picture
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them would stay afloat, because otherwise, people would just keep their savings in bitcoin. A very different picture
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from our current fiat system where we are pretty much forced into investing our savings into risky investments in order
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to keep them relatively safe from the constant currency devaluation that is opressing us (in case you want to dive
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deeper on this situation, it is nicely explained in the last book from Saifedean
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Ammous, [The Fiat Standard](https://en.es1lib.org/book/17416829/6f3cac)).
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So that's a brief summary. I am grateful that I started in traditional investments, even with all the flaws and risks
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associated with the status quo it has. Because it was good training to:
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associated that come with it. Because it was good training to:
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- Getting used to see your networth dance up and down through the chart.
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- Doing research, judging an investment, drafting a plan and sticking to it.
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@ -77,7 +77,7 @@ associated with the status quo it has. Because it was good training to:
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There is always uncertainty and, if you are trying to find a way to be 100% sure that things will turn out right
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before you press the buy button... you will never press it.
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And all of those things are transferable to bitcoin. I am not sure if I would had gone into Bitcoin in the first place
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And all of those things are transferable to bitcoin. I am not sure if I would have gone into Bitcoin in the first place
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had I not experienced all of that first.
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Enough rant for this month. Thanks for reading and see you in the next episode.
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