<oembed><type>rich</type><version>1.0</version><title>Juraj wrote</title><author_name>Juraj (npub1m2…lr8p9)</author_name><author_url>https://yabu.me/npub1m2mvvpjugwdehtaskrcl7ksvdqnnhnjur9v6g9v266nss504q7mqvlr8p9</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>Optionality over commitment&#xA;&#xA;People often praise commitment. And it&#39;s important - to commit to something. But doing it in a way that leaves space for other things is important too, because our choice what we commit to is prone to our mistakes.&#xA;&#xA;My mental model is:&#xA;&#xA;&#34;Build positions with many possible next moves, then choose when you have better information. Avoid irreversible decisions before necessary. The parallel path is itself an optionality strategy.&#34; &#xA;&#xA;This might sound very abstract at first, but it is possible to do this. Practically, when deciding about something, ask this question: &#34;What if my assumptions or outcomes were completely off?&#34;. &#xA;&#xA;Let&#39;s say you have chosen a place to live. Nice, peaceful, nature, kids, school, work opportunities, cost is not too high, all is good. Then ask: &#34;What if this turns into a complete dystopia in 5 years? What if there&#39;s a war? &#34;. Then get a residency somewhere that is as far from the place as humanly possible, and get one foot there. Visit yearly (or every two years). Now you have optionality - you know where to eat, where to shop, where the hospital is, you know local people and you have a permit to stay and work for however long you want, without needing permission from the original country (like criminal registry record, etc.).&#xA;&#xA;And yes, this means that if you are a Bitcoin maxi, you need some gold. I still think Bitcoin will win, but what if not.</html></oembed>