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Burt Donger
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#bitcoin
Replying to Quackman

Apart from my wife, I have no bitcoiners in meatspace to relate this to, so I’m just gonna leave this here. No one will probably read it, but I just want to get this off my chest. Who knows, maybe it will do some good and inspire someone.

I think one of the most underestimated aspects of bitcoin is how it secretly spills over into other parts of your life. Yes, bitcoin is money in the digital age, yes, it’s a finite black hole that will absorb other asset classes, yes, inflation is theft, yes, it can make a median income earner a massive millionaire when done right. But the most underrated aspect in my eyes, and this is propagated by fellas like nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx and nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs, is it made me realize how insanely valuable my time is.

When this realization occurred, I made it my number one priority to optimize for my time. So while working the fiat mines for the better part of the last decade, every time I earned a promotion or got a better job, my aim was not to earn more, but spend less time earning the same.

Yes, I could have spent more time in the mines and easily earned 2x of what I did, bought more of the coin with said earnings and be a rich fella with a much bigger car and a much bigger house by now, but you know what? Fuck that!

In stead, I got to be there for my parents, my wife and my kids, take care of them, watch them grow, do volunteer work in the local community, and pursue my hobbies, all while showing the kids that it’s OK to work for a living and contribute to society, and that it’s not normal to get retirement-rich off some crazy bet in your younger years.

Understanding the value of my time, thanks to studying bitcoin, was a life altering moment for me, and I am forever grateful for this realization. No amount of money, bitcoin or otherwise, is worth this lesson learned and the life and experiences it provided.

Who knows, with this in mind, you can look yourself in the mirror and ask yourself the extremely confrontational question: what am I doing with my time?!

Read

Replying to Quackman

Apart from my wife, I have no bitcoiners in meatspace to relate this to, so I’m just gonna leave this here. No one will probably read it, but I just want to get this off my chest. Who knows, maybe it will do some good and inspire someone.

I think one of the most underestimated aspects of bitcoin is how it secretly spills over into other parts of your life. Yes, bitcoin is money in the digital age, yes, it’s a finite black hole that will absorb other asset classes, yes, inflation is theft, yes, it can make a median income earner a massive millionaire when done right. But the most underrated aspect in my eyes, and this is propagated by fellas like nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx and nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs, is it made me realize how insanely valuable my time is.

When this realization occurred, I made it my number one priority to optimize for my time. So while working the fiat mines for the better part of the last decade, every time I earned a promotion or got a better job, my aim was not to earn more, but spend less time earning the same.

Yes, I could have spent more time in the mines and easily earned 2x of what I did, bought more of the coin with said earnings and be a rich fella with a much bigger car and a much bigger house by now, but you know what? Fuck that!

In stead, I got to be there for my parents, my wife and my kids, take care of them, watch them grow, do volunteer work in the local community, and pursue my hobbies, all while showing the kids that it’s OK to work for a living and contribute to society, and that it’s not normal to get retirement-rich off some crazy bet in your younger years.

Understanding the value of my time, thanks to studying bitcoin, was a life altering moment for me, and I am forever grateful for this realization. No amount of money, bitcoin or otherwise, is worth this lesson learned and the life and experiences it provided.

Who knows, with this in mind, you can look yourself in the mirror and ask yourself the extremely confrontational question: what am I doing with my time?!

Read

Everyday the bitcoin price stays flat, the market cap goes up 25mm from new coins mined.

Just zapped #[0]​ but it’s Mr. Gigi to you. Value for value. Mr is a legend.

Just zapped #[0]​ and something about it was oddly satisfying. Don’t care if you don’t like his STF model, he’s a maxi and GFY if anything else matters.

Can someone please help me with one good argument why bitcoin will fail?

I’m so high on orange pills that I think I might need to detox.

Just zapped #[0]​ which oddly feels incredibly satisfying. Why is that?

Breedlove’s most recent podcast with james lavish “so it’s a confidence game with the Fed and this government” - aka CON GAME.

Funny he goes on to say “it’s this confidence that is lacking in bitcoin” - so not a con game.

A lot of talk about regional banks exposure to commercial real estate. From my perspective urban office is the significant weak spot but is the concern overblown?

Physical vacancy is different than economic vacancy meaning these large tenants will bear some of the brunt as they attempt to sublease or buy-out their remaining obligations.

Owner occupants likely have more exposure on their business performance rather than value of corporate headquarters etc.

Large urban office buildings are not typically financed by smaller banks or at minimum the loan has participation with another bank.

Bottom line is we’re talking about institutional investors with public companies (financial services etc) as tenants and institutional debt (life ins etc).

Where am I missing? #[0]​ #[1]​ #[2]

I think many churches use the Church Center App which does allow for bitcoin donation but just goes to a form - should just point to a wallet.

Can I please borrow against my underwater bonds at par value?

Then convert those funds to #bitcoin