Time for a pre bull run new wallet.
FYI, 1/34.9 is the base inflation of the money supply (annualised that is 1\34.9 multiplied by 365/100). Actual inflation is that plus bank lending. Inflation is caused by the creation of money at no cost.
Gm nostriches, finally my day off, weather looking good, and #coffeechain on point. https://video.nostr.build/aced6d4f2555e6350cb7618be45d3a064185da3ccbfdbeb2724d1bcd1d69b4da.mp4
Missed us? Weāre back with a š episode!
Grab your āļø & start your day with nostr:npub1pmhevxtlt3478pvmdqt7dftnv6zc2mzpdc569yjm6ks4k2jhezcs53uksr & me š nostr:note14ucy4jnp869nkzdcxm480xakcpt4sszx723hvhjy66qrh2tm7x7qvzq4h6
Speculative attack, flirting with Bitcoin style!!!
Watched Mark Moss, and if weāre doing a speculative attack, should probably borrow fiat against the stack rather than selling it, and paying cap gains.
The result, from the 2017 top, with debts, the stack is still 51.6btc and taking away the debt, that is worth $2.5mill compared to $1.5mill with no fiat debt., starting in 2021 top, you still have 14.8btc and accounting for the debt, you have a stack of $712k, compared to $620k if you had sold from you stack. #bitcoin nostr:note1mgayq636gnkauu7vzt4lvkuxa3zjgt0hdceh9m43600n745tec8sgqmdw7
So, ever wondered the size of the stack you need to reach to be able to live off it indefinitely?
nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe says if you can life of 5% of your #bitcoin stack, it should be sustainable, so 2023 median annual US income $48k, round up to $50k, so, if that is 5% of your stack, you need $1 million stack!!
But the question is, what happens if price falls after you start living off your stack, you eat into your capital? Surely the worse case scenario would be to get to an all time high, see youāve reached a million, say GFY to your boss only to see the value of your stack plummet. Letās run the numbersā¦..
If you made it in 2017, your million dollar stack had nearly 52btc, even after the 2018-2019 and covid crash, youād still have 26.3btc today (youāre gonna make it)
If you made it in 2021, youād have stacked 14.8btc, and today, after living a relatively frugal, but free life for the past 31 months, youād still have a bag of a little under 10.8btc (620k), no Saylor stack, but when things start running, you may even be able to up your living expenses
Compare this with getting into bonds after the GFC, collecting a 0.15 coupon, youād have needed a $33million stack to live off, and then your capital would have been destroyed with rate rises. Just a thought.
Now, just look at your house, do you have enough equity in it to buy 10btc to catch up with our friend from 2021? Could you downsize your current place to buy some freedom? Oh yes, the dream just got a little closer.
Thanks nostr:npub1tqcck8s3ax3f6dv8q8j55lw8z4xzhuxlgw9xa82y3ky99xe7ty3squscd7 for having already done this work and leveraged the good idea. https://youtu.be/8dn7cn4xlIs?si=3fLjDSwG55k4Tre1
Seems like a good way to start any day, with nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe giving a call to action. Be the change you want to see in the world freaks. #bitcoin #catstr
Gm nostriches, pre six am morning so taking the chance to finish off price of tomorrow with a #coffeechain. Marginally scorched milkā¦ā¦ #grownostr
Gm nostriches, rainy July day called for a #coffeechain
Gm nostriches,
No mopy post about missing him over the past 6 years, just thinking if Iād just come back from a walk with him (even in this morningās rain) and heād barked incessantly because he was so stoked to spend time with me, Iām confident (certain) my day would be just be a little better. #dogstr stay humble, stack pats. Miss you buddy. š 
Fiat is the back up for when I trade with normies (so most of the time). Onwards and upwards.
After reading some rather mainstream takes this morning, spouting ādeflation is not desirable eitherā gfy, going full Austrian this afternoon and the logic is calming me like a cool breeze on a summerās day. #bitcoin
āSo you fell off your bike and broke your collarbone, I donāt know why you might be vomiting with massive stomach painsā, in hindsight, concussion was obvious, silly me for thinking a medical Professional would have been able to see the link.
Just been told that even though students have gone home, there are no doctors available to look at a picture and maybe give a repeat prescription for my daughter. And for the love of god, donāt recommend 111, absolutely waste of resources. Well done NHS, youāre fucked. Very very glad Iāve just got very reason private healthcare sortedā¦ā¦ just wondering if it qualifies me for a discount on my tax?
