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Kyle
175aedd73c09740d820effaef13abf59bf1c7471ca69c4f460d622e88fcdd426
Husband | Father | Bitcoin and Nostr Advocate Based in the PNW, I post content about my bitcoin journey and share photography taken on my iPhone 17 Nostr since: 858821 Bitcoin since: 853160

First snow of the season ❄️

I use nostr:nprofile1qqsxvns8pl39uakaema9fy5uphjzajkssyqfx5r7yn0yvgs828xm02spzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgy936vc wallet with NWC for Primal. I’m not familiar with Amethyst and what wallet set up looks like with that client but I imagine there must be some NWC capabilities with it.

GM and PV 🌄

How was your Thanksgiving?

Considering living on a Bitcoin standard?

I’ve lived on it since August of this year with Strike.

Here are some tips and tricks that I’ve learned in the past 90 days that will make your time living on a Bitcoin standard a successful one:

1. Put your entirely monthly spend on credit cards

In my opinion, this is the only way that the live on Bitcoin standard works. Use credit cards with generous cash back or travel miles benefits. This can help eat or offset any small dips in price for the month when you pay your credit card bill.

2. Do not pay the minimum only

Pay off your credit cards in full every month. I made the mistake of maxing my cards over the past few months trying to acquire as much bitcoin as possible in preparation for the 150k-200k price everyone was anticipating. Instead, bitcoin dropped into the 80s and I’ve had to sell at a loss.

3. It helps to have Bitcoin in reserve

I stacked for years before considering doing this. This can help make you whole if you’re negative. Unfortunately, you have to sell the sats to do so.

4. Live within your means

Don’t overspend on credit. Spend less than you earn and living on a Bitcoin standard is possible.

5. DCA

You should be DCAing daily or hourly in addition to the weekly or biweekly smash buys your paychecks purchase for you. DCAing gives you exposure to all the variations of Bitcoin’s price that way large portions of your wealth are not locked in at a fixed price point.

You’re right. You can lose time and value in the short term.

I’ve lived on a Bitcoin standard since late August. Here are some tips and tricks that I’ve learned in the past 90 days:

1. Put your entirely monthly spend on credit cards - In my opinion, this is the only way that the live on Bitcoin standard works. Use credit cards with generous cash back or travel miles benefits. This can help eat or offset any small dips in price for the month when you pay your credit card bill.

2. Do not pay the minimum only - Pay off your credit cards in full every month. I made the mistake of maxing my cards over the past few months trying to acquire as much bitcoin as possible in preparation for the 150k-200k price everyone was anticipating. Instead, bitcoin dropped into the 80s and I’ve had to sell at a loss.

3. It helps to have Bitcoin in reserve - I stacked for years before considering doing this. This can help make you whole if you’re negative. Unfortunately, you have to sell the sats to do so.

4. Live within your means - Don’t overspend on credit. Spend less than you earn and living on a Bitcoin standard is possible.

5. DCA - You should be DCAing daily or hourly in addition to the weekly or biweekly smash buys your paychecks purchase for you. DCAing gives you exposure to all the variations of Bitcoin’s price that way large portions of your wealth are not locked in at a fixed price point.

Strike Bill Pay works best with credit cards. The cash back or miles you get back from doing your entirely monthly spend on credit can help eat the cost of short term volatility.

What can living on a Bitcoin standard do for you?

It lets you take back control of your time. An example from my own life is shown below. This amount is my latest paycheck. I’ve become 5% wealthier since I was paid. This equates to 3.43 hours that I’ve reclaimed for myself. nostr:nprofile1qqsvn0dkjt80raqrxd470c98n7zrdehmcvj6p5hgw3kyku6zyd8z0fqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3qamnwvaz7tmwdaehgu3wwa5kuegufe9k5 nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle

Good to see you again 90k Bitcoin. 🫡

Replying to Avatar Trey Walsh

I am thrilled to announce that I have accepted an offer from nostr:npub17cyatz6z2dzcw6xehtcm9z45m76lde5smxdmyasvs00r4pqv863qrs4ml3 to join the team as their new Director of Finance and Administration!

I will be overseeing the finance, administration, grant and development work of this ever expanding, global organization. I want to thank nostr:nprofile1qqs0ahg7jr9q7fh3xgr0f6pvxj72vwjs78ej7axcnrmat0e2zhepzfcpyfmhxue69uhkummnw3erqvfwvdhh2mn5v4exxmr0vd4hw6tnv5hxjme0qythwumn8ghj7un9d3shjtnwdaehgu3wvfskuep0zqyjzg and nostr:nprofile1qqsywnwsaj4jk7amaq90su86s4uzvmhjgyk53pgzjlw5wg7unh543ecprpmhxue69uhkummnw3ezuendwsh8w6t69e3xj730qyxhwumn8ghj7cnjvghxjme0efuze4 for the opportunity, and I can’t wait to get started with this team on December 8th!

Ever since I went down the Bitcoin rabbit hole in 2021, I knew my role and the contributions I wanted to make in the world would revolve around increasing Bitcoin adoption to those who need it most and updating the narratives surrounding Bitcoin. Bitcoin is a tool for everyone, freedom money for those who need it most, and nostr:npub17cyatz6z2dzcw6xehtcm9z45m76lde5smxdmyasvs00r4pqv863qrs4ml3 embodies this ideal. Following their work over the years, this feels like a natural home for me and my passions in the space. And with my decade+ experience in nonprofit management, administration and development, I am thrilled to utilize these skills at an org running on a Bitcoin standard.

The work and tasks ahead are massive and important. As many of you have seen, My First Bitcoin has recently announced the strategic decision to expand beyond the local in El Salvador to a global organization with no borders focusing on freedom and agency through independent Bitcoin education. I’m excited to see the beginning of this process through with the team.

And for those following and supporting nostr:npub1fpcd25q2zg09rp65fglxuhp0acws5qlphpg88un7mdcskygdvgyqfv4sld the work and org continues as the board navigates the best path forward for what has been an entirely volunteer based org, now focusing on giving grants. Stay tuned for more on that front.

For my friends and connections in the space, I’ll be looking forward to working with you from my new role at My First Bitcoin!

Wishing you success and fulfillment in your latest chapter. You all will do great things together. 🤝

Cooked them with the Ghee I purchased from you too. 🤝

You know what I think is up there with Bitcoin? Beautiful, pasture raised egg yolks. Look at that orange color! 👌

What’s on your menu for Thanksgiving tomorrow?

Good morning friends.

Yesterday, I had a scammer impersonate a friend of mine on Club Orange. The impersonator was able to get me into a Signal chat where he asked me for a significant amount of sats.

The scam was convincing. He knew the name of another friend in our local group and claimed that individual had already helped him out with some sats for an opportunity, but he just needed a little more from me. The con fell apart shortly after that. I blocked the thief and did not send him any sats.

Stay alert and trust your instincts. If something seems off, it probably is.

The beautiful thing about Bitcoin - you don’t have to buy a whole one. You can get about 1,113 sats for $1.00 at the time of this post. My favorite platform to buy sats at is nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9

Replying to Avatar node

*laughs in bitcoin*

For my sunflower lovers 🌻

#flowerstr

⚡️ BOLT12 DEAL ⚡️

Happy August 12th! For this month’s #BOLT12 Day, you can grab a tee for 12K sats.

https://www.thebullish.shop/products?category=t-shirts

To redeem, send payment to the #BOLT12 offer below and reply with proof-of-send (e.g. preimage). Offer is valid today only and limited to the first 12 senders.

lno1zrxq8pjw7qjlm68mtp7e3yvxee4y5xrgjhhyf2fxhlphpckrvevh50u0qffqx7y687d9rn3q64uuxu8nhfk7w22uycwgl5ggj2jydyfeqp5u2qsrh76u7ws84vsf9gxkzvdk96u9pgmcfdtv6tffyuja3e9pprqa9n4qqv7xzvlwa80aueh0yjqpuuvs9j2syzt8yaqngr7j786ec6rvt6qt22yl586td0qyc88glwlxggzd95eksv4yqvvwv3gy4t2njal3d5c46cpx8rqv58rgpeapyew7ys0szxz9ptt3uqqsg338yden7qw3c5fkzm4xwzfrpc

I’m interested but am having issues sending payment. See below:

New Bitcoin signal. A must watch! Well done nostr:npub1yp4n0rw5sgf9sl4ta0wxfvq9pxc67sf0s3vmfp5l7r5uzleqqrhsyskqyk

https://youtu.be/zgwY8Vpip_4

Is there a way to see the amount of sats an npub has sent and received over the course of its lifetime? ⚡️

#asknostr

I was a noob like that at one time. I would run bones or rune essence for higher level players. That’s how I was able to afford my first set of full rune.