I think JPEGs on the timechain are stupid.

But the idea that they're going to hurt Bitcoin seems so weak to me. Like the US dollar can withstand people scribbling on it but Bitcoin can't?

In fact, the idea of Bitcoin as a glorious digital monument with some graffiti scribbled on it represents humanity pretty well. That's kind of us in a nutshell. Seems on-brand. Perfectionists trying to keep their little gardens tidy while trolls come in and find ways to mess with them anyway.

NFTs and memecoins already had their peak fad moments. People now know that they're non-scarce gambling toys rather than investments. It's just echoes of that peak now. The only thing that concerned me about the ordinals/runes period was the rapid UTXO bloat, not the blockspace usage, since the latter already has a consensus limit on it.

And if Bitcoin transactions can't outprice JPEGs in the long run, then it's just not that valuable. Bitcoin currently does about 1% of the gross settlement volume of Fedwire. That's peanuts. Imagine if it reaches a point where it does even like 10% of Fedwire. What would you pay to move a full bitcoin globally, permissionlessly, in 10 minutes, in a world where it's no longer a niche thing?

It's very clear that Real Estate is crashing vs Bitcoin

BUT

There is still a need for shelter

So how do you optimise?

All I can see are trade-offs, which is always the case, and I can't seem to justify selling Bitcoin

But I am about to make the 9th move since selling our primary place of residence in 2022

It's exhausting

You can't live in a Bitcoin never been more true to me!

Do you sell Bitcoin?

Do you try to get as much fiat debt as possible?

Do you take debt against your Bitcoin?

The conversation will continue...

I've loved the idea of a Bitcoin-backed-mortgage, without liquidation risk, that I have seen CJ Konstantinos talking about, but the product isn't live yet, and who knows when it will be (especially for the Australian market)

The removal of SAB 121 in the US should mean that there is a big shift from Banks to custody of Bitcoin, and then debt products, but that will certainly come with counter-party risk

We're so early!

If I wait 5 years for this all to develop, before I know it, my kids will be grown up and out of home, and I will have missed some key years just being with them

Something's gotta give

Sold my soul to buzzbot this morning and already regret it.

Need a shower to wash off the filth.

Never again.

was hooked by balatro, now slightly addicted to slay the spire. trying monster train next. deckbuilder roguelites 🤌

losing is fun!

💯#Sats to everyone who follows, likes , comments and reposts!

just reply “ 💯 + #ZAPDEEZNUTS “

and let the magic happen! ✨

#zapdeeznuts #100for100

#zapathon #plebchaim 🫂

🧡 #BITCOIN #GM 🫂✨

Family vacations are different when you are the parent

It is a lot more work than when I was a kid, when everything happened magically

#dadstr

Some people say I should post more about bitcoin on Nostr.

But you already know about bitcoin, don’t you Neo?

Your real question is what you should do with it now.

Losing track of days…..

But since our last post we have spent time in Shellharbour, south of Sydney.

Took the kids and wifey on the famous Bondi to Coogee coastal walk, a quick lap around the opera house and across the Sydney Harbour Bridge.

Then onto Ulladulla and surfing at Mollymook Beach. Mollymook is simply stunning and great little beginner beach breaks.

A few days surfing at Broulee beach, a quiet little coastal town.

If you think i am bored of exploring beaches, surfing, sand, lookouts and coastal walks. Think again.

BREAKING: Looks like El Salvador stopped purchasing one #Bitcoin daily.

True, but I also wouldn’t underestimate how fragile the system is either.

Australia’s fate is no longer in Australian hands.

The UBS/Credit Suisse Global Wealth Report has #AUStriches in second place for median wealth, only behind Luxembourg, and fifth in average wealth globally. This situation will not last.

Household debt to GDP is beyond where Ireland got to before their bubble burst (pic 2), and the propadee market is already valued beyond Japan’s peak (see below).

Do not invest more in Aussie real estate than you can afford to lose.

Study #Bitcoin nostr:note1spd22ma6rzvvnzgsfus6k5kzmzpcvd3fzu2xq2khhwysy0ezqe6spc2jft

Day 12

Another big long walk

Some laundry - we don’t have a washing machine fitted to the van. Slight regrets. We use a lot of cupboard space and you would have to sacrifice some to fit a washing machine. You have to get them fitted at construction as the plumbing needs to be run prior to fit out. Alas, we did not and have been spending about $20 a load and have done 3 loads so far. Also a big variation in prices. We have seen anywhere from $4-$7 per load. The other thing we considered was a portable machine. Decided against as it yet another thing to lug around.

Used Australia Post parcel collect service to get a few things we bought online delivered. Such as around 1.8kg of my favourite dried meats….

This is a good service for Aussies without a fixed address. Get things sent to the post office where you will be. I would definitely recommend planning ahead here and give yourself a couple of days for the item to sit there before you arrive. You don’t want to be stuck in a town waiting for your delivery.

Also trigger warning: digital ID needed (Aust post variety). Choose the person in the family most likely to do hard time in the future and compromise their security instead. :)

More swimming and slides and a nice drink at the swim up bar.

Took doggo for a bath and then a run at the doggy park. He is slimming out nicely with all this walking and exercise.

Currently back into doing 100 push ups a day. I’m on day 7. Keen to stick this out until the end. Will post before and after pics if I get buff. I won’t promise anything.

Used ChatGPT to draw up an email I’ll use to email parks around Oz for gigs. Stay and play…

Kids homeschool going great. Found out some holes in their math game we didn’t realise existed. Can plug them easily over coming days. Math is foundational. People of struggle often missed some of these foundational steps along the way. Set up for failure by the system. Grateful I have the opportunity to intervene.

Can math 🎤⬇️

Another

Bad Excuse!

Let’s make 2025 EPIC:

- Meditate daily

- Lift 5x a week

- Stay hydrated and educated

- Eat real, protein-rich food

- Get 8 hours of quality sleep

- DCA #Bitcoin

- Take creatine

- Cut the junk (news, food, negativity)

This is the year for health & financial freedom. LFG!

Gm Nostr 🌞

1972 Nor’Star Flicka 20

‘Heart of Gold’ 💛

#sailing

💥New day, new NOSTR giveaway!💥

• #Bitaxe #Bitcoin Miner •

• Entry Rules: •

• Like•Share•Follow us on NOSTR! •

Global shipping available for FREE!

*Winner must provide shipping and contact details within 24 hours of winning.*

What you will receive :

•1- Bitaxe.

• 1- Solo Satoshi stand.

•1- Power supply.

If you run a Bitaxe, we want to follow you.