HMU if you need a Proton Wallet invite
Bitcoin infinity day 8/21
OMW to Riga 🇱🇻
Have you seen this doc based on Prof. Richard Werner's book?
Happy Yorkshire Day
7th Property + Gradually, Then Suddenly both now available for free online.
https://nakamotoinstitute.org/library/gradually-then-suddenly/table-of-contents/
What's your unit of account?
Remember NFTs?
One of their main use cases rn is in approval phishing scams.
A fake NFT pops up in a target's wallet with some kind of call to action (fear or greed based).
This leads them towards signing a malicious contract.
Click approve and their 'crypto' goes bye bye.
https://www.chainalysis.com/blog/approval-phishing-cryptocurrency-scams-2023/
Property valuations in freefall
Last November I shared a post referencing a 2-bed flat on the market in central London.
The asking price was £1.4m, spotted today it's been revised down to £1.25m (-11%)
In Bitcoin terms, the asking price was 47.1 BTC, today 27.8 BTC (-41%)
How did we end up with committees attempting to centrally plan the price of capital?
Future generations will look back in disbelief.
Touching grass in the South Downs this weekend. Some beautiful spots in blighty when the sun comes out.
Spotted a clip from the documentary "Four Horsemen" on the timeline today.
I remember watching it as an undergrad student almost 10 years ago, very formative looking back.
"Human beings go mad in crowds and come to their senses slowly and individually. History is littered with examples of people who threw off the yoke of oppression to adopt radical change, only to end up with popular new rules that maintain the status quo. To really understand something is to be liberated from it. Dedicating oneself to a great cause, taking responsibility, and gaining self-knowledge is the essence of being human. A predatory capitalist's truest enemy, and humanity's greatest ally, is the self-educated individual who has read, understood, delays their gratification, and walks around with their eyes wide open."
The full doc is still available on YouTube and well worth a watch .
Gnarly typo, no ragrets
Good one to consider: How much does each extra year of stacking add to the bag in % terms? Thinking BTC not fiat here.
Eveyone has their own dance with this paradox.
A - Live for today, be present in the eternal now.
B - Save for tomorrow, hold something back, give future you a leg up.
Just saw a rare BTCGBP order flash up on bisq, ask ~2% below spot price. Too slow to hit it 😅 more people in the market these days...
Cheap currencies are the root cause of the UK's property bubble.
Relatively scarce compared to currency, property has become the world's largest store of wealth ($330T).
As a superior store of value, #Bitcoin will be more disruptive than new tax policy.
https://www.thetimes.co.uk/article/michael-gove-calls-for-tax-on-homebuyers-from-abroad-fr87dgwbn
Neat framework for understanding "The Sovereign Individual" themes over the next decade.
Acquire (greed), Defend (fear), Bond (belonging), Learn (curiosity), Feel (escape)
cc nostr:npub1cf3zeytdnwgwzz5pk2ax0vvmmlzad03xcft4d50ejrfhsh8pxcdsefx7gk
https://philjbonello.substack.com/p/the-sovereign-individual-investment
I've been thinking about a variation on that one:
"change the money, change the world"
🏡 June 2023 #bitcoin House Price Index: The average #propertyprice is now 12.88 BTC in the #UK 🇬🇧. Priced in BTC, UK #HousePrices rose 14.9% between June 2022 and June 2023, but fell 62.0% over the last 4 years.
Created another BTC HPI test but with 1 year and 4 year comparison.
