That’s cool. Take your time. Recharge the batteries.
Utter fantasy from The Times saying that if you save roughly £0.25M in your pension fund over 50 years, the ‘average 5% annual growth’ you’ll make on it will take it to £1M. Yeah, right. Meanwhile us Gen Zers have experienced negative real growth on average over the course of our careers.
If you’re not sure whether a spot ETF is a good thing, allow me to explain.
Here in the UK, we can’t touch our pension savings until the age of 55. Even then, you can withdraw 25% tax-free but the rest is taxable. So you might have a significant chunk of savings just sitting there not in Bitcoin and not be allowed to put it into Bitcoin.
So let’s say you have £100K in a pension fund — enough to buy 4+ Bitcoin today. Let’s say you’re 45. In 10 years, when you’re 55, one Bitcoin will cost > £1M i.e. by the time you’re allowed to withdraw, you’ll only be able to buy a small fraction of what you could buy with it today.
Now, if there were a spot ETF, you could direct your pension provider to put it all into the spot ETF, thus keeping up with the price action, so when you reach 55, you can withdraw 25% and buy a whole Bitcoin and still have price action on another 3 Bitcoin. At any time thereafter, you can withdraw the 3 BTC-worth of cash, pay tax and buy another 2+ BTC.
This effectively turns £100K to £200K in pension savings into £3M+ in Bitcoin savings.
Who wouldn’t want that?
Surprisingly based report by KPMG (top 4 global consulting firm) on Bitcoin
Even talks about the blocksize wars when discussing Bitcoin’s governance 👌
https://advisory.kpmg.us/articles/2023/bitcoin-role-esg-imperative.html
The face-melting will commence shortly!
Any particular reason for the overnight Bitcoin sale?
In the meantime, I’ll assume someone criticised some shitcoin or other — it’s usually either that or a bank in trouble.
Can’t wait! Coming to Audible too?
Hey Bitcoiners — we need to be able to pay for Airbnb with Bitcoin & Lightning. That is all.
turned the living room tv stand into a standing desk. nostr:npub1h50pnxqw9jg7dhr906fvy4mze2yzawf895jhnc3p7qmljdugm6gsrurqev might kill me. 
If you think Asus makes TVs, you might be a bit of a geek 🧡
Hey nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 not sure how much you’ll be thinking about Bitcoin while on vacation, but I’m looking for some good French language Bitcoin YoutTubers to point my French friends at — could you please recommend (or just re-share so one of your followers can recommend)?
(I’m guessing you might get asked that a lot in Canada and therefore have a ready answer.)
Enjoy the rest of the hols!
I’d tell myself that in 2021 the Bitcoin price would exceed $67K — pretty sure that would make me learn!
Took the kids to a fun park in the UK yesterday. Ticket prices are up 60% vs last year. SIXTY percent.
I agree that XRP is a shitcoin, but I disagree that a win for it against the SEC is good. The SEC is irrelevant to Bitcoin. XRP needs kicked in the dick as often as possible.
Inflation! Just a couple of years ago, this would have been £8 tops. 
🤡🌍 
I’ve seen a few individual posts — if you know anyone doing automated reposts, please drop a few names.
> 400mg caffeine per day apparently. That’s what I read anyway (can’t remember where). I can vouch for almost being able to phase through walls if I even get close to that. I seldom do more than about 270mg per day.
I’d probably say “Thanks, Adam” and take it. Not saying I’d ingest it, but it’d be cool story to tell.
I can’t believe I’m this early on Nostr… nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m 