It corresponds to each marginal dollar. Let’s say you have 5 bitcoin and earn $120,000 a year.

Bitcoin goes to $1,000,000. You initially put in $35,000 and now have 5 million.

Each additional $35,000 now buys you 3.5 million sats. Your salary did not increase so you still have to work 3.5 months to earn 35k.

Let’s imagine you believe bitcoin will increase in value to 10 million per coin over the next 10 years.

You’ll ultimately have 50 million dollars with your current stack.

Each additional stack of 35k will be worth $350,000 at 10 mil per coin.

If you’re lucky maybe you can do a stack a year. So best case 3.5 million. Or realistically more like 1.5 million.

So the question you have to ask yourself is if it’s really worth it to work 10 more years of your life, just for an additional 1.5 mil if you already have 50 mil?

Beyond Cope

--------------

It's a widespread habit. We stumble upon a problem, and instead of looking inward for solutions, we blame something else. The person struggling with weight issues pins it on a medical condition, while the unambitious Millenial claims he hasn't found his true calling yet. The woman stagnating in her career accuses a boss of harboring jealousy.

These are instances of 'coping', a contemporary term for constructing narratives that bypass our shortcomings. We skillfully dodge the actual issue at hand, that the lion's share of our problems are rooted in deficiencies in our virtue.

When we cope, we're just hitting the snooze button on the wake-up call to improve ourselves. Addressing our lack of virtue and improving our character is a tough pill to swallow, but it's the real medicine we need.

The way out of this cycle isn't found on the outside; it's an inside job. We need to face the music, quit the coping, and start growing. It's about putting in the sweat equity, building mental muscle, and sticking to the truth, no matter how inconvenient.

This workout isn't for the faint-hearted. It's about squaring up to our flaws, and going all-in to better ourselves. Yes, it's a grind, but the payoff is worth it. And it'll make for a much better story later.

Those that are aware of history know that moving to a #Bitcoin Standard is the most important thing for human civilization.

“The Price of Tomorrow” by #[0]​ summarized by ChatGPT (if you haven’t read it you should do so):

1. Technological progress is exponential and is accelerating, which will inevitably lead to deflation and job displacement.

2. The current economic system, which is based on debt and inflation, is unsustainable and will collapse under the pressure of technological progress.

3. To avoid a catastrophic collapse, we need a new economic system that leverages technology to create a more equitable and sustainable future.

4. The key to success in the future is to embrace innovation and collaborate with technology, rather than trying to resist or control it.

5. Artificial intelligence, robotics, and automation will continue to replace human labor, which will require a fundamental shift in the way we think about work and employment.

6. The education system needs to be reformed to prepare future generations for a world where innovation and adaptability are essential.

7. The future will be characterized by abundance, but we need to be willing to adapt and change our thinking to get there.

8. We need to address the issue of income inequality, which will become more pronounced as technology continues to disrupt the job market.

9. Governments and policymakers need to be proactive in anticipating and addressing the challenges that will arise from technological progress.

10. The future is not predetermined, and we have the power to shape it by embracing innovation and working together to create a better world.

When ChatBTC?

I personally will be zapping every comment in the thread. Which will reload everyone else who is zapping.

For 15 minutes

Places you should never ever under any circumstances store your bitcoin.

Your phone.

The cloud.

An exchange.

Your house.

Not the real story.

Bro who cares he can’t do anything to bitcoin even if he wins

we the community is cringe

Yes, but it would have to be done jurisdiction by jurisdiction, starting with a successful case against him in the US/EU, and then with that in hand, dismantle his fraudulent Patent applications and anything else he is fraudulently claiming, making the UK courts an outlier globally. That would cause them to capitulate, and if not, render their judgments severely localized and not recognized in any civilized court.

This would mean a very aggressive legal firm going scorched earth everywhere but Britain. Coinbase can certainly afford it on its own, never mind with all the other COPA members joining in. Faketoshi is weaponizing weak courts where justice is not available to secure judgements that he is using in other jurisdictions. If he can do it, anyone can.

Nostriches. Has Damus build 8 been pushed to the app store? Are you all now zap enabled?

[778024]

How to say NO SHITCOINING nicely:

"While this is an open discussion and everyone is welcome, we will not be discussing "Altcoins" or anything from the "Cryptocurrency" space. Bitcoin is different and we will focus the discussions on Bitcoin, because nothing else matters. Everything else is filled with scams and charlatans looking to make a quick buck."