Subnostr

No? Well that is all stupid! He could liquidate and pay the fees and penalties. I would cost him about 300K or he could just move 300K into a BTC ETF and let it grow tax free.

Stop being dumb asses! Stop it with the straw man fallacies, no one is telling anyone to take free cash and buy an ETF with it.

Again what do you tell the 43 year old guy with a fat 401K who will be working 15-20 more years for the same place?

What do you tell the pension fund manager for the Boston Police department to do? The UAW pension funds manager? The pension funds manager for the Chicago School district?

Well most of you tell them nothing because they'd not listen to you given the tantrums and nonsense I have been watching for the last 90 days. Most of you don't even know how an ETF works or what "cash creation fund" means.

Please just stop it, no plebs are going to take their free cash and buy an ETF, no one has advised that, NO ONE.

Ryan Reynolds 2y ago

Exactly, Jack!!

I'm 43 - not quite the 401k stack - and if our plan isn't adding an etf, I'll be rolling a percentage of my Roth 401k, into my Roth IRA & doing it myself.

Replying to

Jack Spirko

https://m.primal.net/HXXT.mp4

Yesterday the San Francisco City Council voted to call for a cease fire in Gaza, it passed and this celebration by mentally ill people was the result. As though anything the city of SF says about the middle east matters in anyway.

I shared this yesterday in various places on social media. Since then I have been asked by a few why I shared this when I also constantly preach to "focus on what you control". And from some with a tone suggesting I am a hypocrite or some shit.

Here is my answer...

1. Life is also about having fun and I enjoy mocking idiots. I don't get stressed, obsessed, I say hey look at this and move on. You are free to look or sod off.

2. One of my jobs as a podcaster, is to make people aware of threats to their ways of life. Look at the eyes of these people, this is a LARGE group of mentally ill politically active people.

While they have no power over what they are celebrating, these are the idiots that have turned SF into a place where homeless people shit on the steps of a store front and are protected while doing so. If the shop keeper does anything they go to prison.

3. Part of my job is also to tell people where to stay away from and honestly where NOT to live. No case I have ever made to get out of places like San Francisco is stronger that this video.

4. It is easy to mock places like San Francisco and it is among the worse but idiots like this are EVERYWHERE at least in EVERY city. Anyone that thinks this is not a "survival topic" would do well to read the work of Dietrich Bonhoeffer.

What you do control is where you live and if you recognize a threat or not. This is a threat, a bigger threat than any individual running for office.

This has been a rare explanation to those who complain. Beyond this if you don't like what I post, find the unfollow button.

For others I really did it because this discussion has value. Such people are mentally ill and they are gaining more power by the day, we are seeing Dietrich Bonhoeffer's "Theory of Stupidity" in action. And if you don't know what the results of it were in Bonhoeffer's time, you should learn.

One more time, watch it and look at the eyes of these tards.

Ryan Reynolds 2y ago

I just feel awful for the infant growing up in that. Not too far removed from growing up at Jonestown.....

Replying to

Jack Spirko

Wild yea, also outdated. This is from Jan. one year ago. Today BTC has a market cap of 917 billon dollars, making it number 8 on this list between Amazon and Berkshire Hathaway.

Anyone saying that the ETF is going to be bad for bitcoin is either a short time preference attention whore or a moron. Just wait until 1-2% of newly available funds come into this game.

You won't see million dollar bitcoin anytime soon, but you can know this, this is a turn that can't be turned back and we will truly move to "bitcoin has no top because fiat has no bottom".

nostr:note18hsm92n8dkscg00hhxj8th7448hqd8ezw8kzyrfjze5gxxues0kqffvure

Ryan Reynolds 2y ago

Absolutely! Wish I hadn't let life keep me from listening when you first started talking about Bitcoin.....very glad I came back in 2020.

Replying to

StackSats.IO

The US finished 2023 a tick short of $34 Trillion in Debt.

Closest prediction and winner of ⚡️10K Sats, out by $86 Billion was nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev

Accepting a second round of predictions for end of 2024 with another 10k on the line! Comment your predictions here nostr:note150m4huqhsuu83fc34jpq9956mlj3hm0k6m0l7rcsea8qtmyl0gusj4p38c

Ryan Reynolds 2y ago

38.85 Trillion

Replying to

preston

My prediction for 2024:

It's going to be a banger - hang on to your hat.

Accelerate! 🔥

Ryan Reynolds 2y ago

I concur!!

Thank you for turning me onto Primal - final accomplishment of 2023.

Replying to

Jack Spirko

On the argument that...

"wE hAve tO spEnD biTcOiN tO mAke iT wORk"

Is stupid and time will fix all, if you just relax and have patience.

The fear that something valuable won't be spent is backwards thinking. The new paradigm will be what can be built so well as to get someone to spend their BTC? Some bullshit you drop ship on FBA made in a chop shop in China does NOT get that done.

When we get there, it is when we actually get to the point where "Bitcoin fixes this". The entire planet has been poisoned by fiat thinking.

This is why we have fiat houses, fiat food, fiat roads, etc. We literally have roads built by the Romans in 200 BCE that are in better shape then roads built by Americans in 1975.

The reason people don't really spend bitcoin right now is very little is built well enough or has enough lasting value to warrant it. There is very little with enough value to make someone who has the luxury of saving surplus convert said surplus into something other than bitcoin.

You want me to spend my Bitcoin beyond a bit here and there for fun on lightning? Give me enough value to make me part with it. Stop the fiat thinking, when we have enough value being created bitcoin will be spent. This is the point that many miss including many maxis and just about all shitcoiners.

FWIW if you want to spend BTC go ahead. If you want BTC when I buy from you fine, I will convert as part of the transaction with something like strike. On my stack? GFY! 😂

Ryan Reynolds 2y ago

100% agree with you on this, Jack. Especially ‘patience’. If I’ve learned nothing else from you since 2008 and the Jetta, I’ve learned to be patient.

Replying to

Jack Spirko

Anker Soundcore Life P2 True Wireless Earbuds – Item of the Day

Pricing Alert – These are one of the best buys in wireless ear buds on the market today. Every bit as good as airpods at a fraction of the price. But that deal is even better today because they are on sale for only 30% off the regular price.

https://www.thesurvivalpodcast.com/iotd-6-16-23

Ryan Reynolds 2y ago

These are fantastic! Picked them up a couple years ago. Insane to see what people pay for the big brsnd, and others.

Replying to

Rich Molby

As #[0] jokingly states on his show #TSPC here and there, people call him a Jerk for some cool things he teaches us... How about this, Jack the Jerk:

I used my #FoldCard to purchase a $50 Amazon Gift Card (GC), this earned me 3813 SATs for my Fold balance, I then used this $50 Amazon GC to purchase a Chewy's GC for $50, I then placed a Chewy's AutoShip order for $70.32, so I get free shipping (orders over $49), I applied the CapitolOne Coupon for an additional $20 off for orders over $49, plus I get 40% off because of auto-ship (another $15.22 savings) for an order total of $38.17.

Can you say function #stacking to same #FIAT expenses AND stacking #SATs at the same time??? !!! !!!

If you want to add the #FoldCard to your arsenal join up via my referral https://use.foldapp.com/r/EA7CLWNC

#grownostr #Oklahoma #Agora

Ryan Reynolds 2y ago

Jack is always a jerk, lol. Has been since 2008, in the VW.

Fold is fantastic! Probably my greatest discovery of 2022. Over 1,000,000 sats stacked in about 10 months - and only half of those as a + member.

Replying to

Jack Spirko

Everything is already clad zinc, what fuckin metal could possibly used that would work and cost less?

The USD has become a complete and total shit coin. What I really see here is an excuse to push even harder to go cashless.

Stack those sats boys and girls.

https://www.cnbc.com/2023/04/20/senators-to-introduce-bill-allowing-us-mint-to-alter-coins-metal-content.html

Ryan Reynolds 2y ago

Some of you may not realize it, but Mr Spirko has been preaching the truth since 2008, while driving his Jetta to work. I had a beautiful newborn then (annoying 15 year old boy, now 🙄).

He is obnoxiously right, so get used to it, and LISTEN.

#grownostr

Replying to

Jack Spirko

My view is a company has to make money to stay in business. I loved occasionally hitting 3% on a big spend but I also know they lost money every time I did. 1% sats back is sats I didn't have.

If someone does better they will take business from Fold. Until they do, you can use Fold or not get sats back on purchases. 🤷

Ryan Reynolds 2y ago

You are right……you ever get sick being that way, these past 15 years, lol?

Ryan Reynolds 2y ago

Any opinions on the recent changes to the Fold App? + Member here, and I’m on the fence about it.

#grownostr

Replying to

HT

Men

Be wary who you marry.

A high time preference fiat woman will make you broke & miserable in just a few months.

But a low time preference OP'd one will make sure you're the happiest man alive.

She will prioritize you, kids, and more while scoffing at the SocMediaApp Store

Ryan Reynolds 2y ago

Truer words never spoken.

Replying to

Jack Spirko

Announcing the GrowNostr Initiative – Epi-3288

Today we talk about the new #grownostr Initiative but it would be more accurately titled the “grow on Nostr” initiative, because anyone who takes part will vastly grow their network and influence in this very simple 90 day challenge.

https://www.thesurvivalpodcast.com/grow-nostr

Ryan Reynolds 2y ago

Awesome show, Jack!! A fellow Xer and Outlook user can do it, it ain’t hard.

#grownostr