Everything has tradeoffs of course but I agree. They say don't take on counterparty risk, but I would add 'don't take on risk for less than its worth'.
Buying a golf course with 1 bitcoin
A full discussion on historical data, future protection, and how the deal will actually go down.
Both hypothetically, using #[0] theory on everything falling in price compared to bitcoin.
And a real goal. This is something that we hope to actually do in the next 10-15 years.
Had a blast doing this video today. Hope you enjoy it!!!
https://www.youtube.com/live/bdO5DdQeo9A?si=F8N9f5W39TmAZX64
In booth's framework, if Bitcoin remains decentralized and secure, you likely wouldn't trade it for a golf course.
The most important function of a new base money in that scenario would be for proof of reserve. All you would have to do is allow a company to custody the bitcoin, and they would immediately have access to all of the collateral needed to open a new course. Provided this new course remains profitable, the Bitcoin need never be sold.
The exception would be if you wanted your own private or unprofitable golf course. In my humble opinion.
Nostr and Fedimint are going absolutely nowhere, fast. These are unusable, non-mainstream platforms.
You heard the man, kids. It’s over. Pack up your stuff and go home.
https://twitter.com/dotkrueger/status/1744405415918715327?s=46&t=okvmMSfzcj5BBJybzLcbBg
Nostr is the most underrated thing happening in Bitcoin.
Every person has unlimited respawns with the goal of earning permanent capital.
This gives the incentive for infinity people (8 billion right now) to address a perfectly scarce market (Bitcoin hodl bank) with unlimited information.
That's a buisness with zero overhead, endless customers, and perfect capital retention. Not to mention every person potentially has access to this market.
The best part: the value being requested by the hodlers is 'follow the bright orange light'.
Everyone is now incentivized to UNDERSTAND Bitcoin, not just acquire it. BULLISH AF
Canada's interest expensive... PER QUARTER.
On top of this they've done 10 Billion in reverse repo's, liquidity either grows dramatically or Canada defaults.
What will be a good excuse for more liquidity? UBI? War? Cyber attacks?
Maybe I'll start with a disc golf course lol
Nostr is the most underrated thing happening in Bitcoin.
Every person has unlimited respawns with the goal of earning permanent capital.
This gives the incentive for infinity people (8 billion right now) to address a perfectly scarce market (Bitcoin hodl bank) with unlimited information.
That's a buisness with zero overhead, endless customers, and perfect capital retention. Not to mention every person potentially has access to this market.
The best part: the value being requested by the hodlers is 'follow the bright orange light'.
Everyone is now incentivized to UNDERSTAND Bitcoin, not just acquire it. BULLISH AF
#bitcoin #nostr nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m
Another 5 billion #canadian injected into the banking sector today. Inflation nation, whats your plan?
It's as if Satoshi planted a seed in the internet and now its this digital tree poking out into the real world
Interesting, are there any other liquid wallets? I know of a few good lightning ones
Make an email address, protonmail doesn't require a phone number.
Sign up to BullBitcoin. Make a name, don't add any more information.
Click 'fund my account' then choose the post office option
Get cash under 1000, go into Canada Post, show them your bullbitcoin 'loadhub qr' and ask the teller to send a money order.
The post office will charge you $3.50
10 minutes later you'll have an account balance on BullBitcoin. As soon as you buy Bitcoin with this, it will be sent to a wallet of your choice. BULL WILL NOT CUSTODY IT FOR YOU.
I suggest either using on chain or liquid network to aqua wallet for speed/low fees later on.
Now you have BTC that has been conjoined, sold to phantom (you) and stored independently.
You could theoretically sell this back to Bull Bitcoin in the future, and have them pay your rent over e-transfer. Feel free to obey the law and add capital gains tax onto this, because they would otherwise have no clue.
Now the Canadian housing crisis gets more affordable everytime BTC goes up.
nostr:note1n70n8kcvcwfsgnhhu9uu5h2fhamf6tkru2v7s4zgw4h6c8wg97sqed0ahe
Tried this for the first time yesterday, super easy. Bull can send over liquid straight to your new aqua wallet
GM PLEBS
Toronto, BC, Montreal, Guelph and other regions were all having internet problems on the same night last night.
5 Billion dollars, second day in a row. Maybe related to the internet outages? Just a thought
Apparently a second night in a row #Canada has performed repo operations. 5 Billion dollars in liquidity injections.
Maybe something to do with the internet outages country wide last night? Who knows.
Sell Cad, buy #btc
?cid=2154d3d7yrzbwk38xow4wz60rsipszggffi8jkbavri1o22s&ep=v1_gifs_search&rid=giphy.gif&ct=gabsolutely, I just saw another one floating on twitter right now
They weren't allowed to keep swaps in the app for Canada.
The best feature of Nostr rn is exclusive access to nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx
wait hol' up...
EXCLUSIVE ACCESS TO nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx
THERE THAT'S BETTER!