Unless someone is setting out to be a professional author (very hard), nobody should write a book to make money.
When I set out to write Broken Money, it was because I *had* to, not because I wanted to. Spending a thousand hours on something that I get a profit of $5/copy for is not my best use of time.
Any time I spent on my research business revenue generation content, or leaning harder into my venture capital partnerships, would have been better on an hourly ROI basis. I have to sell 40 books to equal each newsletter subscription on my website; clearly the latter is better financially.
Almost regardless of how many copies I sell, it's a bad ROI for me. I'm overworked and the fact that I wrote a book while maintaining my existing business stressed my relationship and social life. And further, I am reinvesting most of my initial profits; the first 1,000 copy profits go to the Human Rights Foundation Bitcoin Development Fund, and the next 4,000 copy profits will go towards making a video about money and why it's broken.
And all of it was worth it. When a creator has something in their head, it's painful until they get it out into the world. I wrote this for bad ROI but because I wanted it to be out there for people to read, period.
Will I make a profit? Yes. But at a much lower hourly rate than I make on other work I do. It's a negative profit compared to having reinvested that thousand hours into my other existing work. But I consider it to be more important, which is why I spent the time.
I wrote Broken Money because I had to. The book concept formed in my head after many years of writing and research regarding money, and it would have been increasingly distracting to *not* write it. I didn't realistically have a choice. I felt compelled to write it. Part of it was altruistic; I wanted people to learn from my total monetary framework thoughts over five years of research. Part of it was egotistical; I wanted to timestamp something in the world, in physical form, and put it out there. Maybe it's the low time preference part of me; I'd like something of me to be mentionable to people in the distant future who look back at this time.
My background has been a blend of engineering and finance, with both ironically pointed toward bitcoin.
I don't care where you buy it from, and you can pirate it if you want, but it benefits bitcoin and nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak if you buy it from his website. Circular economy rather than big fiat business. We've introduced a special edition hardcover with a cloth cover and dust jacket for those that prefer that premium format, only on his website. And you can buy it in fiat or sats.
https://academy.saifedean.com/product/broken-money-hardcover/
Thank you for your service Lyn. You are a class act and a scholar 🫡
There are 2.1 Quadrillion Sats. How many more does he need? How many dollars are in circulation? The value of the sats will change over time, no need to expand the overall supply.
Bitcoiners moved to Nostr. I will stay here. X is nothing but doom and gloom. Nostr is where ppl are building the positive future. I like it.
It’s becoming impossible to even buy any quality items regardless of the purchase price… they’re just not made
Civilians just want peace regardless of their location. Always the pawns…
Ya I really enjoyed it. Preston always delivers.
Listen to nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z on THE #Bitcoin Podcast wherever you get your podcasts
Fountain: https://fountain.fm/episode/zeLiO9N5sGyi9aoILBEV
Apple: https://podcasts.apple.com/us/podcast/the-bitcoin-podcast/id1694392423
Spotify: https://open.spotify.com/episode/1KR7tQ0fSaxAhdNjrIZKGc
YouTube: https://youtu.be/zlHO2o-7Xg4
#AnotherFuckingBitcoinPodcast nostr:note12zafuj0mvuvmpt4mc6qkp3ggcw846c3977lt5y50z32ekft0l4hqz6ejtf
Love it!
Corrupt Blackrock CEO Larry Fink Shilling Bitcoin on Fox Business
https://video.twimg.com/ext_tw_video/1676685643076829184/pu/vid/1280x720/ZzFQanTb00K_wLKw.mp4?tag=12
I have zero trust in this guy. If he’s talking bitcoin there’s something amiss
I am trying to do more peer to peer. I hope UI for sites that are P2P become easier to use for the avg person. Most ppl I know can barely send a transaction.
What do all the Canadians think of the Bank of Canada digital dollar survey?
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Writings on the wall. They say bitcoin could compromise the dollars role. We will have a CBDC and bitcoin will be restricted. Liberals will do this, unsure about CPC
Yes I agree but there is usually limited amount of non KYC available on peer to peer exchanges at very high premiums. It would, however, be worth this price if there is a government crackdown
I know the argument that bitcoin is not easy to confiscate is true, however I worry about KYC bitcoin being a target of current/future governments. They know where and know much people have purchased and can likely make lives miserable for anyone not willing to cooperate (as you know from the Trucker protests). I’m not sure what avenue the Canadian government will take to deal with the problems bitcoin will present to them, but it’s pretty obvious they will take drastic measures if need be. Freezing protestors bank accounts and freezing exchanges from interacting with certain wallets was eye opening. I don’t like Canadians options going forward unless a new bitcoin friendly government holds power.
#[1] so what is the likelihood of Canada restricting bitcoin? We obviously can’t stop CBDCS and no point in yelling at the system… so what options will be left for Canadian bitcoiners? Not all have the ability to pick up and move… what options will there be in your mind? 
