They’re nothing different or particularly special that he’s doing that other rich people have done and will continue to do. It’s just that his underlying is bitcoin, or his business Strike, of which I’m a fan, but the whole “I’m living on bitcoin” thing, nah.
I mean we’re not there yet but if I told somebody that I lived on bitcoin, what I would mean by that is that I earn bitcoin and I use bitcoin to pay for all of my durable and consumable goods.
I find it disingenuous to claim to live on bitcoin when really one is living on credit secured by assets. Rich folks have been doing that for ages.
They’re not living on equities and real estate, they’re living on dollars credited to them based on underlying assets.
It’d be like if some oil magnate was like, guys, I live on oil, I don’t own fiat, I’m on a petroleum standard, come see how you can do it, too!
It’s just because Bitcoin IS money that it gets muddled.
It’s definitely smart. And it’s what all rich folks do. Sit on assets and live on credit. But it’s not living on bitcoin. It’s living on lines of credit.
Credit denominated in fiat is not living on bitcoin for fuck sake.
I live on bitcoin, no cash. Dude I own zero fiat.
Sweet, go fill a prescription, send a package, buy something on amazon, pay your utility bills, pay your taxes.
Oh, what’s that you’re using?
So fucking irritating.
Bruh you live on fiat credit.
When the subject is assassination, the word “professional” is often used very loosely.
Fuckin’ right I am.
I was enthusiastic about the privacy aspect and potential success of the Brave browser and they have their BAT token so I bought some, a few hundred dollars worth. I’d buy small amounts here and there just to amuse myself, and I thought it might become valuable if Brave really took off.
This was before I knew anything about bitcoin. Then I heard Saif on Lex Fridman’s podcast, read the Bitcoin Standard in the following days, sold all the BAT and from that moment it was all Bitcoin buying and reading as much as I could about btc.
For about four months before I read the bitcoin standard.
Putin confirming the thing we already knew doesn’t impress me.
Honestly though, if the ledger was your first real hardware wallet, and it’s your primary driver, just use it with the ledger live app.
I personally would only make the move to sparrow wallet on desktop when I had a proper coldcard mk4 or coldcard Q.
Use the ledger with the app that’s built for it until you’re in true tin foil hat mode, and then get a coldcard with sparrow on desktop.
South Korean special forces, following orders from President Yoon Suk Yeol, are storming the South Korean Parliament to expel lawmakers barricaded inside. With the imposition of Martial Law, Parliament has been temporarily suspended, but opposition parties claim the order is unconstitutional and have ceased recognizing Yeol as president.
https://video.nostr.build/00de40d43122cf9cce7b14d11a8799917ce051d0946d78a0735af6f341268eb5.mp4
Special-fucking-needs soldiers.
Saw twitter post about how retail is gone now because of a100k unit bias. How it’s just no longer appealing to the general public to own whatever small fraction of something worth 100k. It kind of resonated with me.
Ignoring big money traditional/institutional adoption, my best response to the argument is that normies will continue to buy whatever fraction of something worth 100k if they think it’s going to 200k. People will continue to take the chance to turn $500 into 1k, or 1k into 2k, etc.
Pre-Bird Pump
You mean 58.
I’ve felt that way about them the whole time.