Who came up with "fix the money, fix the world"?

I want to have a hat that says that.

Sitting on this plane, thinking back to the times I would eat the snacks in tiny bites as slowly as possible to maximize the time I could keep my mask pulled down below my chin.

I’ve always been a rebel. I used to slip out of yearbook photos and go get high in the del taco parking lot lol

In a few hours, we will be releasing a brand new Bitcoin analysis framework, which we call Cointime Economics.

Within, we relate the concept of 'time' to the dimension of 'supply', and establish a suite of greatly improved economic models for Bitcoin. This framework explains a great many concepts such as how many coins are likely lost, what is the real cost basis of the market, and how much does the halving actually matter.

Cointime Economics is a product of over 18months work alongside David Puell, and builds on the pioneering work of the late Tamas Blummer. I couldn't be more excited for it to go live.

It is by far the most abstract concept I have ever worked through, and I truly hope it inspires analysts and readers with new ideas about Bitcoin.

This meme is the TL:DR, and was literally the first thing I put to paper as it migrated from napkin to paper.

I hope you enjoy, and cannot wait to hear/ feedback. I will post links to the report as soon as we release.

on sleep: been using red light after dusk for abt a week

has a calming effect for winding down, the ritual of turning them on also signals time for chill activity/ relaxation

doubly good sleep when only eating once a day in early afternoon & getting rigorous exercise

code is speech nostr:note1rrfej9wgm5kq245kfkjphl6v4g3ux8kl2kmesg39jgfzrqlg535qkl55tv

The #Bitcoin monetary network is not about getting rich quickly, rather...

It is about preserving and growing purchasing power securely.

Few yet understand this.

lol my bad on the quadruple post

Attended a food & wine festival that was jam packed with people to the point you could barely take a step in any direction.

About 1% of folks were wearing masks, which I found strange.

They had to remove the mask basically every minute to actually partake in the festival.

Why place yourself in such a situation if you think it's that dangerous?

Ever since around 2013/2014, bitcoin’s price has closely followed the rate of change in the growth of global broad money supply (M2) in USD terms.

In other words, from the perspective of macro investors (which are generally different than network users), it is the asset that best serves as a pure-play on changes in global liquidity. It’s a hedge against monetary inflation, not CPI inflation.

Notably, the dollar index relative to other major currencies strongly affects global monetary inflation.

So in order to have a view on price within any intermediate term timeframe (eg the people calling for new ATH prior to the next halving), it’s important to have a view on global monetary inflation and liquidity, because that is primarily where new external demand comes from.

Right now, bitcoin is a coiled spring on the supply side (fast money is out, coins have rotated towards strong illiquid hands), but the demand side (and thus the price) is largely a question of global liquidity.

Or said better, I'm probably 10%

Including the house.

Material for me, and without the house a MUCH greater share of my wealth.