The suits are getting more disoriented. They can’t see it.
Continue to opt-out.
Use a system they cannot control.
This is how we win.
Cashapp, Muun, Blue, Sparrow, Cold Card. In that order, take your time. DCA. Start with small amounts.
What are the core properties of Bitcoin?
Large Numbers
- massively, “hard-to-comprehend” large
Cryptography
- one-way functions
Computational Proof
- Energy via DA-POW
The DA-POW solves two main problems:
#1. coordination = ledger consensus = time problem
#2. coin emission = seigniorage problem
Wen rhr
Everyone in my economic “life network” already **has** some bitcoin, they just don’t know it yet.
One day I will unlock a script converting one of my UTXOs to one they can unlock. I will receive something very valuable from them.
They will have to do this if they want food, shelter, fuel, medicines…..
Everyone is a Bitcoiner, they just don’t know it yet.
Sparrow is 🔥
Specificity in the labels is key.
“The derivation path TO the xpub FROM the master private key”
The lightening network “growth” is not quantifiable…..
Tracking cash is impossible. USD physical cash is just moving around, unfettered, all over the world. How could one even estimate the number of transactions?
Lightening network will be similar.
The idea that a degree/certificate or institutional stamp confers respect is of course flawed. In my field all that matters is being right. Quietly being correct most of the time, over and over again always wins. I think we all know this implicitly.
Competitive/professional sports is the best window into this concept. Purely merit based.
A bit shocked to see the low turnout at some bitcoin only events. Reaffirms how early we are. Waves of bitcoin adoption will likely continue for years.
Stay humble. Stack sats.
Work. Save. Practice and preach personal responsibility.
Max and Stacy were cool, but the highlight of my evening was meeting Frankie at nostr:npub1key55ax33gkl50uqemvl4khrtqrhzm7wzpc7fhseutt5ddkcwcrqgxlt3h. 💀💚
Pubkey 🔥
Single Sig set up idea.
Two or three people geographically remote from each other secure a single seed.
All must trust each other implicitly - think “war buddies”
Each one’s physical security set-up for the seed is very good
Each has xpub to have a watch-wallet view on the UTXOs
Trade-offs: protective redundancy at the cost of opening up 3 vectors of attack.
Add in a pass-phrase that is ONLY memorize, never written down
Add in time-lock for additional protection.
How does this fail?
f9beb4d9
learnmeabitcoin is 🔥🔥🔥🔥
Imagine your household makes $100-120k per year and owes $5-6 million in debt.
This is the ballpark situation for the US gov.
If a family member suggested a path forward was to spend less and stop borrowing. Would you shut them down or consider this advice?
No shortcuts.
Spend some real time and energy investigating these ?s:
What is money?
Who is in charge of money?
Who is in charge of electricity or the internet? What is sound money? Difficulty adjusted Proof of Work solved what problem?
Work. Produce something of value. Save more than you spend. Save in bitcoin. Practice and preach personal responsibility.
MDs should grok bitcoin.
Don’t trust, verify is core to good medical practice. Physicians who forget/neglect this concept are quickly exposed. Stakes are high.
Went for a run. This popped out.
Most insurance is a Fiat scam. Especially non-liability car, home, property.
New approach:
-If forced to have insurance, select the highest deductible possible
-DCA what you would have paid monthly in bitcoin
-be smart about labels ** gambling money** on the Fiat side
-probabilities are very likely no disaster ensues, then you have the upside of hodlin your insurance cost instead of handing them over to the scammer
All the made-up, over hyped “crises” - climate, red-blue politics, AI doom, dangerous driverless car accidents….
…are going to feel trivial compared to the melt-down incoming due to our collective debt soaked fiscal irresponsibility.
Eventually someone has to pay the bills.
Plan accordingly.
Everything else is risky.
Bitcoin is the safe haven.
Only unknown is the rate at which the risk becomes real to the masses. It will eventually be undeniable. No matter what the MSM tells the masses, they will eventually see and feel a different reality.