nostr:note1rnveepfalxuqhxvr98ecruhtssc9u78cpk8vt87tdgt5ausuc9zqhhlum8

So true 🫡

Just stacked some sats. Thought I was mighty clever as bitcoin had dipped. Bitcoin then dipped again and humbled me. Sure, in a few weeks it will look like a bargain but Bitcoin always feels expensive. Does that ever change? Every time it’s the same!

WOULD STACK THIS DIP BUT ALREADY ALL IN.

it'll be disappointing just so you know what you're getting into

I think I have an idea for my first long form nostr note 👀, it's about ultimate Frisbee and how it connects to Bitcoin 😂

Usually when I see tall buildings I’m like “meh.”

This one, however, feels even bigger in person.

IT IS A BIT DIFFICULT TO HAVE NUANCED CONVERSATIONS IN CAPS BUT I AM AN ALL IN TYPE OF GUY.

GOOD MORNING NOSTR.

LIVE FREE. 🫡

Thought experiment.

Option # 1

Let’s say you have 10 bitcoin and we hit 2 million in the next few years.

You’re tempted so you sell it for 20 million dollars.

After taxes you’re be left with 16MM.

Which you use to comfortably generate 1.2MM a year in the tradfi markets.

So you take the money and retire.

Bitcoin crashes 60% back to 800k.

For a few years you feel like a genius. You enjoy your new rich person lifestyle.

You even buy back a few bitcoin. 2 to be exact. 20% of what you used to have.

Then bitcoin rises over the next decade to be worth 50 million per coin.

You’re worth 120 million now. And you decide to sell a little over half a coin and upgrade your lifestyle again to be able to generate an additional 2 million a year.

You’re now on paper worth 120 million, you generate 3.2 million a year (266k a month) and you’ve been largely stress free for the last decade.

Your kids will inherit roughly 1.62 bitcoin from you upon your death.

You have some level of regret about not hodling through, but you’ve been largely stress free and the mental health benefit was worth it in your mind.

Vs.

Option # 2

You have the same 10 bitcoin but you Hodl them.

Your stress levels are persistently higher.

You also decide to retire when Bitcoin hits 2 mil, but you decide to do so in bitcoin terms.

Your plan is to sell a little bitcoin as needed in order to fund your lifestyle.

This is roughly 1-3 million sats a month. Depending on bitcoin price.

Over the course of 10 years you end up selling or spending 2.4 bitcoin and are still left worth 7.6btc when bitcoin reaches 50 million.

Your net worth is 380 million.

You’ve reduced your lifestyle in bitcoin terms down to a million sats a month. (500k) or 6 million per year. You’re 46, Assuming you live until you’re 90 you will pass down 2.32 bitcoin to your kids.

You have no regrets about the way you played it, but your stress was consistently higher and there were a few scary months along the way.

Which option do you choose?

1 or 2?

People really used to say bitcoin will go to a million when cheeseburgers cost $10,000 and other stupid shit along those lines.

We’re 10x away from a million.

You really think cheeseburgers are gonna cost 10k when we hit it?

I doubt it.

THE REASON THERE IS SO MUCH DRAMA ON X IS BECAUSE INFLUENCERS DID NOT STACK HARD ENOUGH AND IN A WORLD DOMINATED BY SAYLOR, FINK, THE PAYPAL MAFIA, AND TRUMP THEY ARE MOSTLY IRRELEVANT NOW.

The annexation of Canada to become our 51st state is proceeding on schedule and according to plan.

PRO TIP: YOU CAN SIMPLY USE BITCOIN AS FREEDOM MONEY. NOBODY CAN STOP YOU.