Remember a year or so ago when Bitcoin moved up $500 and everyone got excited. Now it seings up $5000 and thrn back down $5000 and no one blinks.
This current emotional state is where we need to be in all stages of the cycles.
Self-custody is key to preserving #Bitcoin's decentralization.
Moving your UTXOs into self-custody supports the network, and your freedom.
nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw & nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 discuss how real value lies in self-custody and validating your own UTXOs in BR090.
Remember not to move UTXO's that are too small or they could become stranded and unusable. wait until you DCA is a reasonable size before moving into cold storage and make sure you consolidate small UTXOs when fees are low. Prepare now for the future.
Hi everyone.
I am looking for bitcoin or related book recommendations. I have been around since 2017 so have read all the staples like The Bitcoin Standard, Price of Tomorrow, 4th Turning, etc. So looking for something more current to sink my teeth into.
Can be anything of interest to a deeply down the rabbit hole maxi!
No, because Bitcoin is free and permission less system that let's everyone make their own decisions.
If an EMP goes off, everything is down and cash probably won't exist by then, so everything will be trade and barter (or chaos, theft and violence). But when power is restored and nodes are spun up, you btc stack is ready to go.
Hey nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx and jackmallersnostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle
What do you think of this strategy.
I cant use the new Strike feature in my country, so thinking of converting ALL my salary and other income each week to BTC on an exchange.
Spending for bills on fiat credit card. At end of month, converting BTC to pay off CC expenses during interest free period.
Rinse and repeat to manually live on a BTC standard and take advange of the BTC CAGR vs fiat devaluation differences until there is a more automatic way to do it here.
Zero deposit and withdrawal fees for cash on my exchange and 0.5% trading fees for BTC purchases and sales..
Would love your thoughts.
Hey nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx and jackmallersnostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle
What do you think of this strategy.
I cant use the new Strike feature in my country, so thinking of converting ALL my salary and other income each week to BTC on an exchange.
Spending for bills on fiat credit card. At end of month, converting BTC to pay off CC expenses during interest free period.
Rinse and repeat to manually live on a BTC standard and take advange of the BTC CAGR vs fiat devaluation differences until there is a more automatic way to do it here.
Zero deposit and withdrawal fees for cash on my exchange and 0.5% trading fees for BTC purchases and sales..
Would love your thoughts.
Would love everyone's feedback on this strategy so I can find any fatal flaws in the thinking.
Hey nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx and jackmallersnostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle
What do you think of this strategy.
I cant use the new Strike feature in my country, so thinking of converting ALL my salary and other income each week to BTC on an exchange.
Spending for bills on fiat credit card. At end of month, converting BTC to pay off CC expenses during interest free period.
Rinse and repeat to manually live on a BTC standard and take advange of the BTC CAGR vs fiat devaluation differences until there is a more automatic way to do it here.
Zero deposit and withdrawal fees for cash on my exchange and 0.5% trading fees for BTC purchases and sales..
Would love your thoughts.
Question Jeff. Do you think it is viable to take my entire pay each month and convert to BTC. Then do all spending on a credit card with a zero interest period. Then each month convert the BTC to fiat to cover the monthly expenses. Rinse and repeat. Therefore effectively living on a bitcoin standard in a fiat world.
I can't use the new Strike feature as not in the USA.