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The Other Guy
48f89f031222fb6185f41d67231f555cad8e9c83ea0d97631efc3d3a09bc3c2b
Sydneysider, Father, husband, bodyboarder, Bitcoin maximalist, fisherman, Carpenter, Nostr enthusiast šŸ™‚

šŸ™‚My take;

deciding on a goal, is an accomplishment in itself.

One of Brit rapper, Dizzy Rascal’s tracks has the words ā€œ if you don’t have a dream, how you gonna make a dream come true?ā€

Shark Island, Zenith Beach & Shoal Bay. A nice coast with good surfing and fishing. (Poor waves today unfortunately šŸ˜•)

https://blossom.primal.net/04bd5dd767228da4952632599827647e8a52d79c454be4965443206e48810271.mov

You might be able to hire it from your local library if you search their catalogue on their website.

My local library has a copy šŸ™‚

North and South heads of Sydney Harbour. A nice image thanks

Cool to be interacting with you Jake šŸ™‚. I’m Ryan from Sydney’s northern beaches.

I’m enjoying the book so far whilst reading on a cruise ship with family and in-laws. Happy days.

Best wishes mate, hope you’ve all shaken off that gastro bug

Just started reading The Fourth Turning - this stood out. I believe that ā€œsomething hugeā€ IS Bitcoin.

Replying to Avatar Jake Woodhouse

Been a big week for me

Podcast is going to take a re-vamped format going forward

The traction I was hoping for has not materialised

I didn’t have a strong enough business plan, almost non-existent

The costs can not be justified at this stage

A lesson in poor planning, self-delusion, and the ever-present behavioural loops I am deeply conditioned into

What was supposed to be a passion project, was morphed into a ā€œhuge business opportunityā€ to seek external validation

I have a fear of admitting I don’t work

A fear of others judgement

Bitcoin has changed my life, I no longer have to sell my time, so the time I do use has to be justified

But if you don’t need ā€œmake moneyā€ right now, why spend time and energy doing that?

Especially when the real work, my day job, is on home-schooling my 3 kids, my humanistic work, the inter-generational healing I am persuing

My father worked himself to an early death

His father did the same

I don’t have to, yet here I am repeating that pattern

And my wife would say she’s seen me do this on a loop every 6 to 12 months for the last decade

Face your fear

Embrace failure

I got this one wrong, I’ve over invested at an early stage, and my psychological pre-disposition (likely inherited as a previous generations trauma), has once again taken hold

I am trying to not judge

To act with ease, kindness, and grace

And I note the irony of even posting publicly about this

But somehow I want to

The more I can own up to my own failings, the more I can focus on being happier in my own skin

You don’t need to run a successful business to value yourself

You don’t need to have a series of societally acceptable labels to value yourself

You don’t need to make decisions to please people that are around you to value yourself

Some more work to do some no doubt

Have an amazing day to whomever might have read this

Good vibes

Ps - will take some time to think through what format of podcast will serve me, my health, my wife, and my kids

šŸ™šŸ»

Hey Jake, I love your NOSTR posts.

You present positive, thought provoking content. There’s just so much content out there to compete with in the podcast space. It must be hard.

I think you aim towards being a better version of yourself every day, which is something we all should do.

I appreciate your efforts around progressing the Bitcoin cause šŸ™šŸ™‚

Looks like a parabolic decline in exchange balances… not sure if I want the Bitcoin price to pump or not šŸ¤·ā€ā™‚ļø as my bags are not fully packed yet

Tasmania family camper van trip.

Life of a #Bitcoin er

Replying to Avatar Jake Woodhouse

Turns out, unsurprisingly, the ATO are all over this concept. Any entities overseas that you control, the business profits are subject to Aussie tax

Grok:

As an Australian tax resident (whether an individual, company, trust, or other entity), you are generally taxed on your worldwide income. This means all income you earn or derive from sources anywhere in the world is included in your assessable income for Australian tax purposes, regardless of where it originates or whether it’s remitted to Australia. This includes employment income, business profits, investment returns, capital gains, and other sources. Foreign income is converted to Australian dollars using applicable exchange rates, and you must report it in your annual tax return.

However, when it comes to income from a foreign company that you own or control abroad, special anti-avoidance rules come into play to prevent deferral of tax by parking profits offshore. These are primarily the Controlled Foreign Company (CFC) rules, which attribute (or ā€œimputeā€) certain income from the foreign company back to you as if it were your own, even if the company hasn’t distributed the profits to you. This ensures that passive or low-taxed income isn’t sheltered in foreign entities you control. The rules apply to both individual residents and Australian resident companies that hold interests in foreign entities.

nostr:nevent1qqsgjkadcaf4dy79eag8xc8ns4r4ntfv4cyvf5yqq8e2kxshlg7ma9sprdmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv8g6nwcwj6pg

They want their pound of flesh alright 😳 + the dilution of the purchasing power of the state currency šŸ˜–

Thanks šŸ™ Satoshi for #Bitcoin

Falling prices of essentials in Bitcoin terms could benefit the poor working class by increasing their purchasing power, preserving savings against inflation, and enabling low-cost micro-savings. However, volatility, limited merchant acceptance, and barriers like tech literacy or taxes limit immediate benefits. For maximum impact, workers would need to hold Bitcoin long-term, use it strategically (e.g., for remittances), and navigate risks with education.

Because; if it stays decentralised and secure, then it brings about the first global, true free market that has ever existed. It’ll allow the benefit of productivity gains (from technology and innovation) to flow to everyone in the form of lower prices. It’ll reduce the monetary premium that realestate has attracted. It’ll incentivise cheap and renewable energy production.

Australian government considering taxing home owners for living in their own homes. Like, renting their own homes from the state? WTF? 🤬 #Bitcoin

https://stocks.apple.com/A9kKEIJ3pScuv8fTba1g0qg

Shits getting weird?