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Oyl Miller
4b7c4ee3628a331e13ff9fad4c89a3dce869ca27c1631fd2126ad9ec8cd5ed4d
🎥 Writer | Creative Director 🏃‍♂️ Former @WiedenKennedy—crafted ads for @Nike 🏀 Bridged sports and Web3 with @nbatopshot and @dapperlabs 📌 Early @Pinterest adopter—1MM+ followers and counting ⚾️ Tried out as a pitcher for @MLB—threw heat, caught dreams ₿ Spotted Bitcoin in Tokyo, circa 2010—early observer, forever curious

You’re not the product if you own the protocol.

Own your identity, not your platform.

Secured Primal OG status

I feel like I found Primal and NOSTR at exactly the right time. I’m over legacy social media and insanely curious about what could be next slash how to start over. Primal feels like a new beginning.

Replying to Avatar HODL

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?

Option 2. I want to keep my stack as intact as possible for as long as possible. And have time to educate my kids on the philosophy as we go.

Spring training can’t come soon enough

Imagine there’s no countries

A spark flies through nodes.

Instant sats leap hand to hand.

Borders fade away.

#haiku #pixelpoetry

Chains won’t break for Kings.

Nodes hum; sovereignty grows.

Code bends to no crown.

#haiku #pixelpoetry

Blocks him through the night,

Math chisels history’s path.

Work speaks louder still.

#haiku #pixelpoetry

Sats stack like old gold,

Bear markets test every hand.

Plebs hold, truth remains.

#haiku #pixelpoetry