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Dr. Bitcoin, MD
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Bitcoin OG since 2010, former laptop solo miner, blockstream satellite node runner, #2A rights user, radiologist

Nuking the eyeball with UV light isn’t a friendly thing to do. This has nothing to do with improper lighting, but inappropriate application of mildly ionizing radiation.

I can wrap my mind around how to backup a seed phrase. And how to make it durable.

For lightning, as I understand it, you need a new backup each time you transact. And the backup data isn’t something you can write down…it’s too much. So the backup must be digital.

I also don’t grok how lightning handles bitcoin wallets. Does it have its own? I know LND uses seed phrases that are clever enough to encode “birthday” in the seed itself, so presumably it must have its own bitcoin wallet.

Ugh…one could consider 3-4 Aleve, two pseudoephedrine tablets, 2x Pepcid/famotidine and/or peptobismol…add phenylephrine + antihistamine eyedrops as needed and maybe an extra shot in the Starbucks. This is not medical advice. But I’ve treated myself this way.

Anyone remember pirateat40? AKA Trendon Shavers? The first bitcoin ponzi conviction. https://www.reuters.com/article/us-bitcoin-fraud-texas-idUSKCN1012W8

The three rules of a Bitcoin millionaire:

Rule 0: Not your keys, not your coin.

Rule 1: Don’t quit your day job

Rule 2: Never sell more than half

I just rolled my coldcard dice for some entropy…a small example of something that is making the world a better place.

Reminder: your bitcoin stack is soon gonna be worth roughly 10 times what it is today.

Is your private key security setup up to snuff? Might be time to up your security game of finally take custody for the first time.

He had a big stack, moved all in on bitcoin for work, spent nearly all his stack on living expenses during a bear market, received a new stack from a grateful community.

Once you get your cost basis to zero, it makes it easy to ignore the price swings.

Remember, there is currently no debt ceiling. That’s why we are going to war or will have a pandemic or a major banking collapse/crisis…there’s no limit on spending.

I’m saying I sold half my stack during prior bull runs. If I hadn’t, I’d have twice as much bitcoin.

Fortunately, I’ve been DCA’ing since PlanB’s 2019 stock to flow article. I’ve made back about ⅓-⅔ of what I sold during the 2017 bull market. But that’s not a dent compared to what I sold during the 2013 bull market.

The biggest secret to bitcoin: sit out a bull market. I’d be about 2x better off if I had sat out prior bull markets. I purposefully sat out last bull market.

Now it seems as if I’ll never have to work again. But I’ll probably keep working until 1 year salary won’t buy another whole coin.

We shall see.

Exactly. Bugs as a survival food are a good thing to know.

But of course I haven’t a clue what bugs are safe/harmful/best/most-least-valuable/etc…

I’m not _totally_ opposed to eating bugs. If I can’t find protein any other way, you can bet your bottom dollar I’m eating bugs. But I’m gonna stick to cows, chickens, eggs, pigs, goats, deer, elk, moose, bison, lambs, ducks & geese, seafood…then nearly complete plant sources such as rice and bean combos…and then I’ll eat my cat, your dog, and then my dog and then your horse and then my horse...and then I’ll eat the bugs.

So, yeah, I see a role for bugs in my diet. Potentially.

They make a big deal about not using their name publicly. It’s a wise position that makes a lot of sense. It is an amazing institution and I would never wish to do anything to bring even a smidgeon of disrepute to the venerable clinic.

If this is your first bull market, be patient. If you have trouble being patient, then you need to lower your cost basis. If your cost basis is 0, your patience will massively increase. Never sell all. Consider selling no more than half, if you must sell.

I sat out last bull market intentionally…having learned my lesson through foolish selling the prior 2 bull markets. Don’t make my mistake.

Trained at a well known multi specialty private group practice with a world wide reputation located in south west Minnesota. IYKYK.

Are you an MD?