Say you have a little money sitting in an IRA from a past job and were trying to decide what to do with it. Roll it over into another clunky vessel and stuff it into main street’s Bitcoin? Take the significant tax hit and stack the sats? I find it more and more difficult to keep anything in tradfi but man that tax hit blows.
We’ve been spending a lot of time in our backyard lately just hanging with the new kiddo. And man the birds have been awesome this year! Amazing what you see when you slow down and look.
Going to start a little Bitcoin Birding Mondays. I’ll post a backyard bird photo and zap the correct identification. Because apparently you can just do that?
Name that bird:
Maureen Satoshi? Aka Mo Sats
Moody moody.
“The stock market operates like a wave washing up on the beach. It sweeps with it many minuscule creatures who derive all of their life support from the oxygen and water of the wave. They coast along at the crest of the ‘Tide of Prosperity’.
Suddenly the wave, having reached the high water mark on the beach, recedes, leaving all of the creatures gasping on the sand.
Another wave may come in time to save them, but in all likelihood it will not come as far, and some of the sea creatures are doomed.
In the same manner, waves of prosperity, fed by newly created money, through an artificial contraction of credit, recedes, leaving those it had borne high to gasp and die without hope of salvation.”
Well done Mr. Eustace Mullins.
“The perfect happiness of men on the earth (if it ever comes) will not be a flat and solid thing, like the satisfaction of animals. It will be an exact and perilous balance; like that of a desperate romance. Man must have just enough faith in himself to have adventures, and just enough doubt of himself to enjoy them.” -GK
To the constipated man diarrhea is progress.
“The best work is the work you’re excited about.”
“Greatness begets greatness.”
AI amplifies Brandolini’s Law.
“You can only find truth with logic if you have already found truth without it.”
“We don’t need good laws to ban bad people. We need good people to ban bad laws.”
“We do not need to get good laws to restrain bad people. We need to get good people to restrain bad laws.”
“Pessimism is at best and emotional half-holiday; joy is the uproarious labour by which all things live.”
“Man is more himself, man is more man like, when joy is the fundamental thing in him, and grief the superficial.”
I’ll look at my book collection and think, damn, all of these were recommended to me, but what do I actually want to read? Influence, Sapiens, When Breath Becomes Air, Thinking in Bets, all great but if I was locked in a local used bookstore, with no podcast voice in my head saying “Read Feynman”, what would I come out with? Apparently the answer is cowboy westerns and small architectural builds as of late. Thanks for the zap!
Education of a Wandering Man. Louis L’Amour. I haven’t finished it yet but a fascinating life he led.
“All injustice starts in the mind.”
“Everyone on this earth should believe, amid whatever madness or moral failure, that your life and temperament have some object on earth. Believe that you have something to give the world which otherwise cannot be given.”
For all the fine work you do. Appreciate you, sats incoming.