Basketball IS life

Why does something weird need to happen every March to avoid widespread panic that happens to cost a Trillion dollars

The feds can shut down on/off ramps but they can't stop zaps. They're too late.

Hahahaha

I agree to the point that we can see the board and the strategy is about the next move.

The difference between chess and poker is 1) poker is based on incomplete information; and 2) poker puts meaningful financial skin in the game

This is what Bitcoiners could use more of when it comes to going back and assessing their decisions. If one’s time preference is to stay low - they need more than what chess can provide.

If poker was played with satoshis and not dollars, the game would have innovated advanced ways of thinking that we cannot imagine.

Interested readers should check out The Poker Face of Wall Street by Aaron Brown to see how American settlements developed in the barter economy via winners and losers of poker.

When the money gets scarce, things get interesting on a societal level.

I might have to write a book one day connecting Bitcoin and Poker.

Bitcoiners are, by and large, shit at personal risk assessment. Thank god for them that Bitcoin is riskless. This makes their ignorance largely inconsequential.

Risk competence is what gives a low time preference a shelf life. We’re all low time preference until something happens s and we’re not.

Adversarial thinking is off the charts - but understanding risk is remedial.

Poker fixes this.

Poker should be with Austrian Economics in the Bitcoin lexicon.

Chiefly - the analysis of decisions after the fact that are not based on the results.

Results-oriented thinking is for the weak hands that will give up their Bitcoin along the way.

Nobody on earth is better than this than poker players.

Is Big Red who I think it is?

Daily affirmations:

Nostr: Pura Vida fam!

Twitter: Fuck you cumlords!!

Pura Vida.

Between Bitcoin and Nostr, there’s a distinct sense of separation from the madness for the first time in my journey.

Pumps are cool too but nothing to get too worked up over.

For signal on the SVB mess - Dylan Leclair is shitting it. Much respect to that boy today.

i blocked everyone who replied to it. i never see it anymore.

#phish https://risk-fundamentals.ghost.io/phish-and-bitcoin-a-continuum-of-genius-network-effects-and-unintentional-foreshadowing/

Just because the current onboarding companies frame Bitcoin as an investment with services that look like they are from tradfi -

doesn’t mean thats what’s going to drive adoption

I hope this gets legs.

Networks don’t happen in isolation - they’re a social game and requires interacting

You think it’s an accident that a bank would fail and it’s name would be a variation of BSV?

Imagine having 1M in a bank and not having stacked at least 5 BTC

6.25 bitcoin reward still allows people to learn inexpensive lessons of either shitcoining or trusting banks.

Wait till we see how punitive the halvenings are on these people going forward

“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.”