Was asked yesterday by some very good friends (over 20 years together) in YPO about how I would feel if Bitcoin went to zero - and as a result….i went to zero.

I had to explain (again) that I can’t believe I’m lucky enough to live at this time, with all of you, and contribute to this protocol that is aligned to my beliefs. That the reason it won’t fail is the tens of thousands (and growing quickly) people like that who have also realized their agency in creating the world they want to see.

But even in the unlikely event that it did fail, that I wouldn’t change a thing.

What a ride and so fortunate to be creating it with you!

We are so early.

Yes. I’m aware. Help. Cheers from Munich 😵‍💫

The signal on X is rising. The noise is not. Nostr is stagnant

Guten Appetit!

Meine Brötchen: ^^

I quit my fiat job, and my last day was yesterday. I begin a new chapter of my life by joining nostr:npub1u8umhxc4ewe7f8qvs9pxjtcs3qagnzvv5qal7kf7fq08zsuwhawqyu2gqg as the CEO. I’m going to make sure we have a bigger presence on here, and my nym status to the 7 people that don’t know me will be doxxed via some very cursory web searching and a rip I did with nostr:npub1hghnjjpnvkz8t6gkszuf37d7puwc2qtxc65rnklqsngzv6kkug9qhhfyz2 that will air in the future. Love all you pleb Nostriches on here, and please come to me with feedback as you see us out in the wild. Exciting times ahead.

I have about 8 close friends from high school. All now in their mid 30’s

Of the 8…

6 are unmarried and have never been married.

2 are married

4 have children. 4 do not.

Of the four that have kids they each have only 1 child.

Only 2 have what could meaningfully be considered a career. The rest work paycheck to paycheck.

Only 2 are home owners.

Is this common for millennials in america? Or is this just my friend group.

My Summer 2021 peak clown world call gets more comical by the day.

My thoughts on the crypto reserve.

GM from beautiful Colombia.

With all the chaos and nonsense going on in the world right now, I wanted to share something that I believe is critical as it relates to what is happening on #bitcoin (the first global free market that can’t be cheated) versus a system of corruption (trying to stop that system) Either 1) through willful intent or 2) lack of knowledge.

(*the majority of people fall into the lack of knowledge group)

According to game theory and playoff matrices: even when there are very high rewards and low punishment (they wouldn’t get caught) approximately 10% of people won’t cheat - no matter what!They place a higher internal value on integrity that overrides external rewards. I’ve seen this number as low as 2.5% and as high as 20%.

Why is that important:

Although everyone wants to see themselves as one of the honest, the math says that between 80 - 97.5% of people will cheat depending on the rewards. Now enter money - the ultimate pot of gold with high rewards and low punishment for cheating because people don’t understand it. Most people will cheat - a mirror of the world we see and have seen in Bitcoin since its inception. Need inflation, bad for environment, drug money, doesn’t scale, crypto, meme coins - the list will go on and on because if people can “get rich at someone else’s expense - most will. Those are simply the numbers and always have been.

In fact, in prior periods of history, the honest were at a massive disadvantage because and would often be killed by the cheaters. Because the integrity was so rare, society would often celebrate these people after their deaths as lessons of what we wanted our higher selves to look like.

#bitcoin has changed the equation. Giving those with integrity the power. Why: because 2.5 - 20% of people that won’t cheat is a massive number - especially if many of those people are decentralized and can’t be “found”. Those are the people who eventually run nodes, contribute their time and energy to keeping #bitcoin decentralized and secure, watch for attack vectors, build value on top of this protocol, call out the cheaters, teach and advocate to help others see it. Those people simply can’t be bought, and more are joining every day.

That decentralized and secure protocol bounded by energy is repricing everyone and everything from the other system and it will continue to do so as that system tries to grapple with: the cheaters no longer make the rules.

It will be chaotic, many more will try to cheat (don’t be afraid to slay your heroes) but in the end…..Satoshi unlocked a way to put the best of us into a protocol that was best for all of us.

What a time to be alive.

Instead of buying a second car, I bought an eBike in 2022. I saved over 0.3 BTC, cycled more than 13,000 km, and gained an additional 900+ hours of time listening to Bitcoin podcasts.

I cycled through all kinds of weather—minus 20 degrees, rain, ice, and about a third of the distance with a child bike trailer.

On mornings when it was 6 a.m., raining, and I was cycling to the office for an hour, I would think about the stacked sats and the opportunity I was building for myself and my family.

A lot of people have heard my moped story, but heres the math on it.

In 2016 I needed $5,000 to pay my wife’s master’s school tuition.

I didn’t have $5,000 cash at the time, but I did have bitcoin.

Bitcoin was trading at roughly $500, so I would have had to sell 10 bitcoin in order to pay the tuition.

I didn’t want to do that so I sold my car instead for $5,500.

I took $500 of that and bought a shitty moped and used the rest to pay my wife’s tuition.

So I rode the moped around the rest of the year and everyone made fun of me. Usually I play this part of the story up, but tbh it didn’t bother me. The people making fun of me were poorer than I was, they didn’t understand bitcoin or the market or even basic budgeting.

When people would make fun of me I would tell them why I was doing what I was doing. Then I would start peppering them with questions about their financial life.

“Oh so you financed your refrigerator? You’re still paying that off huh?”

“You have a timeshare you’ve never been to? How’d you get talked into that?”

People would generally go from laughing at me riding the moped to feeling shell shocked by me popping their bubble of comfortable delusion.

Still I drove the moped and everyone thought I was being weird and ridiculous and silly etc…

At 100k that decision was worth a million dollars.

At a million it will have been worth 10 million.

And at 10 million it will have been a nine figure decision.

100 million dollars.

I only rode the stupid moped for 8 months.

Ask yourself? Would you face 8 months of sacrifice and ridicule for 10 million in the future?

Because there are things you could be doing today that would generate that for future you.

My advice is to have your own moped moment.

Do something a little weird/cringe/out there in order to stack more sats and then check in on the sats in 10-15 years.

I think you’re going to be happy with the results.