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Mitch
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Survivin' & Vibin'

I'd like to sign up to try it out. No nostr sign up option available? Is that in the plans?

It depends if the people who add true value are below those who do not in the mass of bureaucracy. Social order will still persist.

Asimov's foundation series is my favourite, however I only think that's the case because of the foundation laid by the Robot series.

I feel more nostalgic about the Robot series, closer to how I feel about Harry Potter.

Agree 100%. I'm slowly warming up to the idea of doing the same. Legacy social media taught me to post nothing to be private but still wanted access to the content, definitely need to unlearn that.

Followed you after Lyn Laden boosted one of your notes. Been a nice palette cleanser for the onslaught of bitcoin only content.

I'd be lying if I said it wasn't Patrick Bateman's laser eyes that got me though.

Replying to Avatar HODL

100x

I might be retarded but if 0.1 bitcoin is worth 1 million in 30 years, and 1 million in 30 years is worth 100k today, that's a 10x in real return when 0.1 bitcoin today is worth 10k

So a 10x in real terms over 30 years. Why so bearish?

Careful with the humidity. We did the same and during dry winters the boards separate with a loud bang. Still worth it, but a humidifier helps depending on your house.

Replying to Avatar less

Great message… and I concur with nostr:npub14am887cf6kvwkce89nt7dsw3v9qrrn0uppxyvr6a2jd7xdwuwccqwnudp2. 🤝

Take back your health.

nostr:note15szlkdj7plpykp6mw5gkm62vaft9tug280ldey5gwkqenv4y059qvqdunj

Does he share his blood work?

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?

2.

However, I can confidently say that I will never need 6 mil a year to lead a perfect life in my own eyes. Bitcoin max, material min. Maybe for 1 year for fun but that amount of consumption would quickly become tiresome for me.

The ideal scenario in my mind is to stack enough to allow for spending the increase in global productivity every year. In bitcoin terms the stack will of course decrease. In purchasing power terms all needs are taken care of indefinitely for generations. as long as discipline and humility are valued.

Not enough to do nothing, but enough where you can do exactly what you want.

If people keep voting him in, not a chance.