Always be improving? I can get on board with that. But always be building? Sometime âgrowthâ (at least in the way modern culture means) isnât the goal.
I donât knowâŚI think this is old news.
If I have a fat bitcoin stack, I can cruise for a bit and out perform those who donât. Wait until there is an opportunity to leverage my abilities on a deal / situation I want to leverage my abilities to.
Grind just for grindingâs sake is so fiat.
Bitcoin is either $10M/btc of purchasing power or worthless.
There is no in between.
Come on! It was a funny timed pictureâŚdonât give me too hard of a time!
lol! Happily married, indeed!
Get someone who looks at you the way nostr:npub184cwc849sejs5pr566zcg4pqn53zzk85q70gmwqx7qt77h3suansvet30s looks at me 
I didâŚshe just doesnât remember it.
GrayscaleâŚcanât see a difference.
What are the best methods and tactics for managing email? The best client(s)? The best filing system? The best categorization strategies?
Eisenhower Matrix? Now, Soon, Later, Never? Color coding? Cross apps/hardware/email clients?
#AskNostr
âŚand losses to Arkansas⌠#WDE
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Yes, the issues I was experiencing have been resolved. Thanks.
Even more reason to be concerned. The volatility of âbitcoin onlyâ bitcoin companies is difficult to bridge through cycles. MicroStrategyâs core business has nothing to do with bitcoin.
How many SPACs have been successful. Iâve heard horror stories, havenât read / heard many success stories.
To buy real assets / companies with fiat and bitcoin collateralized debt is expensive. Holding Bitcoin is likely to outperform with less risk.
Around 1:10 in, he mentions mining businesses. And commodities within. He misses mentioning the block space commodity market. You could pay for future block space.
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I think ecash will ne what is propels this market into reality. nostr:nprofile1qqsdxpfv503a2ga3ajqxw843hws9z7302ghpj4mcmjpa6qagmp9pwrsppemhxue69uhkummn9ekx7mp0qywhwumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctv9uq32amnwvaz7tmjv4kxz7fwv3sk6atn9e5k7tczr282l
Biggest takeaway for me from this episode ⌠Bitcoin collateralized loans are currently charging a 3% management fee (!!) above the 11% investor returns. Not to mention origination fees. Thatâs insane.
Gonna be a lot of downward pressure on both yield and fees once the bitcoin collateralized loan product matures. Needs to mature soon, too, so bitcoiners who are not software developers can start utilizing bitcoin to manage real world assets.
Bitcoin collateralized loans are too expensive and way too short duration. Until there is movement in this market, hodling truly is sitting back and waiting to the deploy the potential energy stored in oneâs bitcoin stack.
MicroStrategy just announced their purchase of 40+ days worth of bitcoin production.
When the supply shock hits âŚ
đđĽđ
For the network effects to come, weâre gonna need the influencer class to open their aperture a little more, follow more, and engage more plebs. NOSTR needs to be the place you can interact with most of the personalities who became codified over on Twitter. Not necessarily youâŚjust in general. More conversations.
Bitcoin, real estate and fiat mining with nostr:npub1hxwmegqcfgevu4vsfjex0v3wgdyz8jtlgx8ndkh46t0lphtmtsnsuf40pf
I know this exchange of time for bitcoin stack is what Pierre is doing at Riot but I see utilization of bitcoin stacks in another way. In order for bitcoin to fulfill its potential as money, it has to be used at capital. It is the hodlers dilemma: bitcoin outperforms all markets on a 4-year duration so why would you spend it?
If Iâm not going to sell bitcoin but I want to buy tangible assets I think I can derive value fromâŚthe only other option is to collateralize loans with my Bitcoin ⌠denominated in whatever currency the seller of the asset will accept.
The crux of that strategy is that the use of capital from those bitcoin collateralized loans has to beat return on equity expectations. Its âdebt vs. equityâ competition not âcapital investment vs. bitcoinâ competition.
In that way my bitcoin debt becomes the equity underwriting conventional economic deals. And the competition isnât outperforming Bitcoin, it becomes outperforming traditional equity - likely private equity where equity expectations are 20%+.
That being said, right now the bitcoin loan market is far too shallow and short-term (6 months) and expensive (14%) to deploy this strategy widely and with sufficient risk-management to ensure you donât lose your coins chasing projects but I believe it is where we are heading.
Ultimately Bitcoin has to engage in the real world in real financial markets.
There needs to be downward pressure on interest rates and outward pressure on duration for bitcoin collateralized loans. Only in that way will Bitcoin start to act as capital competing in the marketplace.
As an aside, in nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy rip with Matt Dines, Matt says these loans have a 3% fee!? Crazy expensiveâŚIâm guessing just because the market is so shallow and they have to keep people employed. I would expect that goes down over time.
cc: nostr:npub1hxwmegqcfgevu4vsfjex0v3wgdyz8jtlgx8ndkh46t0lphtmtsnsuf40pf nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx
Again ⌠the OGs need to zoom in ⌠at least to the 2020/21 class ⌠Iâm widely aware of what you and others enjoyed during prior cycles. But the last 4 years have been mostly flat to downâŚat least relative to the âzooming outâ you suggest.
Any maxis in the Class of 2021 who got into bitcoin because of covid have not yet experienced the personal validation and financial freedom youâre suggesting comes from âzooming outâ ⌠and it has been 4 years of stacking.