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Replying to Avatar corndalorian

The positive is that everyone is now connected via lightning laser eyes.

In the past they have always tried to hide the printing behind a facade of war, or saving the banks, or a pandemic, or the green revolution, but now they just do it.

‘In an environment of endless quantity, it is more important than ever to elevate quality.’

Another Alden maxim for the ages!

I could not agree more, particularly as I have worked in that area, in various critical fields, for many decades.

This is an exciting time though and it I even feel the temptation to shortcut myself sometimes.

Keep up the important analysis and communication work Lyn and I will continue to do my small part too.

Cool it guys. It’s a multi-color car with a bunch of people who are passionate about what that represents.

Replying to Avatar Born To Be Free

I’m thinking about what nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpzpmhxue69uhkummnw3ezuamfdejszxrhwden5te0wpex2mtfw4kjuurjd9kkzmpwdejhgj8j7r8 has recently spoken about in regards to the hodler’s dilemma.

This is the choice to either spend your coins to finance living, or not spend your coins and live “less” than you otherwise could. Which is why he released nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 Lending (which I’m super excited about)

Interest rates on this lending product appear to be between 9-13%, which seems high compared to traditional lending, but if you’re a hodler, you’re not a traditional investor, so is it expensive for you?

If Bitcoin’s CAGR is between 50-60%, what’s 13% in interest?

Let’s say Bitcoin’s CAGR works its way down to 25-30%. By then, interest rates should settle between 6-9%, but let’s say 9% to stay conservative.

Still a better option than selling, creating a taxable event, and missing out on future appreciation of your Bitcoin. I think an important thing to understand is that this product is for productive individuals. If you work or have a business and can service the debt payments while living below or within your means, this is an amazing product for you.

My husband and I speak about this almost every night. We’ve completed a full tour of duty in Bitcoin (4-year cycle). In the beginning, we thought we would be offloading some to finance a better quality life once we reached this point.

But now we understand that the more we hold off on certain spending and sacrifice to live as minimally as possible now, each year that goes by, we’ll have that much more financial freedom moving forward.

Now with lending, as long as we continue to live profitably, our savings will keep growing exponentially because we won’t need to cut into 5-8% of our stack each year to cover living expenses like we thought we would.

My favorite part about this lending product from Strike, and others who will adopt this framework, is no credit check. That’s a big double bird from us to the system that tried to control us with their BS communist social credit score.

No, we will not play by your nonsensical rules. Proof of work. Bitcoin is a meritocracy. You get opportunities based on your stack and nothing else. And you grow your stack by providing value to society.

Proof of work. So excited for this bright orange future that is really starting to pick up steam.

Just be careful about taking on leverage towards the end of a bull market ⚠️

Replying to Avatar corndalorian

Do you think it is a coincidence that our lovely galaxy has an unusually small black hole at its center and we evolved here?

Just an idle Sun day thought, nothing Fermi.

Yes, it was very painful to hear politicians who have just learned that they had better get behind ‘crypto’ reading inane speeches as though they were addressing a town hall at their local retirement home.

Nevertheless, kudos to the genuine ones who have put a lot of work and political capital over the years to move things in the right direction.

Doing the opposite of what the state wants you to do.

For Bitcoiners, 21 Sats ⚡️

For Normies … priceless 🌍