Nostr

#bitcoin is having a nice morning!

Unless someone is setting out to be a professional author (very hard), nobody should write a book to make money.

When I set out to write Broken Money, it was because I *had* to, not because I wanted to. Spending a thousand hours on something that I get a profit of $5/copy for is not my best use of time.

Any time I spent on my research business revenue generation content, or leaning harder into my venture capital partnerships, would have been better on an hourly ROI basis. I have to sell 40 books to equal each newsletter subscription on my website; clearly the latter is better financially.

Almost regardless of how many copies I sell, it's a bad ROI for me. I'm overworked and the fact that I wrote a book while maintaining my existing business stressed my relationship and social life. And further, I am reinvesting most of my initial profits; the first 1,000 copy profits go to the Human Rights Foundation Bitcoin Development Fund, and the next 4,000 copy profits will go towards making a video about money and why it's broken.

And all of it was worth it. When a creator has something in their head, it's painful until they get it out into the world. I wrote this for bad ROI but because I wanted it to be out there for people to read, period.

Will I make a profit? Yes. But at a much lower hourly rate than I make on other work I do. It's a negative profit compared to having reinvested that thousand hours into my other existing work. But I consider it to be more important, which is why I spent the time.

I wrote Broken Money because I had to. The book concept formed in my head after many years of writing and research regarding money, and it would have been increasingly distracting to *not* write it. I didn't realistically have a choice. I felt compelled to write it. Part of it was altruistic; I wanted people to learn from my total monetary framework thoughts over five years of research. Part of it was egotistical; I wanted to timestamp something in the world, in physical form, and put it out there. Maybe it's the low time preference part of me; I'd like something of me to be mentionable to people in the distant future who look back at this time.

My background has been a blend of engineering and finance, with both ironically pointed toward bitcoin.

I don't care where you buy it from, and you can pirate it if you want, but it benefits bitcoin and nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak if you buy it from his website. Circular economy rather than big fiat business. We've introduced a special edition hardcover with a cloth cover and dust jacket for those that prefer that premium format, only on his website. And you can buy it in fiat or sats.

https://academy.saifedean.com/product/broken-money-hardcover/