Avatar
Latebitcoiner
84764cbdab426d0f48b5711e520f6e1418b293be50c6351ad3678e1a24bacb19
Ready to learn, always

Charlie Kirk got shot today. I may get cancelled for this, but if you believe ANYONE deserves to get shot for TALKING you're a crazy person. I don't care what they're saying.

Thought for the day if you are a business owner. What are we more satisfied with? Creating more money, or creating MORE better humans? I like the second one.

One week from today. Checkout this Meetup with Jefferson Georgia Bitcoin Meetup Group: https://meetu.ps/e/P88Zm/Sg3DB/i

I've been trying like crazy to get my enterprise (a large personal lines insurance carrier in the US) to pay attention to Bitcoin since 2021. This year I've actually started to make a tiny amount of progress. The biggest problem is the National Association of Insurance Commissioners (NAIC) has clarified that directly held Bitcoin doesn't meet the definition of cash or admitted assets under statutory accounting principles. We need this changed. Maybe someone at the Bitcoin Policy Institute has an idea of how to try and change this. Can anyone help me with this?

Bilal Bin Saqib, Minister of State for Blockchain and Crypto in Pakistan just announced they have started a Bitcoin strategic reserve. Pakistan's avg. age is 23 and they have 250 million people. Huge news.

Lewis sums up Bitcoin friendship perfectly. "Friendship is born at that moment when one person says to another, 'What??!! You too? I thought I was the only one?" CS Lewis. My favorite thing about Bitcoin is how it builds relationships. Running my meetup is the coolest thing I've ever done. People are insane, smart, funny, clueless, brilliant, kind, loving, heartless, and just downright amazing. I would have never had the opportunity to meet some of those people without Bitcoin. Thank you Satoshi.

I just asked chatgpt to calculate the CAGR of gold since 1935, and it was 7.86%. I asked the same thing about the S&P500. It was 8.79%. About 1% different. So basically, the technology that we've developed over the last 90 years is worth 1% a year. That is absolute BS that humans have done that to the world. Crazy town. So you're telling me that personal computers, modern medicine, etc. are only worth 1%? It's terrible what we've done to value.

I gave a Bitcoin presentation to my Rotary club on Tuesday. I used www.wtfhappenedin1971.com and then attempted to explain hard money, and then the BTC protocol. Avg. age was 55 years old in the room. I had everyone locked in through Nixon, then lost the room during the protocol explanation, lol. I think I got about 5 people out of 50 thinking, all of them asked questions at the end, and downloaded River or Strike on their phone I found out later yesterday. 10% return in life is great, why am I pissed about it during orange pilling?

Michael Saylor says it best, with a dash of me. In the future there will be 4 Different Asset Taxonomy. A Digital Commodity: an asset WITHOUT an issuer, backed by digital power like Bitcoin. A Digital Currency: an asset WITH an issuer, like a stable coin backed by a fiat currency equivalent. A Digital Security: an asset WITH an issuer backed by a stock or a bond to tokenize Wall Street. A Digital Token: an asset WITH an issuer that is backed by a digital utility, like a power company token.

Can someone like nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z or nostr:npub1cj94enk44kn5mvrcma4sp7jnlsgnn4em7rk3dh3jt4fzyqs3m02s560efa explain to me why the 2 year treasury bond has dropped .26% and the 10 year has dropped .38% so far this year?

I just watched What Bitcoin Did with nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z. Preston was explaining Bitcoin backed bonds. The key management is what I dont get. If I by a Bitcoin backed bond and I want to trade it. How are the keys being traded along with the bond on an OTC desk. Lets say I work at a major insurance company and I manage our 50 billion to pay claims. Would the custodian or broker dealer just keep the keys and push them along with the paper? Would I have to burn my keys somehow when I get USD for the Bitcoin backed bond that I just sold? How would that work?

Someone has to explain the key mangement to me while locking the BTC up in a time lock for 2, 5,10, 20, or 30 years. How do you trade these things on the open market. You'd have to trade the keys around WITH the bond and once you've seen the keys, then it's over. How will the bonds jump WITH the keys from owner to owner on the OTC desk?

If ONE more client talks to me about XRP....... I......... I will smash something.

Replying to Avatar HODL

Simple formulas for a good life (simple, but not easy).

Getting rich

• Spend less than you earn. Wealth is built by saving more than you spend and investing the difference.

• Invest early & consistently. Small, regular investments compound into massive wealth over time.

• Avoid bad debt. High-interest debt works against you—pay it off fast and focus on assets.

Being Healthy

• Burn more than you eat. Weight loss comes down to a simple calorie deficit.

• Exercise + good food = longevity. You need both for long-term health—one alone isn’t enough.

• Prioritize sleep. 7–8 hours a night improves mood, focus, and physical health.

Relationships

• Trust + honesty = strong bonds. Without them, relationships crumble.

• Listen more than you speak. Understanding comes from truly hearing others.

• Quality > quantity. A few deep relationships bring more happiness than many shallow ones.

Personal Growth

• Effort > talent. Hard work beats raw talent when talent doesn’t work hard.

• 1% better daily = massive growth. Small, consistent improvements lead to big results.

• Discomfort = growth. Growth happens outside your comfort zone—lean into challenges.

• Self-discipline = freedom. Control your habits, and you’ll control your life.

Productivity

• Focus on the vital few. The 80/20 rule: most results come from a few key efforts.

• Do one thing at a time. Multitasking reduces quality—focus wins.

• Plan your work, work your plan. A clear plan saves time and effort.

• Tackle the hardest task first. “Go ugly early” to gain momentum.

These are all simple, but not easy. Deploying these formulas in your own life will require effort and perseverance.

I got into Bitcoin in 2019. I've been orange pilling since 2020. Every single person NOW tells me, "I missed it." I immediately grab their phone, download River, and show them how to buy 10 dollars of Bitcoin a week. "Small regular investments compound into massive wealth over time." American Hodl, Alais: The shit. The Tits. The man, the myth, the ledgend of his own mind. lol, love you bud.

How every investment advisor makes me feel.