Hi Daniel. I’m currently reading “Failure of Nerve-Leadership in the Age of the quick fix”. It has allowed me to understand more the resiliency of Bitcoin as an organism/organization. I’m wondering what is your opinion about this book if you have read it

nostr:note17ylfl832rud25ttv20nlz0z9w36ac0pjmh880s3cr40u0ggj79fq7dueew

If you positioned yourself correctly, IT IS A BULL RUN. Your fiat liabilities get depreciated while your savings in a hard form of money appreciate

@hal can you tell me which city ports accept cruise ship traffic in the north east atlantic shore of the US an Canada?

https://video.nostr.build/8a29f398c1c5a976bf0e8feebd2e988455f36c9bdafebec682db5f0c040005c1.mp4

Hi, I’m trying to replicate this setup. What cable did you use between the HT radio and the Digirig (not the usb-c cable). Did you make this cable yourself?

https://damus.io/

nostr:nevent1qqsggusqlc6lkvx4w9l9803hswf642ngezv8ezr0585jxjlpaf4mykspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg9hdex0

nice set up what is the box mounted on the front wall of the 12v DC Battery?

I would love to have one. How do I get one?

How many did she managed to keep floating

Nice to see you here

Not “If” but WHEN!

UPDATE: on the legality of a home mining operation. Where I live you only have to REPORT the coins at “fair market price” when they hit your wallet. However, this is not a taxable event. And even then you only pay income taxes on 50% of your coins when you sell them (if you are not an industrial operation). Or you can never sell and borrow against them as they appreciate (like Manhattan’s real estate). So my comment stands, it makes no sense to bury newly earned money on a legacy system “Tax free savings account”. I checked a couple of other countries in America (the continent) and the taxable event is when you sell the coins. So, in most of America(the continent) is legal as long as you report it. But apparently this is not the case in the United States according to some people here.

Thanks, man i’m not in the US but I’m in America ….the continent

First, i’m, not advocating for people to do anything illegal.I’m asking questions because I really trying to learn here. So according to what you are saying I owe “unrealized capital gains” for the sats that I mined in my garage. But, what conversion rate should I use to calculate my tax burden if I have not sold?

I’m not an accountant but if I don’t sell it how it can be income. Manhattan’s Real estate moguls have been doing this forever. They never sell their properties and just keep borrowing against them. They don’ pay taxes on this dollars because is a liability on their balance sheet. They use this dollars to generate the cash flow to pay interest. Rinse and repeat not illegal at all. Is it different with commodities such as Bitcoin or gold?

Agree!. Different situation between new after tax earned money and pension money that is utterly tied to the legacy system

Speaking from experience mining with one S9. I have been able to profitably heat my garage in the winter. I’m my experience those minig hours at a loss have been offset by price increases in the long run. My point is rather that for someone in the position of nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs to say “ you should have a Tax free savings account “ is odd to me.

Wait, why you choose to leave your capital in a system that is being constantly debased? Why not just pay your electricity bill and mine as much as you want to save (or can afford to save). No paper trail and no taxes either. Plus, most likely your “savings” will increase in value in dollar terms in the long run. Plus, you help the network.

Wait, why you choose to leave your capital in a system that is being constantly debased? Why not just pay your electricity bill and mine as much as you want to save (or can afford to save). No paper trail and no taxes either. Plus, most likely your “savings” will increase in value in dollar terms in the long run. Plus, you help the network.