Wasn't he advocating, a few years ago, that lending your #BTC for a measley 6% yield is risky and dumb? 🤔
My pleb take on Saif and Saylor’s chat about yield on Bitcoin:
Yield comes from prices falling against #Bitcoin. Said in another way, your purchasing power increasing is the yield not the # of units you have. Money is just information.
Technology is deflationary and exponentially increasing with AI, robotics 3D printing autonomous driving etc and they are converging. Prices of goods and services are collapsing to their marginal cost of production (lines of code over time).
Over time people borrowing will have to return at least the rate of deflation plus risk. If the rate of deflation is currently -5% and increasing it will make less and less sense to loan money into the future especially if your hurdle rate as a bitcoiner far exceeds what you can get in traditional lending markets.
Risking your bitcoin which increases at say 50% per year to earn 5% doesn’t make much sense to me.
nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe ~agree?
Yep. The risk is not worth the reward. You're risking 100% to earn 5%. That's a shit deal, which is why I think we'll have a return to equity-based economy, instead of debt-based.
i'm a #golang maxi because it was the first language that i could actually do big projects with, because it's so simple and uncomplicated
https://go.dev if you struggle with learning because of focus Go will be your entrypoint as well
Thanks for the advice. Much appreciated 🙏🏻
Never heard of Go, but sounds interesting.
Would you recommend learning that and building with it, instead of with Python?
Would you say coding and software development, in general, is a good industry to work in, for someone with ADHD?
I haven't been diagnosed with it, but I think there's a good chance I have it.
I've tried to learn Python and even build a few, very basic, programs.
The main reason I think coding and software development is good for people with ADHD is because you get instant feedback, in a way.
The code either works or it doesn't. Not just that, but you can make small steps in improving the thing you're building, which seems to keep people with ADHD engaged.
Honestly, I'd like to do software development, even though I have no formal training.
What attracts me the most is the idea of building tools, even though they might not be very complex.
I remember, a few years back, I actually started doing basic maths problems, because I enjoyed the step-by-step approach to solving them.
Mobile games actually harness that element in us and keeps us engaged.
Now, instead of wasting my time on games—don't get me wrong, I spent years of my life playing MMORPGs and MOBAs—I'd like to harness that power to build stuff and, eventually, earn a living from it.
Isn't it funny how the liquidation levels fall right inside the OTE range of this latest daily leg up?
I'm not a trader, especially a #Bitcoin trader, but I am aware of TA concepts, and this one is probably the simplest & most powerful one to understand, because it's based on liquidity.
💡 HOW TO NEVER MISS A DIP 💡
Let nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 buy #Bitcoin for you every hour (it's free of charge).
Have a spouse? Make it two hourly DCA subscriptions deferred by half an hour and BOOM.. You are getting new Satoshis every half hour! 🤑 
They're the best. I love how easy it is to stack with them
Curious where you can see that graphic
Yeah, sure looks like it
I was joking around with friends about the "Wen moon?" #Bitcoin meme, but looks like the only thing that mooned was my weight 😂
1000 sats to the person who can guess where I filmed this ;)
#bloomscrolling #flowerstr #nature #bitcoin #grownostr https://video.nostr.build/bd6165eb9420ec56565ffe6fdb47ddcb4a1dcc09781fa9e30594e6b028ba6568.mp4 https://video.nostr.build/83c1fb14d931a5337834a168c82b370d0a16d8b143f0ef15064f348f57637265.mp4
Looks beautiful 🧡
Video is very smooth. What did you film with?
Tim Dillon taking the piss out of real estate agents is fucking hilarious 😂😂😂