I kid you not...
Today, I had one coffee and an English breakfast tea.
In the late afternoon, I did a heavy bag workout (~30 minutes).
I got home and shared a slow cooked leg of lamb (~1.3 Kg) with my GF.
She forgot to add the lamb neck with the leg to cook together, so I cooked them separately, again, slowly.
They looked so good when they came out, but I didn't want them.
I said I'd at least try to see how it is fresh.
I barely even had that bite, because I was already so satiated.
This carnivore thing really gets to you and eliminates fake hunger.
It's truly insane...
TradFi bros will look at these two and still call Bitcoin a gamble 🤡
I don't need the technicals from tradingview to tell me that Bitcoin is a buy or a strong buy.
For me, Bitcoin is always a MUST BUY.
I was just curious about something...
Short story 👇🏻
One of my friends bought a house in August 2020.
He paid £160K for it (13.72 Bitcoin at the time).
It's valued now at ~£196,830 (2.48 Bitcoin today).
Here's the rest of the results for that time frame...
• Money Supply Increase: 12.82%
• Nominal Price Increase: £36,830
• Nominal Growth Rate: 23.02%
• Real Price Increase: £14,498.86
• Real Percentage Growth: 9.06%
His house might be up 9.06% in real GBP terms, but it's down 81.96% in Bitcoin terms.
And that's the case after just ~4.5 years...
He told me a while ago that he's in a hurry to pay off the mortgage...
I advised him back then to instead use that extra money to buy Bitcoin.
He said he's not comfortable playing financial games...
I just sent him these figures and reminded him about that conversation we had about him paying off the mortgage early.
Am I a bad friend?
There has never been a 4-year period in which Bitcoin was worth less at the end than at the beginning.
The lowest growth over a 4-year period that I could find was ~80%.
Now, imagine a financial institution that gets this.
That institution could issue Bitcoin-backed loans that are not over-collateralised.
You deposit $10,000 worth of BTC in a multisig and you get a $10,000 loan, over 4 years.
The interest rate can be much lower than what's available today, if the institution has a stake in the rise of the collateral.
Say the $10K worth collateral is worth $18K, at the end of the loan.
The lender could be entitled to a small percentage (3-5%) of that growth, if the interest they charge on the loan is say 5% or lower.
Just my 2 sats...
What do you think?
The world needs governments and central banks the same way a human needs cancer and diabetes.
The main purpose of a Central Bank is to facilitate the fraudulent fractional reserve banking system and make sure it continues to rob people of their purchasing power.
No wonder the UK economy is doing "so well" 😂😂😂
In Q3 2024, the median weekly earnings for full-time U.S. workers were $1,165, or $59,228/year.
At that rate, it would take ~1.63 years of work to buy 1 Bitcoin—assuming no taxes, no living expenses, and a steady BTC price.
Good luck!
Friendly reminder that CPI ≠ inflation, and everyone who talks about inflation in that context is lying to you.
Imagine saving in the S&P 500, gold, or—God forbid—long-term U.S. bonds over the last five years, when Bitcoin has been available as a savings tool
Today is a great day to HODL more Bitcoin than Meta, Microsoft, and many other large corporations.
We are so fucking early, it's not even funny.
I must confess something...
I am a MASSIVE spender.
I make at least 25 purchases per day, every day.
It's true...
With every single one of those purchases, my share of the 21M Bitcoin ever to exist grows.
Some people like to spend a lot each day on shit they don't need.
I like to spend a lot each day on making sure I secure my financial future.
We need this to hit fear, then extreme fear, before we go higher.
Sorry. I don't make the rules.
The pension system is a Ponzi scheme.
Do with that what you will.
Bruh, it's a centralised shitcoin, at best 😂
The market chose BTC long ago.
If BCH blows BTC out of the water, it hasn't proven it, because the market rejected it long ago.
1 bitcoin is always 1 bitcoin