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Daz B
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#bitcoin. Co-Lead Plebucator at http://www.lookingglasseducation.com @LookingGlassEDU Teaching wage-earners how Bitcoin can change their world. #Austrich

Yeah the A-League is cool but have you heard about nostr:npub1r9ljw92txy980r5xq5aujy6yw3avl5y67t2yzz09h3d6zyf3gvpqwhfa47

Cradle Mountain

Wombats ✅

Unparalleled Potential

Bitcoin benefits from the performance of a “risk-on” asset for when times are good, and the capital markets are expanding. But, concurrently, it offers the security of its “risk-off” properties for when times get tough, and people rush to protect their capital.

To explain this further, Bitcoin is “currently” seen as a risk-on asset for most people. An asset one invests in when the economy is thriving. However, risk-on assets tend to be classified this way as we have counterparty exposure. There is the potential for loss during times of economic stress. Therefore, we would argue that Bitcoin, when self-custodied, removes counterparty exposure, giving it risk-off characteristics (An asset that performs well when times are tough and people are looking to reduce portfolio risk). In saying this, in times of stress, when people are looking for assets to preserve wealth and provide security, Bitcoin is in a prime position to do well.

However, despite Bitcoin’s risk-off characteristics, it benefits from the risk-on capital flows during prosperous times. As Bitcoin is an emergent technology, we have not yet seen global adoption, and it is through adoption, that these emergent assets tend to outperform. When we factor in the industries that can benefit from Bitcoin (i.e. the global monetary system, the financial sector, the insurance industry, e-commerce and micropayments, to name a few), it becomes clear that Bitcoin is unparalleled in upside potential.

- Looking Glass Education 2021

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The Harsh Truth About Markets Most Won’t Tell You:

Smart money doesn’t ride the waves — it creates them.

They use passive investing vehicles (ETFs, index funds) to herd everyday people in during bull runs… and then offload their positions into that “dumb money” liquidity when the tide turns.

When the market crashes, smart money is already in cash, hard assets, or hiding in the shadows — waiting.

Because they know what comes next:

Incentivized money printing.

And when the Fed turns the taps back on, they’re first in line. They benefit from the Cantillon Effect — newly printed dollars hit their balance sheets first, before inflation seeps into the rest of the economy.

Meanwhile, the average person suffers at both ends:

• Buying high through passive funds at inflated valuations

• Losing purchasing power as inflation steals silently from their savings

This system is rigged.

It’s designed to protect the few at the top — and it’s working exactly as engineered.

Opt out.

Don’t be their exit liquidity.

Don’t be their inflation sponge.

Choose Bitcoin in self-custody multisig.

No bailouts. No middlemen. No debasement.

Freedom doesn’t come from playing by rigged rules. It comes from exiting the game.

The Kids are allowed to watch as much bush TV as they like.

https://m.primal.net/QAMq.mov

Art lesson.

Museum of Old and New Art. Hobart

This place was pretty cool with some really special pieces and the layout is incredible with one caveat:

This museum presented me an opportunity to educate the boys on a bit of Wokeism and the way mental illness can sometimes be portrayed and masked by the word art. There was some definite sick and satanic fucked up shit in here that otherwise masked a great experience. (Not pictured as I don’t want that shit on my phone) Still everything is a lesson.

Yesterday’s history lesson:

Don’t steal bread

Port Arthur historical site.

Fucking incredible place.

Seals ✅

Dolphins ✅

Manta Ray ✅

Cray ✅

Twas a good day

https://m.primal.net/PqoM.mov

https://m.primal.net/PqoL.mov

We have spent the week in Tassie catching up with some old and dear friends.

The boys didn’t do any official schooling….why? Because we can.

This is a severely under-appreciated benefit of home-schooling. The option to choose when and what you study and where you do it.

Torquay, Jan Juc and Bells

The surf gods were kind to these little kooks.

Caught up with some of my favourite Bitcoiners. No dox….you know who you are.

Then onto the spirit of Tassie…

Me waiting for nostr:npub1crsvgfepxnvjm2r9zegvzr9xz2m3pfns6hsyxjy0yls88g0k8gtqhc9r37 to respond to almond nipples

nostr:note1gd3ddrcjr634uqnpnnnxt5jg59ukrc932uvaamggtkg3asnaeu0qxj650n

I think you’re wrong here Jen.

As a farmer I thought you would be more well versed in nut-biology.

I don’t think you have seen the female variety of milking almonds.

This is where almond milk come from.

Photo attached from my family of consensual milking almonds.

Inverloch, Wonthaggi and Wilson’s Promontory

Inverloch - quiet little coastal town. Nice long walks along the coast. Saw a seal diving for fish in the channel. It was awesome

Wonthaggi - short drive from inverloch. Home of the State Coal Mine where you can do an underground mine tour. This was really cool. Though dad was in charge of photos and dad is shit at taking photos 🙋🏻‍♂️

Wilson’s promontory. The southern most mainland tip of Australia. It’s all national park and pictures do not do it justice. Absolutely must see if you are touring. Sorry no doggos allowed

Bravo Gippsland.

This is up there with some of the the best milk I’ve ever had….

And that’s a big call, we have some of the best milk around in FNQ