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Daniele
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Building software that is Bitcoin and Nostr native. Frankie is an anonymous, pay-as-you-go AI Chat. And more offline-first tools coming, check them at https://frankie.tools/ NOA - Nostr Onboarding App - is a multi platform app to onboard pre-nostr users to this wonderland: https://nostr.frankie.tools/

Yes. The disclaimer about assumptions is the second statement very clear in my post. Which is the same assumption the original poster made.

Doing exactly this in past cycles would end in a good outcome. If people lost coins, it means did not follow this approach and did something else.

In the future nobody knows, but if you want to play, that's how I would do it.

Replying to Avatar HODL

Thought experiment.

Option # 1

Let’s say you have 10 bitcoin and we hit 2 million in the next few years.

You’re tempted so you sell it for 20 million dollars.

After taxes you’re be left with 16MM.

Which you use to comfortably generate 1.2MM a year in the tradfi markets.

So you take the money and retire.

Bitcoin crashes 60% back to 800k.

For a few years you feel like a genius. You enjoy your new rich person lifestyle.

You even buy back a few bitcoin. 2 to be exact. 20% of what you used to have.

Then bitcoin rises over the next decade to be worth 50 million per coin.

You’re worth 120 million now. And you decide to sell a little over half a coin and upgrade your lifestyle again to be able to generate an additional 2 million a year.

You’re now on paper worth 120 million, you generate 3.2 million a year (266k a month) and you’ve been largely stress free for the last decade.

Your kids will inherit roughly 1.62 bitcoin from you upon your death.

You have some level of regret about not hodling through, but you’ve been largely stress free and the mental health benefit was worth it in your mind.

Vs.

Option # 2

You have the same 10 bitcoin but you Hodl them.

Your stress levels are persistently higher.

You also decide to retire when Bitcoin hits 2 mil, but you decide to do so in bitcoin terms.

Your plan is to sell a little bitcoin as needed in order to fund your lifestyle.

This is roughly 1-3 million sats a month. Depending on bitcoin price.

Over the course of 10 years you end up selling or spending 2.4 bitcoin and are still left worth 7.6btc when bitcoin reaches 50 million.

Your net worth is 380 million.

You’ve reduced your lifestyle in bitcoin terms down to a million sats a month. (500k) or 6 million per year. You’re 46, Assuming you live until you’re 90 you will pass down 2.32 bitcoin to your kids.

You have no regrets about the way you played it, but your stress was consistently higher and there were a few scary months along the way.

Which option do you choose?

1 or 2?

They both look wrong.

You are assuming Bitcoin will go on growing in cycles pretty much as in the past 10 or so years. So will I.

In 2025 you sell 20% of your asset, so 2BTC.

You buy them ALL back 12 months later, using roughly 35% of the fiat you got one year earlier.

Then you got roughly 3 more years to spend the 65% of fiat you got. Spend them all, as they will be worthless soon.

Then it's mid 2029. Repeat.

You will leave 10 BTC to whoever you want in the end.

I was afraid you said that. :)

But using typescript is your choice and your choice only.

You damage yourself and what's worst you de facto support that virus to spread.

Believe me one can build perfect web app with pure javascript. And now with Tauri 2.0 also multi platforms.

Just discovered this yesterday: Mapcarta:

https://mapcarta.com/

"open map that unites the world, with the collective knowledge of OpenStreetMap, Wikipedia, Wikidata and other open projects.

Yeah.

Well I think that most of the time when shit happens for me, using `adb kill-server` is not enough, so I just kill the damn adb process so it can restart properly and everything is back again.

Svelte brought us back to pre react era. Angular/React gave us TEN years of horrible, horrible stuff.

Now with svelte building software for the Web is fun again.

Svelte 5 is the natural evolution of a based project. I did embrace it fully the moment they dropped typeshit.

I knew then we were aligned.

https://devclass.com/2023/05/11/typescript-is-not-worth-it-for-developing-libraries-says-svelte-author-as-team-switches-to-javascript-and-jsdoc/

They work well, until they don't and got disconnected and reconnect do not work etc...

Whatever IDE one uses, it's always `adb` to do this.

Maybe is the OS, you probably are on OSX or Windows.

psyops?

That's what it is: being an empire, and the global hegemon.

There is no way around that. The only option is to retire, hoping that the others will just forget and let go 😉

It's not good or bad: it's the way it has always been.

Am I the only one spending half the time dealing with USB/Wireless debug not working in Android / adb?