If you had to put all of your net worth into one of these assets for the next 100 years, and no one can change the allocation.
What would you choose?
The goal isn’t just to preserve nominal value, it’s to preserve (and ideally grow) purchasing power while surviving geopolitical, technological, and economic shocks over the century.
$USD $GLD $SPX $SPY $VOO $BTC #asknostr #poll #bitcoin #btc #plebchain #nostr
1. US Dollar / Currency
2. Gold
3. Stock Index (like the S&P 500)
4. Bitcoin
With the wim hof method I was able to get close to 2 mins the first day (took a few attempts). I was honestly surprised. Like a lot of things in life, a lot of it is mental to push through.
In your case without doing that I’d be surprised if I got over 45 seconds.
As crazy as this sounds, Bitcoin at $100K can feel less expensive than btc 20K-90K.
It’s all mind games but if you ignore everything after the thousands separator $100K becomes $100. $104K becomes $104. $475K will be $475. At a million it gets cheaper and you ignore everything past the millions separator and $2M becomes just $2 lol.
Obviously it’s not actually cheaper but it’s easier for some to digest. Use whatever mental tricks you need to get past thinking the price is “expensive” and just continue buying.
#gm #grownostr #plebchain #btc #bitcoin #dca
To be honest, I’m not sure who first used Monopoly as an analogy, but I had this idea before seeing nostr:nprofile1qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcp2amhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c33wv6hjufkwaskgamj0pjx2drvdpn8xdfkvahrvdrgwaa826rwvesnvu3ed44rgdekwg6hxdrgdd6ku7n80fchyuekwymh5qpqs5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqjx5gu2 ’s talk. That said, his talk definitely helped polish my points, so big thanks to him! While giving credit is important, it can be cumbersome to fact-check every time—just like we don’t credit Satoshi Nakamoto every time we mention Bitcoin. It’s all part of the ethos of collective wisdom and open-source ideas. Just my two cents...Hope that helps!
Understood. I had never heard of the monopoly example used in this way prior to Preston (once in his podcast and another in a recent presentation).
Regardless, the monopoly example is a great way to explain this idea.
Have you considered doing AI to translate the video in your voice?
Hey bitcoiners, here's my 10th video on youtube
https://www.youtube.com/watch?v=M-mtns9RAsY
"MONOPOLY"
Summary:
The game Monopoly serves as a mirror reflecting the problems of our fiat currency system. Like the real world, money is continuously injected into the system, causing inflation. The only way to win is by accumulating assets, but over time, the rich get richer while the poor struggle to survive, unable to escape high rent costs.
A key moment in Monopoly is when the bank runs out of money. Some players declare game over, while others write IOUs and continue. The game’s official rule allows printing money on paper notes, just as central banks do in reality, devaluing existing money and worsening inflation.
Thought experiment: Imagine 100 Monopoly games running simultaneously, each representing a different country. Some maintain the $200 rule at GO, while others increase it to $300, $400, or more. Those who print more money quickly buy up all assets, leaving conservative players bankrupt. As inflation escalates, land prices skyrocket until money becomes worthless, leading to hyperinflation and economic collapse.
This mirrors real-world monetary policies, where nations compete to devalue their currencies, harming savers. Bitcoin offers a solution—a fixed supply, immune to inflation, outside government control. Unlike Monopoly, Bitcoin allows us to opt-out of the broken system and choose financial sovereignty.
Nice video. I think nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z should get some credit? I believe he was the first to use monopoly in this was as an example.
So currently it looks like small business do not have to file a #BOI according to Mat Sorensen.
All voluntary as of right now.
This changes day by day. Not legal advice. You do you.
If you happen to be on Nostr President Trump (yea yea… I know unlikely), please support the repeal the big brother act or executive order ban this FinCEN requirement once and for all.
#fincen #smallbusiness #repeal #bigbrotheract #Entrepreneur #startup #nostr #grownostr #news
💯
I’ll look for the audiobook. Honestly would never consider reading a book on the subject but now I’m curious to see what I’m missing. 🙂
Tolls aren’t taxes, they’re fees for specific services. But calling them optional isn’t fully accurate when alternatives are limited. I’ve lived in an area where several tolls were the only convenient route (other than swimming).
Monopolies can harm competition, but public services like roads & defense are often natural monopolies. Privatization isn’t always better but I agree kits better to default that way.
Austrian economics is thought-provoking and I agree mostly with it, but blanket privatization isn’t a one-size-fits-all solution.
I tried to find balance in things. Rarely is one side ever 100% correct.
Tolls are tax on roads though. 🤔
Voluntary contributions are interesting, maybe those interested in fixing a public space (like build a park or improve sewer system) can donate as if it were a kickstarter project.
I’m all for smaller government. Just seems very hard to accomplish.
Microstrategy $MSTR to pay off existing convertible bonds with new shares.
This allows Saylor and team to issue new convertible bonds with likely more favorable terms in order to acquire more bitcoin.
#gm #news #bitcoin #btc #mstr #grownostr #nostrnews
I don’t mind SBR, I also don’t mind no SBR. SBR just artificially accelerates things.
Dropping taxes would be incredible, I don’t see it happening though.
Let’s assume all countries abandon taxes. What would be the best way local and federal governments pay their expenses?
A strategic reserve should be for scarce and critical assets like oil and gold. Commodities which can help the nation in case of an emergency.
nostr:npub15xqg2kz8qwy3gt3f04rjncyp4w9aludt2rgwhc30lfuftrm6d2msrd9rv7 proposed the Strategic Bitcoin Reserve (SBR), this makes sense as bitcoin has properties worthy of being in a strategic reserve but including other digital assets seems like a way for some projects to profit from the proposed bill.
What’s best for the USA (and the world) is the SBR, not a crypto stockpile. If it’s crypto stockpile or nothing, I rather have nothing.
Why? Most, if not all, crypto/digital assets will lose value or fail. If you’re going to put tax payer money to work, SBR is the only responsible choice.
#gn #plebchain #sbr #eo #bitcoin #btc
The explanation of currency debasement (and the competition to debase) is explained in a great way using the game Monopoly with a few rule changes.
Well done nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z!
Watch the entire presentation, the monopoly example is at the 5 minute mark. Watch it a few times if you have to.
#gn #grownostr #plebchain #bitcoin #btc #economics
GOOD MORNING NOSTR.
LIVE FREE. 🫡
https://cdn.satellite.earth/6ea3f1b0d079cd525bb14a1b73e5ea8ac5f6403c79d0290764b1821b7085ef5e.mp4
Solid song, not going to lie. Never heard it before.
I hear ya, yet he still renamed the Gulf of Mexico to the Gulf of America.
I wouldn’t be surprised if he attempted it lol
Will President Donald Trump rename the English language to just “American”?
Does Polymarket have this listed yet?
#gm #plebchain #asknostr #polymarket #trump
