Current legislation is directed towards Superannuation funds here (equivalent to 401k in the US) that have to be audited every 12mths so that is how they know the supposed value annually and they enforce it at the point of a gun or more accurately, with the threat of big fines and/or jail time.
Fair enough Dan, we are all excited. But we’ve got a fairly ruthless legacy system who are not going to let go quickly without a fight. The faster BTC monetises the bloodier they will make that fight. Stealth 🥷 is the smartest way.
Epilepsy… sorry to ask, I’m not a doctor, but I just want to ask in case it hasn’t come into your radar yet. Have you tried eating keto or carnivore? It occurs to me that much of the brain misfiring we are suffering in our modern world is potentially linked to chronic inflammation. Eating keto or better yet, nose to tail carnivore, massively reduces inflammation. If you haven’t tried it yet, it might be worth giving it a go for as little as 2 weeks (must be 💯 strict to work - unlimited qty, extremely limited selection… carnivore = unprocessed meat, fish and eggs, no sausages) and just see what happens.
I know Saylor said many times that #Bitcoin is money but he also recently said that Bitcoin is not a medium of exchange meaning it is not money. #MichaelSaylor is eloquent and thought-provoking but he also contradicts himself on many points. Here is the interview I’m referring to: https://x.com/squawkcnbc/status/1767205014307565691
Thanks for think link to the interview. I’m having trouble opening it but I’ll keep trying.
Try harder! You sound like a PoS kinda guy when you say stuff like that. 🤣
Just kidding, hope to catch you at one soon. In the meantime have fun in Peru and keep posting steak photos. ❤️
This is the way! 👇 nostr:note1upp7gf2mzr250hfkdz4elhyrcwt42yzr3ffrazxselz6h4kuv2zqw5c3hd
Not necessarily, some countries currently tabling legislation to tax unrealised gains.
A lot of people talking about nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m. Want to give my perspective. Sure, I'm wrong...
Listening to him talk he's trying to grab as much #Bitcoin as possible. Development to the average user is not something he cares about. Slow development means more #Bitcoin to someone in his position with the ability for mass fiat influence such as stock.
He can afford more than most so change to the world isn't something he has to rush. That's wicked low-time preference.
Not saying it makes him good or bad. Just seems like his position compared to someone like me who would love it if we all dropped fiat tomorrow and we're using #Bitcoin in our day to day lives even if that meant it's harder to stack.
Hey Dan, I’m guessing you are middle class, first world, please correct me if I’m wrong. I’m guessing this because a fast monetisation would benefit you more than just about anyone else on the planet.
Fast is bloody. Slow is less bloody and allows for a more even dispersion. I pray for my sake, the sake of my kids, the sake of the hungry little African kids that Bitcoin monetises very slowly… 3 generations is the Chinese saying on change, 60yrs.
This is a one time chance for better economic dispersion and it is an amazing opportunity to take back some of humanity’s blood sweat and tears from the looters and the moochers but especially from the looters.
On nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m it’s disappointing to see the legend status Bitcoiners are giving him, the Madeira chant makes me want to puke 🤮!
Quite frankly I expect better from Bitcoiners.
On the other hand, I wouldn’t want to deny Saylor is a very intelligent guy and has done a huge amount for BTC adoption. I credit him with orange pilling me and will be forever grateful. He deserves plenty of acknowledgment for how he thinks, his conviction and for what he has done and achieved by literally putting his money where his mouth is. Full credit due. But let’s stop the god like chanting bullshit.
I’m pretty sure this is simply a confusion of terms. Saylor didn’t say BTC isn’t money, he said it isn’t a currency… those terms are not synonymous although many think them to be.
I get so hungry every time I see your daily steak.
Are you bush bush bashing with us next week?
Don’t stop it, swap it.
I’ve stopped doom scrolling on x and have swapped it for my daily hopium hit on Nostr.
I’ve gone from this 😡 to this 🥰
😂 This is my playbook. Thank goodness for my low time preference.
So true! Bitcoin only ever feels like good value in hindsight.
Inevitably , maybe 1mth, 6mths, 1 year but definitely 4yrs from now we’ll all wish we’d sold our chairs and stacked so much harder in this moment, right now.
Sell your crap, stack Sats! nostr:note1hsfvxehjvrcutjgtknq3vwq5g6j7fep0paun397upg4shufeusmqkwf3m3
Awesome, will you be joining our BTC Brisbane meet up this tmw (Thursday) evening?
My 🍕 #Bitcoin response to The Elementalist
https://x.com/bitcoin_outlaw/status/1775391165300568132?s=46&t=RtIXWfOZ8rqGriLb80XLwg 
Scarcity as far as humans can perceive it is subjective not objective.
Whilst I want to pragmatically agree that scarcity, in theory, can be objective, as far as it relates to the human condition, it can only be subjective.
For example we can have one of none of an infinity of unknown objects, it is not the lack or limit of something that makes it scarce but rather a desire for something that is far outweighed by its availability.
Deflation is already here, in Bitcoin terms everything now costs only 0.4 as much as it cost in Aug 2023 (only 8mths ago).
Only just learn this the other day. Mostly for those who are DCAing into BTC. Apparently, when you have accumulated a sizeable stack that has been made up of lots of small qtys of Sats over time, sending those Sats as a lump sum into a new wallet address is how you consolidate UTXOs.
If you have aped in, in a lump sum than UTXO consolidation is likely not necessary. That’s my understanding.
