Bloody hell, fascinating prediction, hope you're wrong
Hey party people!
Today's show (#7) with nostr:nprofile1qy0hwumn8ghj7cnfw33k76twd4shs6tdv9kxjum5wvhx7mnvd9hx2qgvwaehxw309a38yc3wd9hsqgypghst3pwjamjlsnxclc2vmtvz7g33sde3ge5wm7knuz9nhmfwwvt69pq8 was a banger!
Shockingly (to me, at least), I'm suddenly bearish.
AM I CRAZY?!? -- Decide for yourself after watching and let me know in the comments!
Here's a link in case you missed the live stream.
Well that's pretty much everyone bearish now š
give me the ability to charge people for bad posts and suddenly I'll be finding everyone highly regarded š
this is mostly most triggers people that cannot speak correctly - say jreat jlorious jift, then try it with a Gs š
Your note is a gift
Thanks Dr Bear, suits me, need more time to sell more dollars š
my only panic is that I'll miss the bottom
Back in my day this dip would dip barley move the needle, wake me up when it's at 0 or 10m š
If I knew how to do this, I would.
I was told by nostr:nprofile1qqsx2wyjt6lmvc05rrvv05r5hm3w3t7h0pcpmkyswrpd4ymd2u09tscr0kfvc that it automatically shows up on their platform if you follow me on nostr, if that helps.
I'm useless at this stuff, and this is a totally selfish unhelpful comment: I'd love it if I could download it to my phone for listening offline. Thanks doc, I appreciate your words of wisdom
wish I hadnt already swapped my cash for BTC š«
So I had a unique opportunity today. A 12 year old boy from church wanted me to teach him about bitcoin and learn how to buy some.
I immediately thought of an important lesson I should have learned on my ownā¦a lesson nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs put in to words that really made it stick in my criminally stupid brain: nobody goes in hard enough the first time.
I arranged to sit down with this young fella and his parents and siblings and had him read Bitville to his younger sisters (https://a.co/d/bg0KgJy). I gave a copy of Saifās Bitcoin Standard to his folks. I set him up with an old mk3 Coldcard from nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 and helped him back it up, both analog and digitally.
This young fella then. Buys $100 in bitcoin from me. I send him the sats and make a balance sheet for him with assets on the left and liabilities on the right.
After telling him tales of my monumental stupidity while watching bitcoin price rise from 10Ā¢ to $0.1M, I tell him to borrow the $100 he just gave me and go buy another 100,000-ish sats. We add this to his balance sheet. He now has $200 worth of assets and $100 in liabilities. I tell him he must repay the loan when he is 18, but he can chose whether to pay back dollars or sats.
To test him and really drive the point home, I brought a 1/10th oz gold coin and told him to borrow $300 from me and buy the coin from me. I tell him he has to pay one loan back by age 18 and the other by age 30. He can chose dollars, gold, or sats. But it is his job to manage his time, skills, and balance sheet to stay solvent so he can repay his loans. I mean, the kid is 12 and heās up to his eyeballs in debt :)
I sincerely hope he eventually realizes it will be to his advantage to sell the gold and learn how to acquire more sats on his own. I set the ālabelā on his coldcard to be my email address so that someday he can plug it in and contact me to repay his debt.
If I had learned the lesson I am try to teach him when I was younger, I would literally be a billionaire today.
I canāt say this is entirely altruistic. If he canāt figure out how to sell the gold and buy bitcoin by the time heās 18, he fails the test. And as he fancies my daughter this is a bar he will have to cross to even have a chance to be in the runningā¦at least from my perspective :)
Clever and generous, good on you.
Hate to be that guy, but possibly he won't be able to economically move that UXTO in N years. Lesson still valid though
I trust you, but I won't be verifying
better it's later, need more corn before god candles
On it. Thanks for the financial advice š
argh
home electricity costs down