100% allocated, so we go when we go. :)
If I see that chart it means I'm looking to close, haha. I keep it on the Month so it doesn't seem volatile at all most the time.
Good morning everyone.
I started my Bitcoin journey in 2023, with the support of my wife. After a little over a year and a half in this space, I've came to the conclusion we needed to be all in. Today we officially began our journey of living on a Bitcoin standard thanks to nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqg5waehxw309aex2mrp0yhxgctdw4eju6t0t25cfd and Strike for replacing our checking/short term savings (with acceptable counter party risk). Also thanks to nostr:nprofile1qqsza56ed667de7q6mu6uxspetg7gzadqtkeug3plserzcj2nz6vc7qpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhszv44jd for providing a long term savings solution by allowing us to have Sats sent directly to cold storage upon selling our fiat (without counterpart risk). Finally to Chase, that will continue to allow us to run negative Fiat and short the old system.
I was expecting a lot of anxiety about the financial change, but I am honestly so much more at peace with this. Fiat systems are evil time theft mechanisms, opt out. #Bitcoin
Special thanks to all the Bitcoin community as a whole, but also a special thanks to the Bitcoiners that gave me the confidence to do this for my family. You guys should know that you are effecting change in the world. You certainly changed our lives.
The biggest thanks goes to my lovely wife, nostr:nprofile1qqs98t84lhp68wcjlag0hr3ct8gxtw4u0lapfpnrkjhjl4mxw00cwlcpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0xscdx7 for loving me and supporting me the most as I've fallen down this crazy rabbit hole that is the Bitcoin revolution. I love you so much, Honey.
God bless everyone, hope to thank you in person some day.
January update:
Our household suffered this past month. We had reduced income (I took a pay-cut to start a new self-employment venture), and we had some unexpected expenses that pushed our costs above normal. In terms of Sats, we had to dip into our savings resulting in a net loss of 3.93%. In terms of fiat, the purchasing power of our remaining Sats (savings) still had a net increase of 4.70% when priced in USD (our local fiat).
Just tracking the fiat amount: we would be down -4.14% in savings
Granted, we would've had 100% less Sats (in savings) had we not converted all of our fiat to Sats going into this year.
#Strike Bill Pay worked as intended. There was a nerve-racking hiccup where the option disappeared on our account, but it was quickly resolved by their support team. We also had to provide a certificate of marriage so we could pay my Wife's credit card bill.
We weren't able to put any savings into long term cold-storage via nostr:nprofile1qqsza56ed667de7q6mu6uxspetg7gzadqtkeug3plserzcj2nz6vc7qppemhxue69uhkummn9ekx7mp08razs9 because we were at a net loss this month.
In short:
Sats were down (we dipped into savings) 3.93%
Fiat Value (of our savings) was up 4.70% (despite dipping into it)
If anyone is interested, I'll keep updating in percentage terms how our life looks on a monthly #BitcoinStandard
#Boom #Booming
#LivingOnBitcoin
#Bitcoin
#SatLife
Nostr Wallet Connect. It’s a way to connect wallets to apps for zapping among other things.
More info here: https://nwc.dev
Must be integrated for me. Didn't even know that was a thing. Amethyst with Speed Wallet and Strike, no failed zaps.
Any #Amethyst users want to share your NWC experience with nostr:npub19aftr8lpgz8knmswjz0d3l9vzwx97dcvqh0zfuxcxu9d57t4yv3sz4v28l? She’s tried Minibits and Coinos with Primal but has gotten a lot of failed zaps. #asknostr nostr:note1mecq4lma6gylqn7kf8ex0llk2yjm2dnhs2zrjpx3vrddfzkgvfcsekcfka
NWC?
I'm blessed to have him and my mother. If I'm half as accomplished of a parent as they are, I will have done my children well.
My father always told me, "The only thing you have control over in life is how you choose to react."
Cross posts from my Discord.
A response to my friend saying that I'm caught in a #NOSTR echo chamber while spewing black pilled frustrations with the world.
"You haven't even looked at Nostr, maybe that community really does have real solutions to things on there.
Actually put some fucking effort into figuring things out for yourself instead of black pilling and doing nothing.
You don't have to fix the world. Start with making a positive change in your community.
Grow up.
You can all be so bloody nihilstic. You want a good fucking future? Make one. Stop bitching about things. Make a difference. Do something different, figure it the Hell out. Quit complaining, and take charge of your life.
It's called self-agency. Get some. If the problem is beyond your control, pray about it. If it's within your control, pray about, then do something about it.
You get one life. You want to let the world drag you down? Or do you want to make the absolute best of what you've got? There's no man opressing you from your life ambitions other than yourself."
Just going to leave that there incase anyone needs a pep-talk or reminder why we Nostr or #Bitcoin. Self sovereignty and freedom. Don't forget to live your life to the fullest.
They can also “vote” with regulation. The incentives get very muddied. I don’t like the idea at all.
Slimy. I prefer my government to not be involved with the private sector.
I hadn't considered it like that. If they do invest in American companies, then I hope they have to take a silent non-voting position...
Same thing, but:
"When Bitcoin dips and I just got paid."
and
"When Bitcoin dips and my bill pay just went through."
Probably ten to fifteen years out, unless something changes significantly for us. We'll definitely incentivize Bitcoin payments over fiat. Price everything in Sats and provide a smaller font dollar amount at a premium to the Sat amount.
We're planning on opening a Café when we've saved enough. I'm passionate about coffee, and my wife is passionate about baking. I have to be gluten free, and she makes unrivaled gluten free pastries. The gluten free crowd is significantly under serviced in our area, so we should be a hit.