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mcshane
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magic internet money

buy your #Bitcoin hardware directly from the source where possible.

resellers are trusted 3rd parties are security holes in my book.

bullish on bearer instruments

yea be careful out there… dating as a bitcoiner especially

Replying to Avatar HODL

A story that illustrates why I will never orange pill anyone ever again.

2015- Attempt to orange pill friend multiple times. No dice. Totally uninterested.

2019- He asks me if now is a good time to get into bitcoin. “It’s always a good time”. I set him up with a HW wallet and tell him DCA and chill.

2019- Friend calls me a few months later, he wants to put the down payment money for his house into bitcoin, but he’s nervous. I say no worries I will backstop your investment. What’re friends for?! I want you to succeed. He now has a no risk investment. Financed by me.

2020: Friend is doing well. Has been stacking hard and has 2 coins. A great stack for his income.

2021: He starts watching cringey YouTube videos about shitcoin trading. Gets into a private telegram, trades his 2 bitcoin into 4 and then gets rug pulled and loses everything.

2021: He’s near suicidal, very dark times. He doesn’t tell me anything because he knows I warned him about trading and thinks I’ll be disappointed in him. Finally he tells me. I help him get a personal loan so he can take advantage of the remainder of the bull run. He sells at 55k and manages to break even. He’s not up but he’s got his house money back.

2023: We’re out drinking with some other friends from high school. He expresses some jealousy towards me in a semi awkward fashion. “Every time I see this dude (me) I think about bitcoin.”

2024: I meet up with him so the kids can play at the park. Vibe is off. Lots of insecurity and tension. They’re going on a trip to San Diego and I ask if they might go to the zoo while there. “I can’t afford that. That’s for rich people like you”. Odd interaction, but I shake it off.

2024: A few weeks later he gets drunk and hits on my wife via text messages. She shows me immediately and I confront him. He’s like “sorry bro I was drunk I didn’t mean it”. I tell him off and make clear this is the last time we will ever speak.

No good deed goes unpunished. I could not have been nicer to this dude and more helpful along the way and he is fully consumed by envy towards me.

Unfortunate.

i feel this man. orange pilling as a concept is pretty cringe/ineffective imo.

some close friends I worked hard to help with this stuff years ago also blew it similarly many times over or laughed me off, and always crawl out of the woodwork when the price pumps or weirdly approach my family.

strategy now is to basically never talk about it irl unless someone close asks for help in good faith and with genuine curiosity. bar to get in irl inner circle only grows with the risks… had 6 figures stolen from me by who I thought was my best friend this past cycle.

finding the tradeoffs for relative success a bit weird. but as an introverted person I think btc helped me focus on bettering myself on this solo expedition. in the end people need to edify themselves

Children will soon use #Bitcoin as their daily preferred currency.

What digital native would choose:

- trusted 3rd party custody

- overdraft fees

- permissioned spending & withdrawals

- pervasive monetary debasement

- deposits as unsecured loans with socialized risk

- 3-5 days for final settlement (arguably never)

- hours of operation limited to work day

- transaction censorship

- predatory taxation

- jurisdictional limitations

- kyc & surveillance "safety measures"

- war dollars backed by coercion https://v.nostr.build/dwkPD.mp4

これは 大きいねこです^_^

i contributed next to nothing to btc. yet btc gave me everything. wildly asymmetric value prop. but in aggregate it’s a symbiotic relationship

idk why duolingo doesn’t do coding, easiest acquisition opp ever

my highschool didn’t even touch economics. hindsight it was good because I didn’t need to overwrite misinformation when I found btc

friday night open mat bb

can’t wait