after ~7 weeks of traveling (since just before Nostriga) I'm back at my desk today.

Feels good to be back to full-on productivity mode! 😀

Crazy that an auto loan is anywhere from 1/3 to 1/4 the interest rate of a personal loan.

I could get a 5.5% auto loan to buy my fiance's car from her, have her give me that cash after the sale, buy #Bitcoin with it, then sell just enough btc to cover the monthly note each month for the next 5 years.

If you think #Bitcoin will appreciate atleast 5.5% annually over the next 5 years, then its a winner.

your wife? 😁

Pensions and europe

The pension systems in Europe are a pyramid scheme and I will prove it to you.

For the pension system to be sustainable it needs at least the average number of children per couple to be higher than 2. This means that most couples must have 3 children, which means that the population has to be constantly growing.

This meets the requirements of a pyramid scheme, Madoff would be proud.

When the equation breaks down, i.e. when not enough new members enter the system, the scam collapses. In the case of Europe the average number of children per couple is barely 1.5 which means that the population is decreasing, this generates a huge deficit in the pension system to the point of making it unsustainable.

In most European countries you are not paying your pension, you are paying the pension of current retirees, another characteristic of pyramid schemes.

In conclusion, before 2040 most of the European pension systems will fail, you will not receive a pension or your pension will not even be enough to buy bread.

But luckily I have a solution, save in Bitcoin.

I thought that was going to say, per lesson. For a month, that's great, and as you say, it's an important life skill👍🏻.

Hard to imagine boomer world (pensions, retirement accounts, bank holidays, social security, perpetual real estate appreciation, fiat inflation) continuing for very long once Boomers are gone.

Most people don’t have any serious mental health issues.

Just ordinary misery.

A little depression and a little anxiety are normal.

That’s part of an ordinary life. Not something that needs to be medicated.

Not something that requires years of therapy.

Just the normal course of events.

And can be remedied quite easily with exercise, nutrition, social relationships, sunlight and a feeling of purpose.

Trump isn’t going to save America or #Bitcoin

If Bitcoin is embraced by the state, is it still Bitcoin?

Ahahah no! 🤣

Bollocks.

Flight cancelled.

Somedays I wish I ran a podcast from my kitchen 🤣

I'm replying to you through Amethyst as well! I think this is your wallet. Try Alby Go or Wallet of Satoshi.

It seems like your wallet isn't set up properly. Please check the configuration.

You say GM, I zap. Simple.