Agreed, plus the impacts on Bedford. The conversation with nostr:nprofile1qqswmnfq2k830kvnylvyrezc97dsqce343qppqrwlgpqaux5qpuwdksprdmhxue69uhkummnw3ez6v3w0fjkyetyv4jjucmvda6kgqgcwaehxw309aex2mrp0yh8xmn0wf6zuum0vd5kzmqdhfa6l was brilliant and ventures down that path. It is worth listening to and linked below.

For me, it sowed the seeds of a desire to dive deeper into the impacts (direct or indirect) felt by the average Bedford civilian over time alongside an analysis of what is and is not working based on Peter’s approach to the problems for which he is trying to solve. The latter can be subjective to the individual defining each - what works and what does not - but also objective based on economic metrics.

What could others learn from his path in Bedford and take to their own town?

It will be interesting to follow and see how various stakeholders answer that question.

nostr:nprofile1qqs2auxkkgfgylem580xrztp8ek5sf83s86k0vfq2feuz6y4lkhskgcpypmhxue69uhhyetvv9ujuargv4hhyctwvajhq6tvd3shqupwvdhk6qg5waehxw309aex2mrp0yhxgctdw4eju6t09knm7x

https://www.projectbedford.com/

https://coinstories.libsyn.com/peter-mccormack-changing-bitcoin-bull-markets-role-of-government-and-victory-over-craig-wright

Note to self to revisit these story lines.

https://www.wsj.com/finance/currencies/crypto-treasury-e7ae573c

nostr:nprofile1qqsywt6ypu57lxtwj2scdwxnyrl3sry9typcstje65x7rw9a2e5nq8sprdmhxue69uhhyetvv9ujucnfw33k76twwpshy6ewvdhk6qglwaehxw309a3xjarrda5kumtp0p5k6ctvd9ehguewdahxc6twv5ag0zn0 has there been any thought to a version of Opportunity Cost that converts prices to hours of work?

I’m unsure on programming feasibility, but am envisioning the individual inputting their hourly rate which all conversions would be based on. As a result, they see how many hours they would have to work to pay for the item they are viewing, providing a pricing perspective unique to the individual.

Would be interested in seeing this for the latest run up to ATH, if it exists.

“Stop delegating your health, your finances, your job, your education, to what everyone else is thinking and telling you to do. It's beyond me that common sense and first principles are totally lost on the majority of the population. And so I'm going to share some things that are important by going all in on Bitcoin, but I consider them logical.

Like, for one, do not exceed your means. If you live a lifestyle that is reliant on Bitcoin being a specific price, that's a problem. I would say, do not spend more than you make.

Be humble, stack sats means don't force Bitcoin to afford your lifestyle. Your work and value you provide to the world should afford your lifestyle. Do not confuse and conflate the two.

Bitcoin's price appreciation is not your proof of work. Obviously, you can, you know, at a later date, when you're comfortable, sell some Bitcoin, buy a house or something. But do not mistake in a bull run as the value you provided to the world.

It can correct. And so live within your means.” - Jack Mallers

The Jack Mallers Show: The Empire Needs Bitcoin: Trump Just Admitted It

nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3samnwvaz7tmjv4kxz7fwwdhx7un59eek7cmfv9kqfa3z5x

https://podcasts.apple.com/us/podcast/the-jack-mallers-show/id1695949365?i=1000715215030

Regardless of the sentiment’s accuracy, the two most important words here are the two most likely to be overlooked. The mind will naturally wander along the optimistic route looking for confirmation from those with clout while ignoring the risks along the way.

Leverage, for institutional and retail investors, should be understood before deployed. Particularly for the latter, as it will become incredibly easy to ignore the severity of not doing so as numbers rise and blinders become cemented.

Those will be the ones returning to this post wondering how they forgot to stay humble.

Agreed. I’ve listened to a lot of podcasts with Preston, but this one stands out as a showcase for how to conduct an interview and weave together a conversation.

Found myself asking questions that nostr:nprofile1qqsg2zqd8wkhpnxu6lm5c2dyfa2mhpwte57apjae2ldp6g2mmwf3ypqpr9mhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9uq3samnwvaz7tmwdaehgu3wvekhgtnhd9azucnf0ghsumascn later asked, stopping to take notes countless times, and thinking how powerful this conversation was for anyone to listen to regardless of what bias or knowledge they may have (or think they have).

Worth listening to and sharing.

Also, I’m willing to discuss with anyone and share notes.

BTC239

nostr:nprofile1qqs9a486n5w72dsn72tyentdrj08ppqk2yyq707qdmlm347lkl6jmpgpzpmhxue69uhkummnw3ezuamfdejsz9nhwden5te0dehhxarj9ehkuumpw3ejummjvuaztcdl

https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489?i=1000713331604

Appreciate the honest and transparent take on the inconvenience and opportunity cost of departing from the social media herd.

A non-judgmental, mature conversation with respect to each perspective. We need more of this.

Well done.

PSG’s announcement of a Bitcoin treasury reiterates the belief that sports would be an excellent vehicle to get Nostr and zaps into the mainstream. Leagues, teams, individual athletes, and even venues can interact with fans as they show support to each other through zaps.

Athletes climbing the ranks could accumulate sats as teams broadcast their in-game stats and fans respond with more than “likes”.

Fans showing the greatest support could get individual feedback from teams or athletes in the form of zaps.

You tip everyone from your Uber driver to your barista, why not the athletes you watch via zaps?

Olympics could be the catalyst.

https://primal.net/e/nevent1qqst9cjw0mry9uvcce3hp0g6qmlttmr9fswaas0f30ms4j2llfuptusy27sty

Do you ever feel like you can do anything you want?

You should.

“…when you move a pawn forward, pawns can't go backwards, so never in that pawn's life will it be able to influence the squares it once was, because the squares it was influencing before are behind it forever. Now, conversely, when you move a pawn forward, it's now influencing squares that it's never been able to influence before. And so chess is this very interesting idea that, you know, a bad or good move is only with context.” - nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle

“And it changed the way we think about science. It didn't change truths and principles that were there before, but it did challenge some of those truths. And I kind of came away from that class going, that is the way I want to think for the rest of my life.

Like I don't want to be stuck in the conventional thinking.”

As an offline password manager, the nostr:nprofile1qqszuwesacyzt8wda6c7rdshl6gv3e7kxf35nld77z7arfeyndweftcpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qyg8wumn8ghj7mn0wd68ytnddakj70zh7k7 Q stands out but I question the viability of carrying it around for daily use.

Anyone have experience or alternatives?

The idea of a purely offline option with a seed phrase backup is intriguing. The world converging towards verification would suggest demand growth for such a secure product, if it doesn’t already exist beyond the token devices that have been in existence for many years.

Would not want to confound the use cases of a nostr:nprofile1qqs9mvjd9uym8ey4w5vevlrxqfesm666cm6su27svcwqfvj8ztvhlgspp4mhxue69uhkummn9ekx7mqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqz3e96 or TAPSIGNER, but maybe it becomes a feature?

https://www.theinvestorspodcast.com/richer-wiser-happier/the-inner-scorecard-w-pico-iyer/

Thanks, I’ll be sharing the initial analysis soon (I wanted enough data points to have a meaningful sample size).

Pulling the data every Sunday, I’m currently at 11 weeks of grocery prices in dollars converted to sats with the range being 32,769. The highest date priced in sats being March 9th, followed by March 2nd then December 29th. Average of 156,842.

For context, in dollar terms, the range is $5.07 with the highest being December 29th followed by January 19th then January 26th. Average $149.80.

Utilities and other monthly bills will take longer to develop, but I’ll share alongside the initial publish forward.

More to come.

Acquired:

- LVMH

- Hermès

- Starbucks (with Howard Schultz)

In addition to Costco, which as discussed is a very worthwhile listen.

Narrowing the technical gap one innovation at a time. Well done by the Bitkey team.

The entire Block team, and their trajectory, is worth keeping an eye on. Particularly on the understanding of the market, end user needs and desires, and the strategic approach to solving problems to make systems meet users where they are while having configurations accessible. Exciting and encouraging.

“And this year is going to be one of, I think, like unexpected upside in this business and one that we significantly changed the market dynamics because of just how well our system works and how configurable it is. So, within this space, yes, I do think it's a massive opportunity and one that's well, well, well overdue.” - nostr:nprofile1qqsgydql3q4ka27d9wnlrmus4tvkrnc8ftc4h8h5fgyln54gl0a7dgspxdmhxue69uhkuamr9ec8y6tdv9kzumn9wshkz7tkdfkx26tvd4urqctvxa4ryur3wsergut9vsch5dmp8pesz9nhwden5te0wfjkccte9ehx7uewwdhkx6tpdswfvru5 on XYZ Q4 2024

It has arrived. Great to see.

There we go! I missed that in looking for the solution, thanks for sharing. Great news.