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WyattBFin
d4b4106c302f8d6b0b5da962e60e816e2dcdbf1e932a9635bd88616bee9a7c30
Observe. Question. Hypothesize. Experiment. Analyze. Conclude. Repeat.

nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m Any further development underway regarding improvement to the beneficiary problem of self-custody with Bitkey? Adding a beneficiary’s fingerprint may be suitable for some, but there are many scenarios where that might not be practical.

https://support.bitkey.world/hc/en-us/articles/27316808638740-How-would-my-loved-ones-access-my-Bitkey-in-the-event-that-I-were-to-die

Replying to Avatar KeenanRIVALS

Finished up nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx podcast with nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m

Honestly one of the realest conversations I’ve heard about Bitcoin… ever.

No maxi vibes, just nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m trying to push the original vision of Bitcoin. Digital cash!

Is that what everyone wants?

Do we want Bitcoin to be digital cash?

https://fountain.fm/clip/haE8mYFKfoipeEk2qMB9

Should the question be is this what you, the individual reading this, wants?

Meaning, for one it may simply be a transactional focused tool. For another it may be a long term savings focused tool (few transactions). For yet another it could be an educational path to understanding the financial system and to be better prepared when making their own decision about how to spend or store their energy and time.

Outside of the financial world, it can lead to a better understanding of energetics or psychology.

The list could continue. And all could be reasonable answers.

“Writing a description for this thing for general audiences is bloody hard. There's nothing to relate it to.” - S.N. July 5, 2010

Focus on quality first, in all things. Use input from contrarians and those worth cloning alike as you look at yourself.

TIP 687: The Art of Thoughtful Wealth Creation is a valuable episode from the team at We Study Billionaires (The Investor’s Podcast Network) with Kyle Grieve and William Green. Also worth going back to RWH052, and the episodes from which it is built.

Links below. Send appreciation to the team please, nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z

https://youtu.be/4XBCuy5tOdE

https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489?i=1000681986657

#podcast #investing

Working on a household expense review in which groceries and recurring monthly expenses (e.g. internet and utilities) are priced in sats and charted over time. The objective is to monitor the household’s purchasing power in sats while monitoring fluctuations in the specific expense categories.

The groceries expense is represented by twenty-six items typically purchased weekly for our household. More or less items can be purchased in any single week, but the goal is to represent the average purchase. Additionally, these items will be priced at the same grocery store and representative of the local market, not a regional or country average.

One would predict the expenses that do not change month-to-month get cheaper when priced in sats over time. One could argue that all expenses priced in sats get cheaper over time.

The intrigue lies with those expenses that can fluctuate widely, such as utilities. For example, a middle of the summer month compared to the same month from the prior year. As the household’s power consumption increases to meet comfort demands, and assuming per kwh price in the current year is different than the prior year, how does the price in sats compare to that same month from the prior year. Could one increase demand, while experiencing increased cost per kwh, but spend fewer sats?

Initial charts and explanation will be published soon and will be updated on a weekly and monthly basis alongside analysis.

Curious if others have looked at their spend the same? Specifically those who hold little or zero USD. nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle or others? If so, and the analysis is public, please share any insight.

On the intersection between digital assets, the U.S. dollar, and U.S. treasuries.

https://www.soundwavefinance.com/economy-articles/how-digital-assets-impact-us-treasuries

#finance #economy #economics

RHR #336

— 4.5M addresses with more than 10M sats. (0.05% of global population, assuming one person per address.)

—1M addresses with 1 BTC. (0.018% of global population.)

“Really puts it all in perspective.” nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx

nostr:npub10uthwp4ddc9w5adfuv69m8la4enkwma07fymuetmt93htcww6wgs55xdlq

There may be a time in the future where the likes of Zuckerberg or Musk are championed in the censorship resistance technology movement, whether monetarily related (Bitcoin) or not, particularly due to their legal resources.

What epoch that occurs will define their conviction.

People opt for convenience and “You deal with it for me”. - nostr:npub1wnlu28xrq9gv77dkevck6ws4euej4v568rlvn66gf2c428tdrptqq3n3wr

A league, team, or venue will soon recognize this as a way to support and attract talent while opening up another form of interaction from fans.

Live event updates with zaps as support response to players, musicians, etc. from fans regardless of physical attendance.

https://primal.net/e/note1kt3yulkxgtce33nrwz735ph7khkx2nqammq7nzlhpty4l7nczheq60uh02

Regarding the comment by nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m “Zaps represent the only fundamentally new innovation in social media.”

How long until we see a sports team or league recognize and capitalize on this? Instead of displaying X, or other social media handles, they display and facilitate zaps.

Not a novel idea, as I suspect nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx is already well on his way here, but any team or league could compound the real time support of their players by broadcasting zaps sent to players during the game. Players get in-person support through cheers and worldwide support through zaps, all at the same time with a glance to a scoreboard or in-game statistics display. A fan in Argentina could express support comparable, albeit in another form, to a fan physically in the stadium in Spain. A player then puts weight on the worldwide fan base and facilitation of zaps as a consideration when assessing offers to play for various clubs.

Same goes for venues, particularly ones that utilize livestream platforms. Revenue splits on ticket sales then expand to include revenue from zap enabled shows, thus differentiating and attracting talent.

Is anyone actively working on this? I’d like to research this thought further and understand any development already underway.

"I want to put my money into something that I trust, first and foremost and that has significant utility. And that the utility is broad but also highly connected and works very fluidly." nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m Block (SQ) Q4 2023 Earnings Call

nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle

To drop in the Mailbag:

It’s worth exploring the counter argument to understand what threats lie waiting, so what do you see as the bearish case in 2024?

Number go up, hyper this, super that is great but can become an echo chamber trap. What are the risks to the consumer, business, and industry/community at this point in time?

- Monetary policy

- Technology disruption

- Geopolitical events

Respect Strike investors and employees do not want to hear bearish conversations, but transparency and a customer centric mentality is at the heart of successful companies and what you project. A deep dive into the threats you, and other leaders in the space, see at this point in time and how can the community can either prepare or help combat (through action, votes, voice, etc.) would be worthwhile.