GM🫖🍵

Finally managed to orange-pill my brother-in-law this weekend while we were staying over for my son’s football tournament.

I’ve been dropping hints to him about Bitcoin for a couple of years—small nudges, sharing an article here and there. He’s always been interested in stocks and economics, listens to podcasts, but I could never quite get him to fully consider Bitcoin.

I recently sent him Seetee’s Letter to Shareholders and the Bitcoin Whitepaper. The shareholder letter actually sparked his interest. Later, as he helped me cut down seven trees this fall, we talked a lot about Bitcoin, and I could tell his curiosity was growing.

I also sent him a podcast episode on Austrian economics from @Andreas Harding, featuring Ole Emil Augland and Hjalmar Hauge, and that really caught his attention.

But then, he sent me a few podcast recommendations on gold and silver, mentioning he was considering buying shares in MicroStrategy or investing in gold and silver.

That’s when I decided to go all in. I explained that, yes, MicroStrategy does have exposure to Bitcoin’s price with leverage—and all the tricks that come with fiat. He responded, “You Are right, you never know what the company might decide to do in the future.”

Then I showed him the @fountain_app, where you can support with sats by “boosting.” I used @RabbitHoleRecap and the split between @ODELL and @MartyBent as examples. That’s when things clicked for him—the idea that you can send just 10 sats per minute ($0.007), something impossible with fiat because of transaction costs.

Since he works in imports, he understood this right away. I went on to explain that traditional economics often misses the fundamentals, saying things like, “There’s no revenue in Bitcoin, so the value must be zero.” But if the entire world used Bitcoin, global GDP could grow by 2-3% purely from transaction cost savings. He even pointed out that we wouldn’t need every company or customer on board—a small percentage adopting Bitcoin could be enough to push fiat to become cheaper and more efficient. But fiat just can’t compete with that. So then…

He’s still eager to read, listen, and learn a bit more before committing larger amounts, but I just got a screenshot: he’s bought his first sats through Bare Bitcoin and is setting up a small DCA plan with each paycheck.

The perfect start to a Sunday.

Only way this day could get better is with good results at my son’s football tournament and a Tottenham victory over Palace this afternoon! 😁