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Andy Flattery
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Replying to Avatar HODL

Since almost everyone is stupid about compounding even me.

Here’s the math.

Using nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m's base case (13MM a coin by 2045) as the example…

Saving $20 a week = $1,200,000 in 2045

Saving $50 a week = $3,000,000 in 2045

Saving $100 a week = $6,000,000 in 2045

Saving $500 a week = $30,000,000 in 2045

Saving $1,000 a week = $60,000,000 in 2045

Now let’s get properly bullish and use Saylors bull case 🐂 of $49 million per coin by 2045.

Saving $20 a week = $3,600,000 in 2045

Saving $50 a week = $9,000,000 in 2045

Saving $100 a week = $18,200,000 in 2045

Saving $500 a week = $90,000,000 in 2045

Saving $1,000 a week = $181,500,000 in 2045

If you save $20-$50 a week over the next 21 years you will end up with somewhere between 1.2 and 9 million dollars.

I mean bro for Americans that’s like me asking you not to go out to lunch once or twice a week.

That’s nothing.

I’ve heard this thrown around but haven’t looked into it. Can you tell me where he lays this all out?

Global trade goes back to at least the Phoenicians. As a boy, Jesus made an apocryphal journey to England to trade with Joseph of Arimithea. This is different from globalization. Importing immigrant labor or outsourcing all production purely for efficiency, cost reduction, “gdp go up,” is not necessarily innovative. It seems to me you can be pro global trade but anti globalization.

The remaining book readers are bitcoin maximalists nostr:note1aeaw07wsppt6qyeqkprxuwgmgwhu6ecyq4jr5as895mdnq5p0h5s283vjj

The Church and the Market by Tom Woods

I don’t know. If this is truly a moral issue, call out large accounts by name and not random plebs that have no reach at all. They are trying to do what Odell already did (and now has the luxury to take his audience to another platform). Beyond that, don’t we want bitcoiners to have influence in the public square? nostr:note1wvqrgfk6h3y53rlfqvzqz3tjg6lpyhd7u0pfq7e5glnu594c5y0sh96p0f

You heard right. The Reformed Financial Advisor Podcast? It's gone. Dead and buried. From now on, it's Gentleman Speculator. Cleaner. Sharp as a stiletto heel. Like Alain Delon's tailored slacks.

NEW POD - Inspired by William Lamport, Bruce Wayne, Raymond Chandler, Holmes, Thiel, Neal Stephenson, Bill Miller, (and a lot more).

https://www.gentlemanspeculator.com/p/the-real-zorro-noblesse-oblige-gentleman

Friends - I am sharing with you a new piece - On the Gentleman Speculator. He is a hero for guys stuck in fake jobs, liberal arts majors with no job at all, nihilistic investors turning off their brains, and gamers trading digital blips on a screen.

Feel free to read and subscribe to my new su***ack - Gentleman Speculator.

Large tree removal post-Mortem.

Bids:

- Reputable, very professional, large local company - $7k

- Highly regarded amongst neighbors Mexican crew - $3k

- Mom and pop white guy - never made it out to give a bid

I went with the Mexican crew. They did the work in a few hours. They were extremely eager for work and comically unprofessional on a few things. What are you gonna do, I’d hire them again.

Finally submitting to American imperialism?

Peter Thiel is correct on the fall from grace of what he calls the "left wing philanthropy world."

Joe Rogan: What about these left-wing philanthropy ventures do you think is uniquely corrupt?

Peter Thiel: ..maybe it's just my hermeneutic of suspicion, but there's something about the virtue signaling and what does it mean. And I always think this is sort of a America versus Europe difference, where in America we're told that philanthropy is something a good person does.

And you know, if you're a Rockefeller or you start giving away all your money, this is just what a good person does and it shows how good you are. And then I think sort of the European intuition on it is something like, you know, wow, that's only something a very evil person does. And if you start giving away all your money in Europe, it's like, Joe, you must have murdered somebody or you must be covering up for something.

So there are these two very different intuitions and I think the European one is more correct than the American one. And probably there's some history where, you know, the sort of left-wing philanthropy peaked in 2007, 2010, 2012, and there's these subtle ways, you know, we've become, you know, more European in our sensibilities as a society. And so it has this very different valence from what it did 12 or 14 years ago.

New Nigerian Prince bitcoin scam just dropped

Honest question - why is this good? Why would donations to open source avoid the problems that donations in any other context deal with?

I know it’s de facto daycare, but more kids going to summer school now seems like a depressing phenomenon

The Family Book.

I've been interested in the old tradition of family books that were passed down through generations in Europe and elsewhere. These heirlooms inculcate members of the family on who they are, their principles, customs, the story of how the family has risen up.

From my understanding, the father would command the eldest son to continue maintaining the book and to pass the practice on to his own eldest son.

The main elements were -

1) stories and examples of family identity

2) counsel and exhortations for the children

3) a book of accounting, such as financial ledgers, baptisms, births, maps of lands, property ownership histories, and more.

These sometimes spanned centuries!

I wrote something on finding an edge, individuals vs. institutions, and how the pros still don't understand #bitcoin.

The Pros Not Understanding Bitcoin Is a Good Thing for Us

h/t nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy

https://www.simplewealthkc.com/post/the-pros-not-understanding-bitcoin-is-a-good-thing-for-us

Just published my chat with Devin Rose - Catholic author, blogger, and software engineer. We hit on writing books, moral investing, Bitcoin vs. Ethereum, and more.

Devin is full of practical wisdom on faith, money, and living purposely.

On The Reformed Financial Advisor podcast.

Enjoy!