A blast from the past, because Bitcoin is such a beast what was said in its past is as profound as what is said today or tomorrow. Pre-dating Block 1.

Today's Bitcoin Topic: FRICTION

This is one of my top Podcasts where Saylor sat down with Saif. This is actually still 'controversial' and it deals with Bitcoin the Currency versus Bitcoin the Property (Store of Value.) Bottom line, Saylor simply states there is room, room for CBDCs or other countries to have Digital Currencies. BUT you don't have to adopt them and it won't impact Bitcoin the Digital Property. There is just so much more 'friction' in the former rather than the latter.

https://bitcoinapolis.blogspot.com/2022/12/bitcoin-bitcoin-as-digital-property-is.html

https://void.cat/d/KF48kFUkKdAy5gFJxieiU9.webp

https://void.cat/d/XjvXXNDrWStpvcGJzs5d8X.webp

Jack and Michael are not waiting for others to catch up to the Bitcoin hook in their companies .

https://decrypt.co/151161/block-announces-increase-in-profit-year-over-year-in-q223-earnings

When it comes to speaking about Bitcoin, there is no second best.

https://youtu.be/0EWDw93N94g

One of my favorite Japanese sayings/things. Finding beauty in the imperfection.

I am not sure how long this will stay up and running but here is a downloadable copy of that book with the Antlers on it that is supposedly banned? (@`CARLA`and nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u because you know the value of searching for the best parts for your amazing content. ) https://drive.proton.me/urls/12Y1SW9ERR#OnNky8sz5IfN

So Jason did most of his 'research' on Bitcoin Twitter? https://aul.primo.exlibrisgroup.com/discovery/delivery/01AUL_INST:AUL/1297573990006836

Incredible, the guy is way worse than the fictional "Better Call, Saul Goodman." Anyone who trusted HEX/Richard Shart deserve what they get and don't get. It's not at all good, man. Bitcoin is though. No Cult of Personality. No ICO. No Pre-mine. No watch wearing, car driving, costumed MOFOs. All Math and the numbers all add up and are verified and re-verified by 10s of thousands of strangers with computers. Bitcoin was built to Trust no one, especially someone like this buffoon.

What the HELL is going on with our world? How can we even discuss 'fixing the world money' when everyone seems bonkers? Aliens, eating/not eating something, any death associated with the jab, conspiracy theories...

If that isn't enough, then here you go and this doesn't even start with 'Florida man...':

In China:

"Chinese zoo denies its sun bears are people in costume"

https://www.cnn.com/2023/08/01/china/sun-bear-claims-china-hangzhou-zoo-intl-hnk/index.html

In Japan:

Japanese Man Drops $14,000 for Custom-Made Collie Dog Costume

The unidentified individual says he's now fulfilled his dream of "becoming an animal."

https://www.complex.com/life/a/brad-callas/japanese-man-drops-14000-for-custom-made-collie-dog-costume

So happy to hear that, some day New Glarus Beers on me. I totally appreciate you guys. For some reason I thought Carla may have been behind the voice thing. Imagine Saylor doing a breathy radio voice thing talking Bitcoin. Sure, he sometimes sounds like a whiny bitch but who doesn't love that guy or you? I am looking forward to listening to all your podcasts. Great content as always. (You two have set the bar really high.)

Hey, I followed you, I know you can't please everyone but your 'velvety butter smooth' voice isn't appealing talking Bitcoin but perhaps if you were reading a Bitcoin Harlequin Romance novel with a fan blowing your hair as your shirt unbuttons showing your chest? (I really hope you have a sense of humor, your regular voice is great, if I didn't know it, it wouldn't matter. PS - Make sure to have Carla on about 6 Million times too.)

The SEC actually understands Bitcoin and Coinbase better than the CEO of Coinbase. Maybe Fink's BlackRock does have a better chance of approval. I'd like Joe Carlasare's opinion. https://www.ft.com/content/1f873dd5-df8f-4cfc-bb21-ef83ed11fb4d

Exactly, any idea on what is 'doctoral' degree actually is in too? Further, that rant on my previous CFO and the JV? Yeah, that was actually making him better, it was intramural. Seriously, these people make millions and millions.

p.s. I am a big fan of your amazing work, you helped answer some (in hindsight) very basic questions on Bitcoin Core. Your writing, and subsequent reading by Guy Swan of your analysis on Bitcoin Maximalism is/was so good.

The thing that really irks me about Craig is look what he says aside from being the inventor of Bitcoin (never mind he repeatedly can't answer basic questions about C++ or the actual code 'he' used to write all of the genius Bitcoin Core), he says he is a 'pastor' and a 'scientist' and then he explains how he got all his schooling from (in America) the equivalent of Community College. No knock against community college but it reminds me of a former dbag CFO (total poser ass kisser) I worked with at Allianz North America who claimed he played soccer at Notre Dame. Huge framed certificate in his Csuite office. Look closer? JV....freakin' JV. Craig is such a fraud too.

It is troubling in our society how people with an Internet connection can become experts on any and every topic. Smarter than the medical doctors and cancer researchers. Experts on war one day and running a business the next. I tell people frequently I am a hack. I am not an expert in economics or Bitcoin. I have spent 1000s of hours in recent years studying but I would never say expert. Even after spending decades working with specific software I never said I was an expert in it because I learned something every day. Coding was the only way I could cope inside Corporate America.

It can be lethal to be so smug and arrogant to think by 'watching some YouTube videos or listening to podcasts' you can be an expert in a topic. Just like I can't play violin by watching videos without 10,000 hours of mastering some craft or be a surgeon doing an appendectomy from a .pdf I saw online with the step-by-step instructions.

This is a sad story to me. I feel bad for the young boy, his parents made a terrible choice and they are all dead. Ignorance kills. Be humble. Stack Sats. Be like Satoshi. Perhaps plan for the day you walk away if you are not helping. https://www.yahoo.com/entertainment/family-died-trying-live-off-212304060.html

Compare Micheal Saylor to Elon Musk. Not all Billionaires are the same and the guy with the most money isn't the winner. I really hope Saylor dethrones Musk for the richest man alive because not only for his stance on Bitcoin but his legacy. What has Musk ever said or done that is as noble as Saylor. Start here and compare:

Michael Saylor’s 10 pieces of advice for young people

1. Focus your energy

2. Guard your time

3. Train your mind

4. Train your body

5. Think for yourself

6. Curate your friends

7. Curate your environment

8. Keep your promises

9. Stay cheerful and constructive

10. Upgrade the world

Now compare this list to Elon Musk:

1. Focus your energy : F

2. Guard your time: F-

3. Train your mind: D-

4. Train your body: F

5. Think for yourself: D

6. Curate your friends: F

7. Curate your environment: F

8. Keep your promises: F

9. Stay cheerful and constructive: F-

10. Upgrade the world: F

Elon reminds me of this website:

http://www.iambetterthanyourkids.com/?u=about

First zap on Primal and I can't do more than 42? I will get you back another way.

You are such a GEM to like a little old dog like me. I like our pontoon boat too, living the life. So happy for Walker and you. (Zapping you back)

I am spending more time over on NOSTR and I can see how much better it is, this is my first post on Primal. My notes:

- https://primal.net has a cool vibe to it

- https://coracle.social/ has the best reading experience with notes with threads

- https://nostrgram.co/ is good for those who don't like to read and like pictures and memes

Other:

I just posted how I like to use Alby with the NIP-07 logins and Chrome but I am already switching to saying to use nos2x and then hook in Alby.

I want to move my Blog over to Habla, well because NOSTR not Google.

I have heard this before but never put it together in this scenario. Perfect, thank you kindly. Makes sense. Is Gary Gensler going to be doing the same thing? Got burned by being in bed with FTX, will be the spoiler on the BTC Spot ETFs?

All,

This is a personal level post for me on NOSTR. I am motivated to post this based on just listening to my favorite podcast this year, it helps the Bitcoin SPOT ETF development is my favorite subject so far in 2023. This post dedicated to Joe Carlasare's efforts and expert communication skills.

In this post, I am using a fake scenario that I report to Gary Gensler at the SEC.

The incredible Stephan Livera podcast that went live yesterday.

SLP495 JOE CARLASARE – BITCOIN ETF? LAWSUITS AND BITCOIN

https://stephanlivera.com/episode/495/

People crave to belong, it is hard to go against the mantra, the mainstream, the status quo, it is uncomfortable outside personal comfort zones. This is especially true in the Bitcoin Maxi inner circle.

I love to write on Bitcoin. It used to only be about cancer, I am successful on the latter as I am a National Level Patient Advocate. I am a hack with Bitcoin/Economics. I haven’t earned my badge, it may take years. I love how with Bitcoin, this is anonymous, not to hide but Bitcoin is the coolest thing that is way bigger and transcends all of us, including anonymous Satoshi.

In the past, like with cancer, I have carefully put together posts, using transcripts/PubMed/Journals or typing verbatim what I was hearing. It isn’t easy.

I haven’t connected with Bitcoiners online, or offline, and maybe never will. In my large circle, my 75 year old cabin neighbor friend from Wisconsin is the only one as I explained to Matt McCall/Stansberry Research https://twitter.com/Bitcoinapolis55/status/1679832175384883201

For today, thanks to inspiration from Lyn Alden in being my true self, here I am. Keep in mind, decades in Corporate America, challenging my bosses, promoted only twice, no traction. Similar time in the volunteer cancer arena, same approach. Traction. Bitcoin world? No clue and validation is not needed and it is not my motivation.

Scenario for this post:

I (BR) work at the SEC, Gary Gensler is my boss. It’s time for our weekly, dreaded on both sides, 1on1.

BR: “Hey Boss, super excited to talk to you today.”

Gary: (not looking up, acting busy, writing down something.) “Have a seat, BR. As you know, I have an ‘open door’ policy and this is your time to talk to me about anything you want, concerns, what is going right etc.”

BR: I have heard that a bunch of times, not sure it is sincere? I want to talk to you about Bitcoin and the BlackRock ETF. But I want to do this ‘off the record, gloves off, human to human.’”

(Gary finally looks up in dismay, adjusts his glasses, sighs. I am his least favorite employee.)

Gary: “Off the record, like every one of our 1on1s? You are a piece of work. Okay, we have 23 minutes as I have to circle back and dialogue and get to done. ”

BR: “What are you thinking about BlackRock and the Spot ETF? But first, may I tell you how I am thinking? I always look at people’s motivation. What is yours? Are you looking to be the next Janet Yellen and are managing up to your bosses only? Or is it about your legacy? You know, you are a smart guy, you know Bitcoin is great, you literally taught a course on it at MIT? However, you were right in line with MIT wonder boy SBF? To me, do you have to go to weekly sessions to keep getting the crusted on egg on your face scraped off as you carry around that gallon water bottle to keep washing down the feathers of the crow you can’t stop eating?

Gary: “Stop the personal attacks…but that is impossible for you…”

BR: “Noted but tell me the truth. This is my time. What is going on with the ARK.BlackRock SPOT ETFs? The SEC is currently in court over Grayscale’s future Bitcoin ETF you rejected. What makes these SPOT ETFs any different? You already pushed back on the original applications saying they needed a ‘surveillance sharing partner’ and some came back with Coinbase. You hate Coinbase and there are SEC lawsuits/allegations against them..emotions still high after FTX? Further, most liquidity of Bitcoin is outside the United States. How could you approve a Bitcoin Spot ETF if you think Bitcoin sucks and the enlisted actors are bad apples as you have yet to officially deem Bitcoin a commodity or a security based on your old school Howey Test?”

Gary: “You are out of line…”

BR: “You are sideways on the line, blocking progress, refusing to take a stand. Look, I have worked in jobs where ‘time solves all problems’ wait long enough and the problem dies, or wait long enough and bosses like you move on, inaction can be a wonderful thing for the incompetent. Let’s say you did approve the ARK/BlackRock spot BTC ETFs? (you have to approve them all.) Is that more work for your team with ‘limited resources’ and more headaches?”

Gary: “Are you willing to put in overtime and work weekends?”

BR: “No, I spent decades doing that but never was rewarded. Are you willing to explain this? You know Bitcoin is the ultimate square peg in the round hole and people are saying, BlackRock has an 575-1 approval record when filing with the SEC. You, however, know Bitcoin is different, it has very little adoption, about 1%. Is it easier to piss off the 1% and appease the 99% or is best to do what is right? What’s it going to be boss? Is this where you say you are ‘transparent?’”

Gary: “We are done here…if you weren’t such a great coder we would have fired you long ago.”

BR: “Thanks a lot Boss even though I have 13 minutes left (big shit ass grin, finger guns pointing at him) be sure to read this one page from Saifedean’s ‘The Bitcoin Standard’ and I will ask if you understand it to your core like I do. See you next week unless you reward me for my bad behavior and cancel my 1on1s which is my motivation. There it is.”

=====

I truly hope ARK/Cathie Wood have their Bitcoin SPOT ETF approved first and I know:

“Honeybadger(/Bitcoin) don’t care”

“Number go up”

Bitcoin Fortune Cookie sayings are plentiful and these elicit the most claps in the audience.