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Cafe Satoshi
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Just a guy hoping to live in a world made better by #Bitcoin

The orange pulling continues with a #BitcoinBookDrop of 21 Lessons by nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc in a Little Free Library on Capitol Hill and another near Logan Circle, DC.

#StudyBitcoin

I’ve dropped Bitcoin books all over the city and even taken books with me to drop when I travel. I’ve thought about the possibility of someone anti-bitcoin tossing a book but I like to think most people aren’t that crappy! @Highsselhoff had a good idea of slipping a handwritten note into the books too.. so I could write something to appeal to any super skeptics who might pick up a book. Thanks for the sats Mark! I’m saving them up to buy more books :)

Replying to Avatar Lyn Alden

Unless someone is setting out to be a professional author (very hard), nobody should write a book to make money.

When I set out to write Broken Money, it was because I *had* to, not because I wanted to. Spending a thousand hours on something that I get a profit of $5/copy for is not my best use of time.

Any time I spent on my research business revenue generation content, or leaning harder into my venture capital partnerships, would have been better on an hourly ROI basis. I have to sell 40 books to equal each newsletter subscription on my website; clearly the latter is better financially.

Almost regardless of how many copies I sell, it's a bad ROI for me. I'm overworked and the fact that I wrote a book while maintaining my existing business stressed my relationship and social life. And further, I am reinvesting most of my initial profits; the first 1,000 copy profits go to the Human Rights Foundation Bitcoin Development Fund, and the next 4,000 copy profits will go towards making a video about money and why it's broken.

And all of it was worth it. When a creator has something in their head, it's painful until they get it out into the world. I wrote this for bad ROI but because I wanted it to be out there for people to read, period.

Will I make a profit? Yes. But at a much lower hourly rate than I make on other work I do. It's a negative profit compared to having reinvested that thousand hours into my other existing work. But I consider it to be more important, which is why I spent the time.

I wrote Broken Money because I had to. The book concept formed in my head after many years of writing and research regarding money, and it would have been increasingly distracting to *not* write it. I didn't realistically have a choice. I felt compelled to write it. Part of it was altruistic; I wanted people to learn from my total monetary framework thoughts over five years of research. Part of it was egotistical; I wanted to timestamp something in the world, in physical form, and put it out there. Maybe it's the low time preference part of me; I'd like something of me to be mentionable to people in the distant future who look back at this time.

My background has been a blend of engineering and finance, with both ironically pointed toward bitcoin.

I don't care where you buy it from, and you can pirate it if you want, but it benefits bitcoin and nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak if you buy it from his website. Circular economy rather than big fiat business. We've introduced a special edition hardcover with a cloth cover and dust jacket for those that prefer that premium format, only on his website. And you can buy it in fiat or sats.

https://academy.saifedean.com/product/broken-money-hardcover/

Thank you for everything you're doing and all of the personal sacrifice that comes with it. Sometimes I stop and think about the incredibly profound time we are living through and wonder how I'll reflect on moments like these.. like being one of the very few who will read a Nostr note from the author of a book that will have helped change the lives of so many who read it. I'll do what I can to help get books like yours in front of more people. Here is the first drop of Broken Money in a Little Free Library in Washington, DC ☺️

#StudyBitcoin #BitcoinBookDrop

nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a - thank you for everything you're doing and all of the personal sacrifice that comes with it. Sometimes I stop and think about the incredibly profound time we are living through and wonder how I'll reflect on moments like these.. like being one of the very few who will read a Nostr note from the author of a book that will have helped change the lives of so many who read it. I'll do what I can to help get books like yours in front of more people. Here is the first drop of Broken Money in a Little Free Library in Washington, DC ☺️

#StudyBitcoin #BitcoinBookDrop

Thanks! I printed up stickers and put them on the first page. It says "Bitcoin Book Drop" and just says "Find, Read, Drop". Writing a cool note is a good idea. I'm also working on an orange pill pamphlet that has some really good introductory info about Bitcoin and gives links to good resources.. I might start slipping those in the books too.

I’m super excited to add Broken Money by nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a and 21 Lessons by nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc to my #BitcoinBookDrop project. Stacking wisdom is important before stacking sats and these books will be found, read & re-dropped by dozens of people.

#StudyBitcoin

Halloween is an awesome orange-pilling opportunity. I'm going to dress up as the Bitcoin genesis block and hand out Lightning tip cards from tipcards.io. Any other plebs out there doing anything cool for Halloween?

Are you currently on a really long Uber ride? 😂

In the spirit of exchanging revolutionary ideas, I placed The Bitcoin Standard in a Little Free Library in downtown Philly. Remember, even the Constitution started small before shaping a nation!

#StudyBitcoin

Today’s drop of The Bitcoin Standard in Le Droit Park, DC.

#StudyBitcoin #BitcoinBookDrop

gm. #studybitcoin

Pet puppies and study bitcoin

#pupstr #StudyBitcoin

I hear you but unfortunately there's a lot of bad ways to buy bitcoin so you really do need to study it to some extent and at least understand counter party risk.

I like saying "study" over "buy" because telling someone to "buy" anything sounds scammy and off-putting.

At the end of the day it's all about encouraging others to learn and come to their own conclusions. I do agree that most don't have (or won't make) the time to dive deep into the rabbit hole like us. But we can help get them there without pushing them in and just maybe they'll gain enough conviction to jump in on their own 😃

Don’t tell others to buy Bitcoin.. encourage them to study it.

#studybitcoin

"The oak tree was once an acorn. The giant Sequoia was once a seed. The mighty ocean was once a drop of water. Start small, think big." - Unknown

Such a great way to get people learning about Bitcoin! I’ve been dropping copies of The Bitcoin Standard in little libraries around my neighborhood 🤓📚

It’s great because people usually put the books back into circulation when they’re done reading them.

#StudyBitcoin #BitcoinBookDrop

The crazy storm last night in DC was a welcome end to a week of brutally hot weather. Hoping for a more comfortable week 😎