I see models like this and I think to myself this is a good model for people who want to believe that things are orderly and quantifiable.

But the truth is that none of these models can predict demand and Bitcoin can go to a million practically overnight.

This or something like it is probably the base case, but what if bitcoin goes through a phase transition?

My gut feeling is that there’s some inflection point out there that causes a rapid hyperbitcoinization to occur.

We just don’t know what the inflection point is, so we’re guessing and feeling around in the dark. But my guess is that it’s out there up ahead somewhere.

Models like this will work until they don’t anymore.

I think at this point it’s safe to say that the Boomers have pillaged America beyond all recognition and it’s time for the Millennials to take over.

It climbs

“You decide which system you give your energy to.”

Is it recent that lighting transactions show the time to make the transaction? I just noticed my bitcoin jungle app is doing that now too.

How’s Uvita? I saw Francis posted a nice butcher shop pic from there a while back?

Great December for Mr Obnoxious.

After the initial drop, on YouTube the show is 39% ahead of the WBD average for the last 12 months. The only month which beat it in total was the Whitney Webb month, a show which is now at 1.7m downloads.

Also, average downloads per show, Audio + YouTube is ahead of the average for the last 50 shows of WBD.

It’s been a hard graft and a transition full of anxiety, so I appreciate all the sponsors and listeners who have stuck with the new show.

WBD is in good hands with Danny and he’s crushing too.

I’ve been feeling this for a while but more so in the recent sixth months.

I’m highly considering doing Ayahuasca, or a similar experience.

I’m sure some of you here on #nostr have done this and I’m curious your recommendations. Supervised and legit of course. I’m pretty scared but feel it would be the right experience for me as well in search of clarity, healing from trauma, etc.

#asknostr

A lot of people have heard my moped story, but heres the math on it.

In 2016 I needed $5,000 to pay my wife’s master’s school tuition.

I didn’t have $5,000 cash at the time, but I did have bitcoin.

Bitcoin was trading at roughly $500, so I would have had to sell 10 bitcoin in order to pay the tuition.

I didn’t want to do that so I sold my car instead for $5,500.

I took $500 of that and bought a shitty moped and used the rest to pay my wife’s tuition.

So I rode the moped around the rest of the year and everyone made fun of me. Usually I play this part of the story up, but tbh it didn’t bother me. The people making fun of me were poorer than I was, they didn’t understand bitcoin or the market or even basic budgeting.

When people would make fun of me I would tell them why I was doing what I was doing. Then I would start peppering them with questions about their financial life.

“Oh so you financed your refrigerator? You’re still paying that off huh?”

“You have a timeshare you’ve never been to? How’d you get talked into that?”

People would generally go from laughing at me riding the moped to feeling shell shocked by me popping their bubble of comfortable delusion.

Still I drove the moped and everyone thought I was being weird and ridiculous and silly etc…

At 100k that decision was worth a million dollars.

At a million it will have been worth 10 million.

And at 10 million it will have been a nine figure decision.

100 million dollars.

I only rode the stupid moped for 8 months.

Ask yourself? Would you face 8 months of sacrifice and ridicule for 10 million in the future?

Because there are things you could be doing today that would generate that for future you.

My advice is to have your own moped moment.

Do something a little weird/cringe/out there in order to stack more sats and then check in on the sats in 10-15 years.

I think you’re going to be happy with the results.

I can feel my beard becoming more grey by the day... #lifeGoals

Fiat dilutes everything...