Will we see a new ath in 2025 or has BTC topped for the year? #asknostr

Most trolls are pretty boring but I have to hand it to one recently who claimed I'm clearly vain because I'm dying white streaks into my beard. 😆

Folks, you can review the past decade of videos on my web site and watch how my beard has slowly added more white streaks. The effort required to pull that off would have been massive. 😬

Halving progress 35%. #Bitcoin

gm, 1 month left until the green wall is complete on my GitHub contribution graph.

What's your bet - will I cross the finish line, or will the streak slip away?

Who wants a follow?

All this dystopian talk about online age verification is going to have me either become an extreme Luddite where I don't touch technology anymore or I'm going to be even more of an extremist and disappear further into Tor and I2P. Never touching ClearNet again.

And what bothers me even more is that the US is definitely headed on the direct path of biometrically locked driver's licenses and digital IDs. It's happening everywhere in the world and the lack of pushback is fucking Asinine.

If you have been in Bitcoin for a cycle or more before today, you have experienced a once in a lifetime event.

You built the conviction to hold an asset which the entire world told you was destined for nothing. Literally everyone said you were wrong, at scale.

That character building dynamic, is no longer the case. Wall Street, government policy, and even the media is at minimum less negative, but mostly now positive.

Building conviction in Bitcoin now is easy, folks just pass off responsibility to their money manager.

If you stood the hardcore test of building, forming, challenging, and reshaping your conviction over years, amidst the most hostile social environment against Bitcoin we will probably ever see, well done.

Yes the asset is awesome.

But the lessons you learned, and the trust you now have in your own decisions and ability to reason, cannot be replicated.

You lived a once in a lifetime experience.

Put it to work in your life, and make it better.

Thinking about doing some vlog style content and posting exclusively to nostr.

If everyone builds a project they want to see in the world, 90% of the won’t work right, or will make poor decisions, or have bad timing, but 10% of them will move us forward in a major way. And 1% of them will change the entire question of what to build and where things are going next.

Just keep building, whatever you can. It’s like proof of work. Not all hashes produce blocks, but your hashes are worth the same as everyone else’s. Let’s brute force our way to the world we want to live in.

Not sure the 40-50% CAGR will keep going as it has, it is decreasing over time. To me, Bitcoin is not an investment, it's savings.

Bitcoin wealth levels and primary focus:

Stage 1: You have less than $1 million worth of BTC

Primary focus: Capital Accumulation

Get to $1 million worth of BTC as quickly as you can.

Today that's 8.69 BTC.

Soon it will be 6.15 BTC.

Then 1 BTC.

Stay laser-focused on your business until you bank your first 7 figures.

Do not waste your finite time and attention thinking about trading in and out of assets at this level.

You should be stack-only.

Focus on being useful to others like the robots are coming for your job.

Because they are.

Don't think the path you're on will get you where you need to go?

Then change your path.

Channel your efforts into opportunities with uncapped upside and use various forms of leverage (personal brand, AI tools, code, relationships) for non-linear growth.

Just remember: Working harder isn't the answer. You can accelerate your capital accumulation if you work smart.

Just make sure your upside isn't capped.

One unit of input should lead to multiple units of output.

And your work should ideally compound like your assets.

Where to start?

Helping other people make more money in their business is a good rule of thumb.

E.g. AI is a new tool that few people know how to use effectively.

So help them leverage AI in their business.

There's a million niches within that one obvious idea.

You can figure it out and make anything happen.

If you want to.

Stage 2: You have between $1-$5 million worth of BTC.

Primary focus: Capital Allocation & Preservation

At this point you should increasingly focus on your own investor psychology, mindset, and risk management.

You have some momentum at this stage.

Keep it rolling.

Keep stacking Bitcoin and milking your personal cashflow.

But realize that you're closing in on escape velocity.

And your main job is to not screw it up.

BTC's 40-50% CAGR means you're looking at adding $400-$500K to your net worth on autopilot.

When taking taxes into consideration, that's like earning close to $1 million per year in income and saving all your after tax income.

Something that very few people ever manage to do.

This is the point where your BTC starts to make money faster than you likely can through your own effort.

Which means you should shift a portion of your time into mastering your investing psychology.

You need to be mentally prepared for likely market scenarios.

You need to have a plan.

You need to know yourself, and know how you'll react when volatility strikes.

Do you need a cash pile that helps you sleep at night?

How long of a runway do you need to not panic sell the next dip?

These are questions you must address.

You're on your way to generational wealth.

And you cannot afford to screw up at this stage.

Stage 3: >$5 million in BTC. Escape velocity.

Focus on Time Allocation.

Many people in the fiat world don't see $5 million as "enough" to retire.

But that's because inflation is usually outpacing the returns of their "safe" investment portfolio.

But if you have $5 million in BTC, you're adding ~$2 million to your net worth each year, and it's compounding (as long as you have a long time horizon).

You can spend $20K-$25K a month and still watch your wealth accelerate.

At this point, you should take a minute to recognize that the future is uncertain.

AI and robotics will soon change everything as we know it.

And you will never have as much time as you do now.

At this point, you need to be deliberate with how you allocate your time.

Imagine you only had 5 years left to live; would you be spending your days as you are now?

What would you change?

You've essentially solved the money problem.

Now your focus should be on how to live well in a way that doesn't require extreme extravagance.

That way when you get to $100 million net worth in the next decade you know how to enjoy your good fortune without relying on ever more money to do so.

Find activities that you enjoy and that you can compound over the long-term.

Do things that make you feel alive and don't lead to a "hangover" later.

Prioritize your health and family.

Congratulations, you've won the money game.

And your reward is that now you get to pick a new game to play.

Choose your next adventure wisely.

I used to hate eth people so much and now I actually just pity them lol

We choose to go to the moon, not because it is easy, but because the haters said we couldn't.