I do it very rarely for research purposes. It’s a window into an at-times quaint, at-times disturbing alternate universe. Absolute Truman Show.
Thank you for the⚡️!
Listened to traditional news media this morning.
It’s *amazing* how they talk about inflation as this random externality that just happens to us, like the weather, with no connection drawn to the governments that cause it.
The old system is toast.
The question is - what can we do about it and how can we prepare for the new economy?
1. Keep the momentum going. 1 million new bitcoin wallets were created last weekend.
Keep learning and keep sharing what you know.
Make an extra effort to support people who are spreading the good word. If you can’t contribute SATS, consider subscribing, following, sharing, and liking. It doesn’t cost anything and it helps a ton.
2. Get your shit in order. Make sure you have a rock solid bitcoin security process. Make sure your devices are clean. Make sure the hardware you’re plugging the devices into is clean.
Consider all the WORST CASE scenarios and beef up if needed.
*don’t be plugging your device in the same laptop that’s been on pornhub!
**STRONGLY consider getting a coldcard from #[0] and coinkite. They’re the best in the business. I have a code for 5% if you need!
**+If you or someone you know needs help with this, please reach out. It’s what I do.
3. Decentralize yourself. Eliminate single points of failure. If your normal exchange goes tits up, how are you buying and selling bitcoin?
Even if you don’t buy anything, set yourself up on some centralized exchanges like Shakepay, Coinberry, Newton, etc. and some decentralized exchanges like BISQ. And even some over-the-counter exchanges with real humans like Caleb & Brown.
These are just more tools in your bitcoin tool kit.
4. Put an emphasis on earning FREE sats wherever possible. These incentives won’t be around forever. As more people get into bitcoin, they will no longer need to incentivize.
Use apps like Shakepay and the Shakepay Visa for buying everyday items. Fountain for podcasts. Brave browser for your, browser. Rewarded.tv for earnings tokens for watching movies.
5. Swap your alt coins for bitcoin. Bitcoin is different than the other cryptos. It’s going to be considered a commodity.
*not my opinion
This has significant long-term implications compared to securities.
Once the majority of people figure this out, there will be no liquidity left in most alt coins and they’ll be even more worthless.
Unless you have HIGH conviction on the project, swap it for BTC.
6. Sell your stuff for bitcoin. This could be things in your garage, or the products/services that your business sells.
This is a cheat code right now.
Use apps like Damus to sell items - everyone on this app knows how to use bitcoin and might be willing to part with some SATS if your product is good enough!
7. Look at your monthly bills and where you spend your money. Would any of these vendors be willing to accept bitcoin instead?
The guy who clears your snow, your barber, your local meat shop, your local restaurant?
You don’t know unless you ask. This is the first step in building your own circular economy.
8. Find a community. Locally or online. Find people who share your interests and also love bitcoin.
And if nothing exists, start your own.
We have a project combining golf and bitcoin called the 88 SATS project. We’ve already gotten 50 new people into bitcoin over the past few months. We’re creating our own network and circular economy while sharing a common goal - invest some bitcoin into a fund and buy our own golf course when the purchasing power is high enough.
I posted a video talking about this. You can find it here:
If this way in anyway helpful, consider subscribing to the channel, sharing, or leaving a 🧡 below!
I also do a few podcasts every week talking about this kind of stuff. It’s called Beer & Orange Juice!
Here’s the link to the Fountain channel - where you can earn free bitcoin for streaming! See #4 above!
https://fountain.fm/show/CNbpydRkLHDAnR3KM3zA
#plebchain #introductions #bitcoin #knggolf #golf #golfr
Great work. For Canadians another good option for everyday sats is a cash account with Wealthsimple - Mastercard debit card with 1% sats back (3% with payroll deposit) and withdrawal support to private wallets. BTC on pretty much everything.
Nice work! Asked my wife to download #[2] yesterday and planning on visiting a coffee shop that accepts lightning later to demo.
Really, it’s more important than ever that the family not have a single point of failure here, so important to get buy-in and awareness!
Nuclear power plants through the eye of Midjourney 5. Great thread via the “other” site.
So true. And geographically split backups are an awesome idea as long as you actually go touch the things occasionally to firm up the recall.
I know the sixties/seventies were strong but I’m taking the nineties every time in best musical decade bingo.
I'm always polite with GPT-4 when it writes code for me because, you know, when it takes over the world I want it to know I'm a friendly. 🤖🌍
—
Developing https://nostrgram.co/ #Bitcoin
I’m even polite with Google Home and it’s as thick as two short planks. Never hurts to be polite. Especially with kids around (who may well be dealing with the robot overlords when they grow up!)
OpSec-wise where do you do your BTC buy/sell accounting? (yes, yes, it’s almost all buying)
Obvs keys and account details are far, far away from the internet, but do you still track the numbers in a spreadsheet? Local/cloud? If offline, how/where?
Today’s #[0] discovery. I love zapping for music, my fave value for value application. Hope you all having a nice Sunday.
https://player.wavlake.com/track/b9da507c-93cb-4287-bb49-fe4968777dda
Truly the end. Not going to bend the knee and pay for KYC Social and apparently those that don’t are deboosted into oblivion; I guess that’s the defacto end of my Twitter career.
Me too, much appreciated.
This is the way.
Then before you know it you’re drilling a well and planning supplemental rainwater capture and solar irrigation systems for complete independence.
So true. Shocker: humans default to “good”.
Excellent. Farm market we were at this am yielded fresh bread, honey and cheese. Meat freezer already full. I have yet to find anyone that will accept sats in this rural community but physical cash is still strong (it has now completely disappeared in the city)
It’s the shade of white for people who can’t be bothered to try twenty different shades of white. It just works. It’s a Behr shade, but any paint shop will match. Used it a bunch this year.
GPT-4 is great n’all but would it have conjured the genius to invent the Guinness can widget?
Happy St. Patrick’s Day
I’m old enough to recall self-hosted!
If you asked GPT-4 to come up with a fun fact-based anecdote for today’s financial markets, could it do better?
Yes. I thought Elon was the right answer but the question was wrong.
I get about the same with Starlink. Doesn’t go down like cable internet when trees bring lines down in the winter though! Love the service.