I think the two most important mental models for individuals are “truth seeking” and a “growth mindset”. Truth seeking keeps you curious and having a growth mindset because in order to improve, you have to first believe you can get better.
If you can encourage both of these in others, it is more important than and specific technical skill you could teach.
Bitcoin treasury companies in the S&P500 are the next Trojan horse. Every smart person you know who wrote bitcoin off because they “missed the boat” will board the boat through their 401k. Don’t forget to congratulate them on owning their first bitcoin.
@preston I was surprised you brought up power law this episode. I’m not going to lie, PL has turned to my base case after your interview with Matthew Mezinskis.
Unpopular : The standard of living and prosperity in the US is due to the printing and global spread of the USD. This allows our country to control and tax all dollar holder’s wealth. If the US did not pursue this goal, another country would have. For better or worse, the government is now obligated to keep up ridiculous spending to keep the dollars flowing and extending its reach.
With the invention of digital scarcity, we now have an asset/money
that is free from the tax of inflation.
I think comparing to total gold in ETFs compared to Total Bitcoin held in ETFs gives a better overall picture, but I am sure the trend still applies.
Gold’s final destination is a shiny metal and hedge to Bitcoin collapse.
I smile to myself every time I hear these pigs squeal about the bacon getting cut out of their bills.
Passive flows are up next. Stay tuned for the next episode of, Bitcoin the Trojan Horse.
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Passive flows are up next. Stay tuned for the next episode of, Bitcoin the Trojan Horse.
401ks are the next institutions
Always enjoy your quarterly insights and replaying previous masterminds to see how the predictions play out!
Nothing makes me happier than listening to these congressmen wine like entitled brats about not getting to spend our money on their pork.
nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z I have listened to most of your Bitcoin podcasts over the years and this was unexpectedly one of my favorites! I have replayed it multiple times.
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