Dave referencing Leeroy Jenkins, alright.
I was listening to nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z talking to nostr:npub1pyp9fqq60689ppds9ec3vghsm7s6s4grfya0y342g2hs3a0y6t0segc0qq on his podcast today and they covered speculation vs investing.
Preston defined people picking up something to sell it for a fiat gain as speculation. The context was there are people buying long bonds right now because they may catch a short term bid (speculation). They don't buy them to hold them because they are good asset with good fundamentals (investing).
What hit me is that I think #btc has turned a lot of speculators into investors. I'm not buying it to turn a quick fiat profit. I'm buying #btc because I think it is good for the long run.
You got it, Preston. It's a lifestyle.
Many such cases
I absolutely love saving money, so I stack sats every single day.
Rabbit Hole Recap with nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx and nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy in 45 minutes.
Join us live 🫡
Great job!
Enjoy the nature, it's so neat! nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx
Thanks for what you do, hope to shake your hand one day.
Go eat lunch at Shotgun Willy’s BBQ. This is an nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx favorite and recommended on RHR. I’ll be going there next time I’m there.
#foodstr #bbq #nashville #bitcoin
Shotgun Willie’s BBQ
4000B GALLATIN PIKE
Nashville TN 37216
United States
That might be on the menu tomorrow. Marty was quick to dismiss, but odell usually got a handle on things
Waking up in Nashville, and stacking sats, this is all I needed
Good morning, I'm humble and stacking sats on a Sunday.
800000
What I learned: To be Bullish on Pro-Creation
My beautiful wife is 16weeks pregnant with our first. We met in our thirties, and making the most of our time together. We both built our fiat nest eggs over the years, and post orange pilling her, we're both DCA'ing most of our disposable income into cold storage sats. Hope for a great life together, and for us to spend it with our children, family & friends.
799999
What I learned: Low time preference
Slowing down, working less, getting married and having children. Staying humble to stack sats.
799998
What I learned: Understanding the Money & Economy
Reading and listening are both critical to understand Bitcoin. Learning from OG's about the critical moments in Bitcoin, before it became impenetrable.
799997
What I learned: Mining / Energy
Understanding energy usage and standed/wasted energy. Having worked in oil & gas for 13 years and understanding how portable mining rigs can solve major problems for upstream and midstream plants, reducing their emissions by using stranded gas, by wells and/or flare lines. In some cases, start ups can be halted due to their locations flaring allowance. On start ups you're likely to encounter issues with devices or equipment so the facility will wait until the start of the next Quarter
799996
What I learned: Using Non-kyC exchange - p2p
Using Umbrel on my raspberri pi, learning to use numerous different applications utilizing the lightning network - buying sats on robo sats - and also completing a couple of transactions as a Seller.
799995
What I learned: Running a Node
Using Umbrel on my raspberri pi, learning to use numerous different applications utilizing the lightning network. Opening and closing channels, connecting to new peers. Learned how to loop out sats to a bitcoin address and gain that inbound liquidity.
799994
What I learned: Tor/BTC Nodes
Learning to use Tor to connect to my own node, onion addresses, putting together a raspberri pi and understanding the role of the Nodes on the network.
799993
What I learned: Self Custody
Having offline cold storage bitcoin, air gapped from any internet connected device, stamping seed plates, understanding security and self sovereignty