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Chako Chino
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nostr:npub1uth29ygt090fe640skhc8l34d9s7xlwj4frxs2esezt7n6d64nwsqcmmmu is brilliant, insightful and understated. He brings out the best in his guests and his observations and understanding of bitcoin through metaphors are very helpful. Cody’s interview with Bob Burnett was very good: https://youtu.be/XaNohGRZQRI?si=W7UcSQ7auRcEj_QE

Your work is inspiring and informative. Your subjects are usually just regular folks who have a deep understanding of bitcoin and are outside the circle of the people who tend to dominate most btc podcasts. I really appreciate that approach and find your guests so much more relatable. As Jeff Booth often councils, you must meet people where they are and you do that so well in the knowledge that is revealed in your interviews. Thank you.

So beautiful the way the light is transmitted through to the edges of the material. Do you know who designed and made them? Such a wonderful cascade of luminescence!

Good morning Jeff. Thanks for your helpful interview with Natalie on inflation. It’s such an important issue to keep trying to understand. I particularly like the part where you pulled on the thread of how investments are still possible with hard money and how you are achieving this with Ego Death Capital. Thanks for your endless generosity!

Great interview- thanks for sharing Natalie. I am glad you pushed back and probed deeper on many of Jeff’s observations and thoughts as it helps us understand better. Your best push back was on Jeff’s assertion that investment will still be possible with hard money and people will not need to borrow as much as they would under a credit based system. A lot of people have trouble understanding this from within our current monetary experience. The owner of Tahinis in Canada has explained how people from his culture really like bitcoin because it undermines the credit based system and eschews interest being applied to loans. Love your work.

Replying to Avatar Lyn Alden

A lot of people look down on blue collar work, which I think is misguided. Especially for skilled blue collar work (and most type of work does benefit from skill/experience).

Basically, there’s a popular notion that it’s objectively better to be a CEO than a plumber, or an engineer than a barber, and that’s pretty off base. So it’s not that they criticize blue collar work in any overt way; it’s that they assume that that people in “lower” jobs would all want to be in “higher” roles if they had the choice. A technician would want to be an engineer. A janitor would want to be a CEO.

There are a lot of studies on job happiness and one of the most consistent correlations is that people are happier when they get more immediate feedback. Like if you cut people’s hair or fix mechanical issues or wire up electronic boxes, you often resolve things in minutes, hours, days, or weeks depending the specific task, and with progress along the way, so you get that quick feedback loop where you see the positive results of your work quickly and tangibly. Nothing lingers, unclear and vague.

And for those jobs, often when you’re outside of work hours, you’re truly out. You don’t have to think about it. You can fully devote your focus elsewhere. There’s not some major thing hanging over your head, other than sometimes financial stress or indirect things.

Now, obviously jobs with more complexity and compensation and scale give people other benefits. More material comfort and safety, more power to impact the world at scale, more public prestige, etc. and for some people that’s important for happiness, and for others it is not. And the cost is that it’s generally highly competitive, rarely if ever turns off, and usually comes with much slower and more vague feedback loops in terms of seeing or feeling whether your work is making things better or not.

There was a time in my life where wiring up electronic boxes was really satisfying. Each project had a practical purpose but then also was kind of an artform since I wanted it to look neat for aesthetic and maintainability purposes. I would work on these things like a bonsai enthusiast would sculpt bonsai. And then eventually I would design larger systems and have technicians wire them instead, but for some of the foundational starting points I’d still set up the initial core pieces to get it started right. I wasn’t thrilled when I realistically had to give that up when I moved into management for a while.

I have a housekeeper clean my house every couple weeks. She’s a true pro; she used to clean high-end hotels for years and now works for herself cleaning houses. When we travel, she can let herself in and clean our place, since we trust her.

She doesn’t speak much English, but her daughter does, and that daughter recently graduated college.

Notably, she consistently sings while she cleans. She could listen to music or podcasts but doesn’t. She just sings every time she cleans. I can tell she’s generally in a state of flow while cleaning. She’s good at what she does, and it’s kind of a meditative experience involving repetition but also experience to do it properly and efficiently and then a satisfying conclusion of leaving things better than how they were found. Turning chaos to order.

Last year she was hit by a truck while driving, and had to be out of work for a few months to recover. When she came back, we just back-paid her the normal rate for those few months as though she cleaned on schedule, so she wouldn’t have any income gap from us. Full pay despite a work gap. She was shocked when we did that. We weren’t sure her financial situation (I assume it’s pretty good actually based on her rate), but basically we just treated the situation as though she were salaried with benefits even though she works on a per-job basis. Because skilled, trustworthy, and happy people are hard to come by and worth helping and maintaining connections with.

If I were to guess, I honestly think she is a happier person than I am on a day to day basis. It’s not that I’m unhappy; it’s that I think whatever percentage I might be on the subjective mood scale, she is visibly higher. I experience a state of flow in my work, and my type of work gives me a more frequent state of flow than other work I could do, but I think her work gives her an even higher ratio of flow.

Anyway, my point is that optionality is important. While it’s true that some jobs suck and some jobs are awesome, and financial security matters a lot, for the most part it’s more about how suited you are for a particular type of work at a particular phase in your life. And you’re not defined by your work; it’s just one facet of who you are among several facets.

Find what gives you a good state of flow, pays your bills, lets you save a surplus, and lets you express yourself in one way or another.

Thanks for your illuminating interview with Merryn Talks Money. Your post about blue collar work is so true for my experience as a cabinet maker. I wonder if ‘hard’ money might better serve the financial situation for people with ‘hard’ skills?

Replying to Avatar Peter McCormack

The studio is ready, Danny's flights are booked, and next week we’ll begin recording episodes for our new podcast.

I wanted to share the reasons behind this shift as many have been asking. Three primary factors influenced this decision:

1. I hate making remote shows—I never want to do them again. These interviews need the intimacy of being in person.

2. Traveling constantly has been detrimental to my health and my family.

3. My commitments here with the football club and local community are growing.

So, the solution was clear: build a studio in the UK and produce the show locally.

We’ve secured a fantastic space in Soho, London, and we’re ready to go but given the limited number of Bitcoin guests available in the UK or those willing to fly in, it’s time to retire What Bitcoin Did.

Our new podcast will be similar in feel but will cover a broader range of topics. While some episodes will focus on Bitcoin (though less frequently), most will explore other interesting topics or people.

Having made nearly 900 episodes covering a wide range of #bitcoin topics and guests, we’re now aiming higher. By diversifying our content and guests, we hope to introduce more people to the concept of sound money through podcast osmosis. If we get this right, it will be a bigger show, if we get it wrong, well we tried.

For a long time I have felt there is a need to get out of the #bitcoin corner of the party. Real Bedford FC was a way of integrating sound money into a traditional business model. CheatCode purposely did not include Bitcoin in the title, so changing the show feels like a natural next step.

Sometimes when stuck in the #bitcoin landscape you can lose site of how other people in the world think, lose empathy for the complexities of the world. I have felt this. I'd come home from spending two weeks with Bitcoiners and be with friends and family locally and notice a distinct difference in how we see the world. As everything feels like it is going to shit, I feel like there is a bigger job to do now.

The Bitcoin podcast landscape is well served, from Marty and Odell to Natalie and Preston, from The Blue Collar guys to Stefan Livera and anyone I haven't mentioned. There’s no shortage of high-quality Bitcoin podcasts.

However, there seems to be some fatigue in the space, with similar guests and topics being revisited. With our new show we want to bring fresh perspectives and ideas, aligning with sound money where relevant—think of the shows we’ve had with the likes of Eric Weinstein and Michael Malice.

On a personal note, I’m need the challenge, test myself wider, get fit and find a good woman. I can't do this travelling all the time.

When I started the podcast my life was a shit show - divorced, coming off drugs, heading towards bankruptcy. I've had an incredible 7 years, travelled the world, made amazing friends and got to live my dream by buying my local football club.

To everyone who has helped us get this far - the guests, the listeners, the sponsors, we could not have done this without you. I am forever in your debt.

I hope you’ll check out the new show and enjoy it, though it may not be for some of you. Regardless, Danny and I will work hard to deliver the best show possible, like we always have.

Roll on The McCormack Show!

Thanks Peter. Your sacrifice has been our gain. Best of luck with your new endeavour and my your wishes come true!

Perhaps fear is associated with ego and not being able to let go of it’s need to protect itself. Ego is associated with the thinking, feeling and moving centres is it not? Perhaps ego measures what is better and what is worse by its own subjective needs rather than a wish for something more universal.

Thank you for making the time to put yourself out there. To make the make observations that you describe takes a lot of work to seperate the wheat from the chaff. Your efforts save people a-lot of time while also increasing their knowledge and understanding. Good deeds Lyn.

Yes but to see with a lens that strives for objectivity, isn’t it important to engage with folks that receive impressions with a different lens? That way I can become aware of my own subjectivity and how one’s own ego strives to protect itself rather than allow a more universal connected experience, knowledge and wisdom?