Avatar
Jake Woodhouse
fac513a1ceded1eabc7407c12997485de8bbb28eddecefa016817fc8d4f407a5
Dad, Husband, Investor, MC, & Podcaster | Discussing financial, humanistic, & intellectual investments | Follow to future-proof your happiness, health, & wealth

I have a purely emotional, but strong feeling, that Bitcoin is going to absolutely pump in price soon

I don’t think Bitcoin advocates realise how much value they’re creating

All this time they vociferously plug away about this new type of money

Will one day reap rewards in real people’s lives… So pumped for my mate 👏

Going from a family of 2 to 3 was tough

Going from a family 3 to 4 was a little easier

Going to a family of 5, with 3 kids, is a whole new challenge

💪🏻

Thanks Luke

Yeah it really is. A great project. Typifies value 4 value in a way. Bitcoin knowledge is incredible when delivered in the right way at the right time.

Awesome focus on self sovereignty as well in terms of the self custody advice etc

🙏🏻

Replying to Avatar walker

I was a unique case of homeschooling because I was homeschooled through 8th grade then went made the decision to go try high school because I was worried I might be stupid compared to other kids who I knew through sports, clubs, community, etc… My parents made it clear that it was my decision to make, so I made it.

Turns out I was not, in fact, stupid relative to the other kids… I was able to skip through math classes in high school and graduated valedictorian while being a three-sport athlete all four years. I discovered that public school is absurdly easy, because everything caters to the lowest common denominator. The focus was on time spent (in your desk, doing homework, etc) vs deliverables. Put another way, it was an “hourly” mentality instead of a “salary” mentality.

That said, I had some really great science and math teachers in high school that I am still very grateful for. They were also the type of teachers who thought administrative mandates were bullshit and just wanted to focus on teaching.

Things I liked most about being homeschooled:

- I finished all my work in 2-3 hours in the morning and spent the rest of the day outside — I was outside constantly.

- I was done when I was done. There was no “homework” because it was all at home.

- I could do my work from anywhere, or work ahead a few days bitcoin if needed. There were no arbitrary constraints.

- It taught me to work on deliverables.

- I read a shitload.

- I was never uncomfortable around “adults.” They were just bigger people to me. I showed everyone respect, but I was perfectly comfortable and happy hanging out with adults even as the only kid (plus my sister).

- I got to do a bunch of random shit because I my schoolwork itself took very little time.

On the subject of random shit, one of my favorite memories is when my mom set me up with a legit blacksmith to apprentice for a day. He’s the first person who taught me about Fibonacci. Seriously brilliant and badass dude. Made a huge impression on me and I will never forget it.

I also just played in the woods constantly. Started fires, built forts, used knives and axes and guns from a young age.

In terms of things I disliked, the only real thing was the worry that I was not going to be as smart as my peers at public school. Benchmarking was hard. It’s the whole reason I decided to go to high school, only to find out that a lot of people are complete morons, with zero initiative, drive, or grit.

I also spend a day a week at a Montessori school for a year or two. That was neat. Zero “schoolwork” was done. We just built shit and cooked shit and played outside.

My parents also helped found a small charter school (about 10 kids). We would get together once a week and had a couple tutors who came in. I had an awesome Mennonite algebra tutor named Edith. We got on swell.

Anyway, highly recommend homeschooling, and will be doing it with our kid(s). There are infinitely more online resources available now than there were when my parents did it.

Got 3 kids now, very much heading down the home schooling route

Love to hear stories of people thriving on the other side of it

👏👏👏

In the investing world we look for trends

The “trend is your friend” is a phrase I like

They can be reduced to two terms such as:

- tailwinds

- headwinds

Nostr, without any doubt, has immense tailwinds…

So as an example, which would you rather be?

- 1 - good entrepreneur, with a good idea, but a bad market

- 2 - an average entrepreneur, with an average idea, but a good market

I know where I would be placing my bets…

Good vibes luke thanks for sharing

We’ve got some building to do for sure!

Well done on the progress with the podcast 💪🏻

No thanks. I started watching “inside bills brain” a few years ago, and just couldn’t do it

It was like he was just soooooo increadible. A god if you will. It stank of BS. This was pre-covid as well.

At the time I was angry with myself, as I thought I was struggling with the “compare and despair” type psychology. I thought I was jealous. Hence I couldn’t watch it

Now I reflect, it was intuition telling me loud and clear that this man was not to be trusted. It was just all too good to be true

The very idea of a philanthropist, who doesn’t just give to those who needs, but benefits on the back-end with equity positions, political influence, tax loopholes, etc etc, is more akin to a nefarious devil than god

Watch what they do, not what they say

This is so on point. Plus the ladder to freedom doesn’t have to be violent, just different, with an outcome not given to you but worked for

GM

Just met a 93.5 yr old man taking a morning walk along the beach

Bill. Born in 1930. Had 6 sons. Chatted way to my girls, told me how fun growing up in Sydney was, & how his sister saved his life once.

Then went on his way. True gent

🙏🏻

Traction ladies & gents. Traction

The startup world hunts for this in the same way gold prospectors traverse the earth

Amazing to think what will be built with, on, & because of Nostr

I am pretty bullish on Aussie RE tbh. Just so many levers the gov can pull to keep the show on the road

Yes it’s slowly but surely getting more & more unobtainable to the average person

Yes that is a seed for large public outrage at some point in the future

But do they let it recorrect? The whole asset market of the country implode?

Or just carry on getting rich?…

It’s not fair. But what is?

Replying to Avatar Seodan

This was a very worthwhile podcast with nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgpr9mhxue69uhhyetvv9ujumn0wdmksetjv5hxxmmd9uchr0qv and nostr:nprofile1qqs2xs05tluhtr6hpgsmqqxp04898gayjlyrjlexcrndv8j6el784xqpr9mhxue69uhhyetvv9ujumn0wdmksetjv5hxxmmd9ugxrggw because it opened the debate of credit in a future Bitcoin world 🙏

https://www.youtube.com/watch?v=k7XhzXMSAPo&t=8410Not

It raises my eyebrow when Michael speaks of putting consumers' BTC into custody of "trustworthy banks" to earn yield 🤔

- Why would banks alone provide such services? In a real Bitcoin world, can't there be peer-to-peer, decentralized, self-custody borrowing and lending? Wouldn't that be worthwhile to build and support? It's being done, but the Bitcoiner resentment is strong.

It also makes me listen carefully when Saifedean responds that credit eventually only works with a lender of last resort and that with a deflationary currency credit will be less and less attractive over time.

- I would have loved if Michael had given Saifedean more opportunity to elaborate on that. However, at the moment, I also see credit as driver for economic activity, for sure in a transition period, but even in a Bitcoinized world. Interest rates play the role as the price of money. There won't be that massive fractional reserve lending anymore ... but still, especially on a peer-to-peer decentralized basis, simple lending and borrowing seem like natural activities, no?!

Now, even with Bitcoin as deflationary currency creating abundance in society through falling prices all around, wouldn't there still be the demand for credit finance? nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpp4mhxue69uhkummn9ekx7mqpp3mhxue69uhkyunz9e5k7qgkwaehxw309ahx7um5wghx7mnnv968xtn0wfnsurtqc6

I think that's a highly relevant topic for Bitcoiners to wrap their head around and I'd be glad to read/hear more about it and go through possible scenarios 🙏

Will have a listen & respond

My hunch: there will always be demand for debt, yes it will look very different to what we’ve become accustomed to, given that the cost of capital will be much higher and more fairly represented on a Bitcoin standard.

Will they? Wont they? Media that incessantly follow Central Bank announcements must get driven mad

“It could be the fact this drags the RBA closer to cutting interest rates,”

Time will tell.

What I do know: a mortgage broker told me they have 38$ million aud of pre-approval loans just waiting to go

“That’s the most capital in the wings I’ve almost ever had”

They see rate cuts happening in 4 to 6 months, which means we have a good real estate buying window

People using leverage, to access a leveraged market, when the leverage masters pull their artificial strings

And they wonder why we get boom and bust cycles…

https://www.news.com.au/finance/economy/interest-rates/australia-reacts-as-us-federal-reserve-slashes-interest-rates/news-story/cec76fac0740139882345dd69e83c796

All centered around the Himalayas. Fascinating

When you go to places like India and China it really does open your eyes

There are just sooooooo many people out there

All of whom have no idea who you are, or care for your customs

Travel is the best thing for giving on perspective on life

Quite like how this post gives perspective in fact