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TheBitSmith
fe0f3e32c750f3c00be1d00d4f50aee4646bc0a81ad09a37ca88b5c5196b290a
Orange piller, time traveller, bitaxe runner, sound money evangelist

I don’t think this is priced in.

5% BTC in a portfolio = $3.6 T

10% = $7.2 T

IT’S BEEN CALLED THE GREATEST WEALTH TRANSFER in history:1 $84 trillion in assets is set to change hands over the next 20 years, according to estimates by the consulting firm Cerulli Associates. The recipients, primarily members of Generation X (those born between 1965 and 1980), millennials (1981-1996) and Gen Z (1997-2012), are expected to inherit $72 trillion of that amount, mainly from baby boomers, with the rest going to charity

~ 75% of millennial and Gen Z investors surveyed for Bank of America Private Bank’s “2022 Study of Wealthy Americans” believe “it’s not possible to achieve above-average returns solely on traditional stocks and bonds.”

https://www.ml.com/articles/great-wealth-transfer-impact.html

I’m only half way through Ray Dalio speaking with Friedberg on the All in Pod. Bitcoin counter is already at 176, Ray is dropping the ₿ word every chance he gets…

And h/t to Friedberg, by far the most intelligent and impressive of the All in besties. Really knows his finance, economics, and groks what is money?

https://youtu.be/1_rvVTuGRNE?si=B1cSm8UchSqlKLqV

There are a few bitcoiners I’ve missed the last 12 months. Hopefully it’s because they’ve found a little slice of paradise somewhere and disconnected from the simulation. I hope I can do the same in time.

Replying to Avatar McSats

That terrifying

Except paying bribes to politicians in the US, most EU nations, UN and NGO executives, and further enriching tycoons and uber wealth entrepreneurs.

Great episode, nice to be introduced to Rachel. She makes some good points on tweaking Bitcoin education, conversations and events to ensure they’re also speaking a language relevant to women. We need more women leading on the Bitcoin Standard.

Sprinkle extra protein powder on top of those bad boys?

Replying to Avatar walker

I’ve had intermittent hiccups ever since nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z put me in a choke hold last night.

Many people are saying he tried to crush my larynx because he’s intimidated that nostr:npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8 is the fastest-growing Bitcoin podcast in the world, but I don’t believe the rumors (it’s also a ridiculous rumor because my almost super-human neck strength would never allow that, and Preston knows it).

I believe he was simply so impressed by the size of my Adam’s Apple that he had to see if it was real (it is).

Many scientists are speculating that the hiccups are due to drinking 420 beers since arriving in Miami, but not due to Preston’s strong (but not strong enough) choke hold. I suspect the issue is the fact that only 69 of the beers were Miller Lites.

Anyway, hope everyone had a great New Year’s Eve!

Unnaturally deep voice… out of sync with the adams apple size.

Replying to Avatar Gigi

UKLG , I’m not familiar with her work. Will need to explore.