Day eighteen of 21 days of posting on nostr.

First day in Barcelona I'm lucky enough to check out the hospital system.

No cash? ⛔️

But bitcoin accepted?

Fine by me

I’ve felt this feeling before. Things are about to get really fucking exciting really soon

Those who know know what a big deal this is

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!

Is anyone here? 😛

Asciidoc and AUTH.

Hi.

"little tech" is actually a thing?

Cause I've got one hand in my pocket

And the one is _____________________

Best reply gets a ⚡️

I was thinking this morning about how we leave LED lights on all the time and don't even care, yet our grandparents would walk around turning off the lights whenever they left a room, and it got me thinking about the real #debasement adjusted electricity cost of 1960 vs today.

In 1960 an oz of #gold was $35, and a kwh of #electricity was 2.6 cents. So you could buy 1346 kwh for an oz of gold, which you could earn with 12.7 hours of labor at the #medianwage of $2.75/hr. This also meant you could buy 105.8 kwh of electricity with an hour of your time. A #lightbulb would use 60 watts, so would use a kwh every 16.5 hours.

Today an oz of gold is about $2600, which you can earn in 76.74 hours at today's median wage of $33.88, and the cost per kwh of electricity has "gone up" to about 16.5 cents meaning you could buy 15,757 kwhs with an oz of Gold, and you can buy 205.33 kwh with an hour of your time.

Relative to gold electricity has dropped in price 91.5%. But #wages have dropped in value relative to gold by 83.45%. So relative to hourly wages, the meaningful metric to people, electricity has reduced in price by only about 1/2.

However, in addition to the price of electricity falling substantially, the #electronics we use are also much more efficient. Today an LED light bulb will use only 10 watts, 6 times less than in 1960, and gives you 100 hours of light for only 1 kwh. 6 times more light for half the price, or 12 times more light for the same price! A 91.7% reduction in cost for lighting our homes relative to our labor hours.

On the median hourly wage today you can get over 20,000 hours of light from a single lightbulb for 1 hour of labor. In 1960 you could only get just over 1700 hours of light. Not to mention the cost to replace the light bulbs going down as well, due to their longer durability. This is a substantial improvement by almost any metric.

But what if wages had stayed the same relative to Gold because the world lived on a sound monetary standard the entire time?

If in 1960 an oz of gold could buy you 1346 kwh which would give you 16.5 hours of light each, that works out to 22,209 hours of light per oz of Gold. Since it would take you 12.7 hours to earn that oz of gold, 1 hour of median labor would get you 1748.74 hours of light.

Fast forward to today, cheaper electricity + more efficient electronics, an oz of gold will give you 15,757 kwhs of electricity which can power an LED bulb for 100 hours each. So an oz of gold now gives us 1,575,700 hours of light vs 22,209 hours in 1960. This means if wages had stayed the same relative to Gold then you would get 124,070.9 hours of light from an hour of your labor, instead of the 20,000 hours you can actually get today. All vs the 1748.74 hours of light you could get for the same hour of labor 64 years ago.

124,070.9 / 1748.74 = 70.94

71 times more light for the same amount of gold, thanks to efficiency gains in our light bulbs and improvements to our electricity generating capacity bringing the cost of energy down. The world is getting incredibly cheaper all around us all the time, we just don't see it thanks to the FIAT system. Due to this FIAT debasement, 83% of the efficiency/technological gains has been taken from us all. This is the real theft.

Monetary Inflation is theft, the growth rate of the M2 is the true inflation rate, not the CPI. Inflation doesn't just rob us of our past earnings in the form of our savings, it reduces our future earnings too by debasing our wages.

₿ clears the fog of debasement we've been living under, truly revealing the world of abundance we live in TODAY. If we embrace its simplicity as the best savings instrument ever discovered and/or created by humanity, then we will all truly prosper having freed ourselves from the yoke of bondage that is the centrally controlled FIAT currencies of the world.

You really don't need to work so much. Have a new perspective, lower your time preference, live as frugally as possible within your means and do whatever you can to save as much of your money in BTC and you will be free of the drudgery much more quickly. Buy second hand whenever possible, learn how to cook at home and buy tools that assist you in that endeavor such as a quality blender / slow cooker / pressure cooker / rice cooker / bread maker etc. When you're free, you'll be able to use your time for more useful and important endeavors such as thinking / writing / inventing / volunteering and so on, and also have more time to spend with your family and friends.

Contrary to what many today feel, life is worth living and it can be much more meaningful. The future is bright and full of hope, you just have to leave the cave to see it.

I told Grok to make a picture of a train that won't stop, driven by Uncle Sam. The hat as the smokestack was a nice touch.

Anybody here do cold plunges?

Ever since trying it in Norway I’ve gonna partially down the rabbit hole of saunas and cold plunges.

Bro when am I gonna get to open this fucking bottle.

It’s been in my fridge for 3 years now lol 😂

Danny and I just wrapped up the final episode of What Bitcoin Did at Bitcoin Park, recording with some of our closest friends in #bitcoin - nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle , nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx and nostr:npub10cxz2h7n6rumfpuf49zt4uvm7skzqk5u25vesp0tzdtnkvsnwjyqaffcj3, along with special appearances, including my son.

The episode will be released on August 30th. After that, we'll take a week off before launching our new show (the worst-kept secret).

After 7 years, 860 podcasts, countless flights, and visiting about 40 countries, the time is right. Time is precious. I need to travel less and focus on Bedford, the football team, family and bringing to life everything we've discussed over the past 7 years.

I believe we're entering a new era where #bitcoin is a legitimate part of every conversation. Our new show will reflect this, so we’re building a studio in London and evolving the format where #bitcoin is the heartbeat not the headline.

Thank you to everyone who has been part of this. I couldn’t have done any of this without the kindness and generosity of so many of you, especially nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj .

I'm humbled by it all and everyone of you.

Big love ✌🏻