Oddbean new post about | logout
 My early thoughts on the Madeira conference: the growth in the presence of families was absolutely the most tangible difference. We saw wives, dads, babies, and even a couple of dogs! Michael Saylor singled out families as a class of Bitcoin users, and highlighted preserving family businesses and VALUES with Bitcoin. Bitcoin is becoming a family affair. 
 Beautiful fact
nostr:nevent1qqsxjxpzqnwg8j0xf4655jfccrvcqpeyax2e54sxgwry9ltsesquzngpp4mhxue69uhkummn9ekx7mqzyrvte7k0ekr46xtz2xcwnlxkjvhevr3zu3wnumxy3jycj9a2jaj9kqcyqqqqqqgrcus3f 
 This is a massively bullish change from the outward appearance being being on shadowy super coders 🤓 and risk taking speculative traders 📈 
 this is fucking awesome  
 Interesting observation. Bitcoin families! Might just be the new building block for a future society 
 Soon: Baby's first Bitcoin  
 Expansion of thoughts on this:

nostr:nevent1qqsgcwy2yg77hzmepqhayg4jq92kjsmls5rr503tme39jl2dx6vud4cpz3mhxue69uhhyetvv9ujumn0wd68ytnzvupzp7spvks0ryhmp6gu0kr3pet4wzkj0vm3tjjjrq0kc57fkgpnjurnqvzqqqqqqyvsucyp 
 About time we aligned cocaine with family values. 
 
Highly interesting observation! (read the quoted note)

It made me think about the saying that the family unit is the true building block of society. And in many ways also its center of cultural regeneration.

For the first time in history #bitcoin now has given the power of self custody banking to the family unit. I think this might be way more significant than one might think at first glance.

You could setup one of @calle 👁️⚡👁️'s CashuMints and allocate sats between each other without thinking of bitcoin fees, making things more effective. And between family units if high trust maybe relatives or neighbors you could use eCash satoshis to transfer funds between each other, again at super low fees.
(Family mint banks)

Families can set up trade between each other for splitting bills, sharing chores, taking care of each others kids like local kindergarten things. All while kids can get introduced to keeping their own first bitcoins and getting used to the tech. Remember that they don't have to deal with real prices, so the risk of loosing out on funds can be minimized. In your own personal family economy it's totally doable to let your kid save up and buy treats, sodas or more healthy fun stuff at any satoshi price you set. For example, taking a soda from the freezer 10 sats! It doesn't have to mach market value.

They still learn and participate in something new, and learning new ways to handle and think about money. The older they get the more real you can make it.

And as for cross family cooperation and trading: I just think it might be the best small scale economy possible to start out with. It's totally doable, and  as soon as more families connect the market instantly increase. Growing on multiple small scales in an decentralized manner, is likely the most healthy way to get a proper economy growing anyways.

Appart from using family bitcoins for trading services between families, remember that there are lots of child stuff that fare well in a reuse economy. Like cradles, strollers, toys clothing etc. And the second hand market for this could absolutely be denoted and traden in bitcoins, if not for anything else so for fun and to at least get something growing.

I was encouraged by this and I'm sure there are more exciting ideas, I just wanted to share this to get the ball rooling.

Prep the next gen for what's comming! You are the informers and builders on this!

Best of luck to you and your families!
#bitcoin #future

nostr:nevent1qqsxjxpzqnwg8j0xf4655jfccrvcqpeyax2e54sxgwry9ltsesquzngpp4mhxue69uhkummn9ekx7mqzyrvte7k0ekr46xtz2xcwnlxkjvhevr3zu3wnumxy3jycj9a2jaj9kqcyqqqqqqgrcus3f 
 Can confirm. Carried our 1yo around for three days straight. Bitcoin builds stronger families.  
 🫶 
 Glad to see you again Tomer. 
 🤌🤌🤌🤌
nostr:nevent1qqsxjxpzqnwg8j0xf4655jfccrvcqpeyax2e54sxgwry9ltsesquzngpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqzyrvte7k0ekr46xtz2xcwnlxkjvhevr3zu3wnumxy3jycj9a2jaj9kqcyqqqqqqgscen7m 
 Families and kids were definitely the major change in Madeira compared to other conferences. 
 Bullish on Bitcoin families