Reminder: even with one's purchasing power increasing, it doesn't change the fact that physical real estate is a terrible store-of-value vs Bitcoin. The nice house one starts to eye up, will be even cheaper, in just a few short years. Make renting work
As the Bitcoin price has surged, I've had a bunch of friends reach out to me
Often with such simple questions, which are not only easily answered, but also re-occuring
A handful of threads are great "customer discovery" proof-points for building some kind of product
Shout out to:
- The Chinese government
- Block-fi
- Celsius
- FTX
Their efforts in 2022 helped me to accumulate far more Bitcoin than I would otherwise ever have done
What a horror show bear market that was, but decisions back then are paying dividends now
The old investment adage, "The time to buy is when there's blood in the streets", once again proving on point
I've made one other investment in 2 years, which is for a pre-ipo Bitcoin infrastructure company
A very small allocation
Otherwise I've not found a single thing I was confident could beat Bitcoin
Loved this conversation guys 👏👏👏
In particular this concept of “intervention” as something to not just be examined, but also fundamentally questioned
Another Bitcoin podcast for the win!
https://fountain.fm/episode/ypE2H6IBSDWihsZmOP0V
nostr:nevent1qvzqqqpxquqzp5e7yx30ae30zv0jhgtw7g3z8ny2s5k99nlqf7a8khuykttadyxdzcy3xf
Without risk, there is no reward
Fun to see things going in the right direction though, totally agree
Many an evening wondering "oops, what if I am wrong..?"
Having been quoted 5k to 10k from a couple of branding agencies to help with designing my new podcast, I've found myself playing around with Ideogram
Cool AI tool for creating logo's
It's not that other people aren't good designers, or the cost per say, but the fact that creativity comes from within, which really excites me about tools like this
I can now drastically improve my iteration, and end product, with a superior form of technology, to create something I am happy with, which is ultimately (like any design) always subjective
AI is already changing the world
A friend just "doubled their money in Bitcoin, so decided to sell it all"
Reminder: value and price are 2 very different things, which will take a while for many people to understand
Getting a few messages from friends of 2 types:
1 - "loving this, I want to take profits, doubled my money"
or
2 - "how do I buy? what type of wallet do you recommend?"
Wider retail market not even revved up yet though...
The Australian Government is trying to tell teenagers how they should behave online with legislation being created for social media usage
I am sure their intervention will solve the problem...
Musk has done an impressive job of making X the "free speech" platform
But it's only a matter of time before the thought police come smashing down on him
Nostr is the long-term solution to the very serious problem of digital censorship
But the recent moves of Mr Musk might just slow that adoption process a little
I think it's when "other stuff" really will come into its own as the key value driver of Nostr
Really is a "pinch myself to check this shit is actually happening" time
The long hours of wondering if you're totally mad being rewarded with purchasing power increases
Amen to that
I recently wrote about the 2nd brain I am building, to help with creativity, and productivity
Here is what made it into my "Ideas Garage" the last few weeks:
- Buy jake.com. Make it a personal brand, with a focus on financial literacy
- In person podcast byron
- Lead. Literally lead. Take risk. Try more. Build what you would use. Go for it
- You are your own worst enemy. Abundance mindset pls. Self-sabotage is normal, persistent, and solvable. Train mind with Ben Gunn friend?
- Mindset coaching program for Bitcoiners with their time back, to then build companies, and invest in them
- Follow up Cheatcode messages to people saying nice to meet etc
- I want a healthy home
- Up my trading view skills - get indicator package from jigs installed
- Nostr only / first content studio
- Research multi sig options and prepare a document or notion
- Content creation studio Byron
- Focus on creating a long firm podcast
- Short form video content creation. 1 to 2 mins. Like mc in between panels. Just riff off a word / topic / subject
- Could you create a 24/7 Bitcoin podcast - different hosts logging in at different times to carry the batten?
- How can you use mid journey to create a brand?
- How do I produce a podcast with ai?
I- f you really want to teach people about Bitcoin, you need to make excellent content for free, and distribute it to as many people as possible
- At what point does my time become too expensive to justify doing MC jobs for free?
- if you wanted to creat decentralised media, would it look like Nostr?
- Should in sell more family co shares?
- How should I brand my new podcast?
- Would prospera be a good place for a VC?
- Live with your heart, more than your head. Each day you leave the house, ask your heart to turn right or left. Amp up over time
- What are my top 10 lifetime goals from now?
- Dad died of a heart attack. His dad died of a heart attack. How break the patern?
- Get over you fear of failure and learn to surf
- What happens if you just let things be? Be a dad with young kids. Be comfortable with being semi-retired, Or not working, or having your assets work for you
- Focus on finding a nice rental property. Renting is best right now
- Research the geo-engineering in Byron, why rain makes us sick?
- How do I find a reasonably priced, accessible, low tax, island to buy and live on?
- Build out at home podcast studio for 1. Stop procrastination and start recording
- In the same way that Bitcoin is disrupting central banking, does Nostr disrupt nation state beauacracy? No longer need official gov id to prove trustworthy, but a nostr digital ID. Ltd pty disruption?
- Get in better shape. You can’t beat Bitcoin re wealth. So focus on health, to then generate value. What did a weight lifter 150 years ago do?
- Revel in being a dad. Savour the early days. This is proof of work. - - Don’t worry about big projects right now
- Learn to produce house music. Jazz influence
- Double down on building a personal brand digitally. Cashflow & investment opportunities will come from that
- Why not just invest in your favourite VC funds? Why need to be a VC yourself? What insight do you have over others?
- Build a Bitcoin backed real estate development co that can access fiat leverage
- Learn to take good photographs
- Look at skool. Create a wealth course
- Build a nostr product to solve btc sessions problem
What I do next is filter out:
- fuck yeak vs fuck no
- actionable vs unactionable
- maybe later
- The One
- Diarised yes/no
The key, as I am learning, is about energetics, and creating more space for new ideas to come through, whilst hammering out a system that helps you focus in on what's actually in alignment
Lots of bad ideas is totally fine!
What's interesting also is seeing how repetitive some ideas are... Some things just REALLY want to come into existence
🙏
Thanks Nick! I will reach out for sure
36 now, and wonder if this particular instinct is well behind me
First step has been building playlist, which I've called "Audio Tourist" , as I hunt for inspiration
Setup a friend with a Muun wallet this morning
Such an awesome experience
Amusingly, he'd forgotten his Apple account login, so downloading the app needed a password reset
To then have a no-kyc onboarding experience was a great example of permissioned vs permissionless systems
He's now the proud owner of $50 aud of Bitcoin
Interesting to see what happens next, as he was talking of the pain his investment properties cause him, not just in mortgage obligations, but also the need to have a stressful job to pay for it
Wondering if he might opt for a Bitcoin standard instead
That my friend, for the short-term traders, is the golden question
My feel: I don't care, as I am long, and not anywhere near a price or timeline HODL target
My instinct: this week is going to absolutely rip
Absolutely I do. As an investor, if you don't have any idea when you can get liquidity on something, or at what level you take a profit, then you're just a gambler.
Now, as I've learnt more and more, I don't really see Bitcoin as an investment, but just a savings technology, and the best money ever accessible to man
But the investment lens I've honed over time is applicable to all area's of life. Health, wealth, etc. So I like to use it
Many think I am bearish, but in 2022 I set a August 2024 150k aud price target. We're right on track!
I looked back at my investment notes, and in July, October, and December of 2022, I made our major re-allocation into Bitcoin when the price was circa 30k aud per Bitcoin
Since then I've had to be:
- patient
- humble
- rational
- focused
- spiritual
Which can be summarised in the classic laser eyes to 100k meme... The profile pic for which I seem to have lost along the way
Quite something to watch play out in real time
Sunday night pump!
Often things are quiet over the weekend, but I think this is Asian investors getting ahead of markets opening
Fascinating to watch this week play out, as everyone will be playing catch up to early rising bulls in the east...
https://m.primal.net/LybJ.png
We've all got plenty of friends like this. Funny isn't it. Why are some people so enamoured? And others are not?
For me it comes down to the problem > solution fit. For some people, they just don't see Bitcoin solving a problem for them
And that's ok...
1000 sats
Love this kind of note. Content creation with Nostr, the ability to zap, and therefore revenue generation, is still in its infancy.
There are going to be so many novel ways of scaloing this type of thing
I already see people saying "all zaps for November donated to X" eg, ie a charitable avenue
Why wouldn't a brand team up with someone like yourself? I think they will
They key: I found this post in "most zapped 24 hours", ie people will game trying to get into those categories
Love it
Keep it up!
Ps - no need to return sats
Every Friday night I write a mini report for myself and my wife on our net assets
Not going to lie... This week's was a pleasure to put together and send to her
Shout out to all the amazing partners out there that supported crazy Bitcoin decisions
Also good reminder: when this thing retraces 50-70% on the other side, circa 2026, be prepared
What is your preferred Bitcoin multi-sig tech provider?
Looking at a few options for a friend (non-US so Unchained not an option)
- AnchorWatch
- Bitaroo Guardian
- Bitcoin Keeper
- BtcVaults
- Casa
- Liana
- Nunchuk
- Theya
#asknostr
If you're net assets are hitting new all-time-highs
Take the time to give yourself a hug
Been a long road, plenty of doubt, and restless nights
But it's so worth it now
I am sure that many kids are suffering
But the solution is surely the responsibility of 1) the parents and 2) the child
Ridiculous that the government thinks they can even help... More censorship: no thanks
On chain metrics help hugely to predict the future behaviour of HODLers
Around the 100k usd Bitcoin price we will see large sell side pressure
Good to remember when getting carried away with 10x dreams from here!
Table courtesy of the very talented @_Checkmatey_https://m.primal.net/LvZh.png
If you've spent enough time studying it, Bitcoin is so clearly a 10x on Gold
Which means Gold parity in terms of market cap remains a very attainable price target for Bitcoin
Today the global Gold market is almost $18 trillion, whilst19.78 mil Bitcoin have been issued
That would put a reasonable estimate, in today's dollars, at a 900k usd Bitcoin
Over 10x from here
Could it happen this bull run...?
The hard thing to answer is the timeline... Online I follow lots of Bitcoin content etc
In real life, when I tell people I am an investor with a focus on Bitcoin, most people still think I am crazy
Most of those people know Gold is valuable
So just a matter of time until they realise the 10x superior Bitcoin is to Gold
Hmmmm
They never say it. They say "oh I did buy some, but lost it, or sold it, surely I've missed the boat...? Are you really serious about it"
So maybe not crazy
But always apprehensive
Great question! Changes all the time...
- 1 - Australia (where I am now)
- 2 - Europe (Portugal or Greece. Somewhere close to my home in UK, but warmer)
- 3- West Coast US (watching political evolution closely, in particular RFK unleashed on big pharma and health aspect)
My wife and I have lived in Asia, which we love, but would prefer to go on holiday there then setup permanently
It's amusing to see how people react when they lose
Any game frankly
But in this case an election
- "We must fight the diss-information"
- "We must censor speech more"
- "Sharing information online is the problem"
Sure, the playing field was the problem...
Good reminder: treat others as you would like to be treated
Plus: remember to approach every policy with a pinch of salt, and imagine, what would it be like if your team lost, and the other guy had the powers you claim to so badly need
Bitcoin is akin to a "veblen good". The higher the price goes the more demand increases
Which is particularly important when you consider: no matter how much demand there is for it, you cannot create more
In short: HODL on tight friends
Median house price from the last decade for one of the most beautiful spots near me
This is an area which has a median household income of $1,748 per week
Make sense...? Or is this an obvious sign of real estate with a monetary premium increasingly baked in?
https://m.primal.net/LvXk.png
Take a look at wtfhappenedin1971 (https://wtfhappenedin1971.com/)
So much good data to show how real income has diverged. This chart eg shows how it's now 10x income to house price
We see this type of trend globally
At some point it will re-correct, I totally agree, the question is when...?
https://m.primal.net/LwIf.png
Are you sure about that? Not even a small part of you censors who you hang out with?
Commendable if true
But in my experience you enjoy hanging out with people who see the world similar to you
Keep up the great work Will!
My 2 cents: onboarding is actually not bad, it's the speed having signed up. Posts don't load. Websites don't open. Can be painful...
(This is a general piece of feedabck, not specific to Damus)
The evening when you really want to have a chilled time, and book in a call witha a friend, is of course the same evening that all your children take 3x as long to get to sleep....
😅
I am late to the game when it comes to the "Free Ross On Day One" conversation
But the little I do know, what a wonderful thing that would be
Sitting in jail for your whole life would be miserable...
Thanks for adding this nuance. Of course always different angles.
From what I've read, the punishment vastly outmatched the crime, and hence the lack of justice
As to all the other "innocent"... What a mess. Heart goes out to anyone caught in something like that
Tried not to get wrapped up in the US election too much. Over-promising plus under-delivering is a trend in politics I don't expect to change any time soon... But I did get sent an IG clip by my wife of Kamala Harris taking a phone call, chatting away, talking about someone voting, to then wave to the crowd with her phone clearly on photo mode, so the whole thing was literally "fake news"!
You cannot make this stuff up
WTF
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