Dude just having a nap on the ground in old market square Nottingham, must have his cold
Storage solution on point. #bitcoin
https://m.primal.net/JWRU.jpg
Out and about on the bike today, in the dappled sunshine. All going well, until the chain broke, fixed it, rode a bit more and it broke again, finishing the ride with a rather long walk. #grownostr
https://m.primal.net/JVVw.jpghttps://m.primal.net/JVVx.jpg
Ah the mystery of the cheeky miner, placing an empty block quickly so they can start looking for the next block early and before they can replace it, another block is found. Overall less income, no necessarily anything to do with ordinals. 🫡
If there are any Madex collab looking for a home, please let me know, you got a name drop yesterday on CBP. Otherwise, will look through your web store.
FYI, 1/34.9 is the base inflation of the money supply (annualised that is 1\34.9 multiplied by 365/100). Actual inflation is that plus bank lending. Inflation is caused by the creation of money at no cost.
Watched Mark Moss, and if we’re doing a speculative attack, should probably borrow fiat against the stack rather than selling it, and paying cap gains.
The result, from the 2017 top, with debts, the stack is still 51.6btc and taking away the debt, that is worth $2.5mill compared to $1.5mill with no fiat debt., starting in 2021 top, you still have 14.8btc and accounting for the debt, you have a stack of $712k, compared to $620k if you had sold from you stack. #bitcoin nostr:note1mgayq636gnkauu7vzt4lvkuxa3zjgt0hdceh9m43600n745tec8sgqmdw7
Gm nostriches, pre six am morning so taking the chance to finish off price of tomorrow with a #coffeechain. Marginally scorched milk…… #grownostr
https://m.primal.net/JTdG.jpg
Gm nostriches,
No mopy post about missing him over the past 6 years, just thinking if I’d just come back from a walk with him (even in this morning’s rain) and he’d barked incessantly because he was so stoked to spend time with me, I’m confident (certain) my day would be just be a little better. #dogstr stay humble, stack pats. Miss you buddy. 😍 https://image.nostr.build/c60824387885f3937834c0d525cb90dc233f7ce972623f1f3133d6bec09ccd95.jpg
After reading some rather mainstream takes this morning, spouting “deflation is not desirable either” gfy, going full Austrian this afternoon and the logic is calming me like a cool breeze on a summer’s day. #bitcoin
https://m.primal.net/JRjO.jpg
Just been told that even though students have gone home, there are no doctors available to look at a picture and maybe give a repeat prescription for my daughter. And for the love of god, don’t recommend 111, absolutely waste of resources. Well done NHS, you’re fucked. Very very glad I’ve just got very reason private healthcare sorted…… just wondering if it qualifies me for a discount on my tax?
“So you fell off your bike and broke your collarbone, I don’t know why you might be vomiting with massive stomach pains”, in hindsight, concussion was obvious, silly me for thinking a medical Professional would have been able to see the link.
When someone asks “are we going to have a green or a red week?”, I look at them, confused, wondering what they are talking about. Then I reply “well green obviously, I’m buying, not selling, my balance is always going up, every week is green” #bitcoin
https://m.primal.net/JRWd.jpg
Gm nostriches. Busy weekend but didn’t fall for any distraction, I may be English, but I didn’t watch the circus 🎪 last night. I’m not being part of their system. Bread and circuses for the masses worked in Ancient Rome, but surely we’ve progressed. Much prefer some #coldcard based morning education with @BTCsessions and #bitcoin
https://m.primal.net/JRPI.jpg
Found out that all module leaders completely rolled over& gave up what made the module actually add value to students (critical thinking) through one to one support to solve challenging learning objectives.
They discussed but basically because management said so, they agreed tk make every degree less valuable so students can pass with the same old ChatGPT answers.
Thinking about it, they had to do what they were told,because they need the job and to continue to contribute to their ultimately worthless pensions.
I have #Bitcoin, I don’t think I have to, I’m not accepting this bull shit.
Time to become the unwavering remnant, unwilling to be diverted from the true pursuit of success, learning and actual teaching of the next generation.
Will my bitcoin help me start a new learning institution? Hmmm, who knows, but I may not be sticking around in my current one for long. https://image.nostr.build/e29a6797a424c782b6ab5661cc8c2bd9cac28c537fe0c140f8c306e63f97ca49.gif
Gm nostriches. Chilly morning #coffeechain with a blurry #catstr on the shed. The weekly review of news in the week is rather sobering, Thames water being shit, more support for unions from the new government, Rachel Reaves promoting “growth” and all the shit labour threaten to do to uk taxes. Don’t want to be a doomer, but this shit ain’t going to end well. Got #bitcoin? https://image.nostr.build/39333c65d7deab488a9c91711decf7d1b68f082eba9e70b2f6af59c5d66bbd64.jpg
What happens when we continually add the newest books in a library& push the “classics” further &further back into quiet corners?
We promote the latest fashions, promote non “heros”, fears of the unknown enemy (the next covid) & normalising minority subjects.
Where are the stories that presented the hero’s of yesteryear that helped define and embed culture for hundreds of years? Where is Ayn Rand? Too right wing, too individualist? The people who control the books that are in the library can control the culture?
In 1885 Johnson wrote theory of self effort and outlined how books helped us connnect with the minds of the greats, share their journeys, learn from them. FYI, gangster granny probably won’t help your personal growth!!!
Also, while a few Lionel shriver books, Interesting lack of #bitcoin books, feel like doing some guerrilla book donations by hiding a copy of #thebitcoinstandard there. Then maybe get @saifedean to do a talk for the Luddite Nottingham folks? Also, learn #Bitcoin https://image.nostr.build/d24223af03b4dd3434663cdaf4012513fa380d6f5fde917b0f9a8144324ffabe.jpghttps://image.nostr.build/48f9bf7c6039d7a0e3b3829e077a765e5f2f3d96560b7fa3c3cf0c021e7850eb.jpg
One week of a uk labour government and we’re already got to the releasing prisoners who have completed 40% of their sentence stage, without which, “the prison system will collapse”, “we had no idea how bad it actually was”. Fucking catastrophizing and emergency measures just because they can.
Things are not stable now, this is going to get a whole lot worse.
https://m.primal.net/JOPk.jpg
So, ever wondered the size of the stack you need to reach to be able to live off it indefinitely?
@Jeff Booth says if you can life of 5% of your #bitcoin stack, it should be sustainable, so 2023 median annual US income $48k, round up to $50k, so, if that is 5% of your stack, you need $1 million stack!!
But the question is, what happens if price falls after you start living off your stack, you eat into your capital? Surely the worse case scenario would be to get to an all time high, see you’ve reached a million, say GFY to your boss only to see the value of your stack plummet. Let’s run the numbers…..
If you made it in 2017, your million dollar stack had nearly 52btc, even after the 2018-2019 and covid crash, you’d still have 26.3btc today (you’re gonna make it)
If you made it in 2021, you’d have stacked 14.8btc, and today, after living a relatively frugal, but free life for the past 31 months, you’d still have a bag of a little under 10.8btc (620k), no Saylor stack, but when things start running, you may even be able to up your living expenses
Compare this with getting into bonds after the GFC, collecting a 0.15 coupon, you’d have needed a $33million stack to live off, and then your capital would have been destroyed with rate rises. Just a thought.
Now, just look at your house, do you have enough equity in it to buy 10btc to catch up with our friend from 2021? Could you downsize your current place to buy some freedom? Oh yes, the dream just got a little closer.
https://m.primal.net/JNyc.pnghttps://m.primal.net/JNye.pnghttps://m.primal.net/JNyf.png
Gm nostriches, staying humble this Friday and mining the coin, before heading to the fiat mine, to 1) potentially tell the boss to gf himself, 2) assess some students and 3) complete a #bitcoin pension spreadsheet and then run some scenarios. Have to do 2), probably should sort 3) before getting in trouble doing 1).
Now how long will the mileage on my 10 year car stay under the USD denominated price of #bitcoin (I don’t drive that much, particular when in the first year it had done 26k).
https://m.primal.net/JMwc.jpg
Interesting chat on what bitcoin did with guys from ledger, however, I still have two ledgers that I emptied and will not use again and a brand new one, sealed, that will never be used (might gift to my boss, because he’s a prick). Key management is something you take personal responsibility for, not outsource to a company that can be captured, imho. #bitcoin https://fountain.fm/episode/yfxwK42UmwxzAtqwyFEQ
Massive thanks to #coldcard for getting my awesome new hat to me super quick, and those calculators you were able to include in the package are super useful for adding stuff up and dividing (21m/♾️). @NVK #bitcoin #honeybadger. Now to sort a coherent response for when my daughter asks why, ah, resilience and tough, how I like both my badgers and my money. https://image.nostr.build/bed1f1b6775833b920ff0bc77148dccc164c450d0adf448a6af1f7b32eb3bcf1.jpg
Family wanted an unhealthy dinner last night so happily grabbed a 16oz rump #steakstr from Lidl. Very very thick, didn’t have quite the time to get to room temp or season, but was amazing. So much flavour if a touch blue in the middle. #grownostr. Tonight, beef shin and oxtail combo. https://image.nostr.build/8b569b9f2abef3cd8a569ee088f9c93c320f85c4cdb5570c10670b6f63ae8782.jpg
Oddbean new post about login | logout
Notes by DugandRupe | export