Had a BLAST w/ Steve Lubka @Steven Lubka in BCB125! ⇒Inflation misconceptions ⇒What #Bitcoin  does (& doesn’t) protect against ⇒Pitfalls of command & control economies ⇒#BTC  for HNWI ⇒Sunning our 🍒 🎧 image
-#Bitcoin is bigger than you. -Bitcoin is bigger than your opinions. -Bitcoin is bigger than what you think bitcoin should be. When a change u want made on #btc  doesn't happen, don't get butt hurt. Nobody controls this thing. Consensus can be uncomfortable. Deal with it.
The most outlandish display of overconsumption in the world today is hands down CARS. A huge % of people are under-saving in large part because of what’s in the garage. We’re all about nice shit, but only if you can afford it. Dare to be different & do some basic napkin math.
Sleep fucks hard.
Fast forward 40 years. ...The world runs on a #Bitcoin standard, and governments are largely uninvolved in influencing the supply & price of money. What happens to interest rates??🤔
I still hear people calling #Bitcoin a bubble. Sure, it might look that way on a 2.5 yr linear chart, and u can say the bubble inflates & deflates — but u can’t say it pops…because it just keeps getting larger when u zoom out.🤷 Stay on the sidelines at ur own risk. image
What are you reading right now?
Violent move in rates—why hasn't more broken?🤔 Luke Gromen makes a key point in update below: Intervention HAS thwarted deflation—trapeze artists can't get hurt when the net is always there. BUT...what are long-term risks of the perpetual Fed Put???
The Happiness of YOUR life depends on the quality of YOUR Thoughts - Marcus Aurelious
Orange Pilling can be INCREDIBLY challenging & frustrating. We explore why w/ Austin Herbert in BCB120. →#Bitcoin inception. →Why fitness doesn’t have to be difficult. →Boat Day Drinking. →Camel Toe Ego. 🎧 image