Good morning, coffee.

Thought experiment: you put $1M into Bitcoin, distributed evenly throughout this cycle… How many coins will that get you?

Cost of seats at the table, @HODL Defense spending: 1. USA: 9M BTC/year 2. China: 3M BTC/year 3. Russia: 1M BTC/year 4. India: 83k BTC/year 5. KSA: 76k BTC/year 6. UK: 75k BTC/year 7. Germany: 67k BTC/year 8. Ukraine: 65k BTC/year 9. France: 50k BTC/year 10. Japan: 50k BTC/year The global defense budget is ~21M BTC/year. All models remain broken.

Infinity divided by coffee. GM.

The world is going to look a lot different in 4 years.

I’m a sucker for a good chocolate chip cookie.

Be present Have free time Give full attention Be the best dad Be the best husband Drink the wine Eat the steak Go on the vacation Love every moment Be rich

Bootstraping

2 years = 2 years View quoted note →

The arrow of time points in the present.

Not everyone has what it takes to control a UTXO.

You should be stacking harder. HNW can still buy an equivalent stack without flinching. For example, there are ~3M people with net worth greater than $10M. 21M BTC / 3M = 7 coins $700k is all it takes right now.

The first million is the hardest.