Mike Beatty

We have finally got the podcast onto fountain! The best online Bitcoin book club in the world (by default) starting with the Bitcoin standard https://fountain.fm/episode/P6OWky6Vv56xD1HuZirl nostr:nevent1qvzqqqpxquqzq03gd204sxmx6gpfkscjh2vart2hv2t0nfeane4xaqxk8y85s9w4we7mn0

Omg nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpr9mhxue69uhhq7tjv9kkjepwve5kzar2v9nzucm0d5q3vamnwvaz7tmjv4kxz7fwdehhxarj9e3xzmnys73re8 this video is literally describing what you’ve been saying for years… His words around 8 mins: “And this has also got me thinking, what is going to happen with all of these AI companies? I don’t see how any of them will ever be profitable because they’ve all spent billions of dollars building these data centers to create these models. The second one of them creates something that’s amazing that people like me are willing to pay for like MidJourney, then the next one comes along and creates something a little bit better and just gives it away for free. So, on one hand, this is the most incredible technology humans have ever created. And on the other hand, it feels like we’re in the largest bubble in human history, and none of this is ever going to make any money. And in fact, all of us are going to lose our jobs, and we’re not going to have any money to spend on it anyway.” Things are about to get real crazy https://youtu.be/QrY_WoleAJs

I’ve avoided joining in this discussion until now because I didn’t really understand it. So I understand why some people may avoid it- But this is without doubt the biggest risk to Bitcoin right now (IMO). We have to do the work to figure this out. I’ve explained what’s going on in the way that made sense for me- I hope it can help someone else to see it too. Thanks to nostr:nprofile1qqs0m40g76hqmwqhhc9hrk3qfxxpsp5k3k9xgk24nsjf7v305u6xffcpremhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet59uq3vamnwvaz7tmsw4e8qmr9wfjkccte9e3k7mf0yak8f5 nostr:nprofile1qqs8fl79rnpsz5x00xmvkvtd8g2u7ve2k2dr3lkfadyy4v24r4k3s4spz9mhxue69uhkummnw3ezuamfdejj7qg7waehxw309ahx7um5wgkhqatz9emk2mrvdaexgetj9ehx2ap0ege3s8 nostr:nprofile1qqsggcc8dz9qnmq399n7kp2yu79fazxy3ag8ztpea4y3lu4klgqe46qpzamhxue69uhkummnw3ezuat5dpshy6ewvdhk6tcpz9mhxue69uhkummnw3ezumrpdejz7zqwme0 nostr:nprofile1qqspqdj3we4h3ny6jhy58rs46the28uv45ucdthwlg70grg9l3vgprspz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz8thwden5te0dehhxarj9e3xjarrda5kuetj9eek7cmfv9kz7qy70ny for all their work in helping me understand this. https://youtu.be/jthQdM3ZJGE

Can anyone help answer me this spending using bitcoin question please? Taxes with FIFO (first in first out) It could mean $1000 purchase costs you $170+ in taxes What’s the answer for people in this situation? Other than move somewhere else 🤷‍♂️ nostr:nprofile1qqspv7zt4kqm0wpptmjvag9d7pre82af4qmxppujcccpp67w6lgcfjqprpmhxue69uhkc6t8dp6xu6twvaex2mrp0yhxxmmdqy28wumn8ghj7mn0wd68ytn00p68ytnyv4mqk540x5 have you come across this? #vlog 3 https://blossom.primal.net/da513a1732478e27f2d25d8f374f28f4d56c93ffec100bfcbf2d466325b40e0e.mov

3 EASY Things Every Bitcoiner Should Do (But Most Don't) First video that’s got some traction- funny enough this wasn’t even in the 10 video plan I just added it last minute because the previous one went on too long 😂 https://youtu.be/SL3D9Opu_eQ