Lau's avatar
Lau
lau@nostr.report
npub1t2wy...8c2u
#bitcoin #nostr
Lau's avatar
Lau 1 year ago
For people who say it's bad to be in debt. The credit system is still dominating our economy. If you're not using financial repression in any way as a tool to stack #Bitcoin, you're missing out. View quoted note →
Lau's avatar
Lau 1 year ago
If you're buying something without a loan: You're fixing the amount you're paying nominally in a #bitcoin denomination. This is a poor choice right now, because you're betting that Bitcoin won't go up more than the percentage of the interest you'd pay over the period of your loan. Just make sure you can afford your installments and make up your own mind in stead of treating this perspective as advice.
Lau's avatar
Lau 1 year ago
Keep time free in your workweek to scout for what you really want. Make a realistic wish and spend time on that wish, just focus on it. Once you spend time dreaming about what you want, you're automatically going to look for it. You need to be looking for what you want, otherwise you will not see it when it comes. If you're constantly working and constantly on your phone when you're free, you will not see the opportunity when it arrives. This preparation also enables you to be ready. For example if you want to own a house, you'll need to check out mortgage rates and market cycles, real estate prices and average prices in neighborhoods, but also refine your taste. Then, when the time is right you recognize opportunity. Because if you hadn't done all that snooping around and wishing for it, you wouldn't even recognize the opportunity.
Lau's avatar
Lau 1 year ago
The first time I started working I realized what the requirement was. I was selling my time and working itself, created an upkeep. So part of my time was going to working, so that I could work (taxes, buying a van for my tools, the tools themselves, insurance, renting storage for my materials, etc). So my first reaction was to ask how little I could work so that my upkeep became smaller? I cut costs by a lot so I could own more of my time. Working less also meant paying less taxes, and less risk of getting injured. This resulted in having a lot of time with no clear purpose but just a feeling of being liberated, and boredom. Being bored helped because it wasn't fun. It made me realize I loved working, but what I needed for it to be fun was autonomy. So that became the goal. I adjusted my mindset to focus on the goal. It landed my lap not because I was lucky but because I was ready for it. View quoted note →
Lau's avatar
Lau 1 year ago
Did you know you can buy a house and #bitcoin at the same time without spending any of your bitcoin? One of the conditions of the credit system is that you can borrow money in the form of a mortgage. Inflation will make your mortgage more affordable over time. When you buy a house that requires some work, you can borrow more to fix it up. When you do most of the work yourself you can buy a lot of bitcoin with what you borrowed. If you then just hang tight for four years, pay your installments, hodl your bitcoin, you can enjoy the benefits of both. Just stacking bitcoin with your income works fine, but stacking with a mortgage is probably going to give you a lot more bitcoin. This is not advice, but it is an option you have.
Lau's avatar
Lau 1 year ago
I retired at 37 because I became the autonomous owner of all of my time. I think everyone would benefit from going through this process. Retirement doesn't mean end of career, it just means 100% choice. Once you own your time you can sit and think. Creativity requires you to sit and think, be bored, start working on what you believe in.
Lau's avatar
Lau 1 year ago
You work your ass off. The return isn't great but you plow through anyway because you lack an alternative. You're selling your time. You're selling so much time that you don't want to think about anything when you're free, you just want to be free. You don't think about #bitcoin.
Lau's avatar
Lau 1 year ago
Internet adoption went slower than #bitcoin adoption because the Internet didn't have the Internet but #Bitcoin does.
Lau's avatar
Lau 1 year ago
Is the Department of Government Efficiency (DOGE) some fancy rebranding of austerity? Of course cuts need to happen, because efficient use of government institution is a priority. Less is more. But still, I think DOGE is being framed as something more than it is.
Lau's avatar
Lau 1 year ago
Modern day slavery come in monthly installments. image
Lau's avatar
Lau 1 year ago
I think the revolution is each country discovering in its own way what the best #bitcoin strategy is, or the lack of one. As a result, some nation states will not last as long as others, and that’s a good thing.
Lau's avatar
Lau 1 year ago
Satoshi Nakamoto changed the rules of the game by introducing the world to #Bitcoin. Those who read the rules have started playing. Those who haven't read the rules yet are still playing by the old rules.
Lau's avatar
Lau 1 year ago
If bitcoin can't win on its own incentives it will never win. Fuck your president and his shitcoin stockpile, fuck your state and fuck your nationality. Bitcoin doesn't give a shit, nor should you. We are in this together, wherever you live.
Lau's avatar
Lau 1 year ago
When you're pro SBR, you're partisan to the US government to outlive you.
Lau's avatar
Lau 1 year ago
Just because you're a squeaky wheel, doesn't mean you're the one to ask.