Fiat is just a tool with serious limitations. I use it as needed to stack Bitcoin. I’ve found that unless I’m very deliberate and very careful, Fiat becomes a huge distraction.

"Bitcoin is radically inclusive." -Bryan Solstin

Intrinsic Value & the Flawed Argument Against Bitcoin.🧵1/4 Some argue against Bitcoin, claiming it has no intrinsic value. What is intrinsic value? In finance, there are different ways to calculate intrinsic value, but at its core, intrinsic value means an asset has 1) value on its own or 2) real, underlying worth. i.e. a value beyond market price. Is intrinsic value even real?

Planned obsolescence is the worst modern invention of all. More evidence of the fiat mindset that grips the world. View quoted note →

You don’t get this level of clarity from most Bitcoin treasury companies. Investment in them is NOT owning BTC. View quoted note →

To my friends in the Bitcoin Army, this may be the most important video about Bitcoin’s future I’ve seen. Don’t be naive, action by Bitcoin Core have consequences. Choose Knots for your node. Thank you Bitcoin Mechanic.

Part of life experience is knowing what not to do. - Sharon Eubank

Recently, a client received their annual token call from their 'financial advisor' who let them know it was time for portfolio rebalancing. This rebalancing would result in significant capital gains & taxes. I'm grateful she thought to reach out before approving the moves. Having previously been series 6, 7, 63, 65, and 66 licensed, I am familiar with the SEC rules and the minimum services that need to be provided to justify the management fees and the ability to claim 'fiduciary' status. I provided her a few questions for her 'fiduciary' advisor to help her make her decision. Here's what the professional's answers yielded. 1- The suggestion to 'rebalance' the portfolio was based solely on percentages of assets held in stocks vs. bonds and her age. 2- The proposed moves were not based on portfolio winners and losers. 3- The proposed moves were not based on hot investment tips generated by the large and well-known firm's market research division. 4- Her personal needs for cash and her likelihood to draw on her investment account were NOT considered. Knowing that she doesn't need access to the funds, she decided to temporarily forgo portfolio rebalancing because she feels she has the time required to bear potential stock market risks and fluctuations. Shockingly, she is paying almost $20K per year in management fees for this paltry level of service. For the privilege of having a 'fiduciary' manage her finances. I get it, some people don't want to learn about investing or make their own decisions about what to invest in. But do they really need to pay a nearly 1% management fee for this level of service? Knowing that the large firm is taking a good-sized cut of the management fee, how many hours of personalized service should an investor receive from a fiduciary? How about 20 hours? More? If you're paying a percentage of assets under management for a financial advisor, you should consider the minimum amount of service you expect for the fees you're paying. You're paying the fees, let them know your expectations. This is financial advice. 😉 One thing is for sure, the financial advisory system is seriously broken. Frankly, it disgusts me, and I'm glad I left the industry many years ago.

Part of life experience is knowing what not to do. - Sharon Eubank

Consistency in effort yields great benefits.

I completed my magnum opus.

Does this count as manual labor?

Orange pilling others can be rewarding. Especially when it's someone you care deeply about. Throwing out a little average return nugget can be helpful... Something like... "Well, Bitcoin's average annual return over the past 7 years is above 80%. Maybe that warrants a little investigation. But honestly, the investment upside is not what I'm most excited about. There's no harm in a little objective investigation." Capital growth is a good hook to get attention, but ultimately, we want people to understand the freedom and sound money realities associated with Bitcoin.

Very excited for Lindey Magee's upcoming children's book about Bitcoin. It is exactly what I have been looking for and will be buying several copies. Thank you @XSTACI for the great interview.

My friend, nostr:npub10zsum2w6qv39w34fa83ttk8js793adly5g6u0ngt5e2qt6qqavtq6fken2inspired this gem... With Bitcoin, you're always buying the bottom, because "it's going up forever, Laura."

@fitpaula3 recently interviewed Rauri and this gold nugget was revealed... "You can choose to take the orange pill now or be forced to take the orange suppository later." Love it!

There’s no rhyme or reason to my Bitcoin strategy. If I have extra Fiat, I just exchange it for Bitcoin. My goal is to be Fiat poor and live the Bitcoin Standard. I mainly use River, Strike, or CashApp to convert to BTC. Nothing smart, no leverage, no fiat games, just liqudate my Fiat as fast as possible.