Chris Stark

Sometimes the scale of what our ancestors built for us to remember are hard for us to comprehend. Not only should we strive to be the next generation of caretakers but also remember that this is what we are building for a generation far beyond our own children.

Sometimes you just want to stand on the table.

My fiat life revolves around real estate consulting and working with developer's looking to build things (apartments, industrial buildings, shopping centers, etc.). Even when they get returns that are great by conventional measures, I'm constantly thinking "Why don't they just buy 600BTC, stick it in cold storage for the same 10yr hold and get like 9x the return with no risk or effort instead of a dramatically lower return from this highly speculative over-leveraged financialized real estate product that only works because I can get them a financial incentive." I really don't think people are ready for how BTC is going to break real estate.

Strong towns are resilient. They don’t bet everything on federal money and fragile systems. They grow from the bottom up, incrementally, with a feedback loop between public investment and community value. They don’t build for prestige. They build for people. ~Chuck Marohn

nostr:nprofile1qqs03ekxgdp0rczjfqrrpcn7zqtdec6lcwnpfesyxnl0f239qvege2gpp4mhxue69uhkummn9ekx7mqpz3mhxue69uhkummnw3ezummcw3ezuer9wc9dqmsh you have been warned!

"When cities build their future around the hopes of distant aid, they make decisions that prioritize outside approval over local needs. That’s not strength. That’s dependency." "A strong city doesn’t mean a wealthy city, or a growing city, or even a city with all the answers. It’s a place with options." https://www.strongtowns.org/journal/2025/4/21/the-opposite-of-strong-isnt-weak-its-dependent While the focus of the article is on cities, the same could be applied to individuals. "A strong individual doesn't mean wealthy or ripped, or brilliant. It's a person with options." Stack sats to have options.

I specialize in Municipal Finance and something that has forever infuriated me is that folks are more than happy to spend the debt to build a bridge or other piece of infrastructure but then never bother to set aside the money to maintain or replace it in the future, expecting future generations to not only choke on their long-term bond debt load from folks not wanting to pay the price now but also for fixing their expensive overbuilt decisions down the road. The idea of time-locking a reserve of BTC on a release schedule over the life of a piece of infrastructure would flip this paradigm on its head by committing to not burdening future generations but instead throwing our present energy far into the future to fix it when the need eventually arises. By incorporating a time-locked 5% reserve with a clear release schedule, you could plan for the periodic maintenance and the eventual full replacement. If it was in a multi-sig setup of multiple local officials (DOT commissioner, budget director, CFO, Mayor and head of council for example in a 3/5) so that funds were responsibly allocated to the project on release you also help future capital planning for the City and make things easier rather than harder. Below is a sample disbursement table with simple math to illustrate the concept. I would love some thoughts from folks as Bitcoiners are one of the few groups with actual low-time preference decision making mindsets. nostr:nprofile1qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcp2amhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c33wv6hjufkwaskgamj0pjx2drvdpn8xdfkvahrvdrgwaa826rwvesnvu3ed44rgdekwg6hxdrgdd6ku7n80fchyuekwymh5qpqs5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqjx5gu2 nostr:nprofile1qyxhwumn8ghj7cnjvghxjme0qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcqyrtl8gkckam5xwfxugu46v2e3yhgg70gwx5qpeqp7prlkz9dzlejkvg2vts

nostr:nprofile1qqsd0uazmzmhwseeym3rjhf3txyjapreapc6sq8yq8cy07cg45tlx2cpp4mhxue69uhkyunz9e5k7tcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7atfzq3 ever since you guys first talked to Michael Dunworth about the idea of time locking Bitcoins in the future for people to find I've been thinking about how Cities could use it to responsibly maintain long term infrastructure projects. https://youtu.be/dx-Fxcz3xPk?feature=shared Build a new bridge for $100M with a 100BTC reserve that is time locked on a 10 year release cycle for repairs with a replacement kicker arriving in year 70 as the final unlock. Actually throw our current energy forward into the future instead of just stealing from our children with costly long-term bonds just to build it and never setting money aside to fix the things we build.

nostr:npub1zzmxvr9sw49lhzfx236aweurt8h5tmzjw7x3gfsazlgd8j64ql0sexw5wy is a man of his word. These just arrived in the mail and I'm looking forward to trying them out tomorrow. Thanks again!

Note to self, next time you want to buy some soap from nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq32amnwvaz7tmjv4kxz7fwv3sk6atn9e5k7tcqyqgtvesvkp65h7ufye28t4m8sdv7730v2fmc69pxr5tap57t25ra73uq723 , remember to check your spending lightning wallet's balance first.... got there eventually.

nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z I loved the recent conversations about Microstrategy. Given that most folks are focused on the Treasury value only, I was wondering your thoughts on their ability to use things like Amboss to generate sats streams on even a small portion of their holdings and what role the "Bitcoin Development Company " plays in our broader ecosystem's evolution. They seem like one of the sole sources very large institutions will have available for a counter party that can be trusted.