Acquiring more bitcoin via hosted miners is really just a tax strategy right? Borrow money to buy the miners, tax deductible. Depreciate the machines, tax deductible. Running costs, operational expense, tax deductible. Stacks sats and hold for long term, no tax. #mining #tax

GM Nostr. Remember to get a bit uncomfortable today. #sauna #gmnostr #proofofsweat

Opening Signal for the first time in a while and seeing your existing phone contacts who have Signal accounts is very illuminating. It’s like “I know why I’m here, but why are you here?”.

The fun thing about Nostr is the feeling, temporary as it might be, that no one’s watching. I’m posting to the void without an established meta, a formulaic pattern of success or a big bad overlord. Like the anxiety of the last 15 years of social media has lifted off my shoulders and I’m back to posting on my MySpace page. Whatever I want, in whatever flavour I want. All to the theme song of whatever I thought was dope that week.

When the waiter asks you “you mean the dish with all the chillis?” maybe take the hint. This Szechuan chicken FUCKED me up. God damn. How do people just smash this?

Anyone out there providing multisig joint custody with easy bitcoin collateralised loans? Like just a few clicks and I’ve got a loan against a portion of my existing stack? #pristinecollateral #bitcoinloan

Did the ultimate long time preference thing. #married #wedding #lfg

Is anyone making a Fedimint based exchange? Send exchange $, they purchase BTC to back up your purchase, you get your BTC balance updated on the exchange’s Fedimint, you’re free to transfer out at anytime? Exchange handles the complexity fedimints, lightning channels etc. users get cheap transaction fees and a quick path using their sats. #fedi #fedimint

If you’re worried about your boomer parents pissing their retirement money away in a pokies machine, just buy your own machine, install one it in their house and have the money go to your bank account. The “Die with 0” generation gets what they want, and you get what feels like a parent who loves you more than they love themself. Everyone wins. #boomstr

Bitcoin creates a meritocratic system where those who produce more than they consume are rewarded, and those who consume more than they produce are punished. One set of rules for all to play by, no ability for wealth via fraud or deceit, and no bailouts for the incompetent or inept. #egalitarian #fiatfuckery #inflatedeeznuts

3blue1brown still has the best Bitcoin explanation I’ve found, time for my yearly rewatch 🍿

My not-an-expert 2 sats going forward: A) stablecoins acting as full reserve banks will create a drop in leverage over time, creating a rush out of speculative assets into yield bearing stablecoins. Dollar eats eats everything. B) Stablecoin issuers like Circle and Tether get mega filthy rich on treasuries yield and become shadow government style organisations. C) Bitcoin keeps on trucking as the permissionless alternative, price probably gets a bit more boring and gold-like. Not mutually exclusive theories.

Next time I’ll rent an excavator, sweet baby Jesus this was hard #proofofwork #bitcoinbuilders

I wonder if a benefit of AI replacing so many administrative and bureaucratic tasks away from humans, is that humans will do more human-appropriate workloads. Less admins and receptionists, more nurses, carpenters and mechanics. More of the customer interfacing with AI to communicate their needs and to facilitate the work, while the humans are actually doing the work.

Getting juiced for Winterclash Feb22nd! #rollerblading #skateboarding #bitcoinsports