Just finished a new substack article on money and psychopathology, check it out!

Money as Tokenized Reputation

Insights from the study of psychopathology

Today you get to choose the path you take. The path you didn't take yesterday is gone. Don't focus on the past, it's already over. Choose wisely today, because your choices will determine your future opportunities and outcomes. #motivational

The US is going 11/11, what else is on the list? Make war permanent. Make responsibility oppression. Make victimhood celebrated. #memes

facts #memes

Stock market investors are a lot different from Bitcoin hodlers. Their goal is to "make money", so when the value of the dollar falls against their stock and its price rises, they see an opportunity to get more dollars, which is their goal. So higher stock prices are always fragile, because investors view it as a good opportunity to sell. Awake hodlers buy Bitcoin because they don't want failing fiat currency. When the dollar falls against Bitcoin and its price rises, the perceptive hodler sees it as a bigger incentive to stack more and avoid the failing fiat currency. High prices increase Bitcoin hodlers' conviction, and decrease stock investors' conviction. You can't make great financial decisions while still "keeping score" by how big your dollar stack is. #bitcoin #price

💯 #memes #homestead

goals #meme

if you ever feel dumb just remind yourself there are people who owned Bitcoin and just sold it at the new ATH because "le lines on le chart" 🤣 #btc #stacking

me every day, live free or die trying #memes

The time between dystopian apocalyptic fiction and the news is rapidly approaching zero, and looks poised to go negative

Sold out our future for the most high time preference, selfish, corrupt reasons imaginable. Despicable. #economy

dipping my toe in the substack river

Money Is Not Wealth

Exploring a pervasive misconception

It doesn't take a certain amount of "inflows" (another misnomer I hate) to get a certain amount of price increase. Price is determined by what the weakest holder is willing to sell for. If one holder will sell a coin at $70,000 and no one else will sell until $100,000, the price goes $70k-$100k with zero $ of "inflows". Don't be the guy who sells at 70.

never forget #memes

facts

gm #memes

#memes

Bankers are the alchemists who won