As I think about the impact of the coming #BitcoinETFs here are some numbers.
1) #Gold ETF penetration
2) #Bitcoin EXISTING supply (#HODL and On Exchange Balances)
3) #Bitcoin NEW supply (which halves in April '24)
Interesting to contemplate what may happen if/when approved.
The last time an existing 'asset class' became ETF eligible (November 2004) the price of #Gold AND assets under management within those ETFs both went up...A LOT.
Could #Bitcoin experience something similar as an entirely new investor class can now allocate to it easily?
Number go up good.
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How I Got Healthy
13 years ago, I was headed down a dark path and knew I needed to make changes. A picture is worth a thousand words. I can SEE I am healthier (and I FEEL better). I dove in and did a bunch of bloodwork to make sure I wasn’t fooling myself. The bloodwork is very nerdy (my favorite) but gave me proof that I am healthier.
When I started 13 years ago, I didn’t have a clue! I was not a ‘fitness’ person. I was very sedentary. I tried doing all kinds of things to do better. I wasted a lot of time doing REALLY stupid things. Looking back, I now realize the first 9 years were fully wasted. I was improving but still not thriving. I was frustrated with all the information I’d read about various topics. I’m a rule follower and said many times “I just want someone to tell me what to do and I’ll do it.” That was the problem, there are lots of people telling you what to do (and most of it contradicts).
Over the past few years, I made much better progress but still didn’t have it all nailed down. During 2023 I have dialed in everything and made excellent progress on all fronts. After 13 years of trying all kinds of things, I FINALLY feel like I’m on the right path. It has been VERY frustrating at times. I’m tweaking a few small things for 2024. But I’m on a path where I’m thriving. At 51, I am the strongest and healthiest I have ever been in my life. I’ll share what I’ve learned here. Maybe it will help you (or at least give you food for thought). I’m still learning, but I feel like I’m in the best position I’ve EVER been in.
Emily's Mushrooms @ Big South Fork #mushrooms
Emily took lots of mushroom pictures on our hikes in Big South Fork (on trails to Twin Arches, Slave Falls, and Needle Arch). And most with two broken toes! That's dedication!
Music City Bikeway REDUX (Nashville Tennessee's Best Bike Ride)
The last time I did this ride (with Preston) I was untrained and "bulking" and surrendered a few miles from the finish line. I recently tried it again. REDUX! I was still untrained but I'd dropped about 20 pounds. I finished it with ease. Then, recently, I did it again with Max (his first time). REDUX, REDUX! Such a fun ride!
Deano's AllTrails Rant
AllTrails mileage is ALWAYS doing Deano dirty!
#alltrails #rant
Hiking Big South Fork - Twin Arches, Needle Arch and Slave Falls
We loved hiking all around Big South Fork. We spent a day at Twin Arches. They were enormous! I can't believe these are in Tennessee. I was arch-struck! So many 'that's what she said' jokes! After Emily broke her toes on the first hike, she wanted to persevere and finish the day's 2nd hike. We tried to beat a nasty storm to reach Needle Arch and Slave Falls. The trail into Slave Falls was spectacular. Big South Fork was definitely a favorite of ours!
Emily's Mushrooms from the Honey Creek Loop Trail #mushrooms
Emily took lots of mushroom pictures on our hike on the Honey Creek Loop Trail.
Awesome Hiking at Honey Creek Loop Trail and Overlook (in Big South Fork Nat'l River and Rec Area)
Best. Hike. Of. The. Year. Honey Creek Loop Trail (in Big South Fork) was only listed as 4.2 miles. Regardless, it took us almost 5 hours because 1) there was so much to see along the way, 2) the hiking was very hard/technical, 3) the trail was very hard to follow, and 4) a lot of the trail was in a slippery creekbed (I landed flat on my back once along the way). That might sound bad, but it was all part of an awesome experience. This was our best hike of the year without question! This might be my favorite hike in Tennessee outside the Smoky Mountains. This will also probably be my favorite video of the year.
GFY Jaime Douchebag!
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The last time #Bitcoin hit $40k vs. tonight.
Normies better wake up!
[is this thing on?!?]

DISASTERS At Big South Fork - Emily Broke Her Toe(s) and I Almost Lost My Drone
Disasters! It was our BEST trip of the year and our WORST trip of the year. A tree root reached up and hooked Emily's foot and she wound up with some broken toes. My drone decided to go on an unplanned trip and almost wound up in the Big South Fork River. It wasn't all bad, however. We salvaged things and had a great trip (including the best hikes of our year).
Bond investors rejoice! Rates are falling! Let’s go back to generational lows! Yay! Loan the US gov’t for 30 years for 4.5%. Good luck with that. I’ll sit this one out, however. I’ll park some short-term savings in a money market at 5.25% yield (<3 month duration).
If you think inflation is gonna run below a 4.5% rate over the next 30 years… HFSP! Imagine owning #bonds Certificates of Confiscation!
I don’t really like owning a money market, honestly. More than longer duration bonds, however. Back during the ‘08 financial crisis I remember the $1 peg broke on those (which ain’t supposed to happen). But if the short duration bond market croaks we’ll have bigger problems.
I’ll take the risk to earn the 5.25% versus letting some bank bend me over every month for .5%. Fuck ye bankers! I guess I could move some money to an FDIC backed version of a money market. I just don’t care that much. Keeping things simple > minimal safety/security.

I love having a genius billionaire who understands Bitcoin AND capital allocation managing my capital in a tax advantaged account.
FEW!
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Hanging Out In La Jolla and San Diego, CA - Grinde Family Trip
We spent a week with family in San Diego exploring up and down the coastline (see previous 5 videos). We stayed in a house in La Jolla. It was our home base and where I watched the cousins perform many pool acrobatics. Thanks, Mimi and Pops for shacking up the whole clan for a fun week with the family.
Tourist-ing in San Diego, CA (Tourist Stuff)
We did as much 'tourist-ing' while in San Diego, CA as we could fit in. We ate at Liberty Public Market several times and everyone enjoyed it. We went from a house in town down a tunnel inside the La Jolla Sea Cave. We watched an exciting 'bases loaded at the bottom of the ninth' San Diego Padres game at Petco Park. The Taco Stand in La Jolla was fun to watch them crank out delicious food. The Birch Aquarium at Scripps Institution of Oceanography right on the Pacific coastline had some great species. The California Tower at Balboa Park had great views of the park and San Diego. We finished the trip with a final run through In-N-Out Burgers before heading home.
San Diego Zoo (San Diego, CA)
My second visit to one of the best zoos in the nation (if not the best). It takes a full day to see it all (and I'm still not sure we did). That darn reptile house will continue to give me food for nightmares for years to come (again). [rattlesnakes are as scared of you as you are of them...doubtful...but I'll keep saying it anyway]
Max's Tomato (DeanoFarms: Week 68)
Max and I both grew a tomato plant this year. We were not having a contest, just both trying different things. I faired better than Max (because I own earth). Here is his story! The story of ONE tomato...not plant...tomato! LOL #deanofarms
Exploring La Jolla's Beaches - San Diego, CA
We explored ALL the beaches in La Jolla while visiting San Diego, CA. We hit the La Jolla Tide Pools, Wipeout Beach, Children's Pool, Seal Rock, Scripps Park, Shell Beach, Point La Jolla (seals everywhere), La Jolla Cove, and the Sea Cave. On another day we explored La Jolla Shores Beach. We even stopped at Sunset Cliffs Natural Park Beach on our way back to the airport.