Proof of work.

My friend is a hedge fund manager, he is super butt hurt over #mstr. He's about 15-20 yrs older than me. I've talked about it with him about a year ago, but haven't mentioned it since. He continues to bring it up and tells me I'm an idiot for not hedging it. Now he's telling me he's going to short it. I could be an idiot, but I'm still gonna continue to buy more mstr and #bitcoin like a psychopath.

@preston today's MSTR podcast was a banger. Helped me get clarity on the gestalt, because frankly, it's a hated security right now. The key point for me was that MSTR holders need to understand #bitcoin and security analysis. In some ways this stock is the culmination of listening to TIP, reading Berkshire shareholder letters, and studying value investing, which I did for many years before learning about #bitcoin. Thank god for you and TIP. Any folks on #nostr that haven't discovered this show yet, need to incorporate it into your information diet.

Apple Podcasts

BTC217: MicroStrategy 2025 w/ Jeff Walton (Bitcoin Podcast)

Podcast Episode · We Study Billionaires - The Investor’s Podcast Network · 01/15/2025 · 56m

Yesterday I met an appeals judge for NYC business summonses in the sauna at my gym. To me, this is basically my arch nemesis incarnated. Not only does this agency, tie me up in bullshit head aches, but it's usually draining my wallet too. He was nice enough and wanted to engage, he asked me what I do, and when I said, "restaurant business," he quickly realized our career paths put us on opposing sides. I took it as an opportunity to let the guy know (in a civil way), how insane and onerous the implementation of law on SMB in NYC is. When I told him I thought that imposing heavy fines on business operators could eventually drive away talented independent entrepreneurs and leave only big corporations to operate in the city, since they are the only ones who can absorb the government imposed costs, he said that I sounded like Trump. lol. However he mostly agreed with me, and he made some good points too, but my takeaway was, how amazing is this country that I can meet an appeals judge (someone with power), get into a heated discussion (no sauna pun intended), about the minutiae if nyc business law, and part as new friends. I am bullish on democracy, and I'm bullish on saunas. It was the longest I've stayed in 😂.

It's crazy how quickly #bitcoin snaps back on these dips. We started the day around 90k and ended around 94-95. That's the nature of the asset but still surprising to go through it. Needless to say, I was a buyer this morning, so I guess I moved the market.

Incredible human being. Very inspiring. From homelessness to star VC, Cyan Banister is a force of nature, and a breath of fresh air.

Apple Podcasts

#780: Cyan Banister — From Homeless and Broke to Top Angel Investor (Uber, SpaceX, and 100+ More)

Podcast Episode · The Tim Ferriss Show · 11/27/2024 · 2h 52m

Feels like the price is getting ready to tank. These stagnant weekends are always eerie. #bitcoin

Listening to some Antibalas.

I really want to create a cpg product called "the dip," so I can market it on NOSTR. I will have a link and say "buy the dip" with a link to the product, every time #bitcoin dips. That idea is worth at least 1 million satoshis.

I don't have a lot of possessions compared to my friends/peers, but i have a lot of books. I don't read them anymore and don't really need them. I'm thinking of selling them to buy more #bitcoin.

JS Bach was the genius of his time and most of his contemporaries didn't realize it. He was "rediscovered" and repopularized by Mendelssohn about 60 years later. Satoshi is the genius of our time, and I am grateful that we all get to live through it and experience it. And there are a select few of us that understand his genius. Stay humble. #bitcoin

I've been thinking about how to incorporate BTC into business as a collateral tool. I know there's a company doing this already, but that's like saying " I know there's a bank already lending money." I think it will become more pervasive. But there is still opportunity for those that actually understand both business and BTC. #bitcoin

Merry Christmas! Tonight was also the first night of Chanukah. I was pleasantly surprised to see this chocolate gelt with a #bitcoin symbol on it.