Anytime we start getting ideas about leveraging #Bitcoin, 2 things are true: 1️⃣It’s a bad idea. 2️⃣#BTC is RIPE for a pullback.

We’re talking to @BTC Sessions on Blue Collar Bitcoin tomorrow. What #Bitcoin tech or other topics do u want the 3 of us to explore?

Seeing people chain smoke cigarettes makes me genuinely sad.

Money is the preservation of hard work, and #BTC is fundamentally designed to preserve hard work better than any monetary technology in human history.

Erik Casan @erikcason brings the PASSION this week on Blue Collar Bitcoin. ⇒Journey from Socialism to Anarchy ⇒ #Crypto camouflage for #Bitcoin  ⇒Anarchy is NOT what u think ⇒Satoshi’s Legacy ⇒Badass farmers ⇒Erik's Militia https://fountain.fm/episode/rpqUNoOyMnrKZi8rs71T

Don't get fat. If ur already fat, get less fat. We say this because we care about you. Fat people are limited in life, and statistically, they die much earlier. Reaching ur potential doesn't include being 40 plus lbs overweight.

What still confuses you the most about #Bitcoin?

Five suggestions while explaining #Bitcoin to friends & family this Thanksgiving.🦃👇 1️⃣Chill out. Most people are turned off by overconfidence and hyper-verbal explanations. 2️⃣Stay humble. People been saying stuff like, “I told these idiots to buy last year at 16k.” Ok…yeah…but you were likely barking just as loud the year before at 59k. They are still skeptical; rightfully so. 3️⃣Start small & slow. Give them ONE digestible resource they might actually have a chance of looking at in the future. 4️⃣Consider actually listening. Let others talk. You don’t have everything figured out. #BTC doesn’t solve everything. 5️⃣Stay optimistic & hopeful. The world isn’t “completely f**ked.” That’s not most people’s experience or feeling, and it’s not a tone most respond to.

What’s truly paradigm shifting is a digital form of value with a COMPLETELY and PERPETUALLY reliable number of monetary units. There is only ONE protocol remotely close to accomplishing this. #Bitcoin

👊Fresh chum for the bullish water Advice for those who have yet to experience a bull market. The advice we wish we had in our first bull market. ✅EDUCATION is key ✅Nobody knows the future ✅Lower time preference ✅Trading is masterbating ✅Mexican vacations ✅Shitting in the woods https://fountain.fm/episode/AN7dxjGjD8eyiAq7M02c

Rock solid life lesson in this clip.

Paul Tudor Jones describing the US fiscal position.👇 “You get in this vicious circle, where higher interest rates cause higher funding costs, cause higher debt issuance, which cause further bond liquidation, which cause higher rates, which put us in an untenable fiscal position.” h/t @Lyn Alden 👇

Lyn Alden

October 2023 Newsletter: Rising Instability

October 13, 2023 Latest Content: My book: Broken Money Article: The Speed of Transactions vs the Speed of Settlements Broken Money is available in ...

If u don’t understand #Bitcoin UTXOs and how to manage them, get started. Tom Honzik has excellent articles on this subject.

How to prevent small UTXOs from becoming bitcoin dust - Unchained

For 30+ years low interest rates incentivized more & more debt — debt servicing costs were almost an afterthought. “More debt isn’t a problem” was a common mantra. Oops…sh*t got really expensive really quick.

Over time, inhibiting deflation is inflationary. Fiat enabled anti-deflationary monetary policies have compounded over decades and made today’s economy more fragile than it’s been in 100 years. Hedge the system. #Bitcoin

If u encounter someone who doesn’t at least acknowledge #Bitcoin is an interesting & potentially significant technological development, 1 of 3 things is true: 1️⃣They don’t yet understand what it is. 2️⃣They don’t understand how money actually works. 3️⃣They’re just plain stupid.🤷‍♂️

“Money is the mother of all network effects & tends to one. #Bitcoin  is the original & increasingly dominant protocol for digital value storage and exchange. For those of us who have been focused full-time on digital assets for 6 years, it’s increasingly clear that #BTC  is emerging as the TCP/IP for value — and yet, most of the world still has no idea that this is happening.” —Jesse Myers

There has never been a better time to take REAL possession of the most pristine asset on the planet. And as we like to say here at Blue Collar #Bitcoin … The COLDCARD f**ks hard.🤷‍♂️

Few appreciate just how overly monetized many asset classes are in today’s economy. #Bitcoin has the potential to be THE GREAT DE-MONETIZER. “In the absence of good money, everything else that has some degree of scarcity gets monetized instead.” — @Lyn Alden (Broken Money p. 245)

Those who avoid #Bitcoin are going to get their faces ripped off. We like our faces. Therefore, we buy #BTC.