"It's a great time to be a founder"
@Rod
Episode out this Friday
Jake Woodhouse
jakewoodhouse@primal.net
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Dad, Husband, Investor, MC, & Podcaster | Discussing financial, humanistic, & intellectual investments | Follow to future-proof your happiness, health, & wealth
An unexpected situation as a 37 year old: predominantly I spend my time looking after my kids
Bunch of people chasing fiat gains being shaken out right now
Took a loan on eg Ledn to “never sell their Bitcoin”
But now being margin called and selling their sats to cover the debt
Which was probably spent on a holiday, a car, school fees
Interesting times
GM
Some days, my wife and I feel so under the pump
Three young kids
Not enough time
Illness
Frustration
Emotion
It’s the hardest thing I’ve ever done
But then I get reminders, like just now buying espresso, the barista looked at me with the three little ones, having just done the grocery shopping together, playing games, learning to pay for things, collecting certain items, asking for things they’re not allowed…
“Mate, when they turn 18, as hard as it is right now, you’d wind the clock back any day, for these moments again”
Blessed
Have a wonderful day everyone
🙏🏻
New episode inbound
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Tune in Friday to learn how Nostr "solves discoverability"
Pleased to say a 30 minute session with @Moritz and I've got around the problems I had
I can really see the potential of a self-custodial wallet, with a node, for which you pay a fee. My plan is to have the same Alby address for @Fountain and @primal
It must have been a tough call to take @Alby off a custodial wallet path, I've certainly struggled with it as a user, but I am sure they're right that long-term it's the way to go
How often do you go through a day on autopilot?
As someone who has been making investment decisions with my own capital for 15 years
Bitcoin forces you to ask a really hard question:
“What do I now do with my time?”
For years I’ve thought about investments, run analysis, made a decision, made gains, made losses, in multiple asset classes, always looking for an advantage
But now, how do you beat Bitcoin the hurdle rate?
Serious question
And seriously hard to answer
Yes, the Gold bugs will point at recent ROI differentials
Yes, the VC funds will claim they can beat Bitcoin
Yes, the Bitcoin treasury cos will hype up their potential
But on a long enough time horizon, it remains VERY hard to beat the risk-reward of Bitcoin, when all considered
The adoption, the s-curve, the counter-party, the inflation, the debt, the financial exclusion, the open-source, the real world energy consumption
Saving and investing are not the same thing
Sound money for the digital age is here
So do you use those skills you’ve attained to actively hunt for investments?
It’s what you do
It’s what you’ve always done
But what if “Bitcoin solves the wealth problem”?
What if inter-generational wealth doesn’t need a company, a house, or a government bond, but self-custodied Bitcoin?
What if you’ve made a re-allocation which is slowly but surely doing exactly what you expected it to?
Yes, “but who will build the roads?” shout the Bitcoin treasury cos, this is the “we haven’t learnt how to refine oil yet” moment
Maybe
But maybe you don’t have to participate in the infrastructure plays
You own a portion of the network
All value accrues equally
I’ll figure it out
But no doubt, the role of an “investor” is shifting fast, obsolete in a sense
Schumpeters creative destruction in action
🙏🏻
Abundance vs scarcity
What mindset are you choosing?
w/Jason Parks
A friend just told me their close mate had committed suicide last week
He was a Dad with a 18 month old
Brutal
The pain you must be in to end your life at that point
RIP to them
"Bitcoin has given me my time back from the time thieves."
@DudeChicken
One of the things that gets me most excited about creating content on Nostr is that as you slowly compound your audience growth, for a podcast, you’re not just heard, but with zaps and value-4-value, you’re funded and fueled by an audience directly
No platform risk
Followers follow you, not the algorithm on a private piece of digital real estate
So right now 1k sats from 1 listener > 1000 followers on legacy social media
So much to build