Note to self to revisit these story lines. https://www.wsj.com/finance/currencies/crypto-treasury-e7ae573c

@Marty Bent has there been any thought to a version of Opportunity Cost that converts prices to hours of work? I’m unsure on programming feasibility, but am envisioning the individual inputting their hourly rate which all conversions would be based on. As a result, they see how many hours they would have to work to pay for the item they are viewing, providing a pricing perspective unique to the individual.

“Stop delegating your health, your finances, your job, your education, to what everyone else is thinking and telling you to do. It's beyond me that common sense and first principles are totally lost on the majority of the population. And so I'm going to share some things that are important by going all in on Bitcoin, but I consider them logical. Like, for one, do not exceed your means. If you live a lifestyle that is reliant on Bitcoin being a specific price, that's a problem. I would say, do not spend more than you make. Be humble, stack sats means don't force Bitcoin to afford your lifestyle. Your work and value you provide to the world should afford your lifestyle. Do not confuse and conflate the two. Bitcoin's price appreciation is not your proof of work. Obviously, you can, you know, at a later date, when you're comfortable, sell some Bitcoin, buy a house or something. But do not mistake in a bull run as the value you provided to the world. It can correct. And so live within your means.” - Jack Mallers The Jack Mallers Show: The Empire Needs Bitcoin: Trump Just Admitted It @jack mallers

Apple Podcasts

The Empire Needs Bitcoin: Trump Just Admitted It

Podcast Episode · The Jack Mallers Show · 07/01/2025 · 1h 3m

Found myself asking questions that @preston later asked, stopping to take notes countless times, and thinking how powerful this conversation was for anyone to listen to regardless of what bias or knowledge they may have (or think they have). Worth listening to and sharing. Also, I’m willing to discuss with anyone and share notes. BTC239 @Seb Bunney

Apple Podcasts

BTC239: Bitcoin, Psychology & the Return of Meaning w/ Seb Bunney (Bitcoin Podcast)

Podcast Episode · We Study Billionaires - The Investor’s Podcast Network · 06/18/2025 · 1h 13m

Do you ever feel like you can do anything you want? You should.

“…when you move a pawn forward, pawns can't go backwards, so never in that pawn's life will it be able to influence the squares it once was, because the squares it was influencing before are behind it forever. Now, conversely, when you move a pawn forward, it's now influencing squares that it's never been able to influence before. And so chess is this very interesting idea that, you know, a bad or good move is only with context.” - @jack mallers

As an offline password manager, the @COLDCARD Q stands out but I question the viability of carrying it around for daily use. Anyone have experience or alternatives? The idea of a purely offline option with a seed phrase backup is intriguing. The world converging towards verification would suggest demand growth for such a secure product, if it doesn’t already exist beyond the token devices that have been in existence for many years. Would not want to confound the use cases of a @Bitkey or TAPSIGNER, but maybe it becomes a feature?

Refreshing and honest.

The Peter McCormack Show: #044 - Will Storr - The Status Game: How Power, Conflict and Ego Shape Our Lives

Will Storr is an acclaimed author, journalist, and storyteller, specializing in exploring human psychology, status dynamics, and the power of narra...

@Peter McCormack @Danny Knowles

@jack Any further development underway regarding improvement to the beneficiary problem of self-custody with Bitkey? Adding a beneficiary’s fingerprint may be suitable for some, but there are many scenarios where that might not be practical.

Bitkey

How would my loved ones access my Bitkey in the event that I were to die?

We understand how important it is to ensure your loved ones can access the funds in your Bitkey wallet in the event of your death. That’s why Bit...

Focus on quality first, in all things. Use input from contrarians and those worth cloning alike as you look at yourself. TIP 687: The Art of Thoughtful Wealth Creation is a valuable episode from the team at We Study Billionaires (The Investor’s Podcast Network) with Kyle Grieve and William Green. Also worth going back to RWH052, and the episodes from which it is built. Links below. Send appreciation to the team please, @preston

Apple Podcasts

TIP687: The Art of Thoughtful Wealth Creation w/ William Green

Podcast Episode · We Study Billionaires - The Investor’s Podcast Network · 12/29/2024 · 1h 48m

#podcast #investing

Working on a household expense review in which groceries and recurring monthly expenses (e.g. internet and utilities) are priced in sats and charted over time. The objective is to monitor the household’s purchasing power in sats while monitoring fluctuations in the specific expense categories. The groceries expense is represented by twenty-six items typically purchased weekly for our household. More or less items can be purchased in any single week, but the goal is to represent the average purchase. Additionally, these items will be priced at the same grocery store and representative of the local market, not a regional or country average. One would predict the expenses that do not change month-to-month get cheaper when priced in sats over time. One could argue that all expenses priced in sats get cheaper over time. The intrigue lies with those expenses that can fluctuate widely, such as utilities. For example, a middle of the summer month compared to the same month from the prior year. As the household’s power consumption increases to meet comfort demands, and assuming per kwh price in the current year is different than the prior year, how does the price in sats compare to that same month from the prior year. Could one increase demand, while experiencing increased cost per kwh, but spend fewer sats? Initial charts and explanation will be published soon and will be updated on a weekly and monthly basis alongside analysis. Curious if others have looked at their spend the same? Specifically those who hold little or zero USD. @ODELL @jack mallers or others? If so, and the analysis is public, please share any insight.

On the intersection between digital assets, the U.S. dollar, and U.S. treasuries. https://www.soundwavefinance.com/economy-articles/how-digital-assets-impact-us-treasuries #finance #economy #economics

RHR #336 — 4.5M addresses with more than 10M sats. (0.05% of global population, assuming one person per address.) —1M addresses with 1 BTC. (0.018% of global population.) “Really puts it all in perspective.” @ODELL @RABBIT HOLE RECAP

People opt for convenience and “You deal with it for me”. - @Bitcoin Mechanic

Regarding the comment by @jack “Zaps represent the only fundamentally new innovation in social media.” How long until we see a sports team or league recognize and capitalize on this? Instead of displaying X, or other social media handles, they display and facilitate zaps. Not a novel idea, as I suspect @Peter McCormack is already well on his way here, but any team or league could compound the real time support of their players by broadcasting zaps sent to players during the game. Players get in-person support through cheers and worldwide support through zaps, all at the same time with a glance to a scoreboard or in-game statistics display. A fan in Argentina could express support comparable, albeit in another form, to a fan physically in the stadium in Spain. A player then puts weight on the worldwide fan base and facilitation of zaps as a consideration when assessing offers to play for various clubs. Same goes for venues, particularly ones that utilize livestream platforms. Revenue splits on ticket sales then expand to include revenue from zap enabled shows, thus differentiating and attracting talent. Is anyone actively working on this? I’d like to research this thought further and understand any development already underway.

"I want to put my money into something that I trust, first and foremost and that has significant utility. And that the utility is broad but also highly connected and works very fluidly." @jack Block (SQ) Q4 2023 Earnings Call

@jack mallers To drop in the Mailbag: It’s worth exploring the counter argument to understand what threats lie waiting, so what do you see as the bearish case in 2024? Number go up, hyper this, super that is great but can become an echo chamber trap. What are the risks to the consumer, business, and industry/community at this point in time? - Monetary policy - Technology disruption - Geopolitical events Respect Strike investors and employees do not want to hear bearish conversations, but transparency and a customer centric mentality is at the heart of successful companies and what you project. A deep dive into the threats you, and other leaders in the space, see at this point in time and how can the community can either prepare or help combat (through action, votes, voice, etc.) would be worthwhile.

Start at 6:50 and remember this is 1999. Thanks @Peter McCormack and @Danny Knowles for bringing this to my attention.