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McG
npub1eqhm...k6lz
#Bitcoin 🇨🇦 🌎
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McG 2 weeks ago
I stacked a lot of my BTC by arbitraging a broken fiat system with real estate, leverage, & cheap debt. But nothing feels better than stacking sats from monthly surplus. Fiat harvested from a broken system vs Bitcoin saved from real value created. The difference matters.
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McG 1 month ago
Best books on Bitcoin itself for new people? I am recommending The Bitcoin Standard, Broken Money, The Price of Tomorrow but want to add 1 or 2 more.. These books do a really good job on priming people for Bitcoin but I want a book focused on educating on Bitcoin directly.
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McG 1 month ago
Elon Musk has been watching @Jeff Booth videos? He finally said the loudest quiet part out loud. @Podcast clip from Peter Diamandis' Moonshots pod: Moonshot pod clip: Elon: AI + Robotics will collapse goods & services to their marginal cost of production. Prices will fall. Governments will increase the money supply to prevent deflation. https://www.youtube.com/clip/UgkxxUYY_WWIdLTOEtYTfNF_970n9AgCad4O
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McG 3 months ago
Gold market cap in USD ≈ $25 trillion. At a 2% annual gold inflation rate, roughly $500B USD is needed each year just to maintain the current USD price. Meanwhile, the marginal cost to produce an ounce of gold is falling — and robotics + AI are set to accelerate gold supply growth. image
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McG 6 months ago
Took me three years to get back to my previous all time bitcoin stack. Sold my rental property Sold my primary home Cancelled cybertruck order Bought a country communal living home joining my family with my parents. Monthly cash flow increased. Proof of Work 💪🏻
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McG 8 months ago
Just paid a designer over LN from Canada to India. His mind is 🤯 and just said to me he feels like he can just do things now.
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McG 9 months ago
Come for NGU stay for UoA
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McG 9 months ago
This is one to share with friends and family. Thx for the framework @Jeff Booth
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McG 11 months ago
If I was the US and new the current USD hegemony can't last forever I would demonetize gold and buy up as much Bitcoin as possible. If I were BRICS+ nation's I would want to signal a move to gold to force the US to adopt Bitcoin. Once a move is made to Bitcoin it would allow BRICS+ to compete in the worlds first global free market with a fair set of rules. They are energy rich net producing nations that probably feel they can outcompete the US and have the Bitcoin distribute to them over time.
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McG 1 year ago
Great rip with @Marty Bent & @Luke Gromen Game theory around the world returning to a neutral reserve asset is so fascinating and seemingly simple, directionally. First principles -> an ounce of gold will fall to it's marginal cost of production. Gold doesn't have a difficulty adjustment and fixed supply. There is about 70X the supply of gold on the ocean floor... Not even talking about space. AI + Robotics will collapse the MC of gold towards zero over time. Almost nobody is talking about this. Tricks with gold in the short term is still shuffling chairs around on the Titanic. Bitcoin can be the only true neutral reserve asset and currency into the future because of it's properties and decentralization/security.
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McG 1 year ago
If you know who this is I want to follow you image
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McG 1 year ago
.02 something soon. Prices of everything fall against Bitcoin. Stocks, bonds, real estate and especially shit coins image
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McG 1 year ago
⚡ increased monthly net surplus ⚡sold rental property, more btc ⚡put bitcoin on company balance sheet ⚡patiently help orange pill ~half of close friends and family ⚡cancelled Cybertruck order ⚡sold house, moving into a multi gen large farm house and lowering monthly expenses further Am I doing this right?
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McG 1 year ago
It feels like the DeepSeek news today is the true gunshot to the global race to accumulate Bitcoin. Once nations understand tech is deflationary and directly at odds with their debt based money system it’s over. Meaning the better their AI gets the more it will collapse their system. AI will take jobs, lower GDP, shrink tax revenues and people won’t be able to pay their mortgages etc. What better example than Trump and his top AI company CEO’s announcing nearly 500B in investments towards AI and not a week later DeepSeek is released at a total cost of ~6M+-. Nations don’t have the option to not play in the AI, energy and compute race if they want to maintain relevance. If you buy bitcoin, all currencies around the world will be getting printed into oblivion to prop up prices preventing collapse. The monetary premium will increasingly flow into Bitcoin. As your debt based money system is collapsing or hyper-inflated, all productivity gains and innovation will be flowing to your Bitcoin holdings asymmetrically. ♾️/21 The countries who figure this out first will have a head start. Buying Bitcoin is actually just the easy part in my opinion. The hard part is keeping it. China is well positioned to outcompete the US on a sound money standard with a strong manufacturing infrastructure and the ability to build nuclear power at 1/10 the cost the US can. Countries must be net producers and have surpluses to keep their Bitcoin otherwise it becomes distributive. The USA has hollowed out their manufacturing class with the Petro Dollar system/ Triffin dilemma and forced jobs over seas to places like China. It will take a long time to broadly onshore jobs and once they try different fields will be chaotically disrupted by innovation. The future is rapidly changing and uncertain but through the lens of a bitcoiner hopeful and abundant. Thank God for Bitcoin.
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McG 1 year ago
That natural state of a free market is deflation. Deflation from technology is incongruent with a debt based money system that REQUIRES inflation. Bitcoin is bound by energy, has no counter party risk and prices of everything has been falling in Bitcoin terms for over 15 years.
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McG 1 year ago
Owning Bitcoin is the best way to invest in AI.