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.

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.

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

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.

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 💪🏻

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.

Come for NGU stay for UoA

This is one to share with friends and family. Thx for the framework @Jeff Booth

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.

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.

@less bringing the signal with @Stephan Livera. Prices of stuff about to crash measured with #Bitcoin.

My pleb take on Saif and Saylor’s chat about yield on Bitcoin: Yield comes from prices falling against #Bitcoin. Said in another way, your purchasing power increasing is the yield not the # of units you have. Money is just information. Technology is deflationary and exponentially increasing with AI, robotics 3D printing autonomous driving etc and they are converging. Prices of goods and services are collapsing to their marginal cost of production (lines of code over time). Over time people borrowing will have to return at least the rate of deflation plus risk. If the rate of deflation is currently -5% and increasing it will make less and less sense to loan money into the future especially if your hurdle rate as a bitcoiner far exceeds what you can get in traditional lending markets. Risking your bitcoin which increases at say 50% per year to earn 5% doesn’t make much sense to me. @Jeff Booth ~agree?