Any rock climber will tell you that the biggest risk isn’t your equipment failing or some unexpected force of nature harming you. It is complacency. The same is true in Bitcoin.

Working on something I think you’ll like.

Bear markets are the best times to stack sats.

Have a blessed Father’s Day

You are the free market.

Whence cometh thy yield?

In an alternate universe, Saylor created a Bitcoin bank in the Hal Finney sense. A humble yet empowering operation that self-custodies all its own coins with full proof of reserves, a number of well-run lightning nodes, an ethos of encouraging its clients to withdraw to their own self-custodial wallets. A bank that treats Bitcoin as money, not as “capital” to be leveraged ad infinitum for tradfi fiat objectives.

One of the most compelling aspects of Bitcoin is the entire tradfi apparatus can collapse and so long as you hold your keys, your wealth is secure. This is not true with suitcoins.

Remember who you are.

Run a node. Verify transactions. Strengthen the network. Become self-sovereign.

Review of Boethius: The Consolation of Philosophy (523 AD) This is probably the best book you can read other than the Bible if you are depressed, at the end of your rope, or grappling with existential questions. Boethius was a Roman nobleman falsely accused and imprisoned by the conquering Ostrogothic rulers. He wrote this book while awaiting execution. The result is an internal dialogue about what ultimately matters when everything is stripped away. How much do philosophy, morality, and all these abstractions mean when one is facing death? He explores all sides of this question with intellectual honesty and arrives at an inspiring conclusion. He finds consolation. And yet he still suffers. It is often called one of the greatest works of the Middle Ages. And Boethius himself is considered one of the last true Romans. The book lives up to its reputation.

“If you meet the Buddha on the road, kill him.” — Alan Watts quoting Linji Yixuan

Them: Bitcoin or …? Me: Bitcoin.

Jesus never asks us to do anything he isn’t willing to do himself. He practices what he preaches.

Have a blessed Sunday.

Critiques aside, this is a hilarious impersonation. 10/10 delivery

It is rational for Saylor to want to buy Bitcoin himself and sell stonks to you. The important question is whether it is rational for you to buy his stonks instead of cold hard sats.

Bitcoin vs scamcoins

Bitcoin bear market tl;dr

What doesn’t kill Bitcoin makes it stronger.