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Fartface2000
ff2k@nostr.com.au
npub1g353...px62
Selfish stacker
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FF2K 7 months ago
ChatGPT has no respect for your time, it will have you brute force every issue before it does deep research, listen to me know believe me later. It’s like dealing with a customer service bot, very limited
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FF2K 7 months ago
Seeing so many influential Bitcoiners buy into the Corporate Bitcoin strategy without reservations makes me feel like I’ve been scammed 😂 These same influencers were preaching stacking and self custody a few years back. This space is “almost” complete garbage.
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FF2K 7 months ago
It’s about time image
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FF2K 7 months ago
I’m so bad ass, I worked Juneteenth and I’m taking Friday off. Fuck the normies image
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FF2K 7 months ago
You like sunrises or sunsets better? image
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FF2K 7 months ago
Say you don’t like a guy, wish bad things for him because he is a real prick. Let’s suppose this asshole asks you “What Crypto do you like?” Where do you send him to lose his money?
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FF2K 7 months ago
I went round and round trying to troubleshoot something today and it we couldn’t find a solution. Tried 10 or so proposed solutions, got a little short tempered and was a little nasty (passive aggressive) with chatGPT.
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FF2K 7 months ago
You must have been born yesterday if you think anything good ever came from war. The fact that mankind invests billions of dollars on destructive weapons is a sign of lunacy. Those same dollars could be put to a good use or not spent at all. Enough is enough, every administration since I was born has been doing the same thing. Starve the machine #Bitcoin 🍿
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FF2K 7 months ago
Some folks are born made to wave the flag Ooh, they’re red, white and blue And when the band plays “Hail to the Chief” Ooh, they point the cannon at you, Lord It ain’t me, it ain’t me I ain’t no senator’s son, son It ain’t me, it ain’t me I ain’t no fortunate one, no
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FF2K 7 months ago
Had a family reunion this weekend, came up with this idea, trying to sell it to my brothers. BTC Reunion Fund – Concept & Assumptions Item Value Target annual reunion budget $60,000 (30 people × $2,000) Expected average BTC CAGR 40 % (your “middle-of-the-road” estimate over 20 yrs) Longevity of fund 20 years (can extend if returns beat plan) Required principal to just cover 20 yrs @ 40 %, $60 k draws ≈ $150 k 50 % safety buffer (margin for bear markets, taxes, slippage) $75 k Recommended starting stake $225 k in BTC ⸻ What the numbers say 1. Why ~$150 k? Year-1 return at 40 % on $150 k ≈ $60 k → just funds the first reunion without dipping principal. From there, each year’s growth (on an ever-growing base) keeps pace with the fixed $60 k withdrawals. Anything lower and you’d cannibalize principal. 2. Why add a 50 % buffer? • Smooths out the inevitable Bitcoin volatility (drawdown years, tax drag, transaction costs). • Lets you keep the “$60 k tradition” even if BTC has a few lean years. • Gives breathing room to increase the per-person stipend later, or to roll surplus forward. 3. Outcome if BTC does average 40 %: • With a $225 k seed, the balance grows explosively (because $60 k is tiny relative to compound growth). • After 20 years you’d be sitting on >$62 M even after funding every annual reunion (see projection). ⸻ Downloadable 20-Year Projection I dropped the full schedule—year-by-year starting balance, 40 % growth, $60 k withdrawal, ending balance—into a ready-to-tweak Excel file. Download the Excel projection (sandbox:/mnt/data/btc_reunion_fund.xlsx?_chatgptios_conversationID=68501887-a4c0-8012-9632-fee01aa9a066&_chatgptios_messageID=32684bd6-bc53-405a-b909-4c567a27a91b) (First five rows previewed above in the app for a quick look.) ⸻ How to use / tweak • Stress-test different CAGR assumptions: open the sheet, change the growth cell (currently 40 %) and the whole table recalculates. • Adjust withdrawal needs (e.g., inflation-indexed reunions) and see how far the buffer carries you. • Extend the horizon: drag the formulas past year 20 to see 30, 40, ∞ years. • Tax layer: add an “Effective tax on realized gains” column if you’ll be cashing out to fiat each year. ⸻ A few builder’s-mindset cautions 🛠️ • Volatility matters: BTC rarely delivers “average” returns in any single year; be prepared for –50 % drawdowns on the way to big multiyear gains. • Distribution timing: Plan to sell into strength (e.g., each spring after a positive year) rather than on an arbitrary date. • Custody & governance: 30 stakeholders means you’ll want a robust multisig setup and a written disbursement policy—treat it like a mini endowment. Stay nimble, stack sats, and let compound growth pay for the good times. 🍻
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FF2K 8 months ago
You can’t control #Bitcoin You can only control how Many sats you stack. My hurdle rate is how many sats I stacked last week. image
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FF2K 8 months ago
Weekend almost over image
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FF2K 8 months ago
Family reunion vacation, 3 day weekend in the Poconos, too fast. Good times image
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FF2K 8 months ago
I want my children and grandchildren to live in a world where government leaders don’t have the financial fire power to launch the destructive fire power. #Bitcoin is the most important technology of our lifetimes, embrace it.
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FF2K 8 months ago
War makes my stomach sick, scares the shit out of me. Leaders should be forced to fight and then let’s see who decides to go to war.
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FF2K 8 months ago
I , unlike most , don’t want my government to own or use #bitcoin unless their intentions are to use it to pay the government workers so we can eliminate theft , waste, fraud and abuse. But they won’t do that, so I Don’t want them to touch bitcoin until it’s too late and they find themselves at the will of the people.
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FF2K 8 months ago
Good morning, rise and shine bitcoin image
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FF2K 8 months ago
Looks impressive and a little daunting at first. image
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FF2K 8 months ago
Good Morning, when is the weather going to get nice? Bitcoin pumping when the weather is shitty is no fun. Bitcoin doesn’t fix the weather 😊😊