I’m got my first piece if physical mail from the ledger database hack. Interstate mail fraud is a naughty thing to do. https://about.usps.com/forms/ps8165.pdf
Quantoshi.xyz
drgo@nostrplebs.com
npub1fa8c...thnd
Bitcoin OG since 2010, former laptop solo miner - which makes me (amongst) the first obsolete Bitcoin miner(s), blockstream satellite node runner, #2A rights user, radiologist
We all know rate of bitcoin production drops by 50% every 4 years.
But this is equivalent to saying half of all the remaining bitcoin will be created in each 4 year cycle.
So while it’s true 99% of all bitcoin will be mined by ~2032 and the last 1% will be mined over the following ~100 years, about half of that remaining 1% will be mined in the first 4 of those 100 years.
Inheritance and bitcoin and taxation are interesting to ponder together.
In the old days, you’d have to transfer inheritance fairly near to the time of death. And taxes would have to be paid at that time.
But with timelocks and pre signed transactions, perhaps we can push off transfer and taxation until well after death?
I’m very grateful Tesla took so long in delivering the cybertruck. When I signed up for one in 2019, I probably would have sold bitcoin to buy it if they delivered it promptly…but I learned a lot between 2019 and 2024 when I got mine, so I shorted the dollar to get the truck and kept my bitcoin.
The price the day I had to pay for the CT was ₿2.25, but if I were to pay for the rest of the CT today my total, including finance costs to date would be ₿1.344, a savings of nearly ₿0.91!
If only I had done this in 2017 with my wife’s minivan. I’d have saved nearly ₿7…ouch!
Fiat debt can be good if it means sparing your bitties from the market.