A “financial advisor” who isn’t a useless vulture would discuss with a pleb how much of their corn should just be timelocked as part of their overall security strategy. They might help a pleb determine what security tools to use to meet their financial goals Recommending how much bitcoin someone else should have is a laughable profession, violates every praexeologixal foundation of Bitcoin, and an A+ grift.

Mathematics is an imaginary world where we can establish and prove objective truths. Its the only world where we can do this. Establish a set of rules and conditions for which these truths are actually self-evident. Bitcoin is a physical manifestation of mathematics where the truths of the imagined system manifest in our physical world.

Like Jerry Garcia, Hal Finney didn’t start the movement that he contributed so much to and brought to a level that wouldn’t have been known without him. Hal Finney died 19 years and 19 days after Jerry Garcia. Color me intrigued.

There will exist a Bitcoin University. My admission standard would be to show ownership of 10% of the prior epoch block reward as held Bitcoin. Sign the UTXOs and you’re in. No academic pursuit can ever exist unless the student is in total control of his time.

The grift of public companies is enabled by “Generally Accepted Accounting Principles” (GAAP) Accepted as truth. Validated by CPAs who have zero clue. None of it accounts for inflation - not 2% - not anything. What good is any of it? We know the value of precisely nothing!

#phish

Fountain

High Hash Rate • Golgi Apparatus with Fundamentals - HHR056 • Listen on Fountain

This week on High Hash Rate, Dan and Mike speak with FundamentalsFundamentals, co-host of the podcast Rock Paper Bitcoin, joins us to talk about ja...

Had a great convo with High Hash Rate about Phish and Blackrock. It’s the most Phish focused Bitcoin podcast ever made.

I do a podcast every Saturday morning with a partner who I share core values with. For 5 months - every morning contains the same gravity to create a conversation that plebs better than me will find valuable. I’m not saying they’re better than me but I let that idea put personal pressure on me. I work to serve plebs so I navigate the ride for myself and we all help each other. I believe it shows in the work. I go to meetups and find out that people listen and want to discuss the topics engaged in the podcast. The bitcoin conversation in my locale is now shaped by the focus that consumes us every Saturday morning and is amplified by the work we put in every day to be better plebs whose loved ones are gonna make it.

Your dollar ain’t shit! This is the line I can’t get over. It’s a declaration of war and a demarking line between them and us (He said YOUR dollar ain’t shit - not THE dollar ain’t shit)

Every time I attend a Bitcoin meet up, even if only 3 people show up, it ends up being a rare and treasured experience. Spend your time in the world you want to live in.

Banger alert! BusinessCat and I discuss my work experience during the GFC and break down the Fiat Leviathan brick by brick. Then we get into NPCs and how to wake up sleeping lions currently playing the role of sheep.

Fountain

Rock Paper Bitcoin • RPB017 - We Win By Being Better • Listen on Fountain

Recorded August 19, 2023Fundamentals & Business Cat solve it all.Intro Music: Katy Perry - Not Like The Movies (Instrumental)00m - The Great Financ...

Technical analysis is pornog for people with super high time preference. It’s irrelevant to Bitcoiners who don’t live or die by What happens tommorow. It’s also fake as shit and only someone deranged by high time preference would consider its signal out of desperation. Bitcoin fixes this all by having zero time decay. It’s not just scarce - it defies entropy by holding its form forever using the energy that goes into confirming it. Go down the rabbit hole of understanding how Bitcoin maintains its form forever and stop reading horoscopes about fake shot like price resistance.

Time preference and mathematics: Human beings think they suck at math but it turns out that they are too high time preference to see through the tedium of it. Math is NOT complicated. It’s tedious. Math is about generalizing to any system. Doing this with simple addition is very tedious so we only teach our society how to do it in ONE BASE (base 10) and even that is too tedious for people. They scream - What am I ever going to use this for? And their high time preference tells them: NOTHING This is why the successful math students in the world tend to come from privilege - it’s not because they paid for better teachers - rich kids with high time preference don’t learn math no matter how good the teacher is. But some kids have a time preference low enough to see value in going deep and will spend their time ensuring the ruthless tediousness that mathematics entails. It’s not about intelligence. It’s about time preference. Bitcoin will bring a renaissance of mathematics once we lower the time preference of children and the adults who choose their education.

tldr on Blackrock from RockPaperBitcoin Blackrock is a liability driven investor who : 1) doesn’t want to be bailed out ever again; 2) hates bonds with a passionate vitriol 3) understands btc enough to use it as the risk-free asset for portfolio construction 4) sees the ETF as a way to hedge the upshock risk that bit them last September. Implication is that they’re not necessarily in it for NGU - but they’re using it for existential purposes and will likely see it through. Will start to create enhanced SPX etfs sprinkling in the btc ETF - then will move as far as they can towards 100%

I’m reclaiming the saying “laying an egg” to be positive and life-giving. Only in the dystopian Malthusian hell do we consider laying an egg to be embarrassing and shameful. Go forth and lay eggs!!!

Choose your difficulty adjustment. Bitcoin or A few weak men acting in service of a corrupt state with a monopoly on violence

A great thing about nostr is that nobody puts their fiat credentials in their profile and attempts to give value to Bitcoiners

Decoupling alert!

Using Twitter just feels dirty now - like going to a strip club in the daytime