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Phil
Phil@primal.net
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Sharing thoughts on BTC, Finance, CrossFit, Atl Braves
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Phil 2 days ago
This is a really tough and scary dynamic for people new to Bitcoin, but there’s literally NO PRICE that’s off the table at any given moment. Bitcoin is priced of marginal demand. If Saylor’s or Satoshi’s coins come to market, we fall until all those coins find the marginal buyer. But the inverse is true. This thing can also go up as fast as it goes down. Best to mentally prepare yourself for both, and have a plan for what you’ll do.
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Phil 2 days ago
Just put in my $58k buy orders, for the lulz
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Phil 1 week ago
@ODELL hey Odell, what’s the name of that gold jewelry brand you mention occasionally on RHR that measures in oz and is run by a bitcoiner? Thanks in advance
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Phil 2 weeks ago
@jack mallers you should listen to latest WBD. Really strange, Cory K was discussing bitcoin treasury co’s and was clearly talking about XXI but wouldn’t mention you by name. You guys must have beef! He named Cantor, Tether and Softbank though
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Phil 2 weeks ago
Listened to the @nat brunell interview with Gromen and now ready to end it all. In all seriousness, great job interviewing by Natalie and letting him roll. But man, the pessimism on bitcoin is unbelievable at the moment. Hope he’s wrong!
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Phil 2 weeks ago
Just being honest, every podcast or conversation about quantum makes me feel worse and more nervous about this potential future. Everyone covering this either dismisses it too quickly (likely because it’s complicated), doesn’t have a good solution or describes such doomsday scenarios that I expect anyone listening would want to sell afterwards. Is this really the thing that gets us?
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Phil 2 weeks ago
@ODELL enjoyed latest CD re quantum. On the reused-address -exposed issue, couldn’t this be solved by the wallet holder just consolidating those utxos into a new address and using better practices (i.e., new addresses) going forward?
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Phil 0 months ago
Proof of steak (tartare) image
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Phil 1 month ago
@ODELL on recent RHR, were you serious about attempting to convert some BTC to gold? Was surprising to hear, but I’ve often gone through same thought process. How to buy, validate it, store it, fees on buying and selling, etc. I either stop there or buy GLD (warts and all). I just keep scratching my head here