Plug in a miner and it’s an environmental hazard and its energy usage needs to attract an additional tax.
Plug in an EV and it’s emissions free and is subject to subsidies.
🤷♂️
This week has been crazy for my SaaS.
Some lessons (if you're interested)...
Never pay for user testing. Ship product and acquire cheap traffic instead. Watch recordings. People who are paid to test nitpick and generally suck at providing useful feedback. Take those insights, roll improvements into product, then ship in more expensive regions... rinse repeat.
If you're not uncomfortable you're doing it wrong. Move fast. Think you're moving fast? Move faster.
Challenge your own ideas. You have assumptions about how people use things. You're way the fuck off. Users blow my mind daily with how they interact with things. You are wrong. You're always wrong. Start there.
Have fun doing it. It's a wild ride.
Biden wants to double cap gains to 40%.
Why? They need more tax revenue because they spent too much and can’t pay their debts.
And you’re on the hook for it.
They’re screwed next FY. Public got crushed in the markets so much less CGT to bring in.
Solution? Just double CGT rates. Real smart.
Just opt out and transfer your wealth to Bitcoin.
#bitcoin
Bitcoin uses too much energy...
No it doesn't.
#1 The network requires compute for security (amongst other things). How that compute is powered is not determined by Bitcoin in the same way an EV is charged, the power source is indeterminate. Bitcoin DGAF where the power comes from, however lower cost energy is incentivized (more profit per btc mined) so as to encourage more efficient energy sources.
#2 Define too much? By comparing to what? What does it offer in return for the energy usage? Replacing fiat and all the waste that goes with it as well as the gold industry (for monetary purposes) it seems a pretty fair trade to me.
#bitcoin
Remember transferring your fiat to bitcoin is win win. Price goes up, you’re securing your future. Price goes down you get to accumulate more.
Happy hunting.
Hot take.
Bitcoiners can be shitcoiners.
Yes. If you consider shitcoinery a way of generating fiat to purchase more bitcoin… it can be the most effective way. Inefficient market. No sophisticated investor laws.
If you know what you are doing you can stack sats hard. It is a form of fiat mining.
Here’s the kicker though.
#1 The vast majority get rekt. You can’t pick the ‘winners’. You can’t ‘sell the top’. Stop thinking you can. Most don’t.
#2 It’s fucking unethical. Most if not all shitcoins are bullshit. They are designed for a quick pump for founders to exit. There is no revolution. It attracts scams and charlatans.
The reason bitcoiners are so adamant of bitcoin or gtfo… is that there’s a common experience. One from ignorance.
You try to shitcoin when you know no better. You get absolutely rekt. You find out the founder rugged and it was all bullshit.
You see through it. Become hardened by it. Learn more about bitcoin. Learn about money. Learn about inflation etc.. Stay the fuck away from it and just stack sats humbly.
You become part of the revolution.
So yeah. Shitcoin if you want. But deal with the consequences.
#bitcoin
In Nostr… do notes have the ability to have any special designation? IE a type? Different clients could look for different note types for unique experiences. But all notes would technically be accessible across all clients which is cool.