SO I WAS THINKING ABOUT BITCOIN…AND I GOT THINKING ABOUT LARGE NUMBERS AND WONDERING ABOUT WHAT THE WORLD WOULD LOOK LIKE IF SAY….20% OF PEOPLE WERE GETTING PAID IN BITCOIN…. JUST IN THE U. S. I ESTIMATE THAT NUMBER WOULD BE ABOUT 40 BILLION USD A WEEK AND THEN I THINK…. SAYLOR IS BUYING 42 BILLION OVER THE NEXT YEAR OR TWO… THEN I THINK…. DAMN…. WE ARE SO EARLY!! THEN I ASK MYSELF…AM I BULLISH ENOUGH? AND THEN I REMIND MYSELF…. STAY HUMBLE AND STACK SATS @ODELL

START WITH THE TRUTH - 1. THE STATE OF A FREE MARKET IS DEFLATION 2. RECOGNIZE THE STATE OF THE WORLDS "FREE MARKET" HAS BEEN DEFLATIONARY BUT HAMSTRUNG BY THE REQUIREMENT OF IT HAVING BEEN BUILT UPON A DEBT BASED SYSTEM/LEDGER - (MY DEFINITION OF DEBT-BASED IS ANOTHER WAY OF SAYING THEFT BASED...AS DEBT IS EFFECTIVELY REDUCING THE VALUE OF YOUR FUTURE PRODUCTIVITY GAINS) 2.1 - I WANT TO REALLY EMPHASIZE THIS POINT HERE - THIS IS THE ESSENCE OF THE SYSTEM TODAY - WE ALL HAVE BEEN TAUGHT TO BELIEVE THAT THE FUTURE VALUE OF MONEY WILL BE LESS THAN IT IS TODAY....(DON'T TAKE MY WORD FOR IT GOOGLE - TIME VALUE OF MONEY) THIS CONCEPT IS WHAT NEARLY EVERY MARKET IN THE WORLD IS BUILT UPON....THIS CONCEPT IS SAYING THAT YOUR VALUE THAT YOU WORK SO HARD FOR TODAY...IS GOING TO BE WORTHLESS TOMORROW??? AND WHY IS THAT? THIS IS THE QUESTION YOU NEED TO ANSWER FOR YOURSELF...YOUR COMPANY....YOUR CHILDREN.... WHY IS THE WORK VALUE YOU CREATED TODAY WORTH LESS TOMORROW? NOW ASK YOURSELF - DOES IT HAVE TO BE? CAN THE SYSTEM BE CHANGED? CAN MY VALUE BE WORTH AS MUCH IF NOT MORE TOMORROW THAN IT WAS TODAY? COULD MY LIFE BE GETTING EASIER FOR ME IN THE FUTURE IF I WORK REALLY HARD TODAY AND PROVIDE MORE VALUE THAN I CONSUME? 3. NOW - FOCUS REAL HARD HERE - IMAGINE THE WORLDS MARKETS BUILT UPON A SYSTEM/LEDGER THAT IS BASED UPON A COMMUNICATION PROTOCOL THAT IS ABLE TO ACCURATELY RETAIN AND REPRESENT YOUR VALUE CONTRIBUTED TODAY....INTO THE FUTURE FOR ALL TO SEE AND BELIEVE. THIS CONCEPT/SYSTEM/LEDGER IS PROBABLY ONE OF THE MOST IMPORTANT EFFECTS OF USING BITCOINS BLOCKCHAIN TO RECORD TRANSACTIONS OF VALUE. BITCOIN IS BECOMING THE WORLD'S MOST - OPEN, DECENTRALIZED, SECURE, PROTOCOL, BOUNDED BY ENERGY THAT IS CAPABLE OF PROVIDED VERIFIABLE RECORDS OF VALUE CREATION/DESTRUCTION OVER TIME AND THROUGH SPACE. AND HERE'S THE KICKER - BITCOIN DOESN'T CARE IF YOU READ THIS AND THINK I AM CRAZY - IT DOESN'T CARE IF YOUR NEIGHBOR, FINANCIAL ADVISOR, TRUSTED MENTOR...WHOEVER THINKS I AM CRAZY.... BITCOIN IS SIMPLY DOING IT'S THING AND EVERYTHING IN THE WORLD IS TRANSITIONING INTO/ONTO THE NETWORK. HERE IS WHY - WHEN HUMANS OPERATE IN/ON A SYSTEM BUILT UPON THEFT OF YOUR FUTURE VALUE - IT HAS 2ND AND 3RD ORDER EFFECTS THAT ARE ALSO EXTRACTIVE IN NATURE - THIS IS UNDENIABLE AND WHY YOU LOOK AROUND AND THINK THE WORLD IS GOING SHIT... WHEN HUMANS OPERATE IN/ON A SYSTEM BUILT UPON AN OPEN, DECENTRALIZED, SECURE, PROTOCOL BOUNDED BY ENERGY - THE 2ND AND 3RD ORDER EFFECTS BECOME ALIGNED WITH THAT BASE LAYER AND TURN FROM EXTRACTIVE TO COOPERATIVE (AT WORST) AND ADDITIVE (AT BEST).... NOW IMAGINE - IF YOU DIDN'T KNOW ANYTHING ....YOU WERE JUST WAKING UP TO FIND YOURSELF WITH THE COICE OF THESE TWO SYSTEMS TO LIVE IN, AND DEDICATE YOUR ENERGY TOWARDS....WHICH WOULD YOU CHOOSE?

I DON’T KNOW WHY BUT I FEEL LIKE @Jeff Booth JUST BLEW MY MIND…. ON “WHY BITCOIN MATTERS MORE THAN YOU THINK” PODCAST HE JUST LAYS OUT THE STRAIGHT TALK ON WHAT THE FUTURE IS GOING TO BRING ABOUT FOR US ALL AS WE TRANSITION TO A WORKS BUILT UPON THE MOST TRUTHFUL, HONEST, DECENTRALIZED AND SECURE PROTOCOL/BASE LAYER EVER…. LIKE MY MIND IS SIMPLY JUST BLOWN…. LIKE THIS NEWEST BASE LAYER OF THE FREE MARKET IS GOING TO BLOW THE DOORS OFF OF THE CURRENT SYSTEM SO HARD AND SO FAST IT IS GOING TO MAKE ALL OR COLLECTIVE HEADS EXPLODE WITH SUCH A TECTONIC SHIFT IN THE WAY WE LIVE AS HUMANS THAT IT IS ALMOST UNBELIEVABLE (AND IT IS FOR ALL THOSE LIVING IN THE OLD SYSTEM STILL)!!! I MEAN - LIKE JUST THINK ABOUT TRYING TO BUILD UP YOUR MENTAL LATTICE/UNDERSTANDING OF THE WORLD FINANCIAL MARKET BASED UPON THE OLD FIAT-GOLD BASED OR BARTER BASED SYSTEM…THEN BUILD THAT UNDERSTANDING SOLIDLY…THEN IMAGINE WHAT THAT SYSTEM/MARKET WOULD/COULD LOOK LIKE IF IT WAS BASED UPON A PROTOCOL-BASE LAYER THAT HAD ALL THE TECHNOLOGICAL IMPROVEMENTS OF THE NETWORK THAT IS BUILDING UPON BITCOIN…LIKE WE CAN SIMPLY MOVE OUR TIME AND ENERGY OVER INTO THAT SYSTEM RIGHT NOW, TODAY, THIS INSTANCE…. AND START BEING THE CHANGE WE ALL WANT TO SEE!!! THAT IS JUST HOW I FEEL THOUGH SO DON’T TAKE MY WORD FOR IT…. THINK ABOUT FOR YOURSELF-TAKE THE ACTUAL TIME TO LOOK AT IT AND THINK CRITICALLY ABOUT IT FOR YOURSELF - I KNOW YOU WILL COME TO THE SAME CONCLUSION AS ME…IT MAY TAKE YOU MORE OR LESS TIME DEPENDING ON YOUR NEED TO UNDERSTAND AND THE TIME YOU ARE WILLING OR ARE ABLE TO DEDICATE TO IT…. BUT PLEASE JUST DO IT - YOU WON’T REGRET IT!

I LIKE THIS ONE :) View quoted note →

DISCUSSION AT THE BITCOIN MEETUP LAST NIGHT…. IF YOU ARE THE INCOMING GOVERNMENT FOR THE USA RIGHT NOW…YOU HAVE TO BE THINKING THAT IF SMALLER COUNTRIES ARE PUTTING BITCOIN IN THEIR RESERVES AT THESE CURRENT PRICES…WE HAVE TO ANNOUNCE A RESERVE OR SOMETHING LIKE IT IN THE USA TO SEND THE PRICE HIGHER THAN THESE SMALLER COUNTRIES CAN CHASE…. I MEAN IT IS POSSIBLE SOME OF THESE SMALLER SOVEREIGNS ALREADY OUTSTACK US…. AND FIT ALL OF US HERE IN THE USA - THAT IS NOT A POSITION WE ARE FAMILIAR WITH SO…. LFG STAY HUMBLE AND STACK SATS @MartyBent @ODELL @HODL

SO I WAS LISTENING TO JEFF BOOTH TALK WITH SYZ CAPITAL AND HE SAID MINING ENDS AROUND 2140? I AM PRETTY SURE HE MISSPOKE THERE AND IT IS SIMPLY THE BLOCK REWARDS THAT ENDED AROUND THEN, BUT DON’T WE HAVE TO KEEP MINING TO CONTINUE UPDATING THE BLOCK CHAIN? ISN’T IT REALLY THAT FEES WILL BE THE MAIN INCOME BY THEN? WHICH WILL BE THREE INCENTIVE TO MINE MORE?

BUY YOU SOME BITCOIN AND THEN BUY SOME MORE AND THEN SOME MORE AND SOME MORE AND YES….BUY SOME MORE AND DON’T EVER FUCKING STOP!!! BUT ALWAYS STAY HUMBLE WHILE YOU STACKING THOSE SATS!!! @ODELL @MartyBent

GM @ODELL

HOME IS WHERE YOU LAY YOUR HEAD AND FAMILY IS WHO YOU CHOOSE TO BE CLOSE TO…. LOVE DEEPLY AND CHERISH THOSE WHO BRING YOU JOY!! OUR TIME IN THIS LIFE IS SHORT MAKE IT SOMETHING TO REMEMBER

Lola puts out a lot of valuable information to me - Thank you View quoted note →

SO HOW MANY BUSINESSES WILL HAVE TO GO “BELLY UP” BEFORE THEY ALL REALIZE THAT BITCOIN IS THE LIFE RAFT? I MEAN IT REALLY IS STARTING TO BECOME THE ONLY THING I CAN SEE…

PONDER THIS ONE-WE HAVE BEEN RIGHT DIRECTIONALLY ABOUT THE VALUE OF BITCOIN IN FIAT DENOMINATED TERMS…. AND THAT MEANS…. WE ARE RIGHT ABOUT ALL THE FOLLOWING ORDER EFFECTS OF SOCIETY BUILT UPON THIS NETWORK…. I MEAN HOLY FUCKING MINDFUCK! REALLY THINK DEEPLY ABOUT THIS-8 BILLION PEOPLE WORKING COOPERATIVELY WITH EACH OTHER…. OPPOSED TO THOSE SAME PEOPLE FIGHTING EACH OTHER TO GAIN SOME TYPE OF COMPETITIVE ADVANTAGE??? THE INCENTIVE IS NOT TO PROTECT YOUR INTELLECTUAL PROPERTY BUT RATHER IT IS SHARES IT AND FIND CONSENSUS AS IT PERTAINS TO NOT JUST WHETHER OR NOT THE SYSTEM IS JUSTIFIED BUT HOW IT WILL BEST OPERATE?

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

TWO SYSTEMS - DIAMETRICALLY OPPOSED, FOES! (QUOTED FROM HAMILTON-THE MUSICAL) 😉 THANK YOU LIN-MANUEL MIRANDA CAN'T HELP BUT THINK OF BITCOIN VS. FIAT IT'S JUST AMAZING TO ME THAT I AM ALIVE AT THIS MOMENT IN TIME....

PROUD DAD MOMENT - WHEN THE 7YR OLD COMES HOME FROM SCHOOL AND SAYS HE WROTE SOMETHING HE WANTED ME TO SEE - WE ABSOLUTELY ARE WINNING 🏆