Nick Yam's avatar
Nick Yam
nick.yam@nostr.com
npub1a7as...mzde
Catholic husband, father, and lifelong learner. Friendly contrarian. Bitcoiner. ~~NYC Dweller.~~ FL beach bum.
Nick Yam's avatar
Nick Yam 5 months ago
Is #nostr a nod to the Latin 'nostra' (‘ours’)? If yes, brilliant work, @fiatjaf If no, then what a divine coincidence. 🏛️📚💭
Nick Yam's avatar
Nick Yam 5 months ago
What a privilege is it to end the day exhausted by supporting the family you once prayed to God for. How many prayers were answered to bring us where we are today? 🙏🙏🙏
Nick Yam's avatar
Nick Yam 5 months ago
Most people are trading generational wealth for a 6% 401(k) match, and believe they are winning... As much as I hate comparing Bitcoin to fiat, there are too many Bitcoiners who opt into their employer-sponsored retirement plan instead of stacking the coin and genuinely think they are winning the trade. I ran the numbers comparing a traditional 401(k) (with a very generous employer match) against simply stacking Bitcoin with post-tax fiat. Assumptions: -$100k salary, 6% employee contribution -Employer matches 6% (total $12k/year into the 401(k)) -401(k) grows at 7% CAGR -Bitcoin grows at just 30% CAGR (a fraction of its 5-year average of 57%) -Bitcoin is bought after taxes (25% tax haircut up front) After 10 years: 401(k): ~$166k pre-tax → ~$124k after taxes Bitcoin: $192k post-tax Bitcoin still outperformed by ~$67,000 (54%) — despite contributing half as much annually. -This was extremely generous to the 401(k) and very conservative toward Bitcoin. Yet the prevailing wisdom — even in many Bitcoin circles like r/Bitcoin — is that you should take the immediate 'gain' and opt into your employer-sponsored plan. That’s how early we are. -We’re not just in a parallel financial system — we’re in a parallel reality. NYKNYC #Bitcoin #FiatTrap #Retirement #StackSats #Nostr
Nick Yam's avatar
Nick Yam 5 months ago
#Bitcoin inheritance has kept me up more nights than it should have. That is until I read How To Leave Bitcoin to Your Heirs by Anthony S. Park. This quick read provides guidance for a ‘base layer’ inheritance plan that is low-cost, low-trust, and low-complexity. Give it a read and ensure your stack reaches your heirs. #inheritance #estateplanning
Nick Yam's avatar
Nick Yam 5 months ago
You’ve been given the ability to give real value to notes you appreciate with #Zaps, yet you still ‘like’. What’s wrong with you? ⚡️⚡️⚡️⚡️ #nostr #lightning #bethechange
Nick Yam's avatar
Nick Yam 5 months ago
#nostr is going to experience exponential growth in the next 12-24 months. Source: Trust me bro. I can feel it. Real talk: The last few months on Nostr has been worlds better than cesspool legacy social has morphed into. I’ve only scratched the surface of the capabilities of the protocol, but it’s clear this is a place for builders and kickass people.
Nick Yam's avatar
Nick Yam 5 months ago
Spiritual desolation is worse than any bear market.
Nick Yam's avatar
Nick Yam 5 months ago
Great diagram from u/rtmxavi on Reddit to get a high level understanding of #strategy's speculative attack on the dollar. All paths lead to #bitcoin image
Nick Yam's avatar
Nick Yam 5 months ago
I’m looking to fill my feed with quality notes. Reply to this note with a tag of your favorite follow on #nostr
Nick Yam's avatar
Nick Yam 5 months ago
HODLing is not for the faint of heart.
Nick Yam's avatar
Nick Yam 6 months ago
$STRF, $STRK, and $STRD are not for plebs; they are for highly restricted institutional buyers to get exposure to #bitcoin , and to raise funds for #Saylor and $MSTR to lock even more coins away forever. Keeping stacking sats…
Nick Yam's avatar
Nick Yam 6 months ago
Heading to #Vegas for the week. I’ve never been. What are the better things to do? What to avoid? I’ll certainly play some poker and hang by the pool.
Nick Yam's avatar
Nick Yam 7 months ago
Looking to follow real estate investors who have seen the bright orange #bitcoin light and have reevaluated their investing thesis. RT for visibility.
Nick Yam's avatar
Nick Yam 7 months ago
Today is the day! Forza #Inter ⬛️🟦⚽️🐍 #UCL #PSG #AMALA