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Jake Woodhouse
jakewoodhouse@primal.net
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Helping Australian small businesses start with AI. I assess 5-10 weekly and share insights. Host of The Jake Woodhouse Podcast.
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jakewoodhouse 2 months ago
Bitcoin is simulation money npub1musqetp57matzsjcwd2y7tvxe59h85v74pqasnqxk7fhpwazzjpseyv5kr npub1drz03a5argy3hcvtcyh5tc6ws0q504skhxlq72lwxzsdp6r4w3yqkvqddy
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jakewoodhouse 2 months ago
Started building something new Early days But it’s exciting More of a pivot than totally new 😜
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jakewoodhouse 2 months ago
Another thing the Q1 bear is hammering home I need to create a higher yield on my time Cashflow from that is a natural defence from Bitcoin volatility
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jakewoodhouse 2 months ago
OpenAI and US Gov doing a deal to spy on people No surprises there
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jakewoodhouse 2 months ago
One upgrade for my future that I will make sure is true Next time I won’t be forced to sell at the dip
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jakewoodhouse 2 months ago
The last six weeks have exposed many areas of my life that I didn’t realise needed work: • liquidity discipline was thin • volatility leaked into home life • operating capital and investment capital were blurred • ego was still attached to prior highs That’s tuition fee’s. Expensive tuition fee’s. But tuition fee’s that will pay in the long run. Financial capital balance: DOWN Intellectual capital balance: UP
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jakewoodhouse 2 months ago
My father handed me capital. Life handed me volatility. The market handed me humility. That combination is not a curse. It’s apprenticeship. Painful, yes. But real.
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jakewoodhouse 2 months ago
Biggest lesson of this bear market: When using Bitcoin as your primary means of value storage, the volatility to the downside is a risk to never forget, so if you’re ever considering large capex opportunities, such as a renovation, if, and only if, you feel wealthy enough in that moment of decision, you proceed, and you take all the money off the table to ringfence for the project, and manage a predictable cash flow I didn’t so this… I wish I had
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jakewoodhouse 2 months ago
I know a guy running a TG group with technical analysis market commentary Talk in through “strategy”, good time to buy or sell Nowhere have they mentioned selling any Bitcoin But behind the scenes they’ve taken 65% off the table at strategic points on the way down Each to their own of course But be careful out their friends
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jakewoodhouse 2 months ago
This week, I spoke with David Parkinson, an entrepreneur deep in the Bitcoin journey, turning his passion into a reality. No-one said this was easy, but it sure is interesting! Musqet is a very exciting business, and an example of where I see things going long-term, with practical implementations of Bitcoin in the real world. In particular keep an ear out for his experience fundraising, an area I have more and more interest in. **Timestamps:** **0:00** Introducing David and Musket **0:29** Musket Bitcoin Payment Demo **2:56** Explaining How Musket Facilitates Bitcoin Payments **5:44** Defining a Bearer Asset **10:35** The Intersection of AI, Bitcoin, and Energy **15:34** David's Origin Story with Bitcoin **22:37** Adoption of Bitcoin Payments **32:51** Musket as a Trojan Horse for Bitcoin Adoption **41:51** Bitcoin Is Inevitable **47:10** Advice for Aspiring Entrepreneurs Thank you Best, Jake
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jakewoodhouse 2 months ago
The same technical analysts that had a chart saying 180k was inevitable Are now, mhaving said we were in a bull market a few weeks back, are pointing at charts saying it’s going to 40k More and more I think of it as pointless noise