I am working on an idea
- boomer lead businessman looking to retire
- in Australia
- has a consistently cashflowing business
- ripe for AI back-end upgrades
- and can be rolled up with 3 other local businesses in the same niche
Anyone know of anyone who has ever done anything like this?
Jake Woodhouse
jakewoodhouse@primal.net
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Bitcoin Custody Architect | Helping Bitcoin holders ensure their family can recover their Bitcoin | Bitcoin since 2015 | 200+ podcasts
Learning Is Love - Red Tail Hawk (JWP 117)
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In this conversation, I spoke with Red Tail Hawk, and we explored the themes of education, homeschooling, and the lifelong process of learning. We discuss the importance of self-directed learning, curiosity, and the role of parents in shaping a child's educational journey. The conversation also touches on the impact of AI on education and the necessity of developing critical thinking skills in a rapidly changing world. Red emphasized that education should be about making memories and fostering a love for learning, rather than merely acquiring knowledge.
Chapters
0:00 Introducing Red and homeschooling
5:28 Defining success and the traditional process
9:16 Bitcoin as a test of humility
14:34 Reincarnation and centralized control
16:55 Establishing daily learning habits
21:59 Concerns about AI and truth
23:55 Homeschooling vs. state schooling
31:14 The window of absorption
40:55 AI and the changing entrepreneurial landscape
47:10 Establishing a consistent time of day for study
Best,
Jake
Bitcoin + AI + Energy = a new version of the industrial revolution
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Bitcoin is simulation money
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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
OpenAI and US Gov doing a deal to spy on people
No surprises there
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
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
Where’s that meme I saw recently of the Goldmans boss admitting AI has shortened 6 people’s work for 6 weeks pre-ipo by 95%?
Maybe there should be some editing done...
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Interestingly, when we recorded this, I didnt realise how poorly prepared for a price drawdown so I wasn't ready "either way"
A great case of you live and learn
We’re not wrong
We’re jus early
Bitcoin is a BUY
Do you think Gold can act as a slingshot for Bitcoin?
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Observation: for about 3 weeks I’ve been like a rabbit in headlights, frozen almost, fearful, as the Bitcoin price plummeted.
Only now am I managing to wrestle back control of myself, and start to think rationally.
Huge lessons being dished out by the bear mkt of Q1 2026…
No hedge
No backup plan
No cashflow forecast
No cash reserve
No tracking of historical spending
Sitting on a five bagger of uncrystalised gains for over a year, made me complacent, and I fell for the hopium of higher prices. 150/175/250/even the 400k that was banded around.
I ignored my own advice. Classic ego move. I thought I knew better. I ignored warning signs.
SCombined with shame as things went the wrong way
Ahead I have commitments
- Fixed capex in a renovation
- Monthly expenses
- Holiday bookings
All of which just got a lot more expensive in Bitcoin terms
Ouch
Panic stations even
Thankfully I’ve mellowed out. The situation is my fault. Avoidable. Yes. But reality. And mine to navigate.
Your vision is to be a “word class investor” of humanistic, intellectual, and financial capital, figure it out Jake!
I think the best part: all these failures, are areas I was wrong, and that I can work on for the future. The next time my net assets are 60% higher from here, I know exactly what I’ll do
Reallocate to:
- cashflow
- cash reserves
- cap growth
- speculative
- cap protection
Ultimately I am grateful for these mistakes. Through failure we learn. Indeed, yes it’s at a cost to the balance sheet, but these lessons are a form of intellectual capital
I am better for it
The cost now, will actually make me far more financial capital in the future
Lastly. Beyond blessed with my wife. I’ve made too many mistakes to list here, against her intuition. I was wrong. I will do better
Onwards friends
💪🏻
Financial Engineering and The Four-Year Cycle - Caleb (JWP 115)
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Learn a unique investment strategy from Caleb that combines traditional finance expertise with Bitcoin, plus how to generate cash flow and build wealth through a covered call option strategy, and explore the intersection of sound money, time preference, and personal freedom.
0:08 Caleb on Applying Covered Call Options to Bitcoin
1:40 Utilizing Traditional Skills to Build a Bitcoin Position
6:59 Financial Engineering and Investing in Bitcoin
10:32 Replicating a Bitcoin Position Through Cash Flow
12:37 Creating Income with a Pure Bitcoin Buy and Hold
21:36 Counterparty Risk in Traditional Investments
28:51 Selling Consulting and Questioning Time
35:59 Living in a Debt-Based Society
42:37 Pricing Options and the Four-Year Cycle
51:33 Stepping into Parenthood
If you want to give value-4-value:
Via Fountain: boosts and all streams are split 50% with the guest
Via Nostr: zaps always welcome
Thank you
Best,
Jake
"Everyone thinks they're great until they get punched in the face."
Mike Tyson
One of the biggest lessons from last year: if you're sitting on a 5x gain, it means nothing, if you don't "take the profit", especially if the underlieing is as volatile as Bitcoin
Last night, as I struggled to sleep, the only thing that actually calmed me was when I started thinking about God
A higher power
Whatever journey this is that I am on, as I released myself to the experience, my nervous system responded with a knowing
You’ll be totally fine
This to shall pass
The more time that goes by, the more open I become
I would never have guessed this
You are not your money
How does Nostr make you "feel"? What is exciting with Nostr? Why build with it?
So interesting chatting with people actually building on Nostr
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Regretting past decisions as an investor is a tricky one
Case in point: I am regretting not taking “more profit off the table”. Beating myself up. Anxiously checking price. Regretting committing to capex on a property renovation. Wondering if I’ll ever own enough Bitcoin….
Coulda. Woulda. Shoulda.
Wallowing in victim hood is pointless
The question is: what next?
Need to evolve out of the emotions and get more practical
What a journey!
Blessed to have the space to make mistakes, learn, and iterate
Capital allocation is an amazing way to learn if you have had a good idea or bad
Good = an ROI to be pleased about
Bad = your money’s gone
Live with it Jake
What do you think?
Form an opinion and own it
The regret is a signal to improve. The symptom to dig deeper. To learn more. To gain a better understanding
The quest for wisdom was always going to carry a cost
So long as you have a net gain on the way through then you’re all set
Sending good vibes
Our biggest mistakes often become our best lessons
💪🏻