📙Sunday reading - The Big Print. Enjoying it so far.

⚡️ Bitcoin and the Pursuit of Sound Money In a world increasingly characterised by uncertainty, the quest for sound money has never been more critical. The emergence of Bitcoin presents a unique opportunity to explore the fundamental principles of sound money, providing an alternative path to financial stability and individual empowerment. 📕 Understanding Sound Money At its core, sound money refers to a monetary system that maintains its value over time, allowing individuals to save and invest without fear of devaluation. Historically, societies have relied on substances like gold and silver, which possess intrinsic value due to their scarcity and desirability. However, modern fiat currencies often lack these characteristics, leading to inflation and loss of purchasing power. 🥳 The Bitcoin Revolution Bitcoin, created in 2009, embodies the principles of sound money in a digital form. Its capped supply of 21 million coins ensures scarcity, making it resistant to inflationary pressures. Unlike traditional currencies, which governments can print at will, Bitcoin operates on a decentralised network, governed by code rather than central banks. This decentralisation inherently enhances its credibility as a form of sound money. 🏅 The Role of Trust One of the most compelling aspects of Bitcoin is its ability to foster trust without relying on intermediaries. In a world where trust in financial institutions is eroding, Bitcoin offers a transparent and secure alternative. Each transaction is recorded on a public ledger, the blockchain, allowing for complete visibility and accountability. This transparency can restore faith in the financial system, enabling individuals to regain control over their wealth. 🧠 The Psychological Shift Adopting Bitcoin as sound money requires a psychological shift. It invites us to rethink our relationship with money, moving away from consumerism and short-term gratification towards long-term value preservation. This shift aligns with the principles of mindfulness—being present and aware of our financial decisions and their implications for our future. ⭐️ Conclusion: A Path Forward As we navigate the complexities of modern finance, Bitcoin stands out as a beacon of hope for those seeking sound money. Its principles resonate with the age-old wisdom of financial prudence while embracing the innovations of the digital age. By understanding and adopting Bitcoin, we can participate in a transformative movement that prioritises individual empowerment, transparency, and sustainable wealth. In this journey towards sound money, let us remain mindful of our choices and their impact on our lives and the world around us. The pursuit of sound money is not just about financial stability; it's about creating a future where our resources reflect our values and aspirations. #bitcoin #btc #soundmoney #money

Plot the correlation between Bitcoin price on the day of each halving vs the date and it’s a perfectly straight line on a log-log graph with an R squared value of 1.000 to 3 decimal places. Amazing! Using this model the predicted price at the next halving (2028) is ~$237,000.

I picked up this little book for my son for Christmas - a nice little stocking-filler. The 7 Habits of Highly Effective People was one of the first personal development books I ever read, and so I was pleased to see a version specific for kids to help instil that growth mindset.

Really impressed with Nostr. Very smooth. I’ve now set up a nostr.json file on my server to verify my @Nick name. (With thanks to Gemini AI to figure out how to do this with a Caddy server primarily serving a Ghost blog, all in docker containers).