The most frustrating thing about being a Bitcoin maxi is how it makes you into an extremely low time preference individual in a society that values extreme high time preference. But the frustration is ironically coming from the high time preference of wanting others to become low time preference 😂. Bitcoin is the ultimate low time preference money, but paying with Bitcoin requires the receiver to understand it enough to be able to provide a receiving address, or to at least use a payment processor that supports it. Then it requires that they understand how to safely hold it over time assuming they don't immediately convert it into fiat. In a high time preference society where people don't take the time to understand money, they just want paper cash or tap to pay plastic, this is very difficult to do. Especially with how many scammers and shitcoiners their are preying on the ignorance of the average person, which makes Bitcoin off-putting by association. I want to help the person in front of me with something that holds it's value better than fiat, and that doesn't fund wars and corruption. If I'm tipping $5 nobody wants to accept a silver dime, and I don't want to tip in paper or on a card, and they don't understand Bitcoin enough nor desire to spend the time learning it. I think my happy medium is the 1/4 Goldback. I like the fact that I can hand someone a sorta-spendable piece of art worth $2 that is made of $1 worth of Gold, so I hand them out as tips all the time (I ask if they'd accept it first). Usually I do it along with a $2 bill and a copper half dollar so it's a mix pack of different small units of money. Usually I ask if they accept Bitcoin or Goldbacks, I show Goldbacks and they say no. If it's a cashier at a counter service restaurant I just hand them cash, and when I pickup the food I ask if I can tip them a 1/4 Goldback and maybe hand it to them with at least one half dollar. Take 5 seconds. If it's a sit down restaurant I'll explain the history of sound money and show them old silver coins, I'll them explain Goldbacks as kind of an attempt to return currency to it's roots in gold, and I'll ask them if they would like to receive their tip in Goldbacks or cash or a mix of the two. They often request a mix of the two, and it feels good to introduce a unit of sound money into the economy. Spending paper and copper feels like burning money, as over the long term that's basically what happens to their value. At least with a 1/4 Goldback, the gold helps the note hold it's value against inflation which is a good happy medium in my book.

The only things I enjoy spending my Bitcoin on are: food, bills, medical/dental care, and physical precious metal products. There's no world in which I would endure hunger or physical pain from medical issues just to continue holding Bitcoin, as revolutionary as it is it's just money and there's no shame in actually using it to take care of yourself. There's also no shame in using your Bitcoin to buy other forms of physical value storage that have historically held a place in prosperous societies and will hold a place again in the future on a global Bitcoin standard. IMO the rise of Bitcoin will coincide with a resurgence of precious metal currencies. But instead of the precious metals being the ultimate store of value, they will become treated like cash is today. Just as you don't want to hold too much cash today and want to spend it, the same will be true of the "cash" of the future. Smart people will trade their excess gold and silver for Bitcoin, just as smart people trade their excess cash for assets today. Gold loses value against Bitcoin faster than cash loses value against gold, only gold is able to support a happy long life while paper cash cannot. In a world with a Bitcoin standard, you can use Bitcoin in place of gold as the pinnacle of value storage and just spend gold into the economy. Those who do not understand Bitcoin, can use gold to support a happy life until they learn to understand why Bitcoin is trustworthy. There is value in transferring value without the aid of a computer, physical currency is more intuitive and easier to understand and that's okay. Both will have their place in the economy to come.

Bitcoin's success is all but guaranteed over the long term. The math is sound, the distribution and control is decentralized, the economic incentives are strong, and the need is great. I've made predictions in the past, they turned out incorrect. I think the failure is trying to put Bitcoin into predicted specific outcomes when it should be looked at more elastically. Bitcoin is on the path to some day bring the world into a new age of energy abundance. Not just in creation and usage, but in storage as well. Do things, don't do things, the end result of global Bitcoin dominance will still occur according to cause and affect. Focus on your family, your health (mental/physical), and defend your future by building your stack enough to be ready for anything.

Tired of cults controlling everything. Which is why I use Bitcoin.

I have been on and off writing chapters for potential books about Bitcoin, mining, energy, the dollar and Gold and silver, for the last few years. Haven't published anything. I think I'm going to change my methods, instead of writing a single book I'll publish articles/reads on Nostr and maybe other sites like substack. Inspired by Parker Lewis turning a bunch of his articles into his book titled "Gradually, Then Suddenly". Any advice on that from my Nostr peeps?

Bitcoin is money. The stock market is gambling with money. The stock market is from what I can tell currently in a 90s era style tech bubble, generally in these situations gamblers ("I'm smart") or people who don't know any better move their money into said stocks. Doing so reduces demand for money and increases demand for the stocks. Bitcoin is down IMO primarily because the stock market is going crazy and people are jumping out of the "dead/boring" Bitcoin and gambling it into stocks. But stocks aren't money, stocks aren't scarce, stocks are massively overexposed to the centralized and manipulatable debt based paper instruments in which they are often measured. There's no fundamental reality-based reason why the stocks are going up so much, while there are fundamental reality based reasons why Bitcoin goes up in value over time: Programmed increasing valuation against time and energy. Limited supply. Proof of work issuance. Decentralized program updates. Etc. Eventually this stock FOMO and Bitcoin FUD will experience a massive reversal, at that time people will rush out of stocks and back into money and debt based centralized paper instruments they've been conditioned to see as money. But Bitcoin, with it's concretely inelastic supply, will benefit the most. The entire world has never been more interconnected, productive, or technologically advanced as it is today all while the majority of people struggle to survive because they don't have sound money. 9 billion individuals, in order to conduct transactions with one another in the largest free market economy the world has ever seen, are in desperate need for decentralized sound money. The world doesn't need stocks, AI, or data centers, it needs money. Bitcoin is money.

Good morning everyone. I hope you all have a great day today. ☺️

Bitcoin is the invention of financial fire. The achievement of abundant scarcity. Humanity will never be the same.

Artist: Aurenza Titles: Breath In, Let Go (Reimagined) Shadows Leaning