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Lau
lau@nostr.report
npub1t2wy...8c2u
#bitcoin #nostr
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Lau 1 week ago
I'm grateful someone was willing to sell me some #bitcoin.
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Lau 1 week ago
#Bitcoin is the first and only money ever.
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Lau 1 week ago
If every HODLing Bitcoiner would get a loan at their own capacity today, to buy bitcoin with it straight away, it would send Bitcoin to $200k-$500k overnight. They could then liquidate a small portion of their #Bitcoin to settle the loan with. Rinse and repeat. Absolute scarcity is a monster fit only for real apes ๐Ÿ’ It would require discipline and coordination, not ape like mayhem.
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Lau 1 week ago
This is simple ape like financial advice for fellow apes, a thought experiment for very rudimentary thought capacity: Get a loan, borrow $100k @ 5% interest Keep $40k in a separate account so you can pay the interest for 8 years. (8y X 5% X 100k = 40k ๐Ÿ’) Buy #Bitcoin for the remaining $60k Wait. Don't spend the money you set aside for servicing the loan. Don't spend the bitcoin ๐Ÿต Check the price after 8 years. Celebrate.
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Lau 3 weeks ago
I'm not competing. I never have. I produce that which nobody makes yet. When marginal profit arrives I offer my work for free.
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Lau 3 weeks ago
In a fiat world, ideology is dominant over epistemology. #Bitcoin fixes this
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Lau 3 weeks ago
Everyone with half a mind started shorting dollars at a certain point, whatever the asset or commodity of choice. First principle: every unit in a credit system is credit owed to someone. Which means that every unit is owed with interest, which means the interest needs to be newly introduced into the system to maintain the debt. Interest is the natural growth rate of fiat. The extra money to pay the interest does not exist yet โ†’ it must be created by someone else taking on new debt. This is exponential decay, it is exponential because a percentage, no matter what the percentage is, is added every year to service the debt. This exponential property of fiat is mathematically absolute, totally glossed over by most economists, and only requires you to buy some #bitcoin in case it catches on.
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Lau 3 weeks ago
Fiscal dominance ๐Ÿ‘จ๐Ÿปโ€๐Ÿณ image
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Lau 0 months ago
The left side of the bell curve is louder, for many reasons. #Bitcoin image
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Lau 1 month ago
At least learn to play the game, and teach your children how to play too. Or get screwed by those who play.
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Lau 1 month ago
Belief is a construct to fullfill the expectations of the masses, because they expect to find certainty in their lives. The uncomfortable nature of our existence is that there is no certainty, only if/then relationships. Ideology is there to cloud your mind with fixed ideas of that which you'll never know with any certainty. You can have faith that the most plausible or the most desirable is your actual reality, but as soon as you start to believe you cloud your mind with fixations that block you from observation. Your epistemic ability will be compromised and your cognitive model will be filled with binary absolutes. This creates opposition in people, opposition towards eachother, opposition is quite literally the opposite of the most plausible model of reality: holism.
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Lau 1 month ago
About bubbles: It's not a bubble when the denominator expands and the numerator needs to adjust to that expansion. Nominal indexation needs to adjust because of m2 expansion. It's not about value, the value stays mostly the same. It's about nominal expression in an exponentially expanding currency.
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Lau 1 month ago
Core v30 vs. knots discussion? Nobody cares about fallacies. Nobody cares about solid argumentation. Great. Drama is way better of course.
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Lau 1 month ago
Ideologues will prefer ideology. #Bitcoin
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Lau 1 month ago
#Bitcoin is a bookkeeping system, a ledger, with a finite amount of units to record who owns how much value of the total system of value. The proposal it makes is to switch to this new system. You can do that by "buying" bitcoin, mining bitcoin or by accepting it as payment.
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Lau 2 months ago
There is no proof that a difference between physics and meta physics exists. The most basic assumption that the scientific method relies on is that it simply exists without a need for proof.
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Lau 2 months ago
DNA is not a blueprint. It's a behavior protocol that causes a cascade of behavior.
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Lau 2 months ago
The only thing standing in your way to a better life is you. Transform! Change! Become what you need yourself to be in order to reach your goal.
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Lau 3 months ago
Just make sure your midlife crisis is more fun than you thought it would be.
โ†‘