From Nik Bhatia's "Layered Money"...
The florin maintained an unchanged weight and purity, about 3.5 grams of pure gold, spanning an astounding four centuries. By the time the florin denomination was one hundred years old, it had evolved into the international monetary standard for pan-European finance. High salaries, jewelry, real estate, and capital investment were all priced in florin.
100 years to gain dominance. Without the viral tech we have now. Bullish
The Juice takes aim at the Australian guberment vs Facebook.
This isn't as humble as I could possibly be, and I'm open minded to the possibility that I'm wrong, but when people who have done nothing to educate themselves on #bitcoin try to convince me against it, I find myself thinking: one of us has put some effort into figuring this out and one of us hasn't. Odds seem to be against the human who hasn't thought about it being the one who is right.
Facebook “a networks effects company” bullying Australia “a country with a military”.
Sovereign companies are not far away.
1. So Facebook banned all Australian news sources from its platform because of PROPOSED legislation that would require Facebook to negotiate compensation for Australian media outlets
It's not even a law yet.
Been working my way through the Sovereign Individual for a little while. It keeps dropping crazy prescient calls...
"...one or more nation-states will undertake covert action to subvert the appeal of transience. Travel could be effectively discouraged by biological warfare, such as the outbreak of a deadly epidemic. This could not only discourage the desire to travel, it could also give jurisdictions throughout the globe an excuse to seal their borders and limit immigration"
Letting go of the guide rails can be a scary thought, but you don't need to do it all at once. Pick one, get comfortable, then move on.
Don't strive for perfection, strive for better.
Here's the perfect counterpunch to the notion that education is getting more expensive.
University degrees (etc) are horribly overpriced. But first class information, from the most elementary to the most advanced ideas, is free and abundant. You just have to think for yourself.
It took less than 50 days between this communication with Elon Musk and Michael Saylor on twitter and Tesla announcing a $1.5 billion purchase of #bitcoin.
Microstrategy's conference was held on February 3rd/4th.
50 days puts us at ~March 25th.
To the best of my knowledge, there is no zero risk option for storing your wealth.
Think it's prudent to take some profits from BTC gains and go back to dollars or euros or whatever, to avoid the risk of the price pulling back?
Well, there's risk in holding that fiat money too.
The zero risk option doesn't exist. Any money has risk. You just have to pick the one you think has the best risk/reward balance.
And if you've been paying attention, the answer might be quite obvious to you.
Elon may we'll have done some shit talking about Doge, but wasn't fking about with the
Bean Counter. Drop Out. Bitcoiner.
Bitcoin Maston Instance