DK (@DaveKrock) header
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Building, co-founding, or investing in your next chapter @PermaVentures. Generalist, remixing wisdom for truth, beauty, fun+profit with my friends. #Bitcoin -er

Michigan, USA
Joined June 2008
Photo by DK (@DaveKrock)Photo by DK (@DaveKrock)Photo by DK (@DaveKrock)Photo by DK (@DaveKrock)Photo by DK (@DaveKrock)Photo by DK (@DaveKrock)Photo by DK (@DaveKrock)Photo by DK (@DaveKrock)Photo by DK (@DaveKrock)Photo by DK (@DaveKrock)
What’s an idea you’ve been thinking about constantly? Could be big or small, but something your mind keeps returning to.
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According to @PFF, that was a single.
Second home run of the night 44 home runs on the season HAVE A NIGHT, PETE CROW-ARMSTRONG!
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🚨BREAKING: European Commission confirms its website was breached after a hacker said they stole more than 350GB of data. The hacker plans to publish it online.
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Choose Your Own Adventure Books (and RPGs), combined with the learned musical skill of creation of things people liked from scratch, through a team of differing personalities/skills, became the DNA that, expressed, made me an entrepreneur/investor. Just realized this in 2019.
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Daaaaaa Pope
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Running bitcoin
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Partnering with an exceptional CEO makes forecasting unnecessary.
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simple 15 cell cash-on-cash calc that gets you to within 100bps of the IRR of the full model anyways
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While nearly all investment information has a short expiration date, partnering with an exceptional CEO can pay off for decades.
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1. Fiat - Only the gov can print money, and the people pay for it via inflation. 2. Crypto - Anyone can print money. Battle royale, no rules, no mercy, good luck. 3. #Bitcoin - Nobody can print money, because digital scarcity is a one-time phenomenon (and Bitcoin is it).
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Michigan is #Bitcoin country. 🤘🏼
BIG NEWS🚨 Minutes ago the State of Michigan Retirement System revealed owning $6,600,000 worth of #Bitcoin ETF as of June 30th, per SEC filing. #BTC is up 8% since June 30th. That is about $0.71 of #BTC per MI citizen. I wonder when the state will 1,000x their allocation and go to $700 of #Bitcoin per citizen? 🤔 As someone from Michigan… boo yah on being ahead of the curve. They got off zero.
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Lake Satoshi is the real deal. No BS. Pure signal. Relaxing vibes, good food. There’s a reason it’s called a Retreat, and not a conference. If you’re in or near Michigan, I highly recommend making the trip out to Lainsburg (just north of Lansing) and hang out for a day or two. Bring a tent and a sleeping bag. August 9-11
#LakeSatoshi Retreat August 9-11th $21 entry fee for the weekend Save your money, and your dignity.
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The quality of a relationship is measured by whether "cuts" inflicted heal to .99 or 1.01. All relationships of depth involve periodic cuts (wounds/disagreement). Cuts heal to 1.01 by repair and understanding vs. only healing to .99 by bypassing effects & no repair time.
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Just got back from a week at the TED conference. My biggest takeaway this year: Becoming an interesting person with interesting friends beats becoming a rich boring person. I met a lot of people who left money on the table to do something interesting and they were consistently happier and more enjoyable than those who optimized purely for wealth.
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Everything in red is regulated in such a way that market forces don’t apply freely. Blue lines are unencumbered.
JUST OUT: "Chart of the Century" Update through June 2024 based on yesterday's CPI report. A few observations: 1. The cost of Hospital Services continues to rank No. 1 and has escalated significantly in the past few years. 2. College Tuition continues to rise but at a slower rate in recent years. 3. College Textbook costs have been flat for about the last 8 years, thanks to competition and low-cost (or free) alternatives to traditional textbooks. 4. Increases in the prices of New Cars, Household Furnishings, and Clothing have accelerated in recent years.
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Nostr serves as the credible backup plan for when governments seize or ban X.
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If you earned $1 million every day since Jesus Christ was born, you'd only have 85% of what the US government has spent to cover its debt interest so far this year. Seems totally sustainable.
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