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bitcoin

Joined March 2021
Photo by rodman. (@roxqsta)Photo by rodman. (@roxqsta)Photo by rodman. (@roxqsta)Photo by rodman. (@roxqsta)Photo by rodman. (@roxqsta)Photo by rodman. (@roxqsta)Photo by rodman. (@roxqsta)Photo by rodman. (@roxqsta)
First they ignore you, then they laugh at you, then they fight at you, then they add you to their Long-Term Capital Markets Assumptions paper and predict you'll be the best-performing asset of the next decade.
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rodman. retweeted
Checking in on the fiat currency experiment.
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πŸ‡―πŸ‡΅ En JapΓ³n: * Decides comprar una casa. * Encuentras una que te gusta. * Preguntas cuΓ‘nto cuesta. * Te explican cuΓ‘nto vale el terreno y cuΓ‘nto la construcciΓ³n. * Porque allΓ­ han descubierto algo que en EspaΓ±a todavΓ­a cuesta entender: las casas envejecen. * Compras la vivienda. * Pasan 5 aΓ±os. * La construcciΓ³n ha perdido valor. * Pasan 10 aΓ±os. * Ha perdido todavΓ­a mΓ‘s. * Nadie organiza una cena para presumir de patrimonio. * Pasan 20 aΓ±os. * En muchas viviendas unifamiliares, la construcciΓ³n apenas tiene valor de mercado. * Aunque tenga tejado, ventanas y hasta una cocina reciΓ©n reformada. * Aunque tu cuΓ±ado espaΓ±ol insista en que el ladrillo nunca baja. * Decides venderla. * El comprador pregunta cuΓ‘nto vale el terreno. * DespuΓ©s pregunta cuΓ‘ntos aΓ±os tiene la casa. * Le dices que 25. * No le importa que tΓΊ pagaras una fortuna por ella. * Tampoco que pusieras suelo porcelΓ‘nico imitaciΓ³n mΓ‘rmol. * Puede que quiera reformarla. * O directamente tirarla abajo y construir otra. * Incluso tendrΓ‘s que descontar el coste de demoliciΓ³n. * Hay casas abandonadas, llamadas "akiya", que nadie quiere comprar. * Algunas cuestan menos que un Seat Ibiza. * Otras ni regaladas encuentran dueΓ±o. * Porque tener una casa vieja tambiΓ©n cuesta dinero. * En Tokio y otras zonas demandadas, el suelo puede valer una fortuna. * Pero una construcciΓ³n antigua no se convierte en oro por el simple hecho de existir. * Y nadie tiene por quΓ© pagarte 80.000€ mΓ‘s porque llevas 20 aΓ±os diciΓ©ndoles a tus amigos que comprar fue la mejor decisiΓ³n de tu vida.
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A bank having more restrictions on cash withdrawals than deposits seems fairly sensible to me.
Best Bitcoin commercial I’ve recently seen
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i asked opus 5.5 to make a 3 min video about the history of bitcoin i told claude to rely on data from my local 1.8 tb postgres database of bitcoin data (coins, blocks, hacks, attribution, everything) here’s what opus made in 1 hour 22 mins on max effort with a 10 line prompt
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πš πš‘πšŽπš— πšπš‘πšŽ πšœπšžπš’πšπšœ πšŒπšŠπš™πš’πšπšžπš•πšŠπšπšŽ, πšπš‘πšŽπš’β€™πš•πš• πš‘πšŠπšŸπšŽ 𝚝𝚘 πš‹πšžπš’ πš‹πš’πšπšŒπš˜πš’πš— πš’πš— 𝚊 πšœπš’πš£πšŽ πš—πš˜πš‹πš˜πšπš’ πš‘πšŠπšœ πšœπšπš›πšŽπšœπšœ-𝚝𝚎𝚜𝚝𝚎𝚍. πšπš‘πš’πšœ πš’πšœ πš πš‘πšŽπš›πšŽ πš’ πš›πšŽπš’πš—πš’πšπš’πšŠπšπšŽ πš•πš˜πš—πšπšœ. πš πš‘πšŽπš— πšπš‘πšŽ πš•πš˜πšŸπšŽπš›πšœ πš‘πšŠπšπšŽ, πšπš‘πšŽ πšŠπšŒπš’πš πš‹πšžπš’πšœ.
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πšπš‘πšŽ πšπšžπš•πš• πšŠπš›πšŒπš‘πš’πšπšŽπšŒπšπšžπš›πšŽ, πšπš‘πšŽ πš‘πš’πšπšπšŽπš— πš›πš’πšœπš” πšŠπš—πš πšπš‘πšŽ πšπš’πšœπšŒπšŠπš• πš πšŠπš› πš‹πšŽπš‘πš’πš—πš πšπš‘πšŽ πš–πš’πš•πš•πš’πš˜πš—-πšπš˜πš•πš•πšŠπš› πš‹πš’πšπšŒπš˜πš’πš—:
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rodman. retweeted
The 80 year cycle and fourth turning
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rodman. retweeted
He chose the wrong person.
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Replying to @bramk @grok
this is pretty neat
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US debt is at the highest level in history. Cost of rent is at the highest level in history. Food prices are at the highest level in history. College tuition is at the highest level in history. Vehicle prices are at the highest level in history. Health insurance is at the highest level in history. Cost of childcare is at the highest level in history. Home prices are at the highest level in history. The money supply is at the highest level in history. This is what happens to prices when the currency is broken.
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Governments have PLENTY of unpleasant ways to prevent an outright currency collapse. There’s a huge amount of ugly territory between β€œeverything being fine” and a Weimar-style hyperinflation.
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πŸ‘€ Nothing stops this train. Run your own LLM’s. Run your own nodes. Learn how to protect your keys. Start now.
I resigned from Anthropic today. I spent the last three years doing pretraining research at both OpenAI and Anthropic. Neither company is acting responsibly. They are racing straight to self-improving superintelligence and gambling with our lives. More thoughts below.
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rodman. retweeted
Here is the inflation the government won't tell you about:
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Bitcoin is freedom money. Stay humble and stack sats.
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$BTC: Bears will become very loud in the next days, and bulls will feel the pressure and the market is designed to trap those late bulls and punish them for being late to the party. A manipulation to flush away the weak hands is likely & and before people take words out of context: I’m expecting a sideway range between 71-82k as mentioned in the Sunday report, with 71k as floor level, and 82k that needs to see a breakout and I’m betting on that breakout, no matter if it happens on the first or third attempt. To make this point clear as well: I’m not shorting, I’m not selling and I’m keeping my spot positions from 62k open. Drink tea and relax.
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Great video from Cory to share with anyone who tells you bitcoin is a ponzi scheme.
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Bitcoin’s performance comes in violent repricings. You blink and it rips another 30%. Miss its 10 best days a year, and even owning Bitcoin the other 355 days historically loses money. This is why we HODL. Bitcoin rewards humility. Stay humble. Stack sats. HODL.
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Yet Another Eulogy
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rodman. retweeted
Bitcoin is not crypto
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