mrldotsh
Mr. L

My car seems to be breaking down.
What would you do?
a) Get a loan for ~70k
- buy new Tesla Model Y (~60k)
- put remains in BTC (~10k)
b) no loan, lease
c) walk, stack sats

2025-03-22 16:58:17 GMT

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both technologies are playing the infinite game.
short term, there might be competition but it doesn’t matter long term.

2025-03-22 08:13:44 GMT

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very beautiful analogy.
that’s basically exactly what happened when I stood in front of the doorway with the bitcoin sign.
eventually, I just didn’t listen anymore and walked right pass them and never returned

2025-03-22 08:09:57 GMT

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It’s turtles all the way down

2025-03-22 08:08:29 GMT

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The programming language changed

2025-01-06 14:02:12 GMT

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That’s an option Bitcoiners can choose more easily.
Buy Bitcoin, hold long enough.
Then decide if you want to keep renting or buy a house at some point.

2025-01-06 10:10:40 GMT

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It’s the mindset. Always pushing, always searching. We keep getting lucky 🍀

2025-01-05 08:32:21 GMT

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Very true!
The ones already having debt/mortgages will move very late, or maybe never.
The mindset shift certainly will take quite some time.
But I still think it will accelerate over time. And faster than we think.
The people who do understand Bitcoin and were able to get rid of the thoughts/mindsets like „you have to have to own real estate“ demonstrate this shift already.
Their results will speak for themselves. Others will see it and follow suit.
That’s the basic thesis.

2025-01-04 08:41:38 GMT

You did it.
You crazy son of a b*tch.
You really did it.
Congrats 🥂
https://m.primal.net/NRUx.png

2025-01-04 08:23:43 GMT

Banks will start seeing real estate as risky.
Bitcoin is the best savings technology.
It’s therefore also the best collateral.
Hence, Bitcoiners will become the best and most "risk-free" borrowers.
Everyone who does not have Bitcoin will be considered as a more riskier borrower.
This will create pressure on real estate that is used as collateral.
What if banks are starting to see this?
How will they act?
Will they reevaluate real estate?
What if they start to think real estate is even riskier than it is today?
What will happen to the underlying real estate?
As Bitcoin monetizes and establishes itself into TradFi, money is moved from other assets to Bitcoin.
That's the "wealth shift" we're talking about all the time.
Yes, we all need a place to live. But the times where you buy nice property thinking you will be able to sell it for a much higher price may already be over.
Bitcoin is here to stay and it will be adopted more quickly from here on out.
Bitcoiners know the value of what they own.
More and more are starting to never sell their Bitcoin just to buy things, especially an overpriced home.
They will keep their Bitcoin, rent instead and wait for it all to play out.
As more and more learn about this and start doing the same, the price of Bitcoin will increase faster while the prices of real estate will fall faster.
However, as this happens, people dealing with other assets than Bitcoin will start seeing the other asset as riskier and riskier in at least two ways:
- there's opportunity costs of not having moved wealth into Bitcoin already ("Time in the market beats timing the market", especially in Bitcoin).
- there's increased risk that other players will realize the same and front run them.
That's the game theory part that will play out faster and faster.
The more I think about all this, the more I believe the "suddenly" phase will happen way faster than we all think it will play out.
https://m.primal.net/NRUQ.jpg https://m.primal.net/NRUR.jpg

2025-01-02 19:14:00 GMT

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I see what you did there.
Great choice 🤝

2025-01-02 10:32:39 GMT

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Some truth to it. Some even turn vegan.

2024-12-31 11:13:06 GMT

AI knows how to make a peanut butter sandwich and this will change everything.
Let me explain.
There's a very popular example in software engineering and computer science classes.
It aims to teach someone to "think like a computer".
Simply ask someone the question: "How do you make a sandwich?"
(If you like, stop here for a couple of minutes and think for yourself :))
Well, how do you make a sandwich? We tend to think this is very simple and, typically, come up with generic and broad descriptions.
"Place the bread, use a knife to spread peanut butter, easy."
Ok, true, but what if you want to program a machine to do the same?
Will this be enough?
See, computers were very stupid up until recently. It's all just zeroes and ones.
You have to explain every little detail, in the correct order, or else the program will crash and, in this case, the machine will fail to produce something as simple as a peanut butter sandwich.
"Place the bread, use a knife to spread peanut butter, finished."
What bread?
How do I need to place the bread?
What if it is not sliced already?
What knife do I need to use?
What if the peanut butter bottle is closed?
Does the machine know when to stop adding peanut butter?
How much is enough peanut butter?
Does the machine know to only add peanut butter to one side of the bread?
...
You get the drill.
Computers were very stupid.
You had to explain every little detail.
You had to.
That's history. We now got AI and that will change everything.
Yes, it's still clunky and doesn't work right away. But you can now just ask the AI "how to make a peanut butter sandwich" and it can comes up with a much more detailed version than just the generic and broad version presented in the beginning.
This is the very reason why robots will become reality.
Before, robots were just machines and you had to explain everything in full detail.
Very cumbersome, error prone, and expensive.
It's also why we build huge factory lines that do just a few single jobs at a time.
A factory line for baking bread.
A factory line for slicing bread.
A factory line for packaging.
A factory line for ...
AI makes it possible to have robots that learn and teach things to themselves.
Now, AI and robots might not replace factory lines.
Doing one thing is "easier to explain to the one machine" (i.e. slicing bread). But there's other benefits as well. You can add multiple knifes to one machine and slice the whole bread at once.
A human like robots with AI might be more intelligent than that single machine, but still not faster when it comes to slicing bread, because it may also have just 2 arms.
But AI and robots will change industries like we never saw before.
We saw this before.
It took 40 workers a whole weak to work a field of potatoes.
It now takes 1 worker and a tractor to do the same amount of work (or maybe even faster, or work bigger fields).
The same will happen again. But it will affect pretty much any industry.
I don't think we should be fearful of it.
We should embrace it.
It will make producing goods and services cheaper than we can imagine now.
It will make us more productive as a species.
The future will be bright and abundant.
https://x.com/i/grok/share/6ZrGmeZd0E3oNzgeK6iqzTzYg

2024-12-29 06:50:44 GMT

100 sats = 1 freedom unit
or
100 sats = 1 fu
1000 sats = 1k sats or 10 fu
100.000.000 sats = 1 BTC
or
1.000.000 fu
or
1 Mfu
#Bitcoin is fu money.

2024-12-28 05:27:30 GMT

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„Money talks. Wealth whispers.“

2024-12-26 08:17:49 GMT

Just leaving this here.
2025 will be 🔥
We’re winning 🥂
See you all next year 🤝
https://m.primal.net/NGyZ.jpg

2024-12-05 05:40:13 GMT

Congrats to everyone! 🍾🥂🤝
Now the fun begins.
The real FOMO starts when the 1st big exchange runs out of #Bitcoin.
Miners are starting to withhold #Bitcoin.
Instead of selling, they buy more.
Nation states adopting.
Big corporations.
@saylor as bullish as always.
Things will get wild.
Plan Accordingly.

2024-11-18 18:56:06 GMT

CPI is utter bs.
Just got back from my hairdresser.
She was nervous because she had to increase prices.
But she could *not not* do either.
Worked too many hours already.
Suppliers increased their prices.
Guess by how much?
That’s right.
40% over the years, not ~7-10%
40%.
This number keeps showing up over and over again when talking to real people working in all sorts of industries.
By how much was the money supply increased?
Yep. Roughly 40%.
Why do they keep telling us CPI is only ~3-10%?
This is why we study #Bitcoin

2024-11-10 16:19:06 GMT

All roads lead to #Bitcoin
https://m.primal.net/LytX.jpg

2024-11-06 11:49:49 GMT

Thank you, #Bitcoin Maxis 🤝
Thank you, for not shutting up.
Thank you, for not backing down.
Thanks for all the effort you did put in for those with an open mind.
I own you a lot 🧡

2024-10-26 05:14:06 GMT

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😂👌 so, they‘re still floating around space somewhere out there?
They‘ll be picked up by Starman 😃
https://m.primal.net/LiYp.jpg

2024-10-21 13:06:36 GMT

https://m.primal.net/LdKS.jpg

2024-10-20 12:31:40 GMT

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Buy #Bitcoin, hold for 4+ years and things will move into that direction again.
Bitcoin gives you options, including the the options to work on and for someone with values.
Bitcoin allows you to treat yourself better and go where you will be treated best.

2024-10-20 12:30:59 GMT

#Bitcoin
Allows you to treat yourself better.
Allows you to go to where you will be treated best.

2024-10-19 06:02:39 GMT

Business Strategy while transitioning to a #Bitcoin Standard:
- Deliver awesome goods & services
- Put 1-10% of profit in #Bitcoin
- don’t touch that stack for 1,5 cycle
Then, lower prices while keeping quality.
Your stack could allow you to subsidize and grow faster.

2024-10-10 17:52:25 GMT

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Tried it recently but won’t work for me anymore 🤷‍♂️

2024-10-08 04:31:07 GMT

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> Although holy shit has webdev become complex
Absolutely, and yet Elixir and Phoenix are trying to simplify things again.
Things are often way more complex than they need to be in JavaScript Land, I think.

2024-10-08 03:56:12 GMT

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Adding something will not help.
You need to build filters.
https://m.primal.net/LOUi.jpg
https://m.primal.net/LOUj.jpg

2024-10-08 03:45:48 GMT

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GIF = Graphics Interchange Format
You don’t say „Japhics Interchange Format“
You say „Graphics Interchange Format“
So, it’s GIF.

2024-10-08 03:42:59 GMT

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Probably also 0% 😄 But coins will get lost, I think we can’t do anything about this? 🤷‍♂️
If by deflation you mean price movements, then I‘d say we could look at the PC/chip market.
Don’t know if we would call it optimal, but it’s a working market, still.
Even if prices drop ~50% every year or two, or computing power doubles every year or two for roughly the same price.

2024-10-08 03:34:11 GMT

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It’ll be a long journey to „fix“ this mindset.
„Don’t trust, verify“ is probably the shortest explanation of this, but not well understood. At least not lived by most.
Probably also the reason why there are much more employees than self employed.
Many want to be told what and how to do things and never question the status quo, even as they get older.
I don’t know if that did change over the years, or if it will ever change?
Is this human nature?
Some question the status quo, most don’t.
Some lead, most follow.
Some self custody, most will never do?

2024-10-06 09:47:50 GMT

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Nobody is prepared for what is coming 😂👌

2024-10-06 09:46:13 GMT

People will benefit from #Bitcoin even if they don’t own it themselves.
Just like the printing press, #Bitcoin will make the world a better place for everyone.
#note12m9…tz0e

2024-10-06 09:43:58 GMT

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This may change soon(-ish)!
#note12m9…tz0e

2024-10-06 09:33:12 GMT

#Bitcoin Game Theory:
#Bitcoin will change the „business model“ of countries.
As soon as countries start to accumulate Bitcoin, the increase in purchasing power can change the „business model“ dramatically.
They will see surpluses, deficits.
Then, countries no longer rely on taxes and printing presses.
Countries can lower taxes to attract wealthy people und corporations.
They‘ll start competing for wealth and brain power.
People will benefit massively.

2024-10-04 13:17:27 GMT

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Wouldn’t it be great if this ended with a plot twist?
„We found the true identity.
We are all Satoshi.
Except Craig Wright.“

2024-10-04 13:14:57 GMT

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#Bitcoin is a garden.
Look at all the butterflies flocking in 🦋
(Butterflies may look like cyber hornets if viewed up close 🐝)
https://m.primal.net/LLAR.jpg

2024-10-04 04:08:43 GMT

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#note18y6…rv8l

2024-10-04 04:06:55 GMT

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It’s all just so incredible what’s being built in front of our eyes.
It’s all coming together so quickly and nicely 🧡

2024-10-04 03:48:40 GMT

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Leaving the worst community to join the best community.
Amazing 😃👏 Welcome! 🧡

2024-10-04 03:44:14 GMT

So, uploading a gif in @npub12vk…pugg turns it into a jpeg/png?
#note1pgm…8qee

2024-10-04 03:42:34 GMT

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Turtles all the way down.
https://m.primal.net/LKhR.jpg

2024-10-04 03:37:12 GMT

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Wouldn’t it be great if this ended with a plot twist?
„We found the true identity.
We are all Satoshi.
Except Craig Wright.“

2024-10-04 03:35:20 GMT

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🧡

2024-10-02 07:10:25 GMT

The rumors are true.
I bought again.
Not to state the obvious, but... hence, the price dump.
Sorry for ruining #uptober

2024-09-29 20:42:45 GMT

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Which is a good thing 👌

2024-09-29 20:41:03 GMT

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https://m.primal.net/LFsD.jpg

2024-09-29 20:34:58 GMT

Monthly finance check:
Do you have more #Bitcoin than last month?
https://m.primal.net/LFrm.jpg

2024-09-26 18:42:59 GMT

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Nope.
Memes make everything better.
Just like Bitcoin.
https://m.primal.net/KsBz.jpg

2024-09-24 19:50:50 GMT

Gold is scarce.
Bitcoin is finite.
#note1cqp…v847

2024-09-23 19:14:09 GMT

We‘ll always need money.
Let’s choose the best form of money.
For quite some time, I was a fan of „The Venus Project“ (https://www.thevenusproject.com/).
It envisions a future without war, military, crime, poverty, nation-states, and even without money.
How? In short, through technology and automation.
The key aspect was to get so efficient in everything we want to produce, that everything becomes free (as in „gratis“) and everyone can just pick up what they need at the next local store.
I always found this intriguing.
I liked the idea.
I could understand why we wanted to live in such a world.
Who wouldn’t want to get everything they need, for free?
But something didn’t add up.
I couldn’t point to it at that time.
Jacque Fresco, the founder, always seemed so sure about it. We don’t need a money.
But something bugged me.
Money is a tool.
Yes, our fiat money is broken.
It’s a broken tool. But a tool nonetheless.
What is it a tool for?
To store value, to transfer value. AND: to *measure* value.
Measuring value is a key aspect we often don’t understand well enough when it comes to money.
We don’t think of „measuring value“ when we „use“ money.
Not in the same sense as we measure length, for example.
Why?
Because the measuring tool, Fiat money, is broken.
It changes it’s own „length“ constantly.
We call it inflation.
Inflation hinders us to use the tool properly.
We constantly need to adjust to new units.
But we will always need to rely on a tool to measure value.
Even if everything is highly automated.
It can only become virtually free, but never *really* free.
We live on a planet with finite resources.
Even if we can produce anything through automation and don’t require costly human labor anymore, we will be bound to the constraints of a finite planet and it’s finite resources.
Many things may become „dirt cheap“, yes.
We may even consider it virtually free because it’s so cheap to, say, even buy/rent transportation.
But it can’t become totally free.
High automation combined with finite resources will require us to put a price on any resource we want to consume.
The free market mechanism need to be able to work.
If a once abundant resource becomes scarce, its price needs to rise.
If it wouldn’t rise, we’d exhaust the resource completely.
The price needs to rise.
We‘ll always need a money.
As such, we need to use the best money there is.
If we‘d still use Fiat money, the ones with the money printer will end up consuming all resource until there’s nothing left, just because they can pay any price they’re asked.
We’ll always need a money.
Let’s use a tool capable to *measure* value.
Let’s use a tool with constant units.
21 million. Never more.
#Bitcoin
https://m.primal.net/KzXR.jpg
https://m.primal.net/KzXQ.png
https://m.primal.net/KzXo.png
https://m.primal.net/KzXz.png

2024-09-21 07:48:00 GMT

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That’s why we stay humble and stack sats

2024-09-21 07:41:05 GMT

The Internet we have always wished for.
It’s being built out right in front of our eyes! 🙌
#note1tac…kvqy

2024-09-21 07:40:30 GMT

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The Internet we have always wished for.
It’s being built out right in front of our eyes! 🙌

2024-09-21 05:25:02 GMT

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👀

2024-09-21 05:21:16 GMT

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2nd attempt:
#note1y5g…mz86

2024-09-21 05:19:12 GMT

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🤝
note1y5gfgvwwdna0empmwjfz33956m0xw5r8jpperqranevvpgjdgveqgmmz86

2024-09-21 05:14:16 GMT

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And small fractions is all you will need :)
Feelings aside, try to look at things objectively.
It is difficult. No doubt about that.
But, is your life better now than before?
Is your net worth higher today than a year ago?
It doesn’t matter how big your stack is!
Don’t compare it to others. Compare it to your own history.
We are all struggling. We all want more. Unfortunately, we don’t own a money printer.
However, even if you don’t have any Bitcoin at all, your life will get better just because Bitcoin exists and improves the world around you.
Similar to the printing press, or the internet.
Bitcoin has the same potential to change the world again.
I hope to see the impact as well :)
Now, I just try to stack from time to time with what I have and that’s it.
It will be enough :)

2024-09-16 19:44:02 GMT

Try us 😄👍
#note156e…5upg
https://m.primal.net/KsBz.jpg

2024-09-16 19:43:35 GMT

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They can try :)
https://m.primal.net/KsBz.jpg

2024-09-16 19:40:27 GMT

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Unfortunately, it seems like they need to feel the pain themselves. They do not listen, it seems?

2024-09-16 19:33:28 GMT

Radical truth, freedom to say anything, even if someone might get hurt.
It needs to exists.
#note1yxk…6n4z

2024-09-16 17:44:47 GMT

Art and craftsmanship go hand in hand.
Enjoy what you do and give it your best 🧡
#note1s43…2ez5

2024-09-16 17:32:45 GMT

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GM 🫡

2024-09-15 19:11:52 GMT

Is there a way to know that a certain "input address" comes from a pool?
Or put differently: is there a way to show/proof that someone received sats from a mining pool?
And I mean way back, like a pool from 2010-2013?
#Bitcoin

2024-09-15 08:15:10 GMT

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Totally ok in my opinion.
You have to take more at first when engaging in new topics.
On the other hand, you might bring value even if you only ask questions.
Maybe you ask a question never ask before, shining a completely new light on a topic?

2024-09-15 08:08:29 GMT

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Nassim Taleb‘s Incerto Series. Especially „Antifragile“.
It eventually got me looking into #Bitcoin again.
Which I find ironic because he is pretty anti bitcoin nowadays 🤷‍♂️
But it got me thinking: „if the whole financial system is on the brink’s of collapse, could #Bitcoin be the one thing that gets stronger if all else fails?“
And the journey into the rabbit hole began. Slowly at first, of course. Then I didn’t fing my way back out :)

2024-09-13 20:43:41 GMT

Masterpiece.
Go read if you haven’t already :)
https://dergigi.com/2021/01/14/bitcoin-is-time/

2024-09-10 19:28:24 GMT

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Works great for me

2024-09-10 19:26:26 GMT

I won’t tell anyone, but there will be signs.
#note1e8g…8n7e

2024-09-10 19:07:55 GMT

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Nah, better sooner than later 😄👍

2024-09-09 19:58:57 GMT

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I actually do regret not buying an iPhone sooner.
For far too long I put up with Androi while already using a Mac 😄
Yes, price action hurts. On the other hand, it made life easier in many parts of my daily life.
So, some purchases need to be done without looking back (or the missed Bitcoin upside).

2024-09-09 18:25:55 GMT

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Don't mess with them!
They look peaceful, mostly are, but if know how to throw a punch.
https://m.primal.net/KlJH.png

2024-09-07 20:40:58 GMT

Feels like a new era has begun.
#note1m0g…k5z0

2024-09-07 20:39:14 GMT

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#Bitcoin Twitter was essential for my journey.
RIP Bitcoin Twitter
🫡

2024-09-07 20:28:07 GMT

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Looks pretty cool 😃👍

2024-09-07 18:04:31 GMT

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The Soul of Erlang and Elixir
https://youtu.be/JvBT4XBdoUE

2024-09-07 12:12:43 GMT

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😂 👌

2024-09-07 11:00:01 GMT

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🧡

2024-09-07 10:57:15 GMT

„Slow is smooth and smooth is fast“
– Navy Seals
One of the best trained people have a low time preference.
https://m.primal.net/KhwF.jpg

2024-09-07 10:44:27 GMT

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It’s smiling 🙂

2024-09-07 06:35:41 GMT

Does @npub1wxl…hcan still work for you?
I’ve set up a new connection, deleted the old one.
It does not seem to send zaps when posting the configured emoji (🧡) 🤔
#note17gt…9sww

2024-09-07 06:31:01 GMT

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🧡

2024-09-07 06:23:04 GMT

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Does it even work to zap yourself?

2024-09-07 06:21:25 GMT

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🧡

2024-09-07 06:20:24 GMT

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❤️

2024-09-07 06:19:26 GMT

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⚡️

2024-09-07 06:18:47 GMT

I‘ve set up @npub1wxl…hcan a while ago.
It seems I have forgotten what Emoji triggers the zap 😅

2024-09-07 06:00:58 GMT

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🧡

2024-09-06 19:24:07 GMT

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Bring it down
https://m.primal.net/KhHC.jpg

2024-09-06 18:57:28 GMT

We‘re living in strange phase.
A phase full of transitions.
Only a select few know what is about to happen. In all kinds of different areas.
#Bitcoin an #AI will change just about anything.
Soon, you will not be able to distinguish between reality and generated content, not just in the digital space.
Today, when you go to a train station and the automatic system announces the next train, or a delay of travel, or anything else, you’ll know it is a machine speaking preprogrammed words.
Soon, you will not be able to distinguish between a machine and a „real“ human voice.
It will sound the same.
And every other part will be affected and change in front of your eyes.
With texts we are already there. Images look like real pictures photos, songs sounds like real music (be it lyrics or instruments), and soon, videos will look like whole movies.
The nerds already see it. The ones surrounding the nerds begin to grasp it.
Same with #Bitcoin. People don’t see it coming. It will happen.
Slowly at first, then all at once.
I‘m glad I stumbled into all of this soon enough.
Ready for the change. Excited even.
But somehow, I also fear for all the others not seeing the changes coming.
GN my fellow psychopaths.

2024-09-06 16:53:09 GMT

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Autocorrect tricked me

2024-09-06 15:50:20 GMT

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True

2024-09-05 19:50:49 GMT

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😄👍

2024-09-05 19:45:28 GMT

„How many #nostr or #bitcoin users are there anyway?“
I call it the „@npub1der…xzpc -index“ 😂
#note1sk4…tgsc

2024-09-05 19:44:09 GMT

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Most are probably Bitcoiners, too.

2024-09-05 19:43:28 GMT

„NoBoDy iS oN NoStr. I DoNt gEt AnY LiKeS“
Well, @npub1der…xzpc has ~144k followers.
So, there are at least that many #nostr users.
https://m.primal.net/KfrS.jpg

2024-09-05 19:38:10 GMT

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Is it „slay your heroes“-season again?