buckyfonds
Bucky Fonds

Buy a $100 US bond and frame it to teach your children about inflation by watching the US bond value diminish to almost nothing over the next 20 years.
- Marc Faber

2024-06-20 11:54:17

I'm proud of myself for having gained the ability to learn from and read the works of people I disagree with on one or more topics.
A few disagreements don't automatically invalidate everything a person has to say.

2024-06-19 14:54:28

The object of all education is to make folks fit to live.
- Laura Ingalls Wilder

2024-06-19 13:42:54

The real things haven't changed.
It is still best to be honest and truthful; to make the most of what we have; to be happy with simple pleasures; and have courage when things go wrong.
- Laura Ingalls Wilder

2024-06-19 13:08:13

Now do you see why war irritates me? It's always the same.
A lot of people get killed, but in the end, the whole thing is settled at the conference table.
The notion of having the conference first doesn't seem to occur to people.
- David Eddings

2024-06-18 15:58:19

Obviously, the real issue has nothing to do with fear itself, but, rather, how we hold the fear.
For some, the fear is totally irrelevant. For others, it creates a state of paralysis.
The former hold their fear from a position of power (choice, energy, and action), and the latter hold it from a position of pain (helplessness, depression, and paralysis).
- Susan Jeffers

2024-06-18 13:48:30

Five Truths about Fear:
1. The fear will never go away as long as I continue to grow.
2. The only way to get rid of the fear of doing something is to go out and do it.
3. The only way to feel better about myself is to go out… and do it.
4. Not only am I going to experience fear whenever I’m on unfamiliar territory, but so is everyone else.
5. Pushing through fear is less frightening than living with the underlying fear that comes from a feeling of helplessness.
- Susan Jeffers

2024-06-18 10:39:41

When a thing's done, it's done, and if it's not done right, do it differently next time.
- Arthur Ransome

2024-06-18 09:46:09

Don't listen to anyone who tells you that you can't do this or that. That's nonsense.
Make up your mind, you'll never use crutches or a stick, then have a go at everything.
Go to school, join in all the games you can. Go anywhere you want to.
But never, never let them persuade you that things are too difficult or impossible.
- Douglas Bader

2024-06-18 09:08:06

With all things being equal, the simplest explanation tends to be the right one.
- William of Ockham

2024-06-17 08:30:42

The greatest medicine of all is teaching people how not to need it.
- Hippocrates

2024-06-17 06:51:11

The best manager is also a philosopher.

2024-06-17 06:24:23

The unprepared mind cannot see the outstretched hand of opportunity.
- Alexander Fleming

2024-06-16 16:56:43

The death of fear is the price of progress.

2024-06-15 09:10:24

The truth is sometimes a poor competitor in the market place of ideas – complicated, unsatisfying, full of dilemmas, always vulnerable to misinterpretation and abuse.
- George F. Kennan

2024-06-15 07:12:22

J. P. Morgan was a bad guy, but god damn he was a witty motherfucker.

2024-06-15 07:10:57

No problem can be solved until it is reduced to some simple form.
The changing of a vague difficulty into a specific, concrete form is a very essential element in thinking.
J. P. Morgan

2024-06-15 06:57:20

"By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd."
- J. P. Morgan

2024-06-14 08:51:39

To win with ease, you have to play a different game, or play the game by your own rules.

2024-06-12 02:41:54

Question that applies to every political rally ever "What the fuck we clapping for?"

2024-06-11 11:51:16

"It does not require many words to speak the truth."
- Chief Joseph

2024-06-11 10:07:30

"Without some form of censorship, propaganda in the strict sense of the word is impossible. "
"In order to conduct propaganda there must be some barrier between the public and the event."
- Walter Lippmann
This is why we Nostr.

2024-06-11 10:01:20

"The wiser a man is, it seems to me, the more vividly he can see the future as part of the evolving present."
"He doesn't break the flow of life, he directs it, hastens it, but preserves its continuity."
- Walter Lippmann

2024-06-10 15:56:21

"It is easier to develop great power than it is to know how to use it wisely."
- Walter Lippmann

2024-06-10 15:40:55

- reply

I am well aware. If you've read the book "The great taking", it dives a bit deeper into the issue.
However, I simply meant that I no longer have to speculate and spend time picking companies (which I'm bad at) to out phase inflation.
I didn't indent to comment on the fuckery in the bowels of the stock market. This is an unrelated issue.

2024-06-10 09:24:59

"I am today what I established yesterday or some previous day."
- James Joyce

2024-06-10 03:32:07

- reply

Trying to pick single stocks. Instead, I'm just saving in Bitcoin.
You don't have to turn into a speculator anymore to preserve your purchasing power, however, most people still play this obsolete game.

2024-06-09 18:09:12

The fastest way to learn from other people's mistakes and experiences is to read quotes. E.g.:
1) https://www.azquotes.com/top_quotes.html
2) https://www.goodreads.com/quotes?ref=nav_comm_quotes

2024-06-09 15:11:27

- reply

Because the alternative is being a bitch.
Every time I don't do something I'm supposed to do, I lose a little bit of my self-respect and confidence.
It's all downstream from there - maybe I won't ask a girl out, maybe I won't present my new idea at work, maybe I won't ask for a pay raise.
I often ask myself "What will really fail me in life?", "What will really make me miserable and full of regret?", "If I continue on this path, where will I be in 5 years? 10 years?".
I never got into watching Tony Robins and all these con artists that charge insane amounts for seminars.
What does it for me is - what is the fucking alternative. And I've come to the conclusion that the pain of not doing the thing I'm supposed to do far exceeds the pain of doing the thing.

2024-06-09 12:39:59

High price often gives the perception of high quality.

2024-06-09 09:45:02

Diving down the Bitcoin rabbit hole has made me less retarded.
So much stuff to unlearn and learn.

2024-06-09 06:09:24

The company that needs a new machine tool and hasn't bought it is already paying for it.
Invest in yourself.

2024-06-09 03:56:29

If you have money, you can take control of your time.
If you have a money printer, you can take control of other people's time.

2024-06-08 10:38:57

Hedge fund manager trying to reach S&P 500's returns.
https://video.nostr.build/9675c004ea83667f353d1ee0c7971c715457a1c55dac8adb79e0f8fa195956cd.mp4

2024-06-08 06:17:55

#Bitcoin - not imposed on anyone.
#Fiat - imposed on everyone.

2024-06-08 04:47:59

After 2140, no new Bitcoin will be issued which means that the amount of new bitcoins in each block drops to 0 BTC.
Miners will only get paid via transaction fees.

2024-06-07 16:37:49

You should NOT buy Bitcoin before you study Bitcoin.

2024-06-07 09:10:36

We've been tricked into expending time and energy in return for government keystrokes and paper.

2024-06-07 08:22:22

anti Bitcoin = pro theft

2024-06-06 14:26:01

You can calculate the number of #Bitcoin halvings that have occurred by dividing the current block height by the halving interval (210,000).
For example, if the current block height is 846735 / 210,000 = 4.03 halvings.
Where the block height of a block is the number of blocks preceding it in the blockchain.
The 210,000 constant is the number of blocks between two halvings.
A new block is mined approximately every 10 minutes.

2024-06-06 10:01:23

AI and robotics are bullish for UBI.
The only reason we are going to need UBI is because central banks don't allow for prices of goods and services to fall.
This is the best case scenario for governments as it maximizes their power, control over citizens and dependence.

2024-06-04 14:19:11

In #Bitcoin, there's this thing called the difficulty adjustment.
As more and more hashrate comes onto the network, the difficulty is increased, so it becomes harder to win the block reward.
The goal is for each block to be mined approximately every 10 minutes, regardless of how much hash rate there is.
In fiat world, the rate of inflation is the difficulty adjustment.
As more and more currency is printed into existence, it becomes harder and harder to preserve your purchasing power.
The goal is for the majority of people to be stuck in an infinite rat race to nowhere, so they don't have time to question the policies of their government.

2024-06-04 13:01:27

The number of Bitcoins produced between July 2016 and May 2020 was 210,000 * 12.5 = 2,625,000
The number of Bitcoins produced between May 2020 and April 2024 is 210,000 * 6.25 = 1,312,500
The number of Bitcoins produced between April 2024 and the next halving is = 210,000 * 3.125 = 656,250
There are 210,000 blocks between each halving (approximately 4 years).
The number of bitcoins produced will continue to be halved every 4 years.
This calculation excludes the fees which cannot be calculated in advance.

2024-06-04 12:16:08

"The mind, once stretched by a new idea, never returns to its original dimensions." - Ralph Waldo Emerson
Once you see Bitcoin, you can never unsee it.

2024-06-04 10:12:56

The average person is busy buying things he doesn't want with money he doesn't have to impress people he doesn't like.
This doesn't apply to the average Bitcoiner.

2024-06-04 05:20:27

The boomers donating all of their debts to millennials.
https://video.nostr.build/9c94ccabd411c621297c7d400539b256afe097ea18a3d8f1e855978a6d5eebb5.mp4

2024-06-04 04:38:39

Telling my CFP friend to get off zero #Bitcoin.
https://video.nostr.build/465b67ad637e87f9a16ffcb8ff58c9106539f1e253d696263ad3d5715cbe06d7.mp4

2024-06-03 18:36:21

Your above average financial advisor's explanation of #Bitcoin:
Start playing video at 47:27 if it doesn't automatically.
https://youtu.be/wKv0gqXc5_M?t=2847
A 7 million times multiple... What in the actual fuck.

2024-06-03 17:42:08

Long-term bonds are return-free risk.
When you buy a long-term bond, you willingly donate money to the government, on top of taxes and inflation.

2024-06-03 11:59:18

Fiat slave trying to understand #Bitcoin
https://video.nostr.build/d7a9e79f355bc9b09f85bd63b9981269076740fb9ea79163301aabbe6d3602b0.mp4

2024-06-03 08:02:02

Proof of stake = Proof of the Cantillon effect

2024-06-03 08:01:29

People losing their #Bitcoin is the equivalent of Stock buybacks.

2024-06-03 05:50:59

In 2035, 99% of the total Bitcoin supply will have been issued.

2024-05-28 13:33:21

It is more important to use your mind to think than to use it as a warehouse for facts.
School and Uni mostly force you into the latter, and that's assuming your school is not propaganda-programmed.

2024-05-28 12:37:02

- reply

I would say that inflation (the FED) touches more people than the IRS (taxes), but I generally agree.

2024-05-28 12:33:44

"Life is too short to be little." - Benjamin Disraeli

2024-05-28 07:39:49

An Anonymous Source Shared Thousands of Leaked Google Search API Documents
Just 2 of the highlights:
1. During the Covid-19 pandemic, Google employed whitelists for websites that could appear high in the results for Covid-related searches
2. Similarly, during democratic elections, Google employed whitelists for sites that should be shown (or demoted) for election-related information
Source: https://sparktoro.com/blog/an-anonymous-source-shared-thousands-of-leaked-google-search-api-documents-with-me-everyone-in-seo-should-see-them/

2024-05-28 05:54:30

The most terrifying words in any language are "I’m from the US government and I’m here to help."

2024-05-27 15:52:58

When the tide goes out, you see who has a set of balls and who doesn't.

2024-05-10 05:48:16

Act as though it were impossible to fail.

2024-04-26 12:30:23

In hyperinflation, a kilo of potatoes was worth to some more than the family silver.
A side of pork more than the grand piano.
A prostitute in the family was better than an infant corpse.
Theft was preferable to starvation.
Warmth was finer than honor.
Clothing more essential than democracy.
Food more needed than freedom.
---
Quote from the book "When money dies".

2024-03-23 17:30:28

- reply

Grifters gonna grift. Shocking.

2024-03-20 20:54:12

Tell your loved ones to protect their fiat by converting to #Bitcoin.
This coming print will be greater than any other print we've seen.
I tried to warn family and friends, some listened, others are going to get robbed by this coming inflation.

2024-03-19 09:41:05

How the US government censors the entire world and has done so for many years.
https://rumble.com/v4k1wsb-system-update-243.html

2024-03-14 13:12:28

- reply

I am 95% allocated to the real thing. 5% is my degen miner allocation for excitement because I've spend (probably) thousands of hours researching miners.
Probably need a real hobby though.

2024-03-14 13:10:00

I have a feeling some of these #Bitcoin miners are going to outperform by a lot once the FOMO kicks in and the halving FUD subsides.
I like Bitfarms at these prices.

2024-03-13 09:54:49

The most important macro video you'll ever watch.
This is why #Bitcoin has no top.
https://www.youtube.com/watch?v=N349yy8V8sg

2024-03-13 07:29:27

My reaction when I first learned about #Bitcoin.
https://video.nostr.build/0dbca9d3f5fd6d4c5eb14524aa0a783ce59325277d153ca6ae78940c7ca57b27.mp4

2024-03-11 08:09:30

This is how I cope with tax season in my corrupt country.
https://video.nostr.build/4fc292f7a017370d71b51692a0386b72f1aae554b6e5cfb5ddaef0b3fb8fcb77.mp4
First they tax me implicitly through high inflation, then every 3 months they tax me explicitly and steal most of the money.
Only #Bitcoin can bring the power back to the people.

2024-03-09 08:43:48

- reply

The last few months have been getting worse and worse.
They (Twitter, Reddit, Instagram, Facebook, Google) keep banning opposing to the regime views.
Meanwhile I'm pretty sure the government is running bot farms on Reddit (and other media platforms) that are amplifying their views.

2024-03-08 15:45:18

In the past 90 days:
1. I got banned from Twitter (about 90 days ago).
2. I got banned from Reddit (today).
3. My programming blog got semi-deindexed from Google (yesterday).
I haven't done anything wrong - no threats, racism or anything like that.
The Twitter and Reddit bans were automatic. Got caught up in a filter a millisecond after posting.
I think I'll be using only nostr from now on.
It seems like the only asset you can truly own is #Bitcoin and the only platform you can own your profile on is nostr.
Also, F for my programming blog on which I've written 3,000 articles that just got murdered by Google for no reason.
https://m.primal.net/HirZ.png