Why a Traditional VC Model Doesn't Align with the Bitcoin Standard?
A Thread:
Time Preference: In the VC world, there's a high time preference to deploy capital due to the typical deployment period. This urgency can sometimes lead to hasty decisions, not always aligning with the long-term value proposition of Bitcoin.
Illiquid Equity Risks: Investing in illiquid equity presents challenges. There's the risk of dilution, which can erode shareholder value. Additionally, liquidity events can be unpredictable, making exit strategies complex in a Bitcoin-centric ecosystem.
Fiat's Counterparty and Debasement Risk: In traditional VC, fiat often serves as the primary liquid position. However, its inherent counterparty risk (e.g., SVB) and debasement risk from central bank actions highlight its vulnerabilities in the current financial landscape.
While the VC model has its merits, adapting it to the Bitcoin Standard requires a reevaluation of strategies.
The solution is simple: prioritizing Bitcoin allocation can truly harness the potential real return for LP investors without facing the problems identified above.
The Bitcoin Standard's author, @saifedean, sums it up elegantly, “Sound money allows people to think about the long term and to save and invest more for the future. Saving and investing for the long run are the key to capital accumulation and the advance of human civilization.”
I started kettlebells about 15 years ago. @npub1sg6…f63m got me interested again, so I ask ChatGPT 4 to give me a 15 minute regimen
—-
Certainly! If you're a beginner with kettlebells, it's crucial to prioritize form over intensity to minimize the risk of injury. Here's a 15-minute routine tailored for a beginner kettlebell user:
**Warm-Up (3 minutes):**
1. **Arm Swings (30 seconds)**
2. **Leg Swings (15 seconds each leg)**
3. **Jumping Jacks (1 minute)**
4. **Bodyweight Squats (1 minute)**
5. **Torso Twists (30 seconds)**
**Main Workout (10 minutes):** Perform each exercise for 45 seconds, followed by a 15-second rest.
1. **Kettlebell Deadlifts:** Stand with feet shoulder-width apart, kettlebell between feet. Push hips back and bend knees, keeping a straight back, to grip the kettlebell. Stand up by straightening your hips and knees.
2. **Kettlebell Goblet Squats:** Hold the kettlebell close to your chest with both hands. Perform a squat, keeping your back straight and pushing your knees out.
3. **Kettlebell Rows (two-arm):** Stand with feet hip-width apart, holding the kettlebell with both hands. Bend your knees slightly and hinge at your hips, keeping a straight back. Row the kettlebell to your hip level by pulling with your elbows.
4. **Kettlebell Russian Twists:** Sit on the floor with knees bent. Hold the kettlebell with both hands at chest level. Lean back slightly and rotate the kettlebell from one side of your body to the other.
5. **Kettlebell Deadlift High Pull:** Similar to the kettlebell deadlift but as you stand, pull the kettlebell up to shoulder height, leading with your elbows.
6. **Kettlebell Halo:** Hold the kettlebell upside down (bottom facing up) close to your chest. Move the kettlebell around your head, making a halo motion.
7. **Kettlebell Swing (two-arm):** A foundational kettlebell movement. Start with the kettlebell between your legs and use your hips to swing it up to shoulder height. Remember to keep your back straight and use your hips, not your arms, to drive the movement.
**Cool Down & Stretch (2 minutes):**
1. **Hamstring Stretch (30 seconds each leg):** Sit on the floor, extending one leg out and the other folded in. Reach towards the extended leg's toes.
2. **Quad Stretch (30 seconds each leg):** Stand and pull one heel towards your glutes, holding onto something for balance if necessary.
3. **Torso Stretch (15 seconds each side):** Stand with feet hip-width apart, hold the kettlebell with one hand and reach it overhead, leaning to the opposite side.
4. **Wrist Flexor/Extensor Stretch (15 seconds each side):** Extend one arm in front, palm up, use the other hand to gently pull the fingers back, then flip the palm down and pull the fingers towards you.
Remember, if any movement feels uncomfortable or painful, stop immediately. As you become more comfortable, you can increase the weight or add more reps. Always consider consulting with a fitness professional to ensure proper form and safety.—-
🏴☠️⚡💎 #BTC #MktCAP #DEBT #RATIO 💊🧡🚀
Current ₿ Market Cap: $518,172,931,046.00
Current US National Debt: $33,100,408,357,471.81
Current ₿/Debt-Ratio: 1.57%
2022-09-30:
₿ Market Cap: $319,722,045,805.10
US National Debt: $30,928,911,613,306.73
2022 ₿/Debt-Ratio: 1.03%
2021-09-30:
₿ Market Cap: $892,648,631,305.54
US National Debt: $28,428,918,570,048.68
2021 ₿/Debt-Ratio: 3.14%
2020-09-30:
₿ Market Cap: $535,967,306,917.84
US National Debt: $26,945,391,194,615.15
2020 ₿/Debt-Ratio: 1.99%
2019-09-30:
₿ Market Cap: $131,377,523,457.07
US National Debt: $22,719,401,753,433.78
2019 ₿/Debt-Ratio: 0.58%
2018-09-30:
₿ Market Cap: $66,494,185,030.59
US National Debt: $21,516,058,183,180.23
2018 ₿/Debt-Ratio: 0.31%
2017-09-30:
₿ Market Cap: $248,925,602,660.69
US National Debt: $20,244,900,016,053.51
2017 ₿/Debt-Ratio: 1.23%
2016-09-30:
₿ Market Cap: $15,537,921,940.53
US National Debt: $19,573,444,713,936.79
2016 ₿/Debt-Ratio: 0.08%
2015-09-30:
₿ Market Cap: $6,479,728,151.18
US National Debt: $18,150,617,666,484.33
2015 ₿/Debt-Ratio: 0.04%
2014-09-30:
₿ Market Cap: $4,338,943,850.32
US National Debt: $17,824,071,380,733.82
2014 ₿/Debt-Ratio: 0.02%
2013-09-30:
₿ Market Cap: $9,205,343,763.00
US National Debt: $16,738,183,526,697.32
2013 ₿/Debt-Ratio: 0.05%
#Bitcoin #BTC #soundMoney #zap #graduallyThenSuddenly #twentyOneMillion #blockForBlock #stackingSats #zappingSats #nyknyc #dyor #unbankTheBanked #runBitcoin #financialFreedom #nostr #plebchain
#PV 🌞☕💜
It's ₿809,133 o'block.
🏴☠️⚡💎🙌💊🧡🚀
🔶🔶🔶 Market-Data 🔶🔶🔶
#BITCOIN price is at $26,576.17
Sats/$: 3,763
24h Price-Change: 0.02%
#BTC is -60.7% down from #ATH
#BTC has 154.43% left to reach #ATH
Market-Cap: $518,087,093,177
Market-Domination: 47.36%
24h Market-Cap-Change: 0.0%
24h Total-Trading-Vol.: $2,077,276,643
🪙🪙🪙 BTC-Supply-Data 🪙🪙🪙
Circulating Supply: 19,494,575
Coins left to mine: 1,505,425
Total-Supply-Progress: 92.831%
Halving-Date: ~2024-03-19 18:52
Days until next #BTC-Halving: ~177
Blocks until next #BTC-Halving: 30,867
🕸️🕸️🕸️️ BTC-Network-Data 🕸️🕸️🕸️️
No. of Full-Nodes: ~6,616
Chain-Size: 478.1 GB
Overall Transactions: 899,704,323
Transactions 24h: 629,871
Avg. 24h TX Fee: ⚡7,814 | $2.08
Median 24h TX Fee: ⚡3,403 | $0.90
No. of Addresses: 50,091,017
⛏️⛏️⛏️ BTC-Mining-Data ⛏️⛏️⛏️
Avg. Blocktime: 8.27 min.
1-Day Net-Hashrate in EH/s: 445.456
7-Day Net-Hashrate in EH/s: 404.504
30-Day Net-Hashrate in EH/s: 397.598
90-Day Net-Hashrate in EH/s: 387.358
365-Day Net-Hashrate in EH/s: 324.673
Net-Difficulty: 57,119,871,304,635
Dif. Progress: 35.6%
Dif. Change: -1.7
Next Dif. Adjustment: 2023-10-03 17:24
Blocks until next Dif. Adjustment: 1299
Mining-Sustainability: 53.75%
Mining-Reward per Block in BTC: 6.25
⚡⚡⚡ Lightning-Stats ⚡⚡⚡
1-month tendency
#Nodes: 15,616
#Channels: 68,823
Tor-Nodes: 10,909
Clearnet-Nodes: 2,143
Total Capacity in BTC: 4,909.15
Avg. Capacity in Sats: 7,133,006
Avg. Base Fee in mSats: 850
🔥💸🔥CPI DATA🔥💸🔥
as of AUGUST 2023 YoY | MoM
G7:
🇺🇸United States: 3.7% | 0.4%
🇩🇪Germany: 6.1% | 0.3%
🇮🇹Italy: 5.4% | 0.3%
🇫🇷France: 4.9% | 1.0%
🇬🇧Great Britain: 6.2% | 0.3%
🇯🇵Japan: 3.3% | 0.5%
🇨🇦Canada: 4.0% | 0.4%
BRICS:
🇨🇳China: 0.1% | 0.3%
🇮🇳India: 7.5% | 2.4%
🇷🇺Russia: 22.5% | 5.6%
🇧🇷Brazil: 4.6% | 0.2%
🇿🇦South Africa: 4.8% | 0.3%
☝️this is why we #hodl & #stacksats ☝️
#Bitcoin #soundMoney #zap #twentyOneMillion #blockForBlock #stackingSats #zappingSats #nyknyc #dyor #unbankTheBanked #bankrun #runBitcoin #financialFreedom #nostr #plebchain
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!!!no financial advice!!!
Ich denke eben das Gegenteil ist der Fall. Zentrale Entitäten einzubauen, die so einen fee-Ziel festlegen, wäre ein massiver Eingriff in den Miningmarkt. Es ähnelt einer staatlichen Subvention.
Wird der Betrag zu hoch angesetzt, können Miner wirtschaftlich agieren, die teure Energie nutzen und ohne diese Subvention aus dem Markt gespült würden.
Ist der Betrag zu niedrig, können nur jene Miner profitabel agieren, die an günstigen Strom herankommen und man hätte kaum etwas gewonnen, was die Security angeht.
Wie ihr schon gesagt habt, einfach die Füße still halten und gar nicht intervenieren.
Ich denke, wenn der Bitcoin Preis steigt, können Miner weiterhin mit dem reward auskommen. Der Markt regelt, einige werden gehen müssen, andere werden ins Mining einsteigen, wenn sie Energie günstig genug ist.
Sollte der Preis nicht steigen, ist Bitcoin es eben auch nicht wert, durch eine Menge an Mining geschützt zu werden, welche es Angreifern unmöglich macht, wirtschaftliche Angriffe durchzuführen. Offenbar hat Bitcoin in diesem Fall zu wenige Leute erreicht.