SMART goal setting was created by middle managers, not world changing entrepreneurs, and has no empirical data to support that is works Elon Musk recently talked about the importance of setting unrealistic goals (not realistic ones) Here's the mechanics of why this works
Over the years I've found that respectfully challenging people while offering information they are probably not aware of is a vastly better strategy to both passive acceptance of an opinion formed in ignorance, or antagonism. image
Wrong question: "how do I delegate?" Right question: "what will happen if I don't delegate?" Once you're clear on that, the next part becomes a lot easier
#042 of the Bitcoin Adoption Forecast is out: check your email and spam filters * This newsletter looks at Bitcoin price charts, often quoted on Twitter, that are now providing a false price signal and then looks at the impact this has on adoption
In the last week we've seen 1. Bitcoin payments enabled at more than 4 Million stores worldwide 2. Japan announce that they are using Bitcoin mining to help stabilize the grid so they can place more wind and solar power on it 3. The world's first Central Bank make its first purchase of Bitcoin. Probably nothing. image
Yes, don't sell most of your Bitcoin, but remember: your Bitcoin will be worth a lot more if it achieves ubiquity. Cars, the radio, computers, The Internet became ubiquitous because people used them, and saw other people using them. Kinda weird to imagine that the best way to achieve Bitcoin ubiquity is by everyone not using it.
Imagine waking up to find the money you’ve saved for decades is worthless, because your government decreed overnight it was no longer legal tender This happened to Win Ko Ko Aung. Bitcoin literally changed his life. He tells his story in my newsletter πŸ‘‡
Bitcoin cannot give you freedom ... Broke my sub-90sec rule to make this one. But it's topical (and personal)
The most important thing happening in Bitcoin this week is not the ATH...
Just gave a 35-min online talk + Q&A to 115 financial regulators from countries including US, UK, Australia, Egypt, Brazil, Indonesia, Ukraine, Nigeria, Uganda (over 20 nations in total) about Bitcoin In the audience was the director of the central bank of paraguay, deputy director of the central bank of pakistan. director of the Securities and Exchange Commission (CVM) for Brazil, deputy director of the Monetary Authority of Singapore and many divisional heads. A big focus for the talk was how Bitcoin is financial inclusion technology for the world's 1.4Billion unbanked, and how it is financial freedom technology for human rights activists around the world. Strongly featured the work of Alex Gladstein and HRF, the work of Bitcoin mining companies who are helping bring people out of energy poverty, while stabilizing the grid and improving energy security and affordability, and the work of the Digital Assets Research Institute who've quantified how Bitcoin has been used as re-locatable re-settlement money for 329,000 refugees. Most had not seen any of the data I'd shared, and were eager to see the real world data that backed up these stories - which thanks to the people and entities mentioned above, we have a lot of. Probably nothing.