Unparalleled Potential Bitcoin benefits from the performance of a “risk-on” asset for when times are good, and the capital markets are expanding. But, concurrently, it offers the security of its “risk-off” properties for when times get tough, and people rush to protect their capital. To explain this further, Bitcoin is “currently” seen as a risk-on asset for most people. An asset one invests in when the economy is thriving. However, risk-on assets tend to be classified this way as we have counterparty exposure. There is the potential for loss during times of economic stress. Therefore, we would argue that Bitcoin, when self-custodied, removes counterparty exposure, giving it risk-off characteristics (An asset that performs well when times are tough and people are looking to reduce portfolio risk). In saying this, in times of stress, when people are looking for assets to preserve wealth and provide security, Bitcoin is in a prime position to do well. However, despite Bitcoin’s risk-off characteristics, it benefits from the risk-on capital flows during prosperous times. As Bitcoin is an emergent technology, we have not yet seen global adoption, and it is through adoption, that these emergent assets tend to outperform. When we factor in the industries that can benefit from Bitcoin (i.e. the global monetary system, the financial sector, the insurance industry, e-commerce and micropayments, to name a few), it becomes clear that Bitcoin is unparalleled in upside potential. - Looking Glass Education 2021 Send your friends and family here for FREE nuggets like this and much much more.

Looking Glass Education

Debt, Inflation & the Bigger Picture Course - The Looking Glass

Want to learn more? Why not check out our free foundation’s course empowering everyday people to take control of their future with the power of B...

The Harsh Truth About Markets Most Won’t Tell You: Smart money doesn’t ride the waves — it creates them. They use passive investing vehicles (ETFs, index funds) to herd everyday people in during bull runs… and then offload their positions into that “dumb money” liquidity when the tide turns. When the market crashes, smart money is already in cash, hard assets, or hiding in the shadows — waiting. Because they know what comes next: Incentivized money printing. And when the Fed turns the taps back on, they’re first in line. They benefit from the Cantillon Effect — newly printed dollars hit their balance sheets first, before inflation seeps into the rest of the economy. Meanwhile, the average person suffers at both ends: • Buying high through passive funds at inflated valuations • Losing purchasing power as inflation steals silently from their savings This system is rigged. It’s designed to protect the few at the top — and it’s working exactly as engineered. Opt out. Don’t be their exit liquidity. Don’t be their inflation sponge. Choose Bitcoin in self-custody multisig. No bailouts. No middlemen. No debasement. Freedom doesn’t come from playing by rigged rules. It comes from exiting the game.

The Kids are allowed to watch as much bush TV as they like.

Art lesson. Museum of Old and New Art. Hobart This place was pretty cool with some really special pieces and the layout is incredible with one caveat: This museum presented me an opportunity to educate the boys on a bit of Wokeism and the way mental illness can sometimes be portrayed and masked by the word art. There was some definite sick and satanic fucked up shit in here that otherwise masked a great experience. (Not pictured as I don’t want that shit on my phone) Still everything is a lesson.

Yesterday’s history lesson: Don’t steal bread Port Arthur historical site. Fucking incredible place.

Seals ✅ Dolphins ✅ Manta Ray ✅ Cray ✅ Twas a good day

We have spent the week in Tassie catching up with some old and dear friends. The boys didn’t do any official schooling….why? Because we can. This is a severely under-appreciated benefit of home-schooling. The option to choose when and what you study and where you do it.

Torquay, Jan Juc and Bells The surf gods were kind to these little kooks. Caught up with some of my favourite Bitcoiners. No dox….you know who you are. Then onto the spirit of Tassie…

Me waiting for @npub1crsv...9r37 to respond to almond nipples View quoted note →

WTAF Victoria!!!