Thread

Replies (67)

πŸ›‘οΈ
You are just stepping on the gas with each vlog brother and giving everyone much food for thought. This was awesome to say the least! Compounding is definitely a super power because every small action is a vote for the person you will become, and time is the relentless multiplier that cashes in those votes. The tragedy is that neglect compounds just as ruthlessly as discipline, and both are invisible until it’s too late to undo them. Compounding is the silent architect of destiny. It doesn’t shout, it whispers, and by the time the world notices, the trajectory of your health, your wealth, and your mind has already been set. The small daily decisions matter. Thank you again for sharing this. πŸ‘
I understand compounding in TradFi when there is a compounding mechanism involved. But it looks like you are suggesting that there is a compounding mechanism involved if you stack BTC (maybe I’m wrong). But if you are suggesting that BTC is somehow subject to a TradFi compounding effect, I would be very grateful if you could explain how. Cheers. πŸ™‚
πŸ›‘οΈ
You're killing it again with a great message! Living with intention can't happen when we're chasing the cravings of our small mind. In my twenties, I opened a gym combining pursuit of passion with business ownership. After I got it up and running for the first three years, it paid me without me ever stepping foot in it again for the next 17 years (until COVID shut it down). The other part of the picture is treating people right.
πŸ›‘οΈ
I will never choose to live in a suburban hellscape, don't care how big the house is. That street is everything that's wrong with American culture, why on earth rich people would choose to live like that I'll never understand. I can walk in any direction I want, in most directions I can walk for hours without an issue, I can hunt and forage without bothering anyone else. My neighbours do not care if I walk through their properties as long as I don't upset their livestock there's no issue. I have enough land to raise my own cattle and grow enough vegetables to survive. Would a larger house be nice? Sure, would I give up my freedom and privilege to live in a suburban shithole just because of a bigger house? Absolutely fucking not.
↩ replying to Kayne
I’m leaving America πŸ†˜ for too many years I’ve been the only person pushing for a VIOLENT UPRISING πŸ΄β€β˜ οΈπŸ₯· now as I age I realize that will never happen!! The brainwashing is to deep America must fall like Rome before eyes will open!! At that point the violence will no longer be one sided it will be anarchy… So the rules of survival has changed… A strategic retreat is now the only survival strategy I see πŸ«‘πŸ’― our nation is DONZO brother
πŸ›‘οΈ
Always feels strange seeing people shoot at human shaped cutouts instead of hunting animals or practicing on regular bullseye targets. We do use the human shaped cutouts but only for handguns, for sport. Because sport is the only reason you're allowed to own a handgun here. But the points scoring system for shooting is based on getting as close to centre mass as possible so a regular bullseye target can be used all the same.
πŸ›‘οΈ
I feel like both sides of the street understand compounding. It's a nice street & both sides RE investment has been compounding at roughly the same rate. I'd wager both sides of the street have savings that are invested to compound. I'd say the less rich side is made up of highly paid professionals & the wealthy side is more likely entrepreneurs. Entrepreneurs are able to extract the value of other's labour & can more easily scale theirs. Compounding has a huge effect but it's the ability to scale your own efforts that sets you apart. Even the most sought after surgeon can only bill 40-50hrs of their time each week. The owner of the surgery can have 5 surgeons billing 40hrs a week & can add more with only a little extra effort/cost. Really succeeding in the fiat world is determined by your ability to extract value from others.
↩ replying to Brisket
Put another way, you’re ability to compound your own efforts is constrained (or enabled) by your ability to work with and inspire others One of the things I’m looking forward to as fiat dies, is the forcing function of capital having to invest via equity (sharing risk and reward), vs the rent-seeking fuckfactory that is fractional reserve banking that lends on terms that entail near-zero risk to them Build with others who share your ethos, not just the vision and goal