My son finished his first triathlon this morning. GM! image
Told my son on bike rides to count the nails and screws that could pop our tires. When comparing our counts at the end of the ride I would ensure I counted slightly more on the first few rides. After that it didnโ€™t matter that our counts were the same. I let him know, โ€œItโ€™s not about the counting. Itโ€™s about the seeing. If youโ€™re seeing them, youโ€™re not running over them.โ€ This lesson echoes well into life. image
โ€œCaesar defeated their army on the banks of the Aisne; then, with a celerity of movement that never allowed his foes to unite, he moved in succession against the Suessiones, Ambiani, Nervii, and Aduatici, conquered them, despoiled them, and sold the captives to the slave merchants of Italy.โ€ โ€” Will Durant, Caesar and Christ (The Story of Civilization, Vol. 3) My new-to-me word: Celerity (n.): swiftness, speed, or rapidity of motion. From Latin celeritas, meaning โ€œquickness.โ€
Mr Cogburn moved to the farm! Heโ€™s going to fulfill his dream of a house full of hens. ๐Ÿ“๐Ÿ”๐Ÿ”๐Ÿ”๐Ÿ” image
After we learn, we teach. What if someone read an easy book... That lead them to understand Bitcoin's staying power... That lead them to seek equity to convert to Bitcoin... That lead them to hold Bitcoin alongside their house... Which gave them a low time preference... And gave them diamond hands... Which let Bitcoin realize it's value globally... While sitting in their self custody... What would that do for them? What would that do for their family? What would that do for your community? Buy some to give. Every one you buy prints two. I'll be giving them out too. After we learn, we teach.
@preston I was watching you talk through how people that think they'll sell at $1M don't understand what is playing out. I built this calculator for people to see what positioning some bitcoin alongside their mortgage and what the performance looks like. I like the tool. It even lets you diminish the returns and flatten the bear markets and tweak the price of bitcoin over the timeline of a mortgage. The problem I kept having was how much the bitcoin value was blowing out my chart after the first 7 to 10 years. It was undermining what otherwise seemed like credible data. I'm coming to terms that we just can't perceive what we're facing. We're just not wired to process the mass volume and exponential price explosion this is set up to deliver. Loved hearing that discussion. Very real. image