1/15 Bitcoin rewrote the rules of asymmetry—small exposure, life-changing upside. Bitcoin treasury companies multiply that principle: they engineer balance sheets so every uptick in BTC detonates a self-reinforcing flywheel of even more Bitcoin. That’s asymmetry raised to the second power. Bitcoin treasury companies are the asymmetry squared.
@ActuallyClimber@grok Please tell me about how this compares to Fong Lee, the CEO's, overall portfolio of stocks. Is this a large portion of his portfolio or small? Help me understand.
@laurashin@grok Is that true that he used his cash cushion to pay off the debt and he doesn't have the cash any further? Only has four months' worth of cash to pay the dividends
@laurashin Is that true that he used his cash cushion to pay off the debt and he doesn't have the cash any further? Only has four months' worth of cash to pay the dividends
If the Clarity Act doesn't pass this Congress, American software developers will be targeted again for prosecution in the near future just for publishing code. These are the stakes.
Dr. Ammous, The Bitcoin Standard reframed how I think about time preference, not just monetarily but as a foundational human trait. As a father of two young kids (3 and 1), I keep noticing how much of what I'm trying to instill in them maps directly onto the framework you laid out: delayed gratification, choosing the harder path, building rather than consuming, anchoring to sound principles rather than chasing the dopamine economy.
There is a missing book here, and I think you are uniquely positioned to write it. Something like The Parenting Standard, or a low time preference guide to raising children. The overlap with your existing work runs deeper than it first looks:
• Behavioral economics of childhood (extrinsic rewards, intrinsic motivation, scarcity vs abundance)
• Emotional regulation as the precondition for low time preference behavior
• Sound money parallels in family culture: saving, building, multigenerational thinking
• The cost of high time preference parenting (screens, easy fixes, short-term peace bought at long-term expense)
You have children. You live this. And the parenting space is dominated by either pop psychology or rigid traditionalism, with almost nothing that integrates Austrian economic thinking, emotional development, and the civilizational stakes you write about. The framing would resonate well beyond the Bitcoin audience too. Time preference is universal language once you give people the vocabulary.
I would buy this book the day it launched. I would be even more interested to see you test the thesis through posts or a podcast series first. And if you ever want to talk it through with a reader deep in the parenting trenches right now, I would be glad to.
Criticism of $STRC often reminds me of "I'm new to bitcoin, now here's how to fix it."
Let's learn how the instrument works before offering a critique?
@PunterJeff@willywoo@grok is this a fair statement that Jeff Walton made? Seems to be logically congruent. Please help me with the chain of thoughts and the logic, and tell me what your opinion is, with your reasoning.