I was asked by some friends recently why I thought bitcoin was the only undervalued asset left. The answer while long and complex can be broken down by understanding the fundamentals behind how everything is valued. That is from the treasury bond market and the risk free rate 1/
@jameslavish The sad reality is the speed and magnitude of which this tweet becomes outdated.
Just a lazy $11billion added in the 5hours since he tweeted until this one.
I recently had a client who missed a banking notification change. The old bank took ~2 months to locate and transfer their funds back, despite the exchanges best efforts.
PSA:
Regularly check your exchange’s bank information.
Due to regulatory fuckery, often your exchanges are forced to change banks and it is easy to miss notifications.
If you auto transfer. Set a calendar reminder to check banking details every month. It takes 5mins
@TheGuySwann This is the real AI play. Buy the hardware manufacturers as everyone inevitably rages and smashes their devices.
Keyboards are the new bitcoin
Ai telling me "you're absolutely right" after it has completely screwed up something simple like 100 times in a row and i've lost 4 hours fighting with it, might be my new "thing i hate so much i seriously consider punching my monitor" top pet peeve.
Good morning.
If you are selling Bitcoin this morning because Strategy sold .004% (1/26,367th) of their holdings, then you do not understand tax harvesting and/or simple corporate finance.
Have a great day.
This could be a longer answer, so beer with me.
The age of your kids will likely determine your method to orange pill them. Mine are 18, 16 and 11.
Kids always want money, so I started there. I explained how a long time ago kids of other cultures wanted money too…albeit in different forms. There were younger Yapese kids who probably wanted Rai stones. Other who wanted beads. Their cultures taught them that they were valuable bc they were rare; and they were…until the weren’t (think yet other cultures coming and bringing loads of them, which flooded their markets and ultimately ruined their value and them).
Once I explained that our government does the exact same thing with our “Rai stones” and “beads” in the form of USD, they understood the problem in modern terms.
I then explained that in 2012, it cost $500,000 USD to build a very nice home, or the equivalent of 60,000 bitcoin. In 2025, it would cost $1.5M to build the exact same home, or the equivalent of 5 bitcoin. That really hit home with them. It lead to learning more about inflation and the theft which drives it.
They started reading B is for Bitcoin, then followed it up with Bitcoin is for Everyone, along with some selected podcasts that were age appropriate (mostly Natalie Brunell’s Coin Stories) and Michael Saylor keynotes and interviews.
Once my oldest turned 18, he got his Fold account (had mine a year and haven’t looked back). He has direct deposit into it and automatically converts 75% of his check to bitcoin. The other two will follow suit in due time as well. He also has his own Bitkey and understands cold storage and self sovereignty.
The biggest thing is living your conviction for your kids to see. My kids see me (and now my wife) passionate about bitcoin and what it does. It has lowered our time preference and made us honestly better parents (we are much more involved and intentional with our kids bc we view our time as more valuable and won’t allow our time to be robbed through debasement of USD anymore).
I am giving a very TLDR version here, but it’s been an incredible ride. My kids know all about my rollercoaster in this space (the rollercoaster was altcoin nonsense before finding Bitcoin) that started in 2019 and what it took to get here.
I have real gratitude towards the following people and companies on my family’s journey and highly recommend them to others as they all played a positive role in changing our lives for the better:
@saifedean@SparkingFIRENC@dazbea@natbrunell@saylor@willreeves@fold_app@Bitkey