decentuniv

decentralized universe

[Luke Gromen @LukeGromen]

In a 2010 CNN interview, Saudi Sheik Yamani said that at the Oct-73 Bilderberg meeting, Kissinger orchestrated a 400% rise in oil prices over the ensuing 6 months, essentially to make oil "big enough" to back US deficits.

Last summer, Trump reportedly said: "BTC is the new oil."

[Thomas Fahrer @thomas_fahrer]

Distribution of #Bitcoin Ownership

[Dylan LeClair @DylanLeClair]

Gold is too volatile and speculative to be considered a store of value.

[Chris Dunn @ChrisDunnTV]

What's The BEST Way To Define True
Financial Freedom? 💰

Financial freedom is not just a dream, it’s a calculated destination.

Today, let's break down a concept straight from physics, but with a twist:

"Escape Velocity" for your investment portfolio.

In physics, escape velocity refers to the speed needed to break free from a celestial body’s gravitational pull.

And in investing, escape velocity is the point where your portfolio’s growth outpaces the cost of your dream lifestyle.

Imagine your portfolio compounds annually at 10%, and your dream lifestyle expenses are only 3% of your principal.

This means your wealth continues to expand, even as you live your best life, without additional work or capital injections.

But how do you calculate your personal escape velocity?

- Start by figuring out your annual dream lifestyle costs.
- Then, calculate your portfolio’s estimated annual returns.
- Choose a withdraw rate that’s lower than your average returns.

Let’s look at an example…

Case Study: Dream Lifestyle on a $10M Portfolio

- Consider a $300K/year dream lifestyle
- Let’s assume a 10% average annual return
- If we withdraw 3% a year, we’d need a $10M portfolio to get $300k/yr

A lower lifestyle burn or higher expected returns mean you need less in your portfolio.

Diversifying for Optimal Returns

Here's where it gets interesting. Different assets have different return potentials:

- Stocks: we can estimate a 10% nominal and 7% real return (after inflation)
- Real estate: I use a modest 3% real return, after costs
- Startups are trickier - assume a total loss, and treat any gains as a bonus
- Bitcoin: we need to get a little creative…

Bitcoin’s Role in Your Escape Plan

Bitcoin, with its rollercoaster-like trajectory, demands a bit of creativity to find an estimated future return.

It's had a staggering 124% annualized return over the past decade.
But let’s be conservative: what if Bitcoin compounds at just 25% over the next decade?

Here’s a glimpse at where its price could go:

- Year 1: $50,000
- Year 2: $62,500
- Year 3: $78,125
- Year 10: $372,529.03

Imagine the impact bitcoin could have on a portfolio blended with stocks, real estate, and startups!

If bitcoin’s global adoption continues, adding it to your portfolio could reduce the required size of your portfolio to achieve escape velocity.

Your Escape Velocity Number: A Beacon to Financial Freedom

Knowing your escape velocity number isn’t just a neat calculation - It’s your beacon towards financial freedom!

It's about understanding how your investments can sustainably fund your dream lifestyle, marking the threshold where work becomes a choice, not a necessity.

So, what's your escape velocity number?

[Lyn Alden @LynAldenContact]

The fact that Satoshi:

1) published the Bitcoin white paper before he launched it,
2) kept it on track for 2 years with upgrades,
3) disappeared without ever spending his own coins for profit, and
4) had such skill that people can't prove his identity,

is... remarkable.

[Gabor Gurbacs @gaborgurbacs]

George Orwell is spot on, as usual.

[Balaji @balajis]

When the head of BIS says “central banks will have absolute control” over all uses of money, that’s not democracy.

That’s when Keynesianism finally drops the mask and becomes flat out communism: total centralized control of all resources by unelected bureaucrats.

Listen:

[Dylan LeClair @DylanLeClair]

Ultimately, the reason I find #Bitcoin to be so fascinating is simple:

If the experiment is succesful, it undermines the parasitic practice of unbacked credit creation & usury; tools used to completely control the populace & siphon the fruits of their labor in perpetuity.

[Lyn Alden @LynAldenContact]

@gamesblazer06 It’s just an open source decentralized spreadsheet.

Any of our existing systems that are weak enough to be threatened by an open source decentralized spreadsheet deserve to be.

[Latest in space @latestinspace]

How the solar system travels through space, around the Milky Way

[Alex Gladstein 🌋 ⚡ @gladstein]

Bloomberg out here estimating that 300 million (!) people in India use Bitcoin and cryptocurrency

64M in Nigeria, 54M in Pakistan

AFAICT these numbers seem too high… but it’ll be the reality either way in a few short years maximum

Get ready for a billion users ✌️

[Documenting ₿itcoin 📄 @DocumentingBTC]

#Bitcoin has sent $14,000,000,000,000 this year

[Erik Voorhees @ErikVoorhees]

A good bitcoiner should defend defi on ethereum when the government attacks it on grounds of surveillance.

A good ethereumer should defend PoW on bitcoin when the government attacks it on grounds of energy use.

The war is money vs state. The latter is powerful. Do not squabble.

[Lyn Alden @LynAldenContact]

@jyn_urso In increasingly financialized situations, it unfortunately becomes important for everyone to understand money and finance. We are in a transitional, complex time.

I hope for a time when most people don't need to focus on money/finance.

[Lyn Alden @LynAldenContact]

People from Nigeria, Ethiopia, Senegal, Togo, Venezuela, and Afghanistan keep telling me here in person how they use bitcoin to deal with authoritarian bank control or persistent inflation that continually wrecks their savings.

While westerners on Twitter say it’s useless.

[Bitcoin Magazine @BitcoinMagazine]

💥 #Bitcoin's Lightning Network can currently perform over 1,000 times as much transactions as Visa

[Binance @binance]

Only 0.27% of the global population can own 1 #Bitcoin each.

[Dr Efi Pylarinou @efipm]

Good morning,
@BitcoinEcon who is Dave on your #bitcoin chart?

[Saifedean Ammous @saifedean]

Bitcoin's projected stock-to-flow ratio by year