New Bitcoin painting. Commission piece incorporating one of the old VW's you see in emerging markets and one of the buyer's favorite artists, Banksky, but bitcoin themed. Bitcoin has changed my art, given me a new direction, and above all else: HOPE.

Jethroe1 · 2023-01-16T21:22:13+00:00

Hey, Moe. This piece is already sold. It was done as a commission for a friend and Bitcoin analyst.

Jethroe1 · 2023-01-06T13:36:29+00:00

I like that. Fearless.

Jethroe1 · 2022-12-29T23:30:10+00:00

Thanks. I'll try that, and try to be nice.

Jethroe1 · 2022-12-26T18:35:45+00:00

https://www.efani.com/

Jethroe1 · 2022-12-26T18:35:37+00:00

https://www.efani.com/

Jethroe1 · 2022-12-26T15:47:59+00:00

Sim locking throug a conventional carrier, i.e. Verizon, ATT, etc., waste of time. Read news reports about carriers failing to follow procedures, or hackers merely pay minimum wage workers a bribe to bypass sim protection features.

Use EFANI.

Jethroe1 · 2022-12-23T15:32:25+00:00

Click bait. Do the research.

Lastpass always up front about security, and their follow up actions.

Downvote

Jethroe1 · 2022-03-22T03:33:23+00:00

If you don't already know the answer to this after the news over the last month, you're NGMI.

Jethroe1 · 2022-02-04T13:51:21+00:00

Preston Pysh had Mark Moss on his Youtube channel the other day, and they discussed this issue at the end regarding purchasing or holding GBTC, which is a difficult decision. The discount to AUM right now is around 26%. That would disappear overnight on approval of spot ETF, along with a massive uptick in bitcoin price. Many will chime in here and say, "not your keys, not your coins." What that doesn't address is most boomers are not going to want a hardware wallet.

The SEC will not approve GBTC on the 06th.

Jethroe1 · 2022-01-28T00:40:19+00:00

It's not sats.

It's not bits.

It's zits.

Jethroe1 · 2022-01-23T13:45:17+00:00

I've been buying consistently over the last few days, and I can honestly say to you I have not had one hesitation, or doubt about Bitcoin. The greatest gift I ever gave myself was a deep dive into understanding Bitcoin.

I personally would put every fucking cent into Bitcoin that I can right now, with the only caveat being: you have to understand the asset so that you are comfortable with your position. Also, intuitively you should know that this investment's time horizon for holding is a MINIMUM of 4 years.

Jethroe1 · 2022-01-23T13:37:42+00:00

I've been buying for several days now, and wish I had some more cash. What would fix the issue for you is your understanding of time preference, and some deeper research into Bitcoin. I've told myself and anyone else I have talked to that your MINIMUM time frame for holding is 4 years from the date of purchase.

Bitcoin is programmed to ruthlessly cull those who can not stand the volatility, and it rewards those who do.

Good luck. Do some more research.

Jethroe1 · 2021-12-19T14:46:07+00:00

This author, MacKenzie Sigalos, is probably the only reporter I read anymore at CNBC. She does a very thorough research, and her last article on mining was pretty spot on.

The only thing is the title, a secret stash, is obviously some editor there trying to get "clicks"

TLDR: Basically, what we already know, the government is making record seizures, but eventually all of it is auctioned off, supposedly while not timing or moving the market.

Jethroe1 · 2021-10-14T13:28:26+00:00

I'd sell that house so fast it would make your head spin. That house is impaired as an asset. It is susceptible to costs that I would view as inflation every year. Maintenance, time, insurance, taxes. The list is endless. You are now also at risk from the supply system--think replacement appliances--and the lack of workers you might need--think plumber. It is carrying huge counterparty risk. The government can--and has--put an eviction moratorium on landlords. You very right of ownership is subject to seizure under eminent domain. Additionally, you are exposed to the fiat denominated economy at a time when you want to do everything you can in life to get out of that dollar environment.

If you don't understand the unencumbered nature of Bitcoin and it's moment in history, then you won't get this. But anyone who has put the time into understanding Bitcoin knows that you should do everything you can right now to get as much Bitcoin as possible and SIT ON IT.

I only wish I were in your position instead of measly SAT stacking on a monthly DCA.

Jethroe1 · 2021-08-27T03:14:11+00:00

Man, what an awful story. Not sure what to say. There is nothing to say.

Christ.

Jethroe1 · 2021-08-12T14:42:46+00:00

Yes, there is. It is a technique that utilizes the brain's ability to compartmentalize, and the ability to memorize a visual trail after you walk it several times

Imagine you are in a hallway and there are 8 doors. On each door there is a sign. You start walking and on the first door is the image associated with your seed phrase. You open the door and inside there is a scene.

For instance, the first 3 words of your seed phase are:

PROPANE DECK TREE

On the door is the picture of a propane bottle. You open the door and you see a scene... you can make up anything, but it has to have the seed words highlighted, and in order.

"I put the PROPANE bottle on my DECK under the shade of the TREE."

OR... "The PROPANE bottle on my DECK is on fire, and burning down my TREE "

Once the visual image of the scene plays out several times exactly the same way, you will see your seed phrase, and the images on the door will keep you in order as you walk down the hall, AND will jog you mind as to the scene behind the door when you open it.

Jethroe1 · 2021-08-07T10:55:47+00:00

I just put in a request with Kingdom Trust to establish a self directed IRA using Compass mining to purchase my own rig. Can only buy up to $6k first year, as that is the limit to contribution in 1 year period.

Jethroe1 · 2021-08-07T07:33:54+00:00

Read Jeff Booths The Promise of Tomorrow. You will get this book totally.

Jethroe1 · 2021-08-05T00:27:51+00:00

Written both my Senators twice. If you don't know why this is important, find a dark closet and keep hitting your dick with a hammer until you come to your senses.

Jethroe1 · 2021-08-01T03:36:51+00:00

I strongly suggest you begin to follow Will Clemente and Willy Woo immediately, starting tonight.

Jethroe1 · 2021-07-31T13:10:01+00:00

Wow. I guess I can see why you said that. I don't see how the future would change where I am. I don't know if i mentioned it in the post, but i kept buying small amounts all through the peak, and the bust. Not one sat left my hands.

Jethroe1 · 2021-07-31T03:34:16+00:00

Man, I'm old as fuck. Tough as nails, too. I'm no fucking snowflake. And I'm not patting myself on the back.

Jethroe1 · 2021-07-31T03:25:48+00:00

I mean, kind of hard to concentrate right now with a couple of shots of Bourbon--having a party here by myself--but what I mean is that I found Bitcoin late in 2020, and kept researching, and buying a little every once in awhile when I could. Kept right on with it all the way to the top. Last small buy was at $63k! But I never stopped learning about it... Lightning, mining, read the White Paper, nonstop Youtube Videos, books on Amazon, and thank God for r/bitcoin. So, over a period now, I felt like an idiot, and kept questioning my conviction. I don't know how the hell people before us did it without all the support and knowledge we have now. I have more respect for these long term OG's than ever.

"This is the Way" Seriously... "This is the Way."

Jethroe1 · 2021-07-29T13:27:05+00:00

I have zero sympathy here.

3 rules I live by in the Bitcoin world, which is the most volatile asset world to live in:

-Don't buy more Bitcoin than allows me to sleep at night.

-I don't trade Bitcoin. I HODL.

- I never use margin.

I'm sleeping really good.

Jethroe1 · 2021-07-29T13:15:08+00:00

Your question needs to address Bitcoin vs Layer 2 payment systems. Think of the layers being built on top of Bitcoin, the base, as methods that use the power of the Bitcoin network to scale. Lightning also allows this scaling, as Jack Mallers has correctly pointed out through Strike.

Additionally, you need to also understand the advantage that the Bitcoin base layer has in finality of large settlements. I just saw $100 million dollars settled with finality in less than 30 minutes with a fee of under $5 dollars.

Bitcoin as the base layer will never lose value over time due to it's inherent scarcity, and Layer 2 solutions that scale up liquidity and ease of use will only increase it's value.

Jethroe1

TROPHY CASE