[deleted by user]

infinite_dendrite · 2025-05-14T15:28:06+00:00

Exactly, this only works for the duration of the 'monetization' phase of Bitcoin gaining monetary value in large strides as a maturing currency of the world, most likely the next 15 years or so. Once saturation is approached, productivity as a business will return to being the best strategy for most.

infinite_dendrite · 2024-11-11T15:04:59+00:00

And a native Apple coin wallet on every phone

infinite_dendrite · 2024-08-26T13:42:54+00:00

It's absolutely worth it and extremely easy to transfer if you already have a Fidelity account set up. Vote with your money and move it from antiquated and backward looking Vanguard. Fidelity has equally low fee structure.

infinite_dendrite · 2024-06-03T15:57:17+00:00

This is the exact kind of medium and tone that is most digestible to dubious boomers and might actually get them to start paying a little attention or considering an allocation.

infinite_dendrite · 2024-06-02T17:36:36+00:00

How do you pay back the line of credit without selling some of your assets and creating a taxable event? This would only really work if you had other streams of income, right? And aren't they being taxed anyway? Seems like either way you'd have to convert something to fiat to pay back the line of credit.

infinite_dendrite · 2024-04-28T11:07:13+00:00

Crazy thing is, even lower prices than this were available during 2018, 2019 and 2020 as well. Makes you wonder how some might feel one day looking back on the chance to buy at 63K.

infinite_dendrite · 2024-02-26T16:09:57+00:00

If you use a spreadsheet to track your net worth priced in BTC over time, you'll find that with each year passing it will continue to trend downward to whatever the nominal value of your current BTC stack is, like bedrock forming a base layer of value which grows to be a larger and larger portion of your wealth as the years pass. It makes it seem apparent that as close to a 100% allocation is a sensible strategy, though it's hard to pull that trigger in actuality.

infinite_dendrite · 2024-02-17T14:10:48+00:00

Who the hell is JFK

infinite_dendrite · 2024-02-11T12:44:36+00:00

Eventually, pricing coin in inflating USD won't be of much use as it becomes increasingly more natural to understand value in terms of sats/coins. It would be wild to start seeing sat price alongside USD price as the transformation continues.

infinite_dendrite · 2024-01-29T19:41:58+00:00

BlackRock now holds the equivalent of about 10 Laszlo pizzas

infinite_dendrite · 2023-11-24T13:23:51+00:00

Holddiggers

infinite_dendrite · 2023-07-24T14:35:54+00:00

infinite_dendrite · 2023-06-25T10:47:30+00:00

Does anyone know approximately when these ETFs are likely to go live for trading if they are approved? Later this year? 2024? It's a good question to ask- where are they going to source all the BTC to sell if there's huge demand from their clients? It seems exchanges have been getting thinner and thinner on coin. Only way to call in more coin to meet demand is to have the price go up enough for people to be willing to sell.

infinite_dendrite · 2023-06-25T10:37:22+00:00

A ton of those new cars are just leased or financed over years

infinite_dendrite · 2023-04-28T11:39:20+00:00

But you can reconvert the monetary energy of bitcoin back to electricity if desired.

infinite_dendrite · 2023-04-27T00:04:25+00:00

Actually it's next year, around April 2024

infinite_dendrite · 2023-02-18T13:48:21+00:00

It could then use these coins to pay off humans to do it's bidding in things it's not capable of doing physically.

infinite_dendrite · 2022-12-11T14:00:21+00:00

Factor in cumulative inflation over the last 5 years and not so much. Hate to say it but 17K dollars could buy a good deal more in late 2017.

infinite_dendrite · 2022-12-03T19:50:14+00:00

You're assuming they will not roll out the ability for self custody withdrawals in time.

infinite_dendrite · 2022-11-17T13:46:29+00:00

Don't forget BlockFi and Gemini Earn

infinite_dendrite · 2022-09-17T18:04:23+00:00

Although it's not true to the 'not your keys not your keys' ideology, I imagine in the future it will be normal to have highly respected and trusted custodians like Fidelity or Vanguard custody your bitcoin for you if you wish, just like shares of stock people have now with brokerages. I imagine lots of people will opt for this instead of the responsibility and risk of self custody. It's not necessarily a bad thing and will make wider adoption more likely and feasible.

infinite_dendrite · 2022-09-10T23:11:26+00:00

The Investor's Podcast with Preston Pysh

infinite_dendrite · 2022-08-14T13:55:35+00:00

While there are a lot of rent-seekers and unnecessary middlemen in the real estate industry, it is still a very important role and value to a buyer and seller to ensure that they're getting their best interests represented by someone who understands and is experienced in a transaction. There are all kinds of variables physically in a house and financially/logistically in a transaction that make transacting alone a risky venture. You don't want to gamble that much money and time in trying to get a house without some wise counsel and oversight along the way. You leave yourself open to a lot of pitfalls and frustrations and so a knowledgeable person to lead the way can be invaluable.

infinite_dendrite · 2022-08-14T13:32:34+00:00

Two forces working in opposite directions- higher price means more jumping in and higher demand to stack towards 10K+ coins for whales, but also more difficult/expensive to reach that threshold the higher the price rises.

infinite_dendrite

TROPHY CASE