0 sats \ 0 replies \ @tip_nz 30 Jan \ on: What does hyperbitcoinisation look like to you? bitcoin
Hyperbitcoinization = definancialization
All the funds moving around huge institutions will dry up as the new generation learn how to custody their own wealth. More innovations will make this process more user friendly. Capital will flow where it needs to go, peer to peer, to those who create value.
No more parasite economies and zombie companies.
Tuttle twins is probably more for children. Bitcoin and friends is described as being like South Park. There was a scene with dominatrix Bitcoin riding a half naked Gary Gensler with a ball gag in his mouth, so... R16?
Private investors and local govt could collab on roads and install mechanisms that automatically charges your car sats which are then split between the investors/govt.
And just like bitcoin, the fees increase when traffic is high and decrease when traffic is low.
Interesting case study: Sydney Harbour Tunnel
The Harbour Tunnel was a partnership between the New South Wales government and private investors by tender. Transfield and Kumagai Gumi formed a 50/50 joint venture company which constructed the tunnel under contract; with a 30-year operating contract, including revenue collection and maintenance, from 1992 until 2022. As a result of the 1997 separation of assets of Transfield and the creation of the Tenix group (owned by Olbia), the ongoing 30-year operating contract for management of the tunnel was split between Kumagai Gumi (50%), Transfield (25%) and Olbia (25%).
I would argue that it could be a selfish investment if one has a deep understanding of "net-present value" and "time value of money", but good intuition around those are typically in short supply.
Could you elaborate on this statement?
One thing I find odd is the timing of all the alien stuff coming to light. The paranoid side of me thinks classified info is used as ammo. Or a flare gun. Shoot in case of emergency to distract people from something else. WHAT ARE THEY DISTRACTING US FROM 😹
Oh I overlayed the pricedinbtc21 graph with another existing video of mempool.space. I think it was just a YouTube video promoting mempool.space. I can't remember exactly who created the visuals for the blocks (if that's what you're referring to). I used Capcut to create the whole video with two overlaying graphs.
Thanks for sharing @cryotosensei. I think with low time preference there's an element of discipline, sacrifice and work involved in the present in order to benefit from the fruits of your labour in the future. Having children, saving for the future, investing in our health, building meaningful relationships, taking care of our ecosystem are all low time preference activities.
Do you find that since having kids you also started to care more about the future that you might leave behind for them? My theory is as we age, we don't have much time left (or much of a future left) we may become more high time preference. We may make decisions to sacrifice less and enjoy ourselves more in the present. But those with children may still want to save a nest egg for their kids (low time preference) vs blowing it all to enjoy ourselves (high time preference).
Just thinking whether engaging in LTP activities also lead to other LTP activities and thinking in other areas.
That was created by @pricedinbitcoin21 (on X)
It's not either/or for me, I'm doing both!
I spend most of the year in my home city and really enjoy hanging out with a good group of Bitcoiners, friends and family. It's a good environment to rest, build a routine and put my head down to work.
Then I spend a few weeks/months travelling to gain experience, widen my world view and spend time learning new things from new people.
It's a balance as opposed to choosing one over the other.
Assumed it was just another asset class, another investment thing. Had other things in life I thought was more important. Not enough curiosity or free time to study it.
422 sats \ 0 replies \ @tip_nz OP 7 Nov 2023 \ parent \ on: The weirdest way I'm earning Bitcoin... bitcoin
HAHAHAHAH brilliant
I learn about personal security and human behaviour in an MMO cos you interact with real humans with real incentives 🙂
150 sats \ 2 replies \ @tip_nz OP 7 Nov 2023 \ parent \ on: The weirdest way I'm earning Bitcoin... bitcoin
Haha yeah but hey you earn sats so it's 'productive' lol