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18 sats \ 0 replies \ @OriginalSize 15h \ on: How to Borrow Against Your Bitcoin, or: Overcollateralized Loans are Inefficient econ
Interest rates for Bitcoin collateralized loans should be much lower. I'd wait until they're on par with a home loan in a stable market.
It's always a matter of perspective and it's always the latest it's ever been.
Think about the power of the printer. It's not one that will be given up voluntarily. Of course they won't let this informal economy grow without a major break in the system.
Like with Linux and free software I expect Bitcoin will remain niche for normies until there's no alternative.
I'm sure there are some if random videos from YT don't do it for you. What I did was just browse makerworld and thingiverse favoriting things I'd like to try printing then keep the printer as busy as possible for a couple weeks getting through my favs. The way it works for me is I get immersed in 3d printing and lots of ideas come which sometimes leads to modeling and creating revisions until I'm happy with it. Just print what seems fun and ride the wave!
Have you tried Tinkercad? I think it's a good starting point for sketching in 3d. They have all kinda of geometric primitives and it's fairly easy to scale, add and subtract shapes to build up both parts and art pieces. You can import and export STL files to modify others work and to export to your slicer. It can't really make arbitrary rounded shapes but I haven't found that to be necessary given import/export with other tools like Nomad or a good old filing of the resulting print.
Nice post. The point for me is that the Bitcoin blockchain is valuable to the extent that people want to read what's on it, whether that's if they received money or an asset, or if someone writes a no holds barred scandalous blog to it. The fee market provides objective if imperfect spam protection. The worsts thing that could happen would be disinterest. Your post helps and for that you have my sats.
Man, you've been busy! Love the direction your work is taking as well. Best of luck and welcome to SN. 🫂🙏
Fewer people are coming into Manhattan...
This is against the whole idea of a city but success!?
Pay to play I don't mind so much. Maybe I'll visit and rent a car to enjoy the luxury.
L1's strength is that it can ignore the pull of ephemeral L2 value regimes. L1's only requirements are a) to enforce the 21M BTC cap and b) provide uncensorable transactions.
Couple/few million but you should know that market cap is flawed as a measure. Liquidity matters a whole lot more.
In light of the post "I am rich and have no idea what to do," I think investing in the people and orgs around me deserves another look for 2025.
Society accepts the drawbacks of alcohol because it brings a lot of social benefits. People get together and share more when they're tipsy and for most people that's where it ends. For some it's deadly but evidently that's a small enough set that we deal. Add to this that anyone can make alcohol and that we've been learning that there's risk in everything and the end result is going to be: not much change.
Banks doing Bitcoiners a favor by helping reinforce diamond hands. They usually just want to know how long you've been holding so the investment story is plausible.
Like every other part of the USG this service struggles to keep up with the times. They need to simplify their rules and operations down to a basic core. Probably doesn't help that they're reason for being is being undercut by increasingly faster money printing.
I like cars that have no idea where they are. That way the phone, license plate scanners, and ubiquitous cameras have to work together to track my every move.
It makes sense that a big motivated buyer (MSTR most presume) would push the price up, then as the news spreads to everyone that they're in profit, there'd be selling. That it hasn't fallen faster is thanks to some continued buying pressure. I feel shitty talking like this kind of finance stooge. Stay humble and stack sats people. Time in the market beats timing the market.