pull down to refresh
@Undisciplined
5,441,404 sats stacked
stacking since: #88718longest cowboy streak: 488npub1t49ke...rm3srw4jj5
0 sats \ 0 replies \ @Undisciplined 59m \ on: 4 Ways I Introduce Money to My Toddler alter_native
This is the main reason I wish we had some tangible form of bitcoin.
I remember counting and sorting coins as a kid. It's so much more approachable for kids to have that tactile experience and be able to rearrange their coins.
When you're about to have kids, your allegiance involuntarily shifts to other parents.
There's definitely a major loss of shared purpose that accompanies lower fertility.
It feels overstated, although directionally important.
The shows I watched, comics I read, and games I played as a kid were almost entirely things that didn't exist when my parents were kids.
All the kids at my daughter's preschool seem familiar with the popular kids shows today. They can all fluently play Paw Patrol or Bluey, for example.
Maybe the issue is more like reduced intergenerational exchange rather than lack of passing down. Fewer people have kids, which reduces the share of adults who are familiar with what the next generation is up to.
It's easy to see how adults who don't have kids could just be adrift in their own curated realities.
Don't bring any junk food to snack on
Take the stairs
Reduce blue light exposure from your monitor
Don't eat a carb heavy breakfast
Stretch throughout the day
Maintain good posture
Yeah, I'm also talking about the more conventional type of equilibrium condition, rather than the Evenly Rotating Economy concept that Austrians prefer, and which has no money.
Even cherry picking to be uncharitable, you're down 0.6lbs over the past 8 days.
That's still not a bad pace.
I put very little stock in cyclical economic theories that are highly specific about timing, so I haven't looked much into what's expected from previous cycles.
If there's no major scandal, a la FTX, then I suspect we've already seen the low. Everything just looks super bullish and I think Bitcoin is an order of magnitude under valued.
In the event of a major scandal, then who knows how spooked people might get.
I probably give the least weight to the three intermediate ranges: either it crashes or it doesn't.
Gold was a medium of exchange within the past century. I also expect it to implode as a money and collapse to its industrial value.
That's what I was attempting to describe:
- A commodity is widely used in exchanges, for whatever reasons.
- People accept the commodity because it's widely used in exchanges.
So, there's a sense in which I agree with him, but I also don't know exactly what he's referring to.
It's almost tautological, though: Money is valuable because it's widely accepted in exchange and money is only widely accepted in exchange when it is widely used for exchange.
There's also a theory that in equilibrium there can only be one money, so all monies either become widely (universally) used as MOE or they implode.
My main weakness is the combination of junk food and clearance sales.
Fortunately, clearance sales are somewhat uncommon, because when I see super cheap cookies or ice cream and think that those items won't be available in the future at any price, I have a hard time resisting.
No. Collectivism means thinking of people in terms of the groups they belong to, rather than their individual traits.
By definition, impressive people make an impression on others, which means impressive people are treated as individuals, rather than group members.
They even come up in search results sometimes.
I usually check in before trying to do something new.