11 sats \ 0 replies \ @nuII 18 Oct 2023 \ parent \ on: Reddit F'd up and why it's a great lesson on bitcoins safety. bitcoin
this is dogecoin's origin as well, then real life people got real life rich.
everyone wants to ride the wave of the "next bitcoin" to become fiat rich.
looking forward to the looks on everyone's faces when they realize the "next Bitcoin" is Bitcoin.
Any improvements on the horizon for the "Learn" section of your website or is the team pretty satisfied with it as is?
maybe it seems so simple to you because you so simple
anyway, people are reading way too much into the fine print of the ETF regarding forks. the fine print must be there for the event of a fork. imagine having a bitcoin ETF with no disclosures about how the ETF would handle a fork. like another user said, if bitcoin can't survive the first three steps of your very simple plan you see unfolding then fuck bitcoin.
also note: blackrock owns shares of microstrategy and major miners because they manage assets for their customers, who own either these companies specifically or ETFs or other index funds that hold/buy these assets on behalf of their customers.
who is this for though?
$248 billed annually for a sliced up podcast of a guy explaining something you could easily research yourself for free
It's a nice UI, but it seems like a finely polished grift.
One day, bitcoiners will realize that "NGU" is actually only true if "Number OF PEOPLE Go Up"
I'm not saying you have to work for free, or that you shouldn't charge for the content you produce... but think about what Jeff Booth says, everything will be reduced to the marginal cost of production, and this includes education. Is $248/yr fair value for access to a spliced up podcast? I doubt it.
We shouldn't be putting up expensive paywalls to prevent newcomers from accessing high quality educational resources. There's a value mismatch here and annual based fees for a 'course' that probably takes an evening to go through firmly places this into "grift" territory for me. There isn't anything here that a youtube playlist can't explain for free.
for $248/year, I'd basically expect a hardware wallet in the mail and some real sats to be sent to me from the education service to familiarize myself with transacting as well as unlimited access to continually updated online educational resources
If we could all just buy a little more in the next 75 minutes please?
would love for the weekly candle to punch above the 200W ema before close
hot wallet: your literal wallet funds, nothing you wouldn't keep in your back pocket.
self-custodial lightning wallet: checking account.
cold storage hardware wallet: savings account.
multi-sig account: additional retirement fund
It sounds like he read the first three quarters of "Price of Tomorrow" by Jeff Booth, and now he's rehashing Jeff's ideas as his own to his audience while trying to put his own stamp on it by coining a catchphrase he bolded twice because he hopes it'll catch on so he'll be quoted in articles on Forbes or WSJ and normies will think he's some genius investor so they'll listen to his shitty podcast and take his advice and buy s*lana, and voila, further exit liquidity for Chamath and Co.
Yikes, what an immature response.
Well, hopefully "the system" of how SN works eventually prices out of sat farming / shitposting three-four plus times a day. Maybe if you could only "afford" one post a day, you would put a bit more effort into the content of the post instead of just throwing a bunch of shit at the wall and seeing what sticks?
There is no reason the first post of the day for any user should be any lower than 5000 sats, unless perhaps their account has accrued a high degree of reputation/seniority etc
yes, because you spam the board every day three or four times, so you would think 111 sats is an appropriate cost, and that 24 hours is an appropriate amount of time to allow a spammer to return to low fee spamming.