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31 sats \ 1 reply \ @tip_nz 12 Apr \ on: Why do you stack? - a hypothetical. AskSN
Sats are a tool to shape your current reality and future world you wish to live in.
I save in sats so they grow in value. Then I spend those sats to support the things I like and the people building the things I wish to exist in the world.
Yeah I had a chat with chat gpt about it and it helped me craft a short post.
Not saying that AI equals no taste.
Not saying we shouldn't use AI to help us create.
I am saying we could be more discerning of what we create and what message put out into the world.
Otherwise we're just mindlessly adding to the noise and not fully exploring the journey of our own internal self expression.
I shared this on X and the feedback for what's missing included Aqua wallet, Blink wallet (under lightning), LNMarket...
182 sats \ 0 replies \ @tip_nz OP 6 May 2024 \ parent \ on: It is always darkest before dawn bitcoin
I was previously an equities research analyst and a lot of my creative process mirrors my equities research process. Collect data and write a narrative around it. I start off with "what is the most important message the world needs to hear right now?" For DAWN, the message is, it will get better. We need to go through all the bad times and face our problems and try everything in order to arrive at the right solution.
Personally, poetry has always been emotional for me. I grew up in a different country to my dad so everytime I left him I'd write him poetry to express how I felt. I wanted him to know that I love him a lot. And so I guess being able to put together the narrative / evidence from equities research and the emotional aspects of poetry, you get this! No AI involved, AI is soulless.
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.
I think time value of money only applies in an inflationary environment. In Bitcoin, 1 bitcoin is worth more tomorrow than it is today.
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.