A fun thing to do is too look at your stack and see how many years of mining its equal to working back from the last block and think about how much energy that’s equivalent to.

Early 2020 i took a new job and moved across the country, bought a house and used a 20% downpayment to avoid mortgage insurance. Dumb move, should have paid minimum down and bought bitcoin. Made up for it by taking a HELOC in mid 2022 to buy bitcoin which is now worth 60% of the value of the home. I think in s couple of years the bitcoin will be worth more than the home.

Just been running some examples on bitcoinmath.org and it made me feel good. Their easy to use calculators are a great way to compare things like using a bigger or smaller home down payment, using a college savings fund, leasing v buying a car, taking a Heloc etc. spoiler alert: do everything you can to maximize your bitcoin even if it comes with an interest cost. Also you can download their ebook ‘The Fiat Trap’.

I think that the important monetary impact is that in bitcoin how ever much you have is always a fixed fraction of the total. In fiat your holding is generally becoming a smaller fraction of the whole.

You are trying to argue that cutting up 21 pizzas into infinitely small pieces is the same as an infinite number of pizzas.

Are they available in USA or Australia?

Yeah I would rather not contribute at all and forego any match or tax benefits so i can have the custody and sweet return

Yup thats the math I did when I started my new job 5 years ago. HR lady said they would automatically enroll me, I said no. She couldn’t understand. The reality of putting your idea into practice over the last five years is way better than your conservative assumptions predict.

I’m struggling to understand what you see is the major problem and what you propose is the fix. You say capitalism never existed, if taken literally then it cannot simultaneously be the problem. Or is the point you are making that real/pure capitalism has never existed. If it’s not capitalism in the USA, to pick a country for example, what would you call it. What do you think creates greater negative outcomes: central banks or capitalism? If you were king for the day would you have centralized money and credit or free market money like bitcoin? Which of the political schemes would you choose? Appreciate your passionate notes, I’m just trying to understand your point of view better.

I thought the point he was making was that we have central banks controlling money and credit so the ‘free market’ was not setting the ‘price’ of money. Is this what you thought he was referring to?