Lovely fiddling as per usual! 💜 wrote a really good piece about micro-tipping a couple of years ago. https://dergigi.com/2021/12/30/the-freedom-of-value/

That's great to hear! A slightly better unilateral exit option from my side as the customer would be reassuring.

JFC that's dystopian 😬

I wish you and your family well in these trying times. 😔 🫂

Thanks a lot! 💜 I'll let my sis know about this., hopefully it works.

Great rip between , and ! Covering all kinds of interesting topics from miniscript to insurance. https://youtu.be/7YJgAzowml8 Question: If I understand this sequence correctly the money becomes spendable by Anchorwatch and Coincorner *before* reverting to unilateral self custody? If so I really don't like this. I mean there's nothing technically stopping Anchorwatch from just refusing to co-sign any withdrawals and then rugging the vault after 335 days. Is there any reasons why the last two steps couldn't happen in reverse order? I.E as the policy has expired you can then withdraw unilaterally. If you still don't move the money yourself or collaborate to roll it over to a new timelock, only then can Anchorwatch move it I.E for inheritance or to recover from loss of all 3 keys. If I misunderstood something feel free to correct me.

Just live below your means and keep stacking consistently, you'll hit escape velocity eventually. 🤙 When I started out I didn't have a large stack either, and only Swedish middle class salary, which is pretty mid globally.

Mid thirties

Some personal reflection on this: I got into Bitcoin shortly after Michael Saylor became a public figure, so like autumn 2020 time frame. Initially I just dabbled with some shitty Swedish ETP products. But as you do you fall down the rabbit hole and Bitcoin takes over more and more of your life and time. 😅 Early 2021 I bought a Coldcard and transferred my life savings to it. 2021 I was also moving to Switzerland - It was a busy time for me. June 2021 I sold an apartment and plowed all of the proceeds sans some moving expenses into Bitcoin. Late 2021 turned out to be the cycle top - I sold basically nothing at all and kept stacking relentlessly throughout the 2022-2023 bear market. I also grew my income a lot by relocating abroad, so I was saving something like 2x the amount of money I was previously in absolute terms, and kept a 40-50% savings rate throughout. Especially good in retrospect was Nov-Dec 2022 - Here the pico-bottom of the bear market ($16.5 k) lined up with my year end bonus at my job. I bought just about one whole coin in those two months. November 2023 was the first time since the previous bull market that I was outside loss territory on my BTC. I kept stacking. Just 6 months later I had doubled my total investment. (> 100% ROI). Late last year I had trebled it (> 200% ROI). Now after a bit more than one cycle stacking sats I basically became financially independent. I could if I wanted to retire right now and just life off my Bitcoin appreciating in value. I decided to take my foot of the gas about stacking and start spending more on the present instead of the future. I'm reducing my working hours and consuming more. Since I already have a phat stack, it's basically appreciating in fiat value faster than I can add to it by saving. I've hit the point of diminishing returns for stacking sats. My main takeaway from this journey was that the consistent stacking in the bear was what really made my fortune. Almost ALL of the positive ROI happened in the last two years, but then the price teleported from sub $30 k to ca $120 k. If I hadn't already owned a ton I'd have missed out on most of the gains. Time in the market beats timing the market.

Welcome back to the nostr Stack! Always appreciated your insights. 🤙

My sister's bank didn't allow her to transfer money to Strike because of "money laundering risk" 🤡 Absolutely infuriating, these legacy banks cannot die soon enough. 🤬 #asknostr Any Swedish nostriches that can recommend a better bank? She was using Länsförsäkringar. note1y77cfftjhvdceylxy8ujvw6yqzepp0mqqu5plelfxrkrkwkkh4wqezlsq6