Bitcoin, the asset, is the purest store-of-value we have ever seen. It is the simple conversion of energy (via math and code) into verifiable truth, whether via hydrocarbons, renewables, nuclear reactions or even god damn volcanoes. Real estate is stale in comparison; you may expend energy to form static bricks, aluminium or concrete. But it just degrades without active maintenance. Gold, whilst durable can be centralised or even confiscated. And don't forget the high costs of extraction. So where does this leave our good friend fiat?
May 21, 2021
When I enter the twitter bear pit and see howls of anguish on one side, and cries of joy on the other, I head straight for the middle. I remain composed and think about the low time preference world that I believe is emerging. Nothing is certain, of course. But quiet conviction lets me navigate the shifting sands of sentiment.
May 18, 2021
It's bloody difficult to maintain enthusiasm in an aesthetic wasteland. There's not much community spirit in a 2 hour commute. The worst part is that we once took these matters much more seriously. Just look at the converted industrial warehouses that now embody inner city living. Beauty transcends use. Beauty is sustainable.
May 13, 2021
This is where I used to offer services for property advice. Nothing too controversial. But gradually, as I've continued on my digital journey, it's become something incredibly exciting (for me at least). Instead of hashing out the same advice over and over again, I publish my ideas just once. And once online, they are free for anyone to digest, forevermore.
April 22, 2021
The environment that encouraged motorway building, out-of-town shopping, suburbia, commuting, office managers, living-for-the-weekend, career politicians, central business districts, etc. etc. etc. That came about because our motivations aligned with these outcomes. We Wanted This.
April 14, 2021
11 years later, the landscape is utterly different. I can create the output of a 3-5 person team with a laptop and a Wi-Fi connection. Everything has moved to a SaaS business model. Nearly everything is automated. Lead generation. Financial reporting. Report formatting. Client liaison. It has all become part of a smooth software process.
April 12, 2021
You can be quite shallow in your initial assessment. Money. Power. Status. Once you peel away more layers of the onion however, things get rather interesting. The real colour of life comes out. Consider this example; the overbearing middle manager. They have a strong desire to control and micromanage. They pester you with countless updates and ever tightening deadlines. You want to alleviate your reporting burden. What to do?
March 29, 2021
And let me tell you, there is nothing like having skin in the game. A positive feedback loop would arise. I'd read an article, strengthen my conviction, reassess our migration funds, and always find a little more fiat to ditch. Same with the books. The videos. It was a classic case of Do Your Own Research. Call Your Own Fucking Shots.