just listened to the latest "money matters" with @jackmallers, some of my highlights and reactions:
- in markets you win or lose, it's binary
I get what he was going for here with every side of a trade has a winner and a loser. but I think broadly speaking, it is not true that markets are binary or all zero-sum.
- the idea that anything not in BTC is short BTC.
this is a very powerful way of thinking it makes you question your consumption goods and whether or not you really want to be short that amount Bitcoin.
however, I don't completely agree that you have to be all in and not have things like real estate or 401K because there is a non-zero chance that something might not work out with Bitcoin and you only have One Life to live. so why make a binary decision when you can still do well with your Bitcoin AND have a backup plan?
- the culture of strike measuring cost of capital in BTC.
this is absolutely amazing! how can we get more corporations to think this way?
Kip
npub18f…rfn7n
2024-03-28 13:32:33
Author Public Key
npub18f63y0lmprpx9l2ck3l9mrv9lr9h24p36qj4ev3hd4njr4lunj4qgrfn7nPublished at
2024-03-28 13:32:33Event JSON
{
"id": "00ce1f0cf2db31ec81761e49c64b78450bb116d36ac2aff025400a771348ea8c",
"pubkey": "3a75123ffb08c262fd58b47e5d8d85f8cb755431d0255cb2376d6721d7fc9caa",
"created_at": 1711632753,
"kind": 1,
"tags": [],
"content": "just listened to the latest \"money matters\" with @jackmallers, some of my highlights and reactions:\n\n- in markets you win or lose, it's binary\nI get what he was going for here with every side of a trade has a winner and a loser. but I think broadly speaking, it is not true that markets are binary or all zero-sum.\n\n- the idea that anything not in BTC is short BTC. \nthis is a very powerful way of thinking it makes you question your consumption goods and whether or not you really want to be short that amount Bitcoin.\n\nhowever, I don't completely agree that you have to be all in and not have things like real estate or 401K because there is a non-zero chance that something might not work out with Bitcoin and you only have One Life to live. so why make a binary decision when you can still do well with your Bitcoin AND have a backup plan? \n\n- the culture of strike measuring cost of capital in BTC. \nthis is absolutely amazing! how can we get more corporations to think this way? ",
"sig": "3ad6cb761a4a33d7662facfeadb6d961c0de7a18bf02bac4e168e2833341a1c3ab760d759512c3694ba9bd9c193b0bb8e01fd80503d262b9eab19b74826e7210"
}