The US government ran a $2 trillion deficit over the past year. This money was printed from thin air. We are up to a monstrous $36 trillion national debt right now. BTW…I promise it is very hard for you to truly understand how much a ‘trillion’ is. We are not wired to think in trillions …
Category Archives: Investing
True “Inflation”
“Inflation is a vector, not a scalar. Ignore the abstraction at your own risk. Inflation is the rise in price of every single item for sale across a market, not just the “basket” of goods selected to be a good example, and subject to adjustment and correction over time.” –Michael Saylor “If the currency isn’t …
Which Bitcoin spot ETF is the best?
Bitcoin spot ETFs have been online for about 2 weeks now. I’m going to fire Grayscale $GBTC today I appreciate: 1) all the crypto bros who panicked back in 2023 and let me buy at an almost 50% discount. 2) @Grayscale for suing and winning against the corrupt @SECGov I don’t appreciate: 3) the egregious …
Bitcoin’s Big Events Timeline (i.e. Things I Think Mattered Most)
Future Events I’m Watching (As Of 9/7/23) 0 – Current Events (2023 YTD) 1 – Second Largest Global Crypto Exchange Collapses 2 – Crypto Industry Collapses 3 – 2021 Bull #2 – More Institutions, Sovereigns, And Regulators Weigh In (7/21 – 11/21) 4 – 2021 Bear – Sovereign Nations Weigh In (5/21 – 7/21) 5 …
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Everything Is Monetized!
TL/DR: If the currency isn’t scarce, everything else on the planet that humans desire will become scarce. I’ve spent the last 15+ years (since the ’08 financial crisis) trying to figure out how to manage money during unprecedented times. We are living in an experiment. My guess is you are going to have to try …
Is Hyperinflation Coming? – Preston Pysh
The link I’m sharing in this post is a Bitcoin video podcast. Ignore that (for now). The interview is essential for everyone to understand (not just us Bitcoiners) what is happening in our economy. The guest being interviewed is Preston Pysh (my hero). I’ve listened to him for years (literally for 100s of hours). He …
Why Do We Need Inflation?
Hmmm…. If the currency that your wealth is stored in is being debased by inflation how does that help you? Who decides what the inflation/debasement rate is? How do they benefit from this decision? Why does the currency have to be debased at all? If you are not thinking about this topic and its impact …
Do I Want To Invest In Other Crypto Assets Besides Bitcoin?
I’m a ‘kinda/sorta’ Bitcoin maxi who recently dedicated some time trying to take an objective look at alternative crypto assets. This is what I came up with. If you’d rather download a PDF you can here: My Current Status I’ve invested a good deal of money in Bitcoin over the years. I’ve spent a great …
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4 Years Of Being A Super Nerd About Investing!
Yes, it is 20 pages… No, you won’t read it… PS – I’ll share it anyway. PPS – I can still be fun at parties despite being a super nerd. If you’d rather download a PDF to read this you can do that here: Part 1 – 4 Years In… “Don’t tell me what you …
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I’m THE Preston Pysh Fanboy
I got to meet my investing idol and one of the nicest guys around, Preston Pysh. I was in full fanboy mode (but also tried to remain cool). “Be cool Joey…be cool!” My son (also Preston) went with me to Peter McCormack’s “What Bitcoin Did” live podcast episode in Nashville (with guest Preston Pysh and …
DeanoRolls (@deanoroll5) 