30 Comments
Oct 12, 2021Liked by BowTied Bull

I’m sitting on tons of public company equity yet every time I read a substack post I think “I should start a business”

Lesson in there

Expand full comment
founding

So banks are transitory?

Expand full comment
Oct 12, 2021Liked by BowTied Bull

As a hamster, stocking up is first nature to me. Sometimes I go too far, though. BTB noticed a surge in frozen food purchases and thought people were being lazy, but it might have been me stocking up on frozen Wagyu.

I also noticed some clown outfit with an ad featuring 'cryptocurrency-trading hamsters' (and I think they are making fun of us). I can categorically state that I have no association with them and in fact will laugh as they go to Zero. Their photo of a Robovorski at a keyboard is incorrect and misleading, since even Logitech has admitted that wireless mice are actually hamsters.

Expand full comment

When it is mentioned an NFT must offer utility, what is an example of utility for an NFT ? (is this simply community/network effect) or utility meaning the NFT references some imporant asset in the metaverse etc.

Expand full comment

That Bloomberg article is shameless. Inflation is not a bad thing, now bend over.

One thing he got right though is that it makes debts easier to clear.

Important thing to notice when everyone (individuals and nations) is borrowing everywhere.

Expand full comment

Late comment but would appreciate any/all opinions if you come across this. Medium net worth, low cash flows, no business ideas currently. Would you sit on $10k until brain finally able to come up with a business idea (really a struggle to this point), or invest (would either go tech ETF or BTC/Eth)? Thanks.

Expand full comment

What is your opinion on the arguments against Proof of Stake? Michael Saylor made some pretty compelling arguments against it on episode 59 Robert Breedlove's podcast called What Is Money.

Saylor argues that part of what secures Bitcoin and PoW networks is the fact that it recruits advocates from the legacy monetary network over time due to the fact that it is capital intensive.

In contrast, Proof of Stake essentially forks you from the legacy system and essentially creates an imaginary world where those who already have the coins are the king.

Expand full comment

I'm trying to understand your POV. Why would you consider staking ETH in pools like Lido 'extremely dangerous' (said the other day)?

Expand full comment

With all of this inflation data coming in should I be asking for a raise or at least a bonus from my employer? Best way to go about that?

Expand full comment

Quick question: If I decided to invest in REITs or indexes, how do I know it’s going to outperform inflation? And also, since crypto is so good, wouldn’t it make more sense to invest only in crypto and ignore TradFi? Since I could get better results

Expand full comment
Comment deleted
Expand full comment