Damus

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Latebitcoiner profile picture
Charlie Kirk got shot today. I may get cancelled for this, but if you believe ANYONE deserves to get shot for TALKING you're a crazy person. I don't care what they're saying.

Latebitcoiner profile picture
I've been trying like crazy to get my enterprise (a large personal lines insurance carrier in the US) to pay attention to Bitcoin since 2021. This year I've actually started to make a tiny amount of progress. The biggest problem is the National Association of Insurance Commissioners (NAIC) has clarified that directly held Bitcoin doesn't meet the definition of cash or admitted assets under statutory accounting principles. We need this changed. Maybe someone at the Bitcoin Policy Institute has an idea of how to try and change this. Can anyone help me with this?

Latebitcoiner profile picture
Bilal Bin Saqib, Minister of State for Blockchain and Crypto in Pakistan just announced they have started a Bitcoin strategic reserve. Pakistan's avg. age is 23 and they have 250 million people. Huge news.
Latebitcoiner profile picture
Lewis sums up Bitcoin friendship perfectly. "Friendship is born at that moment when one person says to another, 'What??!! You too? I thought I was the only one?" CS Lewis. My favorite thing about Bitcoin is how it builds relationships. Running my meetup is the coolest thing I've ever done. People are insane, smart, funny, clueless, brilliant, kind, loving, heartless, and just downright amazing. I would have never had the opportunity to meet some of those people without Bitcoin. Thank you Satoshi.
Latebitcoiner profile picture
I just asked chatgpt to calculate the CAGR of gold since 1935, and it was 7.86%. I asked the same thing about the S&P500. It was 8.79%. About 1% different. So basically, the technology that we've developed over the last 90 years is worth 1% a year. That is absolute BS that humans have done that to the world. Crazy town. So you're telling me that personal computers, modern medicine, etc. are only worth 1%? It's terrible what we've done to value.
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Latebitcoiner · 47w
I guess i was referring to "we" as in any citizen from any G7 country. All fiat countries are responsible for what I posted. Whether "we" were alive or voted for anything. as far as the world is concerned, "we" are included.
Latebitcoiner profile picture
I gave a Bitcoin presentation to my Rotary club on Tuesday. I used www.wtfhappenedin1971.com and then attempted to explain hard money, and then the BTC protocol. Avg. age was 55 years old in the room. I had everyone locked in through Nixon, then lost the room during the protocol explanation, lol. I think I got about 5 people out of 50 thinking, all of them asked questions at the end, and downloaded River or Strike on their phone I found out later yesterday. 10% return in life is great, why am I pissed about it during orange pilling?