WyattBFin

Observe. Question. Hypothesize. Experiment. Analyze. Conclude. Repeat.

Public Key

npub16j6pqmps97xkkz6a493wvr5pdckum0c7jv4fvdda3pskhm560scqxtfqp4

Profile Code

nprofile1qqsdfdqsdsczlrttpdw6jchxp6qkutwdhu0fx25kxk7csctta6d8cvqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsevjzfj

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relay.primal.net

relay.damus.io

nos.lol

Author Public Key

npub16j6pqmps97xkkz6a493wvr5pdckum0c7jv4fvdda3pskhm560scqxtfqp4

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Last Notes

2025-08-05 15:39:07 UTC

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Agreed, plus the impacts on Bedford. The conversation with @nprofile…fa6l was brilliant and ventures down that path. It is worth listening to and linked below.
For me, it sowed the seeds of a desire to dive deeper into the impacts (direct or indirect) felt by the average Bedford civilian over time alongside an analysis of what is and is not working based on Peter’s approach to the problems for which he is trying to solve. The latter can be subjective to the individual defining each - what works and what does not - but also objective based on economic metrics.
What could others learn from his path in Bedford and take to their own town?
It will be interesting to follow and see how various stakeholders answer that question.
@nprofile…nm7x
https://www.projectbedford.com/
https://coinstories.libsyn.com/peter-mccormack-changing-bitcoin-bull-markets-role-of-government-and-victory-over-craig-wright

2025-08-04 00:02:59 UTC

Note to self to revisit these story lines.
https://www.wsj.com/finance/currencies/crypto-treasury-e7ae573c
https://blossom.primal.net/a05cfb5e9772ed0d5e3cf1e721c59b7c58c001c44d35a743494324444fbc83a3.jpg
https://blossom.primal.net/20169f84a810a8abc5f973cb4090e4f5a77f41482b29576aefd6e0162109758f.jpg
https://blossom.primal.net/f80f910fe019f246d29ce74763734c600264e9878c706d28b03462f82782e65b.jpg
https://blossom.primal.net/1e03041d726ee0c4020b490b6223518c24e3f6791d9ce58ce69b2cd67d8aee3a.jpg

2025-07-23 09:56:47 UTC

@nprofile…0zn0 has there been any thought to a version of Opportunity Cost that converts prices to hours of work?
I’m unsure on programming feasibility, but am envisioning the individual inputting their hourly rate which all conversions would be based on. As a result, they see how many hours they would have to work to pay for the item they are viewing, providing a pricing perspective unique to the individual.

2025-07-20 10:18:20 UTC

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Would be interested in seeing this for the latest run up to ATH, if it exists.

2025-07-10 22:33:20 UTC

“Stop delegating your health, your finances, your job, your education, to what everyone else is thinking and telling you to do. It's beyond me that common sense and first principles are totally lost on the majority of the population. And so I'm going to share some things that are important by going all in on Bitcoin, but I consider them logical.
Like, for one, do not exceed your means. If you live a lifestyle that is reliant on Bitcoin being a specific price, that's a problem. I would say, do not spend more than you make.
Be humble, stack sats means don't force Bitcoin to afford your lifestyle. Your work and value you provide to the world should afford your lifestyle. Do not confuse and conflate the two.
Bitcoin's price appreciation is not your proof of work. Obviously, you can, you know, at a later date, when you're comfortable, sell some Bitcoin, buy a house or something. But do not mistake in a bull run as the value you provided to the world.
It can correct. And so live within your means.” - Jack Mallers
The Jack Mallers Show: The Empire Needs Bitcoin: Trump Just Admitted It
@nprofile…3z5x
https://podcasts.apple.com/us/podcast/the-jack-mallers-show/id1695949365?i=1000715215030

2025-07-01 13:35:50 UTC

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Regardless of the sentiment’s accuracy, the two most important words here are the two most likely to be overlooked. The mind will naturally wander along the optimistic route looking for confirmation from those with clout while ignoring the risks along the way.
Leverage, for institutional and retail investors, should be understood before deployed. Particularly for the latter, as it will become incredibly easy to ignore the severity of not doing so as numbers rise and blinders become cemented.
Those will be the ones returning to this post wondering how they forgot to stay humble.

2025-06-18 23:06:54 UTC

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Agreed. I’ve listened to a lot of podcasts with Preston, but this one stands out as a showcase for how to conduct an interview and weave together a conversation.

2025-06-18 10:30:19 UTC

Found myself asking questions that @nprofile…ascn later asked, stopping to take notes countless times, and thinking how powerful this conversation was for anyone to listen to regardless of what bias or knowledge they may have (or think they have).
Worth listening to and sharing.
Also, I’m willing to discuss with anyone and share notes.
BTC239
@nprofile…tcdl
https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489?i=1000713331604

2025-06-05 12:59:27 UTC

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Appreciate the honest and transparent take on the inconvenience and opportunity cost of departing from the social media herd.
A non-judgmental, mature conversation with respect to each perspective. We need more of this.
Well done.

2025-06-01 14:49:05 UTC

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PSG’s announcement of a Bitcoin treasury reiterates the belief that sports would be an excellent vehicle to get Nostr and zaps into the mainstream. Leagues, teams, individual athletes, and even venues can interact with fans as they show support to each other through zaps.
Athletes climbing the ranks could accumulate sats as teams broadcast their in-game stats and fans respond with more than “likes”.
Fans showing the greatest support could get individual feedback from teams or athletes in the form of zaps.
You tip everyone from your Uber driver to your barista, why not the athletes you watch via zaps?
Olympics could be the catalyst.
https://primal.net/e/nevent1qqst9cjw0mry9uvcce3hp0g6qmlttmr9fswaas0f30ms4j2llfuptusy27sty

2025-05-23 04:08:43 UTC

Do you ever feel like you can do anything you want?
You should.

2025-04-23 11:47:51 UTC

“…when you move a pawn forward, pawns can't go backwards, so never in that pawn's life will it be able to influence the squares it once was, because the squares it was influencing before are behind it forever. Now, conversely, when you move a pawn forward, it's now influencing squares that it's never been able to influence before. And so chess is this very interesting idea that, you know, a bad or good move is only with context.” - @npub1cn4…3vle

2025-04-02 13:11:18 UTC

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“And it changed the way we think about science. It didn't change truths and principles that were there before, but it did challenge some of those truths. And I kind of came away from that class going, that is the way I want to think for the rest of my life.
Like I don't want to be stuck in the conventional thinking.”

2025-03-23 17:26:45 UTC

As an offline password manager, the @nprofile…h7k7 Q stands out but I question the viability of carrying it around for daily use.
Anyone have experience or alternatives?
The idea of a purely offline option with a seed phrase backup is intriguing. The world converging towards verification would suggest demand growth for such a secure product, if it doesn’t already exist beyond the token devices that have been in existence for many years.
Would not want to confound the use cases of a @nprofile…3e96 or TAPSIGNER, but maybe it becomes a feature?

2025-03-16 22:25:19 UTC

https://www.theinvestorspodcast.com/richer-wiser-happier/the-inner-scorecard-w-pico-iyer/

2025-03-13 10:34:40 UTC

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Thanks, I’ll be sharing the initial analysis soon (I wanted enough data points to have a meaningful sample size).
Pulling the data every Sunday, I’m currently at 11 weeks of grocery prices in dollars converted to sats with the range being 32,769. The highest date priced in sats being March 9th, followed by March 2nd then December 29th. Average of 156,842.
For context, in dollar terms, the range is $5.07 with the highest being December 29th followed by January 19th then January 26th. Average $149.80.
Utilities and other monthly bills will take longer to develop, but I’ll share alongside the initial publish forward.
More to come.

2025-03-02 11:15:30 UTC

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Acquired:
- LVMH
- Hermès
- Starbucks (with Howard Schultz)
In addition to Costco, which as discussed is a very worthwhile listen.

2025-02-27 11:08:28 UTC

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Narrowing the technical gap one innovation at a time. Well done by the Bitkey team.
The entire Block team, and their trajectory, is worth keeping an eye on. Particularly on the understanding of the market, end user needs and desires, and the strategic approach to solving problems to make systems meet users where they are while having configurations accessible. Exciting and encouraging.
“And this year is going to be one of, I think, like unexpected upside in this business and one that we significantly changed the market dynamics because of just how well our system works and how configurable it is. So, within this space, yes, I do think it's a massive opportunity and one that's well, well, well overdue.” - @nprofile…vru5 on XYZ Q4 2024

2025-02-27 10:27:48 UTC

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It has arrived. Great to see.

2025-02-13 11:25:24 UTC

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There we go! I missed that in looking for the solution, thanks for sharing. Great news.

2025-01-28 12:20:11 UTC

Refreshing and honest.
https://mrobnoxious.libsyn.com/will-storr-on-the-status-game-how-power-conflict-and-ego-shape-our-lives-pmq044
@npub14mc…frlx @npub16le…ffxj

2025-01-26 16:53:20 UTC

@npub1sg6…f63m Any further development underway regarding improvement to the beneficiary problem of self-custody with Bitkey? Adding a beneficiary’s fingerprint may be suitable for some, but there are many scenarios where that might not be practical.
https://support.bitkey.world/hc/en-us/articles/27316808638740-How-would-my-loved-ones-access-my-Bitkey-in-the-event-that-I-were-to-die

2025-01-26 16:46:22 UTC

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Parrhesia.
@npub1hk0…20pf

2025-01-25 13:47:19 UTC

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Should the question be is this what you, the individual reading this, wants?
Meaning, for one it may simply be a transactional focused tool. For another it may be a long term savings focused tool (few transactions). For yet another it could be an educational path to understanding the financial system and to be better prepared when making their own decision about how to spend or store their energy and time.
Outside of the financial world, it can lead to a better understanding of energetics or psychology.
The list could continue. And all could be reasonable answers.
“Writing a description for this thing for general audiences is bloody hard. There's nothing to relate it to.” - S.N. July 5, 2010

2024-12-31 11:57:39 UTC

Focus on quality first, in all things. Use input from contrarians and those worth cloning alike as you look at yourself.
TIP 687: The Art of Thoughtful Wealth Creation is a valuable episode from the team at We Study Billionaires (The Investor’s Podcast Network) with Kyle Grieve and William Green. Also worth going back to RWH052, and the episodes from which it is built.
Links below. Send appreciation to the team please, @npub1s5y…6q7z
https://youtu.be/4XBCuy5tOdE
https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489?i=1000681986657
#podcast #investing

2024-12-29 22:54:59 UTC

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Exceptional conversation by those three. High signal on the future throughout from guys who know the technology and industry better than probably all, but certainly most, and the chart at1:56 is worth wrapping one’s head around. Good share.
And well done @npub1qny…95gx @npub1cn4…3vle and @npub1rtl…jtfs

2024-12-29 01:43:37 UTC

Working on a household expense review in which groceries and recurring monthly expenses (e.g. internet and utilities) are priced in sats and charted over time. The objective is to monitor the household’s purchasing power in sats while monitoring fluctuations in the specific expense categories.
The groceries expense is represented by twenty-six items typically purchased weekly for our household. More or less items can be purchased in any single week, but the goal is to represent the average purchase. Additionally, these items will be priced at the same grocery store and representative of the local market, not a regional or country average.
One would predict the expenses that do not change month-to-month get cheaper when priced in sats over time. One could argue that all expenses priced in sats get cheaper over time.
The intrigue lies with those expenses that can fluctuate widely, such as utilities. For example, a middle of the summer month compared to the same month from the prior year. As the household’s power consumption increases to meet comfort demands, and assuming per kwh price in the current year is different than the prior year, how does the price in sats compare to that same month from the prior year. Could one increase demand, while experiencing increased cost per kwh, but spend fewer sats?
Initial charts and explanation will be published soon and will be updated on a weekly and monthly basis alongside analysis.
Curious if others have looked at their spend the same? Specifically those who hold little or zero USD. @npub1qny…95gx @npub1cn4…3vle or others? If so, and the analysis is public, please share any insight.

2024-12-28 13:58:42 UTC

https://m.primal.net/NJOF.jpg

2024-12-22 23:58:42 UTC

On the intersection between digital assets, the U.S. dollar, and U.S. treasuries.
https://www.soundwavefinance.com/economy-articles/how-digital-assets-impact-us-treasuries
#finance #economy #economics

2024-12-20 23:10:59 UTC

RHR #336
— 4.5M addresses with more than 10M sats. (0.05% of global population, assuming one person per address.)
—1M addresses with 1 BTC. (0.018% of global population.)
“Really puts it all in perspective.” @npub1qny…95gx
@npub10ut…xdlq

2024-04-28 11:47:15 UTC

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There may be a time in the future where the likes of Zuckerberg or Musk are championed in the censorship resistance technology movement, whether monetarily related (Bitcoin) or not, particularly due to their legal resources.
What epoch that occurs will define their conviction.

2024-03-30 10:34:55 UTC

People opt for convenience and “You deal with it for me”. - @npub1wnl…n3wr

2024-03-16 12:14:38 UTC

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A league, team, or venue will soon recognize this as a way to support and attract talent while opening up another form of interaction from fans.
Live event updates with zaps as support response to players, musicians, etc. from fans regardless of physical attendance.
https://primal.net/e/note1kt3yulkxgtce33nrwz735ph7khkx2nqammq7nzlhpty4l7nczheq60uh02

2024-03-14 12:50:58 UTC

Regarding the comment by @npub1sg6…f63m “Zaps represent the only fundamentally new innovation in social media.”
How long until we see a sports team or league recognize and capitalize on this? Instead of displaying X, or other social media handles, they display and facilitate zaps.
Not a novel idea, as I suspect @npub14mc…frlx is already well on his way here, but any team or league could compound the real time support of their players by broadcasting zaps sent to players during the game. Players get in-person support through cheers and worldwide support through zaps, all at the same time with a glance to a scoreboard or in-game statistics display. A fan in Argentina could express support comparable, albeit in another form, to a fan physically in the stadium in Spain. A player then puts weight on the worldwide fan base and facilitation of zaps as a consideration when assessing offers to play for various clubs.
Same goes for venues, particularly ones that utilize livestream platforms. Revenue splits on ticket sales then expand to include revenue from zap enabled shows, thus differentiating and attracting talent.
Is anyone actively working on this? I’d like to research this thought further and understand any development already underway.

2024-03-13 22:15:17 UTC

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No shortcuts.

2024-02-24 01:36:53 UTC

"I want to put my money into something that I trust, first and foremost and that has significant utility. And that the utility is broad but also highly connected and works very fluidly." @npub1sg6…f63m Block (SQ) Q4 2023 Earnings Call

2024-02-13 13:15:34 UTC

@npub1cn4…3vle
To drop in the Mailbag:
It’s worth exploring the counter argument to understand what threats lie waiting, so what do you see as the bearish case in 2024?
Number go up, hyper this, super that is great but can become an echo chamber trap. What are the risks to the consumer, business, and industry/community at this point in time?
- Monetary policy
- Technology disruption
- Geopolitical events
Respect Strike investors and employees do not want to hear bearish conversations, but transparency and a customer centric mentality is at the heart of successful companies and what you project. A deep dive into the threats you, and other leaders in the space, see at this point in time and how can the community can either prepare or help combat (through action, votes, voice, etc.) would be worthwhile.

2024-02-05 01:40:06 UTC

Start at 6:50 and remember this is 1999.
https://youtu.be/FiK7s_0tGsg?si=2haMVmFNcOzBAn6Z
Thanks @npub14mc…frlx and @npub16le…ffxj for bringing this to my attention.

2024-01-25 01:18:59 UTC

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Any way to quantify usage and growth through event objects, relay activity, etc.? nostr.watch or similar?

2024-01-23 10:44:47 UTC

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Well stated.

2024-01-21 02:20:27 UTC

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Planning another investment round? Would participate.

2024-01-19 01:39:31 UTC

It is worth reading Brandon Quittem's "Bitcoin is a Pioneer Species" and John Arnold's "Bitcoin Is Eating The World" in succession. I suspect both will be considered quite prophetic one day.
“After planting roots in a virgin ecosystem, the pioneer species slowly transforms their surroundings, making conditions suitable for more complex organisms to join the party. Before long, this once barren wasteland becomes an oasis of life.”
”…providing instant settlement of borderless bearer value is a unique and unprecedented phenomenon with derivative implications for every industry, and it will inexorably pull businesses that currently have nothing to do with bitcoin into bitcoin’s orbit.”
https://medium.com/the-bitcoin-times/bitcoin-is-a-pioneer-species-38f42ecdbb88
https://tftc.io/bitcoin-is-eating-the-world/
@npub1jdw…ujzl @npub1guh…6hjy
#bitcoin

2024-01-14 16:51:17 UTC

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Thanks. I've heard their name mentioned a handful of times on various podcasts. Will investigate them more as a potential option.

2024-01-14 11:55:47 UTC

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Curious on the logistics of doing so. Let's say your company simply wanted to start by putting bitcoin on their balance sheet, with initial plans of having it sit as a long term asset and adding to that reserve monthly as operating income allows. Are companies maintaining their own hardware wallets, as any individual should, or is the common path to use a third party as to maintain compliance with accounting/financial reporting regulations (or at least take additional measures in doing so) while accomplishing the goal of putting bitcoin on the balance sheet? Any additional resources you could point me to? Thanks

2024-01-11 00:34:59 UTC

BTC164 is worth the listen regardless of the industry. Business leaders should be challenged to the thought exploration for financing their operations and understand what a bitcoin strategy looks like today regardless of if now is the appropriate time for their organization to act or not. Question would be how are organizations like 1West approaching custody? @npub1s5y…6q7z any insight?
https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489?i=1000641111939
#bitcoin

2024-01-08 01:35:17 UTC

Regarding bitcoin, nostr, and the evolution of “freedom tech”:
The us versus them narrative is entertaining but not as effective as the education that comes from questioning the status quo and how such developed. Not all will arrive at the same answers but listening to all sides and formulating one’s own opinion is important. Those who are helping facilitate this thought exploration, such as @npub14mc…frlx with What Bitcoin Did, @npub1s5y…6q7z’s Wednesday releases of Bitcoin Fundaments on the podcast We Study Billionaires, @npub1trr…hdpu’s Check Your Financial Privilege, @npub1dc8…jwqd’s A Progressive Case for Bitcoin, Nik Bhatia’s Layered Money, @npub1a2c…w83a’s Broken Money, @npub1gdu…6nak’s The Bitcoin Standard and the multiple resources from @npub1qny…95gx and @npub1guh…6hjy are invaluable.
People will arrive on their own time. These resources, among many others, are far superior than talking suits, rugs, blue checks, shitcoins, or price alone.
As Rachel Geyer stated on WBD757, "make sure that the person who is sitting at the table speaks the same language as the person opposite so that you open that door so that you can walk this idea in."
People will make mistakes. People will learn. Education is critical.

2024-01-08 00:12:02 UTC

Education is the most effective catalyst for change.