rich1.0 wrotenpub1cptucn97gslh9c7y0f07f9r9feg98q0s4vnrq2gru0vfw6dyly3qyzcesghttps://yabu.me/npub1cptucn97gslh9c7y0f07f9r9feg98q0s4vnrq2gru0vfw6dyly3qyzcesgnjumphttps://yabu.me3 Bitcoin personal finance rules:
1. Low time preference
Everything we buy we pay for TWICE.
Once to purchase, the second to keep.
Everything takes up time, energy and space.
That hobby gear that cost $100, that you never use is costing you 30% returns every year you keep it.
If something is taking up time, energy, and space, sell it for Sats.
2. Cost per use: (Quality > Quantity)
A high quality shirt for $50 you wear once a week cost LESS than $1 after a year.
That low quality sweater that cost $10, but you only wear twice is now $5 a use.
$1 per use > $5 per use
3. Own, don’t Rent
The bank charges a fine to hold money.
They own the money, and renting it to customers.
Self custody is the solution.