GRANTGILLIAM

Clankity clank clank, clankity clank, look at clanker go.

Most investors are not humble enough, to the detriment of their returns

Inflation is the fog of war

's Ten31 Timestamp, subscribe so you don't have to wait for me to repost to nostr. https://www.ten31timestamp.com/

https://x.com/playgolfcollege/status/2029558289621557662?s=42

Bitcoin is absolutely right!

Is there even a second best bitcoin and macro newsletter out there? (NO, THERE IS NO SECOND BEST). Courtesy of

THE BEST BITCOIN NEWSLETTER, COURTESY OF

Anytime your kids are harassing you nonstop, just make them freeze and tell them “hold on, compacting our conversation so we can continue chatting”, then make them wait 5 minutes

Clankers gonna clank

Build the things you’ve always wished you’d had

THE BEST BITCOIN NEWSLETTER, COURTESY OF

Less is more, now more than ever

checking the bitcoin price is not one of them

There are better things you could be doing with your time

https://www.radiofrance.fr/fip

It’s special to find someone who does their work with a genuine smile and joy

Strong endorse

Every morning is a test of whether you can still put on socks standing up

The work never ends.

You have to exercise perseverance

When everyone be ziggin it’s time to be zaggin ✌🏻

Ten31: an investment platform, not a VC fund

https://primal.net/gilliam/ten31-an-investment-platform-for-bitcoin-adoption-

Miracles happen every day

Sometimes the smallest wins can be the biggest ones, giving you an outsized emotional boost

Nah, I’m good

Let your phone die more often

There is no easy button

You can just lower your time preference

"Darkness cannot drive out darkness, only light can do that. Hate cannot drive out hate, only love can do that." Martin Luther King, Strength to Love, 1963.

Started stacking’ sats, I been geeked ever since

There are only 3 ways to outperform bitcoin:

1. Leverage: adding leverage can work, but it adds risk and must be understood.
2. Multiple expansion: can’t bank on it, as it can be driven by factors outside your control (and can go the opposite direction).
3. Sats flows: least risky, most durable avenue to outperform bitcoin (and the most under your control).

Focus on sats flows.

SATS FLOW REMAINS KING

Ten31 Timestamp 909,295 by

ENGAGE

ENGAGE

Ten31 Timestamp 908,247

https://primal.net/gilliam/ten31-timestamp-908247

On a bitcoin standard your batting average will be much more important than it is now. The consequences of bad decisions and bad results are diminished when holes can be filled with the money printer and losses are absorbed by the masses.

In the future, behind every capital investment decision there will be two critical questions:

1. how much sats flow do I have at my disposal to invest? [input]
2. what are the expected sats flows from such an investment? [output]

You will only have sats flow to invest by having previously provided value, and you will only generate incremental sats flows by continuing to provide value in the future.

Simply holding bitcoin is not a strategy to outperform bitcoin.

Generating sats flows is a strategy to outperform bitcoin.

Cool to see last week

Sats flows provide freedom.

Control your own destiny.

Have gotten so many inbounds from people who are planning or contemplating starting a bitcoin treasury company. Last cycle it was people starting mining companies. Rarely if ever get an inbound from someone explicitly targeting a sats flow strategy.

THE ROAD TO A BITCOIN STANDARD IS PAVED WITH SUSTAINABLE SATS FLOWS.

GM

The only evidence of creating value is generating sats flows

Sats flows are what dreams are made of

Don't chase the shiny object, chase sats flows.

Sounds simple, but sustainable sats flows are difficult

An individual or company that doesn’t generate sats flows redistributes wealth over time to others who do.

Can there be a bubble in bitcoin treasury companies? Yes.

Can there be a bubble in sats flow generating companies? No.

Most bitcoin treasury companies have no idea what sats flows are.

Generating sats flows makes it marginally harder over time for everyone else to earn them. Others generating sats flows make it marginally harder for you over time to do the same.

Since I coined the term, I make the definition:

Sats flow posting is back on the menu boys

Too many focused on creating bitcoin treasury companies and not enough focused on creating sats flowing companies

1. vibe

Bitcoiner

https://www.espn.com/mma/story/_/id/45532351/ben-askren-ventilator-require-lung-transplant

The vibes will set you free

Spicy takes only

Everyone wants to have low time preference but don’t nobody wanna wait

Serve

Disable as many push notifications as you can

🇮🇹

Not sure if anyone here understands this nevent1qqs0tyx783vwdawdfkks0lpeehggr8xchj6tstcvq3hhvqpdj7cu76spzemhxw309ucnjv3wxymrst338qhrww3hxumnwgh9leu

Few understand this

Level up or fade away

Pattern recognition and imagining the future

Relevancy is driven in part by independent thought and execution

This was my best post of the day, also least liked one

Businesses and assets will largely remain overvalued until more (fiat) investors appreciate bitcoin as the opportunity cost. There’s a strong argument valuations in the bitcoin ecosystem are among the most rational in the world, as they are valued disproportionately by investors who appropriately factor in the true cost of capital.

Bitcoin has less stroke of the pen risk than all other asset classes. This aspect will become increasingly valued this year.