Timechain: The Time Value of Bitcoin Written by @jack in To…

Timechain: The Time Value of Bitcoin
Written by @jack in Top Lockers chat
Minor edits by @remjx for readability
2/19/24

Formula is clear
Accumulate until marriage. Decumulate until death
Works for all of humanity
Time based accumulation and selling
Secret to this is your entire lifetime you don’t know what the BSV price is
You’re not trading on DXS
You’re not looking at charts
You do not work in bitcoin industry
You don’t follow what’s going on with Bitcoin
You do not build for bitcoin
Bitcoin becomes a measurement for your life instead of your life
If there are 8bn people using Bitcoin
You’re not all building swaps / DEX / marketplace lol / doing technical analysis / copa case review
Or getting DLSIT bags [1000 BSV]
So my formula is aligned with @black
He’s married with kids
So why he stacking
He spending time and bitcoins with them
In trad world you 9-5 until 65 and then you retire with a “nest egg” lol
In bitcoin world you stack until marriage / kid and then you spend / pass it onto them
If your unit is still going up when you’re 50 you’re doing something wrong
Why is your units going up at 50+ when you should be enjoying the fruits of your labor
With Bitcoin soon enabling 4 year olds to start earning
An age 4 to 26 career of net accumulation is plenty enough
Plus the HBC [hyperbitcoinization] / deflation to kick in
Under almost no circumstance should you have more units at age 45 than at 25
So therefore you’re not asking should I buy the dip? Should I sell this top?
You have your family, now spend time with them
You go do what you want outside bitcoin
:)
Not 8bn people talking about bitcoin
Well if you had to do 9-5 all day
Then family wasn’t as much of your life as it could have been
But if you replace 9-5 with building on bitcoin all day
Then you also fked
This is an initial bootstrap phase
Which is now severely over
Bitcoin is about time
Timechain
It’s a measure of time
What’s the point of bitcoin giving you free time if you back to working on bitcoin
Now of the 8bn people randomly there will be 8 people or 800 people each day working on bitcoin
Just cause that day they had a crazy idea
You accumulate from birth. You have a stack that can satisfy the prospective father-in-law
Instead of getting a degree
You’re like I got 0.04 bitcoins now I’m 24 I’m ready to marry your daughter
And from 24 you spend your 0.04 down to 0.02 with your family
Never net stacking
Pass on 0.02 to your kid who happens to be a prodigy. He had made 0.25 by his age 22 plus what you pass onto him and he’s got 0.27
He spends that down to 0.14 and passes on 0.13 to his offspring
None of these people
Are ever looking at the price get it
You have unlocks happening all throughout the rest of your life
And you spend them
That’s the arch
Whether Craig is satoshi / NAR / blah blah blah
None of this matters
Basically you can live in America without being involved in politics or voting
The new meta is owning BSV
Without knowing the price or BSV news or using BSV
😂😂😂😂
That will be the large majority
You’re not not looking at the price cause it’s stable
It could be wildly unstable
But you don’t care
Why?
Cause instead of trading your whole stack
You got 3M blocks to live?
Each block you’re selling 1/3,000,000 of your stack
So why you care what the price is 😂😂😂
You selling every 10 minutes
Not selling even by that point it’s straight spending
To have unlimited time and freedom in the present moment
And to choose to go look at a chart or bitcoin news
Is retarded
You need to read corporate news cause it can go bankrupt at the next quarterly earnings
You read American politics cause there could be WW3
Why you reading news about a chain that’s the most immutable ever
Get it? Has nothing to do with price stability. But more like time smoothening / time stability
So let’s say I have a DLSIT bag of 1000
I need it to last 100 years
I’ll spend as long as I’m alive
[This strategy] doesn’t need to be promoted
The incentive design of bitcoin self promotes this understanding
If I die early then the kids get the rest of the years
Works out to be 10 bitcoins per year for next 100 years
So 1 bitcoin a month let’s call it
Cool
I’m selling 0.03 bitcoin a day
Which is $2.4 a day
That’s it
You got 4 DLSIT bags? Cool you got $10 a day
It pumps to $1200? Ok you got $150 a day
You’re getting sort of close
To being able to live on bitcoin
Got it?
But you don’t need to know the price
Cause you know you’re spending / selling 1 bitcoin a month for the rest of your life
Whatever that is it is
If you got 4 DLSIT bags you’re selling 4 bitcoins a month
If BSV flips bitcoin, then you got $50K a month to live on
And $200k a month if you have 4 DLSIT bags
Why you care if relay is down
Or panda is down
It doesn’t impact you
Formula works for all generations
Stack from 0 to marriage
Spend until death
If died before spending is done the rest goes to your kids
To add to their stacking from 0 to marriage
Exchanges are a psyop
Charts is a psyop
Bsv industry is a psyop
Thanks for…