LA

TheresNoSecondBest

The strongest argument would be, you're playing shitcoin casino, prepare to get REKT. The other coins are just copies of the scarcity, not scarcity itself, mate. Why? You might ask. Because [nobody can rediscover fire](https://www.youtube.com/watch?v=TIkqBZnrKJM). TLDW: Absolute mathematical scarcity, achieved by consensus in a sufficiently decentralized network, was a **DISCOVERY**, rather than an invention. It cannot be achieved again by a network of participants aware of this discovery, since the very thing discovered was resistance to replicability itself. ...do you have more time to watch? 1: https://youtu.be/19LA7ReARCQ 2: https://youtu.be/YroOIC8eDrk 3: https://youtu.be/ZsgZjAPjxDU

Unfair-Advantage-Pro

Add the 15k for rent they must be paying in prime LA and now you gotta make at least 10 dollars profit

TheresNoSecondBest

For anyone wondering, the other coins are just copies of the scarcity, not scarcity itself. Because [nobody can rediscover fire](https://www.youtube.com/watch?v=TIkqBZnrKJM). TLDW: Absolute mathematical scarcity, achieved by consensus in a sufficiently decentralized network, was a **DISCOVERY**, rather than an invention. It cannot be achieved again by a network of participants aware of this discovery, since the very thing discovered was resistance to replicability itself. ...do you have more time to watch? 1: https://youtu.be/19LA7ReARCQ 2: https://youtu.be/YroOIC8eDrk 3: https://youtu.be/ZsgZjAPjxDU

Accomplished-Let952

This made me have a profound gratefulness for life and that I don't live in LA.

mudguppy

Yep. LA is as expensive as you make. I mean there’s not much a person can do about fuel prices and taxes, but there are tons of delicious, low cost food options all over SoCal (early morning tamales are my favorite). Get adventurous. Explore. Picky eating is for toddlers and alphabet peeps. Some of my favorite spots were in Watts and Compton - just be sure to carry multiple magazines, and don’t make eye contact.

JustRaphiGaming

Yeah or just stay away as far as possible from this hellhole called LA.

TheresNoSecondBest

It's not just the limited supply. Bitcoin is the only money you can send online without using a trusted third party. If you mean compared to other crypto coins, the shitcoins are not scarce. They are just copies of the scarcity, not scarcity itself, mate. Why? You might ask. Because [nobody can rediscover fire](https://www.youtube.com/watch?v=TIkqBZnrKJM). TLDW: Absolute mathematical scarcity, achieved by consensus in a sufficiently decentralized network, was a **DISCOVERY**, rather than an invention. It cannot be achieved again by a network of participants aware of this discovery, since the very thing discovered was resistance to replicability itself. ...do you have more time to watch? 1: https://youtu.be/19LA7ReARCQ 2: https://youtu.be/YroOIC8eDrk 3: https://youtu.be/ZsgZjAPjxDU

Unable_Beat_3194

LA is expensive because of vesting options. A lot of people who work in LA earn 2-5x their salary on these vested shares alone so two figure costs isn’t an amount worth glancing at.

obiwan_k3n00bi

LA? same price as Austin or Tucson, get out of here with your anti california bullshit. hell, i was just in atlanta and regular food was more expensive than san francisco

joefunk76

Pretentiousness is expensive. You could have eaten that same sandwich for $2, also in LA, but chose to buy it from Chez Ripoff instead.

matthegc

You can’t fix LA unless you fix government spending in CA.

mindfulofidiots

Is that because they can't afford to live in LA???..

753UDKM

Food is expensive in LA because it's expensive to live in LA It's expensive to live in LA because there isn't enough housing There isn't enough housing because of exclusionary / single family home zoning Fix the housing and land use issues, and LA will be livable again

HottDoggers

LA is expensive, but not $22 avocado on toast expensive unless you the kind of individual to spend $22 for avocado on toast.

Sokkumboppaz

I mean, if its LA it’s definitely possible someone’s charging $22 for that tiny slice of toast at a brunch spot. Realistically though people only eat there for the optics/photos.

erikcontreras

I live in LA and this looks exactly like what someone who doesn't know anything about the city would post and then complain about. Silly post but still buy Bitcoin!

Generationhodl

I pay like 2$ for an avocado, and maybe 3$ for a whole bread. so basically I would have to pay like 2,50$ if I would create something like in that picture. living in LA must be a pain in the ass if you dont earn at least 150k-200k a year.

Coo7Hand7ukey

Only lived in downtown LA, Long Beach, and off the 210 E

lilomar2525

It's the same sort of idiot who accepts outlandish statements about prices in LA without stopping to consider if they are being lied to.

Coo7Hand7ukey

Im from LA. I posted down below but this would be a custom order and definitely less than $10 even at a really nice restaurant. You're usually spending $10-$15 on avocado toast, but there would be so much more on it (egg, cheese, greens, fruit, ect.).

ckamp121

bro has never been to LA

MrTsBlackVan

2 pieces sourdough, poached egg, avo, and smoked salmon then 22$ is borderline reasonable for LA

ricoimf

Is somebody from California or particularly from LA? What would be a reasonable price for this meal at a restaurant? $22 seems very overpriced, no matter the location. In my area this would cost around 8-9 bucks fresh

bennyb0y

They are $30 in LA now.

Zapitnow

He said someone should nuke LA or San Diego. I’m not kidding.

ruthless_techie

A larger population means a larger tax base, more talent, more economies of scale. If scale made good systems impossible, big companies and big countries would all be dysfunctional. They're not. Healthcare, housing, and subways are not managed at the continental level. They are managed by cities and states. Singapore is 5.9M people. NYC is 8.5M. LA County is 10M. California is 39M with a $4T GDP. If small size is the secret, why doesn't a single US city or state pull off a world class metro, public housing, or health outcome? If scale was the problem, we would have at least 1 or 2 futuristic pilot cities. We have zero!!!! Singapore is the 2nd busiest port in the world, 5th largest financial center, and handles ∼20% of the world's transshipment. It's small but it runs a system that the entire world relies on. That's the opposite of insignificant. Think about what you're actually arguing. You're saying the US system breaks down at scale, so we'd be better off as smaller countries if we want Singapore level results. Scale isn't an excuse. And the fact that we spend more per capita for worse health and infrastructure isn't "running at scale”, it's just running poorly. Dismissing a country that does a lot right because it's small means we learn nothing. I would like USA localities to stop homesteaded property tax entirely, and engage in “Municipal Enterprise” to make a profit and provide a better life for its residents rather than parasitically taking it from the earnings of its own people.

ruthless_techie

A larger population means a larger tax base, more talent, more economies of scale. If scale made good systems impossible, big companies and big countries would all be dysfunctional. They're not. Healthcare, housing, and subways are not managed at the continental level. They are managed by cities and states. Singapore is 5.9M people. NYC is 8.5M. LA County is 10M. California is 39M with a $4T GDP. If small size is the secret, why doesn't a single US city or state pull off a world class metro, public housing, or health outcome? If scale was the problem, we would have at least 1 or 2 futuristic pilot cities. We have zero!!!! Singapore is the 2nd busiest port in the world, 5th largest financial center, and handles ∼20% of the world's transshipment. It's small but it runs a system that the entire world relies on. That's the opposite of insignificant. Think about what you're actually arguing. You're saying the US system breaks down at scale, so we'd be better off as smaller countries if we want Singapore level results. Scale isn't an excuse. And the fact that we spend more per capita for worse health and infrastructure isn't "running at scale”, it's just running poorly. Dismissing a country that does a lot right because it's small means we learn nothing.

nipommu

Bro I’ve been there just a week ago shits getting worse man which part of LA are you on about? Unless you are a one percenter that can live away from the majority of the mess, people are knee deep in that shit. Homeless and junkies growing exponentially. But yea let’s vote for the same people right?

Lord-Dongalor

Someone hasn’t left their swamp hut to actually visit LA, and it shows.

EstablishmentPale419

Imagine living in a place like LA paying some of the highest taxes in the country where the streets are covered in needles, sidewalks blocked off by the homeless, police don't show up ever, and ambulances can't get past traffic. High taxes don't necessarily mean you get any of the amenities you pay for.

TheresNoSecondBest

Anyone wondering why some shitcoin cannot take over Bitcoin, because [nobody can rediscover fire.](https://www.youtube.com/watch?v=TIkqBZnrKJM) TLDW: Absolute mathematical scarcity, achieved by consensus in a sufficiently decentralized network, was a DISCOVERY, rather than an invention. It cannot be achieved again by a network of participants aware of this discovery, since the very thing discovered was resistance to replicability itself. ...do you have more time? Watch these three videos too: 1: https://youtu.be/19LA7ReARCQ 2: https://youtu.be/YroOIC8eDrk 3: https://youtu.be/ZsgZjAPjxDU

rando08110

Yes? Mot everyone lives in LA or NYC

GreenStretch

Before OP gets deleted. # Hora de meter todos nuestros ahorros en bitcoin? No aguanto más, hoy me levante con 1000 dolares extras. Tengo ganas de vender hasta al perro de mi suegra con tal de conseguir un poco mas de money e invertirlo. 86k, wow. Quiero ir hasta mi trabajo y escupirle en la cara a mi jefe seguido de un "ME VOY A LA MIERDA. RENUNCIO!"

Alert-Badger4687

man asking for in-person help with a bitcoin wallet in LA is a fast track to getting robbed. watch a couple youtube tutorials, you don't need to understand script just to use the thing.

Odd-Recognition5971

https://preview.redd.it/7fzjubm1c7nh1.jpeg?width=1206&format=pjpg&auto=webp&s=9b1c88ac1fbf301fde5c699af603e42e79609de6 This is what he looks like if you are in LA

Friendly-Attempt-279

In that case what do you think for younger Bitcoiners in their 30s who are still far from that magic 65. In a major metro city like NYC or LA?

tiddererium

No entiendes como funcionan las temporalidades? 🤣 Ve a buscar el gráfico de Space X en temporalidad de 6 meses y dime que te sale. Una vela. Como carajos analizas una Vela????? Yo usaría el gráfico de 6 meses, si Bitcoin tuviera suficiente información en ese gráfico. PERO NO LA TIENE. Bitcoin a penas va a cumplir un par de décadas de vida, neofito 🤣

mikeysz

Ehhhmmm…... LA pumpe

VonDingwell

1) the Quadriga CX fiasco.... That hurts and haunts. Considering his conman partner ran from Canada and still runs $hitcoin fraud from SE Asia I firmly believe hes alive and hiding. 2) Not going on an adventure with a good group to buy Bitcoin in LA in 2011 as it was too difficult/annoying to buy in Canada.

xuncx

Fuck cro and their stupid app. Also it’s always gonna be Staples center to us LA locals

GentlemenHODL

>What I always wonder is: How can someone be smart enough to accumulate 6 bitcoins, yet make such elementary mistakes at the same time? What I always wonder is why people so constantly think that just because someone is rich that they are intelligent? My neighborhood overwhelmingly voted for Spencer Pratt in the Los Angeles election. This guy makes retarded llamas look intelligent by comparison. I live in one of the most lush neighborhoods in LA.

omg_its_dan

Those kids were also completely stupid and immediately rented a mansion in LA, bought a bunch of super cars, and gave out $30k Hermes bags for free at the club. It’s definitely possible but that was a pretty unique situation where they were basically begging to be caught.

JLMaverick

In koreatown LA? If you have a bored ape nft you get a free 8th/day

xuncx

It’s been over well $5 here in LA for a long time.

AmazingResearcher938

Can someone find me someone who’s selling Crypto and is able to meet up physically in LA, California right now? Will pay for connecting.

Sufficient-Pie-7815

I was not talking about fed taxes. I was always taking about sales taxes! I have no control over where my fed taxes go. The post is about giving to homeless. In LA we passed a prop and over 1 billion a year in la county goes to homeless services. My share is about $2500. How much do you give? You made a snide comment, which makes you an a hole!

Sufficient-Pie-7815

Not true, we the voters in LA passed a prop that increased sales taxes to only be spent on homeless services. You are an arrogant self righteous prick for calling me greedy. You do not know me or how I spend my money!

Sufficient-Pie-7815

My sales taxes millions of others in LA pay for homeless services dumb a.s! Actually, amount to billions!

TheresNoSecondBest

>There’s also other crypto besides bitcoin The other coins are just copies of the scarcity, not scarcity itself, mate. Why? You might ask. Because [nobody can rediscover fire](https://www.youtube.com/watch?v=TIkqBZnrKJM). TLDW: Absolute mathematical scarcity, achieved by consensus in a sufficiently decentralized network, was a **DISCOVERY**, rather than an invention. It cannot be achieved again by a network of participants aware of this discovery, since the very thing discovered was resistance to replicability itself. ...do you have more time to watch? 1: https://youtu.be/19LA7ReARCQ 2: https://youtu.be/YroOIC8eDrk 3: https://youtu.be/ZsgZjAPjxDU

TheresNoSecondBest

The other coins are just copies of the scarcity, not scarcity itself, mate. Why? You might ask. Because [nobody can rediscover fire](https://www.youtube.com/watch?v=TIkqBZnrKJM). TLDW: Absolute mathematical scarcity, achieved by consensus in a sufficiently decentralized network, was a **DISCOVERY**, rather than an invention. It cannot be achieved again by a network of participants aware of this discovery, since the very thing discovered was resistance to replicability itself. ...do you have more time to watch? 1: https://youtu.be/19LA7ReARCQ 2: https://youtu.be/YroOIC8eDrk 3: https://youtu.be/ZsgZjAPjxDU

I_Hate_Reddit_69420

I don’t know where you live, but in most places 85k should be more than plenty to not be having to live paycheck to paycheck. So you either live in a super expensive part of LA, or you have spending problem.

skydiver19

I think we’re actually converging on the same point. My issue was never with the idea that housing has become less affordable. It clearly has in many places. My issue was with the claim that houses in the 1950s were “dirt cheap”. Looking only at the sticker price of a £2,000 or $8,000 house ignores what people were earning at the time. Once you compare house prices to incomes, the gap is much smaller than people often assume. Still significant, but not the “houses cost pocket change back then” narrative that gets repeated online. As for LA, I don’t disagree that the numbers become much more dramatic. But that’s also where I think the comparison starts to break down. We’re no longer talking about the average house in the 1950s, we’re talking about one of the most successful property markets in the world over the next 75 years. That’s a bit like looking at Bitcoin today and assuming it will be the winning asset. With hindsight, buying a house in 1950s LA was an incredible investment. But people in the 1950s didn’t know that. There were plenty of cities and regions that didn’t experience anything like that growth. Likewise, Bitcoin may turn out to be the dominant crypto asset, but that’s not guaranteed. It could be Bitcoin, it could be another crypto asset, or it could be that the real long-term winners are technologies that don’t even exist yet. If you’d told people in the 1990s that the internet would change the world, you’d have been right. But that didn’t mean every internet company was a good investment. Plenty went to zero. The challenge for investors isn’t spotting a potentially transformative technology. The challenge is identifying which specific asset will capture most of the value. Looking back, buying a house in 1950s LA looks obvious. Looking forward from 1950, it wasn’t. That’s the same uncertainty Bitcoin investors face today.

moz_rl

no your right it isnt as big of a gap as people including me make it out to be. but again we are comparing the average across millions of homes and millions of salaries. i should have included it in my original post but that ratio changes drastically if you only look at homes in urban areas. the vast majority of homes in USA are in the middle of nowhere and they bring the average down drastically. i think a more fair comparison would buying bitcoin now is like buy a home in LA in the 1950s. using google ai overview the average home price in LA was 9k, now it literally 1 million. that ratio is going to be WAY more drastic.

moz_rl

lemme try out the math. for USA. average home price 1950s about 8k USD average salary 1950s about 3500 per year ratio: 8k/3.5k = 2.3 home price 2026 about 400k average salary 2026 about 70k ratio: 400k/70m = 5.7 yea maybe its not as much as i thought but saving up for 2.3 years to buy a house is still way easier than saving up for 5.7 years on average. and im sure these numbers only gets worse if you compare these ratios for homes in LA, SF, NY etc.

blaziken8x

I watched some videos on youtube showing the aftermath of LA palisades fires. In worst case scenario like that, no safe will save its insides. If you want to protect from fire, you need to think in terms of a hole in the ground. For example, dig in the crawl space under the house or in your backyard, or under the floor in a shed in your backyard, put in the hole a concrete pipe or build a "box" out of bricks. Store your fire resistant seed phrase there, inside two waterproof containers (could be as simple as a glass pickle jar with silica gel and then put it inside a waterproof box of some sort). Cover the hole with a removable concrete cover or a slab.

TheresNoSecondBest

The other coins are just copies of the scarcity, not scarcity itself, mate. Why? You might ask. Because [nobody can rediscover fire](https://www.youtube.com/watch?v=TIkqBZnrKJM). TLDW: Absolute mathematical scarcity, achieved by consensus in a sufficiently decentralized network, was a **DISCOVERY**, rather than an invention. It cannot be achieved again by a network of participants aware of this discovery, since the very thing discovered was resistance to replicability itself. ...do you have more time to watch? 1: https://youtu.be/19LA7ReARCQ 2: https://youtu.be/YroOIC8eDrk 3: https://youtu.be/ZsgZjAPjxDU

EtTuBrute31544

Not so fast - The rental property was located in the Palisades outside of LA. No rental income, house burnt and you are battling the insurance company for payment.

Radiant-Definition31

puedes mandarmelo a mi wallet y se te acabo el problema ... el problema pasa a ser mio! te interesa? jajajajajajaj aora enserio FELICIDADES POR LA RECUPERACION

Heyla_Doria

"Avoir suffisement"  Vous volez l'argent des travailleurs et vous prétendez courir après LA liberté alors que vous ne partipez a a rien et faites croire que c'est une monaie normale

Ambitious_Use_9578

In LA, do they have bitcoin ATM machines? Where I'm at, you can feed cash into the machine and buy bitcoin among other cryptos. Google "bitcoin ATM" to find something near your location.

TheresNoSecondBest

The other coins are just copies of the scarcity, not scarcity itself, mate. Why? You might ask. Because [nobody can rediscover fire](https://www.youtube.com/watch?v=TIkqBZnrKJM). TLDW: Absolute mathematical scarcity, achieved by consensus in a sufficiently decentralized network, was a **DISCOVERY**, rather than an invention. It cannot be achieved again by a network of participants aware of this discovery, since the very thing discovered was resistance to replicability itself. ...do you have more time to watch? 1: https://youtu.be/19LA7ReARCQ 2: https://youtu.be/YroOIC8eDrk 3: https://youtu.be/ZsgZjAPjxDU

Opening-Welcome-3796

Tu encaissera rien ils vont te demander 50.00 pour vérification d'identité et ça continue frais pour tout et l'argent tu ne la verra jamais c'est des arnaqueurs ce site ça m'est arrivé cette semaine.PRUDENCE N'ENTREZ PAS LA.

Automatic_Ring_7553

"Use solar power to do AI" sounds a lot like "hyperloop to connect LA to SF"

Ok-Dimension-7859

Somebody once researched the first IP adresses used by Satoshi and while most time it was a VPN. There was one time an IP address from LA area. It was a debug log file, few days after 0.1 was published. Turns out the IP address location was in Van Nuys. Then somebody pulled up the records and found that Nick Szabo‘s parents lived in Van Nuys since the 90‘s. I belive they sold the house in the 2010‘s

McCl3lland

Fine, I'll watch the [Fight of the Century](https://www.youtube.com/watch?v=LA1-1DlhuXU) again.

yiliu

Also, the population is 3x as large as those countries put together (ignoring England, because when did they last stage a major protest that significantly changed the direction of the government?), and far more diverse. It's divided into states that are much more independent. There's no mechanism for calling a snap election. It's just altogether more complicated. You can't make a day trip of protesting in the capital in the US, and if you go to the nearest Trump-supporting area to protest, you're likely to face a mass of armed counter-protesters while cementing the views of those in that area that you're an "entitled coastal elite", and they should vote for Trump. I'm not American, but I live here, and it's clear that despite all the frustration there's very little to actually be _done_. If you were somebody in New York, or Minneapolis, or LA, or Seattle, and you were aggressively anti-Trump, what would _you_ do, other than staging yet another march through a city that has consistently voted Democrat for decades already? They just need to _fucking vote_. I can and do blame the average American voter for sitting on their fucking hands in 2016 and then again in 2024, or voting for the lulz instead of actually taking it seriously.

Jsn7821

Pretty much everything on polymarket there's someone out there who knows the result before the bet settles I remember one about who did Netflix announce was Satoshi? And there was a screening the day before the bet closed in LA..

AdProof8291

According to LA law, everything under 199 USD is free no? I'm in the UK, it's totally different here. You can commit ch:LD R:ape and be let to go free with damages from the welfare system, then say something like "Foop Keir Starmer" with a house fire meme and get 36 months behind bars. In fact I'll probably be arrested for posting this 🤣 farewell 🤣

Life-Republic2311

Based in LA.. I’d be more worried about bums stealing your keys 🤣

pathetic_lineage

Been through this rodeo a few times and honestly the hardest part is just accepting when youre wrong about the direction. I got absolutely rekt in 2018 trying to catch every little bounce thinking each one was THE bottom. Lost way more than I shouldve because I kept averaging down into what I thought were bargains These institutional dumps are no joke and they have way deeper pockets than retail. The smart money is probably already positioned short while were here debating if 70k is the new floor. Your plan to wait for that 80k reclaim actually makes sense - at least then you know the bulls are back in control instead of just guessing Sometimes cash is the best position and LA rent aint getting any cheaper while you bleed sats

winterborne1

I remember buying pasta at a place in LA with Bitcoin many years ago when Bitcoin businesses were a special and rare thing. That meal cost me 0.43 BTC

Macbethad01

I agree with that outside of the high cost of living areas 2.5m would be considered wealthy... With a reasonable rate of return and being able to withdraw 5% a year without touching principal and having social security that's a pretty decent life but your right upper middle class probably top 10%. In a HCOL area like NYC or LA yeah 10m plus...

sloanal

im in LA, ill buy it! dm me 👍

RustyCopperSpoon

I’m in LA. How much do you want for it?

harvested

Here you go https://youtu.be/19LA7ReARCQ There are also part 2 and 3, each is about 20 min from memory, you should be able to find them via related suggestions. It will explain all you need to know.

outoftownMD

I was drilling into a wall in 2018 in my house. My stud finder said I was in wood, but it went through to easily. I pushed further and hit the hot water pipe. It shot a 30 ft maximum water temp through the wall to the other side of my place. I addressed the water frantically. Months later, I was looking for my codes because I'd bought a new trezor. I couldn't find them and couldn't remember the code to get into the trezor I had. I looked everywhere. I eventually found them in my bookshelf that had been hit 30ft across by the water. Water damaged, faded away. all BTC and ETH purchased from 2016-2017, gone. (11btc+, and 80eth+). I was spooked from it all and didnt want to ever touch it again. In 2020, I slowly starting buying again. In 2021, had reaccumulated 1.6 btc from slow purchases. put all of it into SPELL. it ran up to 8BTC + worth. Then it came out that the treasury for SPELL was connected to QUADRIGACX collapse and potential founder death. It fucking cratered before I was even aware since I wasn't frequently checking. It fell all the way back to pretty much my initial, AND I HELD. SUNK COST FALLACY hit hard with LOSS AVERSION. (understand these). I took the 'last' BTC I had and wanted to put it somewhere 'secure'. I SHOULD have put it into USDC or USDT if I had the knowledge I have now. My cousins who had been in before me, and with the feeling of SCF and LA alive in me, had me highly suggestible to any insights or recommendations. They recommended I put I put it into a 'blue chip NFT'. so I bought a high rarity Doodle. :(. A few months later, Doodle pumped and I didn't sell. A few months after that, the Doodle founder came out saying 'Doodle was never meant to be an investment vehicle', CRATERED 80-90%. so from 1.64 reaccumulated BTC (+ 20 ETH that I had on the side making some trades), I went up to 8BTC, greed held, cratered to 0.4 BTC. ETH from 20> 46>4>2). So, journey indeed.

Amber_Sam

Because [nobody can rediscover fire](https://www.youtube.com/watch?v=TIkqBZnrKJM). TLDW: Absolute mathematical scarcity, achieved by consensus in a sufficiently decentralized network, was a **DISCOVERY**, rather than an invention. It cannot be achieved again by a network of participants aware of this discovery, since the very thing discovered was resistance to replicability itself. ...do you have more time to watch? 1: https://youtu.be/19LA7ReARCQ 2: https://youtu.be/YroOIC8eDrk 3: https://youtu.be/ZsgZjAPjxDU

GaussAF

Yeah, like it's not hard to move to other states. It's not like changing countries. LA has beaches, but so does Miami, so does Honolulu I think Larry Ellison already moved to Hawaii

No_Giraffe_4647

To have a modest life in Thailand why not but in NYC or LA you may need 10X more

Amber_Sam

It's just another useless scam, because [nobody can rediscover fire](https://www.youtube.com/watch?v=TIkqBZnrKJM). TLDW: Absolute mathematical scarcity, achieved by consensus in a sufficiently decentralized network, was a **DISCOVERY**, rather than an invention. It cannot be achieved again by a network of participants aware of this discovery, since the very thing discovered was resistance to replicability itself. ...do you have more time to watch? 1: https://youtu.be/19LA7ReARCQ 2: https://youtu.be/YroOIC8eDrk 3: https://youtu.be/ZsgZjAPjxDU

SteveW928

I don't know how up-to-date this is, but Jameson Lopp has this list of a bunch of types of testing results: [https://jlopp.github.io/metal-bitcoin-storage-reviews/](https://jlopp.github.io/metal-bitcoin-storage-reviews/) A few other things to consider is operational security (do you want to order one from somewhere, or just make your own?), or if you'll need more than one, etc. I decided to go with the metal washers and 3D-printed jig. Then you can just order a stamping set (multi-purpose) from somewhere, and make as many as you want, whenever you want. Here are some instructions: [https://blockmit.com/english/guides/diy/make-cold-wallet-washers/](https://blockmit.com/english/guides/diy/make-cold-wallet-washers/) I also prefer seed phrase + passphrase, so I can stamp my passphrase into a couple washers and store that in a different location. So, it is a bit more flexible than something that can only do a single 12 or 24-word storage. One other thing to keep in mind, is redundancy. Apparently in events like floods or the LA fires, stuff like that can end up getting washed away or someone might get it going through rubble. (Another reason I like the seed phrase + passphrase.) Anyway, you might want to plan in some redundancy, and think about what if one of the redundant copies gets exposed.

Computershoes

2007 started looking into internet money realized the centralized problem in computer sciences. I was actually collecting magic the gathering cards again as i also thought of them as tradeable stocks anything has value. And internet money could be the same. Had conversations with an acid head about how the double spend problem could be solved strangely enough he knew everything about hashes, merkle trees even talked about this guy torrence germaine that was driving around in a Lambo and hung out with cyberpunks in California that we use to go to school with. Last i heard he is now sleeping in banks at night and searching through dumpsters. 2010,11,12 had seen minor signs of it existing 2014 my sister was living in Ny said she bought bitcoin either $100 when it was 300 or $300 when it was $100 i said the usual government will probably shut it down than realized quickly maybe this is it and told her id try and buy $1000 worth. Unfortunately the only avenue i seen was needing a passport to buy which i didn’t have. Summer 2017 i was sitting at a poker table at the Aria when a lad asked another young lad Chris what happened to this mutual friend that hasn’t been around. Chris said he quite poker moved to LA to do bitcoin full time. I thought that was strange quite poker for bitcoin and i had my passport now. When i got home researched bitcoin bought my first bits on coinbase probably $800 worth when it was 2k watched it run upto 19k i thought at 5k forsure this thing is going to 1 million 10k a week later confirmed that. End of December i put my bitcoin stuff away only looked at it every once in awhile when it was always at 6 or 8k i thought 6k is decent bought small purchase again it hit like 3k and it was on this is low and bought as much as possible with two frozen bank outs a three and a half year audit for my small construction business and full out war with b lender banks over construction loans. I have wicked video detailing 4hrs before the absolute bottom in that bear market the bank statement where i even put my last $80 from my account into bitcoin while the bank held my money and was trying to crush me. I will skip ahead to now im building my second home with no banks involved and if the market is rite for bitcoin will be looking to sell it for bitcoin its way better to get a bit of cash out if needed than trying to put 700k in banking system. 

misunderstandingit

How did you learn how to build a house? Just youtube and the library? Or did you have construction experience before starting? I kinda wanna do this.. I live in a place where land is "cheap" , cheaper than NYC or LA that's for sure. But I've also never even done dry wall, let alone stand up the foundation and frame of a whole house.

Frequencyfaery

Arent they doing this already? I know in LA they are

A3333Z

Like this [Enter Bitcoin](https://youtube.com/shorts/RtrU2nPh-LA?si=a9xFj6oUrU4Lxlhb)

harvested

In addition to OPs link: Part 1: https://youtu.be/19LA7ReARCQ Part 2: https://youtu.be/YroOIC8eDrk Part 3: https://youtu.be/ZsgZjAPjxDU

hellblazer19

Yeah but you see, I wanna buy the LA Lakers

AutoModerator

Post is by: LA_producer and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1p7ruho/fck_robinhood/ F*ck Robinhood Not that anyone needs a reminder, but f*ck Robinhood and any other platform that makes your limit order sit on the book until their own market makers have enough spread to arb your order. [This LINK sell](https://imgur.com/a/Dct9iR4) has been sitting there all afternoon because they couldn’t screw me over me off the bat with a market order. Their UI is flashy and they make it so easy to buy, but god help you if you don’t have “priority” and want to get out at a rational price and time. I am not a frequent Robinhood user for many other reasons and this was a good reminder that I should continue to not use it. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

workingwisdom

Very possible in NYC, LA, bay area, etc Source: been to multiple 6 figure weddings

Erowid2S

>That's a total non-sequitor. A disagreement != a statement t hat doesn't logically follow the previous one. > I spend $0 on bank transactions. So compared to bank transactions for me, Bitcoin is INFINITELY less efficient. But we do spend resources on hiring armed guards to transport money, for example BRINKS. Plus, we spend resources on hiring people to run banks, banks pay to maintain their physical banks etc... this costs energy to keep the lights on, etc. You may spend $0 on bank transactions, but there are resources being spent for those transactions to occur. This is what the main point we're discussing is: resources are being wasted to mine bitcoin—much more than are being wasted by TradFi, for us personally and for the whole world. > That's obviously a terrible example, which is why it's illogical to convert it into kWH. Every person's situation for comparison is different, and it would be imprecise for me to use anything but 3.125 BTC per block or $320k in today's USD. That's what's important to me because it can imagine that amount of money. One estimation is that a single bitcoin transaction uses 1289 kWh. In the USA here in Los Angeles, that'd be about $640 at $0.41/kWh for an average person. The average person uses probably 3 to 10 kWh a day. A fridge uses about 250 kWh a year on the low side, 1000 on the high side. So about $410 a year MAX. A bitcoin block mined is estimated to use 155,000 kWh. Here in LA, that's about $63,500 with no special energy contract. Other metrics say 1 BTC mined is 6,400,000 kWh. There's no reliable source. So to say it costs $320k to mine 1 BTC is BS.

mrjune2040

It’s just syndicated PR ie ‘pay to play’ media. They don’t have investigative journalists, look at the bios of the writers and it’s almost always people with zero journalism backgrounds. One guy I looked up was an aspiring actor in LA turned crypto analyst. And moving forward a lot of it is going to be AI generated summaries containing a bunch of falsehoods (especially with financials/math where LLM’s are notoriously poor).

Lyuseefur

Background: In October 2009, Finney announced in an essay on the blog Less Wrong that he had been diagnosed with (ALS) in August 2009, and wrote: "I hope to be able to read, browse the net, and even participate in conversations by email and messaging (...) I may even still be able to write code, and my dream is to contribute to open source software projects even from within an immobile body. That will be a life very much worth living." Now ... let's calculate. \>> Very Early Symptoms ALS: [https://als-ny.org/very-early-als-symptoms-what-to-look-out-for/](https://als-ny.org/very-early-als-symptoms-what-to-look-out-for/) Timeline for Very Early ALS (and someone that is extremely athletic would notice this readily) is generaly 1-2 years prior. Then, to get an official diagnosis is a whole series of exams and a second opinion. [https://www.als.org/understanding-als/symptoms-diagnosis](https://www.als.org/understanding-als/symptoms-diagnosis) That places us at about August 2007. \>> [https://satoshi.nakamotoinstitute.org/emails/cryptography/15/](https://satoshi.nakamotoinstitute.org/emails/cryptography/15/) (Nov 2008 minus 1.5 years (approx) is Early Fall 2007. Best we got. But let's use this as a benchmark. In Irony perhaps, but still it is well documented that he was in Temple City, CA for that period of time. Basically Southern California area. In any case, there are plenty of locations in and around LA that are like this (and I'm not saying that THIS is the place, but LIKE this: [https://www.westcoastneurology.com/doctor-feed/lynsey-lakin-fnp-c-mscs-ca2kh-bwp7r](https://www.westcoastneurology.com/doctor-feed/lynsey-lakin-fnp-c-mscs-ca2kh-bwp7r) in short, Doctors doing tests and so on. In California, you'll end up with a waiting room full of folks and ya'll wait for your name to be called. My guess is, Hal Finney is the type to even bring a laptop to this while waiting. Lord knows I have. Brief statement: EGold was gonna die (everyone knew it) in 2007. All I'm gonna say on that and I'll stand by it. THIS is the speculation part: Hal Finney was a person of some means and so he could afford decent care and tests. If I had to guess - this is the speculation part, while waiting at a rare disease office and perhaps reading up on EGold or something along those lines, next to someone that is more progressed on ALS (Satoshi disappeared ... first...). And remember, ANNOUNCING your diagnosis is on the patient side. Doctors don't announce shit in the US. Hal could have been starting to come down with ALS in 2006 for all we know. Details on the exact progression of his disease is scarce and I, for one, am NOT going to actively hunt for that. But the point remains, there's one more clue: test transactions to and from wallets with Satoshi and Hal were documented. There's enough here to state that Hal knew Satoshi and, I strongly suspect, to have met him. There's also a strong possibility that Satoshi didn't have anyone in his life because none of his Bitcoins have moved. And any movements in the early days could be considered test or just one off transactions. The only correlation that I'm adding to the initial timeline is the possibility of a rare disease. 1. Hal had one. 2. The start time of it is extremely close to the origin of Satoshi 3. Satoshi's ARC (beginning to finite end) matches a disease progression to some degree. 4. EGold ended, then Bitcoin began. For Hal to be talking about EGold, RPOW, Digital Cash and more to someone that has another rare disease and is versed in programming and is also skilled is not an impossible leap.

benditbackwards

 [Dunning-Kruger](https://www.google.com/search?sca_esv=bc0aa39c15f4c826&rlz=1C1CHWL_enCA988CA988&sxsrf=AE3TifMMViMdzb9BgH1ovZW4VKKOfMT4LA%3A1761867943617&q=Dunning-Kruger&sa=X&ved=2ahUKEwiVr67Hjc2QAxUDGtAFHY2gAuUQxccNegQILhAB&mstk=AUtExfDVZHRfNQDY9N0QqIeVY9HWVCsL3hnSr-kojcgGh1bw152RKBMnVgYDQ7ejqK1C9ufbKNDoULANXoZfsPUN5EYZxGOCHyVZyts2Cx1uAFvSbONFmiCuRsmWl5oDCMBFiCkCJ5IbYk7Amwcm739x8Ee3jRgPlp6mu3fS_jCtsrmruiymsWuOwK6pWoYp1eNEQRgl4TgHJ_y3K53JUtJ6qLhrYbHxDWysrNMWKhL-oDYnmNrKKQSekQi8dnSagunZppXyBIfBr6USlN_VxZP7uA1M&csui=3) effect on full display right here!

siasl_kopika

>House fires are way more common than wrench attacks; roughly 350,000 homes catch fire each year, so to me a fire is a bigger risk than some stranger with pliers. Depending on the heat you’ll face, titanium is the smarter metal choice. The problem with house fires is that you often lose access to the house. In the recent fires in hawaii/LA, the feds closed off access to the entire neighborhood for months, and didnt let people access their burnt homes whatsoever. They did allow various workers and agents comb through the houses, however, and who knows if thieves snuck to loot at night. And they condemned and bulldozed many houses. That means if you are counting on recovering a key from a fire, you may never get it. It could be buried under the earth on a plot of land you no longer own. Any while you are denied access, many people who were combing through burnt down houses for gold and silver, they would have found titanium seed backups too. Metal lumps are precisely the kind of thing they look for. And due to US law "profit sharing", feds are generally allowed to keep any loot they find, so its not even illegal for them to confiscate any found bitcoin. In summary, I think its preferable to to have the key not be left behind. At least paper will burn away and not be left behind as treasure. If you are doing slip39 "rathole" security, leave some paper copies at relatives houses or other locations like that. For example, a laminated piece of paper buried in a PVC tube buried in a forest will never be found. But a lump of metal buried in a forest may well be. People are very good at finding metal. And surviving fires is a downside, not an upside. >I don’t trust my brain to hold 24 words either, that would be daily anxiety, You take it for granted you wont forget your name, your profession or job, etc, even if you get a concussion. You can store your bitcoin words in that same type of memory, the kind you cannot forget so long as you are alive. Thats what mnemonics are good for. Mnemonics are the one and only way a human can keep entropy. Anyone human do it, anyone who can function as an adult human with an identity. Without using memorization, there is no private way for a human to truly authenticate themselves or store entropy. Without mnemonics, a human has to rely on physical objects like keys or notepads, etc. Those artifacts can be lost, destroyed, and stolen easily, so they are not nearly as strong as mnemonics. The only defense objects have is being hidden. So you want something small and lightweight, and one that does not particularly show up well on xrays or metal detectors. Its also ideal that any event which would cause you to lose access to the object, just as a fire, would helpfully destroy it as well, so it wont be left behind to be found. For those reasons, it seems obvious to me that paper is better than metal. \> you could magnetize it under a watch, Airports often xray things, and words like this would be stored in an image in a low security environment forever, where anyone with access could read them. I highly recommend against bringing metal though an airport. Airports are generally allowed to confiscate any money, jewelry, cash or other valuables they find, so this would be a huge gift to whichever agent is the first to find it. Airports are the perfect case for mmemonics. In fact, mnemonics are the only option really. For people who refuse to use menmonics (i say refuse because they can do it if they want to, but choose not to) their entire security is based on holding some physical object. And airports are a place that specialize in taking physical objects away from people. Anytime you bring valuables through an airport, you are gambling. You can bring less than 3000 USD through an airport with little risk, but over that they are legally allowed to just confiscate it, even if it is declared.

harvested

Let me know your thoughts on these https://youtu.be/Z6qzEYxBYcQ https://youtu.be/19LA7ReARCQ https://youtu.be/YroOIC8eDrk

azgoon416

Do you know how many btc to cash exchangers there are in LA? It’s insane lol. 1-3% fee.

harvested

Where have you started? You able to order s copy of Broken Money (written or audio)? There's lots of good stuff on YouTube. Let me know what you think of these https://youtu.be/Z6qzEYxBYcQ https://youtu.be/19LA7ReARCQ https://youtu.be/YroOIC8eDrk

Accomplished_Sea9064

How did you not notice this happening during the Biden Admin? I live in LA and over the last administration has been the steepest cost of living increase I’ve ever experienced. You could watch it happen was so fast.

Disastrous_Friend_85

Rider JR, Wilson KM, Sinnott JA, Kelly RS, Mucci LA, Giovannucci EL. Ejaculation Frequency and Risk of Prostate Cancer: Updated Results with an Additional Decade of Follow-up. Eur Urol. 2016;70(6):974-982. doi:10.1016/j.eururo.2016.03.027

7101334

I'm not dying on any hill, at least not yet lol. People need to come to terms with the empire in which we live before we can make meaningful changes. Look at the LA Riots - they burned the whole city and still got nothing out of it because they were duped into believing reform of a fundamentally exploitative system was possible. And that's not even mentioning the reality that [capitalism inherently depends on destroying the planet on which we all depend](https://grist.org/business-technology/none-of-the-worlds-top-industries-would-be-profitable-if-they-paid-for-the-natural-capital-they-use/) and literally could not function, at least as we know it, without doing so. I think America is imploding and will continue to. I think all we can do is get to know our neighbors, organize with those around us, protect our loved ones, and hope we all make it through to the other side. I don't see a way out of this current trajectory. It's too corrupt to course correct; the people interested in course-correcting have no meaningful power to enact their will through government.