Gyroscopic Investing

Dieter wrote: ↑Thu Feb 05, 2026 7:58 pm …
A good day to be in LTT

(which I'm not)

Xan wrote: ↑Fri Feb 06, 2026 11:19 am Modern headrests have greatly reduced whiplash in car accidents.

EXCEPT for some reason GM vehicles (at least Suburbans/Tahoes) don't have them in their middle seats. Middle rear: no headrest. Middle middle: no headrest. I recently saw a Suburban with a front-row bench seat. Middle front: no headrest. Almost bought one before I noticed this. (Also the console was a dome for apparently no reason so you could never put anything on it ever.)

Ford Expedition (including Max) has headrests on every seat.

Oh and another thing: GMs always turn on their backup lights for non-backup reasons. Absolutely terrible.

Smith1776 wrote: ↑Fri Feb 06, 2026 2:44 pm Yikes, I'm really glad you're okay mathjak. And the missus for that matter.

Seeing the dashcam footage would indeed be interesting.

mathjak107 wrote: ↑Fri Feb 06, 2026 3:36 pm interesting as i see it playing on the post in the forum.

let me try a different way

https://photos.smugmug.com/FAMILY/n-cK5 ... 8-1280.mp4

yankees60 wrote: ↑Sat Feb 07, 2026 11:16 am Bitcoin's Price Plunges Below $64,000. Welcome to 2026's 'Crypto Winter'

https://www.investopedia.com/bitcoin-s- ... erm=midday

mathjak107 wrote: ↑Sat Feb 07, 2026 5:11 pm yep the lexus did a great job protecting us .

air bags sandwiched us in and i really like the idea of the knee airbag .

i had jumped out of the car fast , just in case the other guy tried to run .

but my wife couldn’t get out because the way the car was hit my side elongated and her size contracted so the fire department had to get her out . they used this small, spreader to open the door .

what was crazy was automatically the car dialed an operator . so my wife is in the car and the voice goes , do you need help?

she couldn’t breath well because her chest got hit hard so she goes yes .

the operator goes what do you need ? she goes i don’t know send everybody.

in the mean time i am with the other driver and i called 911 …. i didn’t know the car auto dialed so i am still on reporting it and i see two fire trucks and police cars coming .

that was amazing response for new york city .

the police saw the video and deemed him 100% at fault .

they told my wife and i to go to the hospital and they would get all the information for us and arrange to tow the car .

our insurance company settled in a week it was so cut and dry with the video .

https://photos.smugmug.com/FAMILY/n-cK5 ... 159-XL.jpg

Jack Jones wrote: ↑Mon Sep 09, 2024 2:34 pm

Jack Jones wrote: ↑Wed Apr 03, 2024 3:10 pm

ArthurPooh wrote: ↑Sat Mar 30, 2024 4:52 am Thus, a Bitcoin Standard, just like gold standard, would be actually a Bitcoin Certificate Standard, or a Claims on Bitcoin Standard (perhaps it didn't fit on the book's cover), but even more so. In practice, almost all bitcoin would be held in a few secure facilities that would be either controlled or easily pressured by authorities (and I hope they don't get hacked. Physical currency has an inherent limit on theft risk, because you can only carry so much of it). Most transactions would happen off-chain. Moreover, since hardly anyone would actually want to take a physical delivery of bitcoin (it would be extremely risky and expensive even gov-to-gov), there would be a much wider leeway to inflate the number of claims on it.

So we would back on fiat in no time, just with few more stupid, unnecessary steps. And apparently even impoverished Zimbabweans can understand this argument in their bones, even if their cannot articulate it in as many words as I have. And perhaps I could just have said "no one will store their savings in something they can see or touch, that requires a PhD in network security to use, and that will go poof if you make a single mistake".

Does the Bitcoin Standard book address this argument at all?

Unfortunately, I think this is accurate for Bitcoin as it exists today. 8 billion people won't be able to self-custody their Bitcoin. However, that doesn't mean that everything will collapse to a few secure facilities. For example, there could be a million layer 2 banks, each serving around 8000 customers.

You're right, most people don't have the skills to secure a wallet themselves. Banks will still exist to serve people, and bank to bank transactions will be made in Bitcoin.

This may seem like a fiat system, but the difference is that it is fair. No one has the exclusive right to print money, thereby enslaving the rest.

It's back to the gold standard but w/ ease of delivery this time.

You have a strong understanding an interest of Bitcoin, you should just buy the Bitcoin Standard book. It has a lot of interesting tales about moneys gone by. Also, while you're at it, I'll also plug the short book, The Natural Order of Money. In it, he argues that we need to get back to a gold standard because it ties the service economy to the real economy (food, fuel, and minerals).

I would also recommend Hijacking Bitcoin to anyone investing in Bitcoin.

Jack Jones wrote: ↑Tue Feb 17, 2026 9:19 amLooks like more evidence for the Hijacked thesis was released in the Epstein files.

https://brownstone.org/articles/the-hij ... f-bitcoin/

Xan wrote: ↑Tue Feb 17, 2026 11:07 am

Jack Jones wrote: ↑Tue Feb 17, 2026 9:19 amLooks like more evidence for the Hijacked thesis was released in the Epstein files.

https://brownstone.org/articles/the-hij ... f-bitcoin/

If I'm at a cocktail party and I say that Epstein is responsible for hijacking Bitcoin, I sound like an absolute lunatic.

Xan wrote: ↑Tue Feb 17, 2026 11:07 am

Jack Jones wrote: ↑Tue Feb 17, 2026 9:19 amLooks like more evidence for the Hijacked thesis was released in the Epstein files.

https://brownstone.org/articles/the-hij ... f-bitcoin/

If I'm at a cocktail party and I say that Epstein is responsible for hijacking Bitcoin, I sound like an absolute lunatic.

yankees60 wrote: ↑Sat Feb 07, 2026 11:46 am https://www.capitalspectator.com/is-bit ... -deciding/

Is Bitcoin Digital Gold or Fool’s Gold? The Market’s Still Deciding

                    Jan 2021 - Feb 2026
Asset   Initial Final   CAGR   Stdev  BestYear WorstYear
TQQQ    $10,000 $22,800 17.29% 57.37% 198.26%  -79.08%
Bitcoin $10,000 $23,101 17.59% 60.17% 155.42%  -64.27%