87 lines
5.2 KiB
Markdown
87 lines
5.2 KiB
Markdown
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# Operation Saylor - Episode 12/120
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Hi again and welcome to another episode of the Operation Saylor. This is update number 12, corresponding to June 2023.
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If you are reading this for first time, you might want to check [Episode 1](https://stacker.news/items/47539),
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where my plan and details are explained. That will get you in context.
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---
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## Stats
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- BTC stack: 1.4179 BTC
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- € stack: 371.80 €
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- Current total value in €: 39,080.96 €
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- € into BTC: 30,000 €
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- Paid back to bank: 4028.20 €
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- Outstanding debt: 39,916.13 €
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- Installments to go: 109
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## Charts
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[](https://postimg.cc/sGZw1tVj)
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[](https://postimg.cc/9RkLmWHg)
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---
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## Log
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We are getting close to the one year anniversary of Operation Saylor but we are not quite there yet.
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June has been a regular month with not much going on. I had to sell a few sats for a second time in order to
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get some euros to pay the loan installment. It always hurts to bleed part of the stack, even if it's a small part.
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It helps me to think as if I didn't really own this bitcoin yet, and only once Operation Saylor finishes I should call
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whatever is left _mine_.
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For the rest, I've been having a blast reading Saifedean's Principles of Economics. I still haven't finished, but I
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don't think that will take long since I'm chewing through the book like a kid with an ice cream. The clarity of the
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explanations is on a different level, and I feel that finally somebody is tying all the important economics
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concepts together in a simple to understand yet rigorous way. It makes me want to buy a book-firing gattling gun
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and just go around giving a copy to everyone, because it hurts to see so many people not understanding the economic
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reality that surrounds them.
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I have studied economics for many years, on and off. I have gone full circle from the kid's intuition to swallowing the
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Keynesian models to discovering Austrian economics (largely, thanks to Bitcoin). And I would guess my story probably
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looks like many of yours: Keynesian models never made a lot of sense to me. I studied all of this complex equations and
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mathematical models that made no sense, and economics became for me this thing that looked different on the whiteboard
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than in the real world. Other students and I would joke about how economic models made all the sense, yet they would
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completely breakdown on any contact or comparison with reality.
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After I fell down the rabbit hole, I started to read some classic works by Hayek, Mises and Menger. I have also
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consumed all sorts of Austrian economics content online, as well as the other two books by Saifedean. It has been very
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exciting to learn, but I also felt like the different bits of knowledge weren't well organized in my mind. I would be
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able to discuss many topics, but if you have placed a 16 years old kid who knew nothing about economics in front of me
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and told me: "Teach this kid economics from scratch. Go.", I would have probably just puked a random string of
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isolated ideas that wouldn't have made a lot of sense to the poor boy.
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Saif's book makes such an incredible work at explaining this properly. Every chapter just makes sense. It builds up
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so nicely. It's like after so many years, the rubik's cube of economics in my brain is finally getting all the
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sides with a single color. It feels magic.
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It's also funny because it has given me such clarity that now I spot stupidity everywhere from people's comments on
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economics. Or perhaps it would be better to say I was already spotting those before, but this new clarity allows me
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to build comebacks and counterarguments at the speed of light, as well as to pinpoint exactly where are the flaws
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in their arguments. It certainly makes me wanna pick fights with all the politicized idiots with zero knowledge
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who make bold and wrong statements to justify their absurd policy proposals. But I'll restrain myself because, what
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is the point of trying to educate someone who doesn't want to learn?
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I'll leave it here for this month. As always, thanks for reading. I'll see you next month with a small surprise to
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celebrate the anniversary of Operation Saylor.
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---
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## Previous episodes
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- Episode 1: [https://stacker.news/items/47539](https://stacker.news/items/47539)
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- Episode 2: [https://stacker.news/items/61708](https://stacker.news/items/61708)
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- Episode 3: [https://stacker.news/items/71794](https://stacker.news/items/71794)
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- Episode 4: [https://stacker.news/items/83670](https://stacker.news/items/83670)
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- Episode 5: [https://stacker.news/items/98216](https://stacker.news/items/98216)
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- Episode 6: [https://stacker.news/items/111818](https://stacker.news/items/111818)
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- Episode 7: [https://stacker.news/items/124601](https://stacker.news/items/124601)
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- Episode 8: [https://stacker.news/items/140816](https://stacker.news/items/140816)
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- Episode 9: [https://stacker.news/items/154229](https://stacker.news/items/154229)
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- Episode 10: [https://stacker.news/items/168432](https://stacker.news/items/168432)
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- Episode 11: [https://stacker.news/items/181336](https://stacker.news/items/181336)
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