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Updating episode 4.

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evangelism/episodes/episode_3.md
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@ -13,11 +13,11 @@ plan and details are explained. That will get you in context.
- BTC stack: 0.6628 BTC
- € stack: 17,327.60 €
- Current total value in €: XXXXX €
- Current total value in €: 30,185.92 €
- € into BTC: 15,000 €
- Paid back to bank: 732.40 €
- Outstanding debt: 43,211.93 €
- Installments to go: 119
- Installments to go: 118
Charts
@ -32,8 +32,8 @@ This past month I read through Jeff Booth's ["The Price of Tomorrow"](https://b-
ok read. I must confess I was very hyped about it since Jeff's appeareances in different interviews and podcasts are
great, and everyone and their mother swear that the book is brilliant, but I was not that impressed. I felt the book
covered the idea that we are heading towards a tremendously deflationary era interestingly, but there were many other
contents which felt like dull, average-business-magazine level ideas, like the section on AI. I also felt a bit
disappointed because Jeff makes a great point on how deflation poses a societal challenge since our current
contents which felt like dull, average-business-magazine level ideas, like the section on AI. Furthermore, I also felt
a bit disappointed because Jeff makes a great point on how deflation poses a societal challenge since our current
distribution of wealth through salaried labour will break down and we don't have an alternative for that now, but he
didn't really discuss much what could be done about that.
@ -56,15 +56,13 @@ I decided to get my hands on another book that talked about it and ended up
reading "[What to Expect When No One's Expecting: America's Coming Demographic Disaster"](https://b-ok.xyz/book/11698299/0914ef)
. The book was rather naive, and the economics analysis was elementary-grade level (think of arguments such as "If the
population declines, labor will be scarce, prices will go up, everything will be unaffordable", as if demand wouldn't
decline as well). After reading the book, I was still left thinking that the only real trouble that I can
attribute to a population decline is the unsustainability of certain pension models. Maybe I found the wrong book, or
maybe I'm not crazy and there is really not so much to fuzz about. Perhaps some stacker can shed some light on the
topic and recommend some interesting resources?
decline as well). After reading the book, I was still left thinking that the only real trouble that I can attribute to
a population decline is the unsustainability of certain pension models. Maybe I found the wrong book, or maybe I'm not
crazy and there is really not so much to fuzz about. Perhaps some stacker can shed some light on the topic and
recommend some interesting resources?
That will be all for this month. Thanks for reading and see you in the next one.
---
## Previous episodes

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# Operation Saylor - Episode 4/120
Hi again and welcome to another episode of the Operation Saylor. This is update number 4, corresponding to October
2022.
If you are reading this for first time, you might want to check [Episode 1](https://stacker.news/items/47539), where my
plan and details are explained. That will get you in context.
---
## Stats
- BTC stack: 0.9128 BTC
- € stack: 11,991.4 €
- Current total value in €: XX,XXX.XX €
- € into BTC: 20,000 €
- Paid back to bank: 1098.60 €
- Outstanding debt: 42,845.73 €
- Installments to go: 117
Charts
- Value of stack vs Outstanding debt with the bank
---
## Log
A couple of weeks ago I watched the movie [The Big Short](https://www.imdb.com/title/tt1596363) again. It had been a
long time since I last watched it and I believe I appreciated it much more than the last time. The movie does a great
job of covering
the [unethical behaviour of the current financial oligopoly](https://www.youtube.com/watch?v=A25EUhZGBws), the
complicity of [regulators](https://youtu.be/KttoNAiuwRk?t=70)
and [rating agencies](https://www.youtube.com/watch?v=9xZx1lf2tvs),
the [ignorance of the common folks](https://www.youtube.com/watch?v=xZTFNizSNGs) and just how rigged the game
is. [The final scene with Mark Baum surrendering](https://www.youtube.com/watch?v=Bu2wNKlVRzE) is a great reminder of
how we will never change things from the inside, hence why we need to [opt-out](https://youtu.be/FyK4P7ZdOK8?t=801).
It's a great reminder of why we are here. Came for the greed, stayed for the freedom.
I also had the pleasure of watching the movie with a no-coiner who isn't particularly financially literate. We took it
slow and stopped the movie whenever it was necessary to better explain the ins and outs of what was going on. It was a
great way to do a bit of sparring in terms of describing the issues with the current financial system in simple ways.
Ideas such as how the ratings are bullshit, how banking licenses like ISDA keep us
outside [the big club](https://www.youtube.com/watch?v=cKUaqFzZLxU), how banks are filled with characters like Vennett
and Chau who don't give a flying fuck about anything but their bonuses. After the movie ended, the no-coiner, in total
shock and anger, asked me: "Why did no one explain this to us back then? Why am I finding out more than a decade after
that all of this happened?". The attitude was a great, fertile soil for orange pilling.
I knew the mission had been a success when the same person messaged me a few days later regarding the Bank of England's
intervention of the gilt market. Angry as hell once more, he asked: "This is the same stuff as in the movie right? The
bankers are getting the bailout and we will all pay for it?".
I encourage everyone to be grateful that now we have an option to opt-out and middlefinger the central bankers and
their cronies. Unlike when the Great Financial Crisis took place, this time you are not doomed to simply watch how you
get fucked in the ass. Will you simply watch again? Or will you step up and fight back?
---
## Previous episodes
- Episode 1: [https://stacker.news/items/47539](https://stacker.news/items/47539)
- Episode 2: [https://stacker.news/items/61708](https://stacker.news/items/61708)
- Episode 3: [https://stacker.news/items/71794](https://stacker.news/items/71794)

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as it is inflated and lent. The likelihood of speculative attacks casts doubt
on the monetary upgrade scenario discussed above. How long can fiat
survive if people can keep inflating its supply by borrowing it to buy harder
bitcoin? We have never seen a similar situation and it is hard to estimate how this will unfold.
bitcoin? We have never seen a similar situation and it is hard to estimate how this will unfold.
- Show the simulation notebook
- Compare the decentralized nature of marijuana production and consumption
- Talk about the V for Vendetta movie, perhaps Matrix as well?
- Present my crazy idea on tipping sats on students

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