diff --git a/evangelism/episodes/episode_12.md b/evangelism/episodes/episode_12.md new file mode 100644 index 0000000..d9ec9ae --- /dev/null +++ b/evangelism/episodes/episode_12.md @@ -0,0 +1,86 @@ +# Operation Saylor - Episode 12/120 + +Hi again and welcome to another episode of the Operation Saylor. This is update number 12, corresponding to June 2023. + +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: 1.4179 BTC +- € stack: 371.80 € +- Current total value in €: 39,080.96 € +- € into BTC: 30,000 € +- Paid back to bank: 4028.20 € +- Outstanding debt: 39,916.13 € +- Installments to go: 109 + + +## Charts + +[![episode-12-stack-value-vs-debt.png](https://i.postimg.cc/MH943SNQ/episode-12-stack-value-vs-debt.png)](https://postimg.cc/sGZw1tVj) +[![episode-12-bitcoin-stack.png](https://i.postimg.cc/GtLVj27R/episode-12-bitcoin-stack.png)](https://postimg.cc/9RkLmWHg) + +--- + +## Log + +We are getting close to the one year anniversary of Operation Saylor but we are not quite there yet. + +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 +get some euros to pay the loan installment. It always hurts to bleed part of the stack, even if it's a small part. +It helps me to think as if I didn't really own this bitcoin yet, and only once Operation Saylor finishes I should call +whatever is left _mine_. + +For the rest, I've been having a blast reading Saifedean's Principles of Economics. I still haven't finished, but I +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 +explanations is on a different level, and I feel that finally somebody is tying all the important economics +concepts together in a simple to understand yet rigorous way. It makes me want to buy a book-firing gattling gun +and just go around giving a copy to everyone, because it hurts to see so many people not understanding the economic +reality that surrounds them. + +I have studied economics for many years, on and off. I have gone full circle from the kid's intuition to swallowing the +Keynesian models to discovering Austrian economics (largely, thanks to Bitcoin). And I would guess my story probably +looks like many of yours: Keynesian models never made a lot of sense to me. I studied all of this complex equations and +mathematical models that made no sense, and economics became for me this thing that looked different on the whiteboard +than in the real world. Other students and I would joke about how economic models made all the sense, yet they would +completely breakdown on any contact or comparison with reality. + +After I fell down the rabbit hole, I started to read some classic works by Hayek, Mises and Menger. I have also +consumed all sorts of Austrian economics content online, as well as the other two books by Saifedean. It has been very +exciting to learn, but I also felt like the different bits of knowledge weren't well organized in my mind. I would be +able to discuss many topics, but if you have placed a 16 years old kid who knew nothing about economics in front of me +and told me: "Teach this kid economics from scratch. Go.", I would have probably just puked a random string of +isolated ideas that wouldn't have made a lot of sense to the poor boy. + +Saif's book makes such an incredible work at explaining this properly. Every chapter just makes sense. It builds up +so nicely. It's like after so many years, the rubik's cube of economics in my brain is finally getting all the +sides with a single color. It feels magic. + +It's also funny because it has given me such clarity that now I spot stupidity everywhere from people's comments on +economics. Or perhaps it would be better to say I was already spotting those before, but this new clarity allows me +to build comebacks and counterarguments at the speed of light, as well as to pinpoint exactly where are the flaws +in their arguments. It certainly makes me wanna pick fights with all the politicized idiots with zero knowledge +who make bold and wrong statements to justify their absurd policy proposals. But I'll restrain myself because, what +is the point of trying to educate someone who doesn't want to learn? + +I'll leave it here for this month. As always, thanks for reading. I'll see you next month with a small surprise to +celebrate the anniversary of Operation Saylor. + +--- + +## 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) +- Episode 4: [https://stacker.news/items/83670](https://stacker.news/items/83670) +- Episode 5: [https://stacker.news/items/98216](https://stacker.news/items/98216) +- Episode 6: [https://stacker.news/items/111818](https://stacker.news/items/111818) +- Episode 7: [https://stacker.news/items/124601](https://stacker.news/items/124601) +- Episode 8: [https://stacker.news/items/140816](https://stacker.news/items/140816) +- Episode 9: [https://stacker.news/items/154229](https://stacker.news/items/154229) +- Episode 10: [https://stacker.news/items/168432](https://stacker.news/items/168432) +- Episode 11: [https://stacker.news/items/181336](https://stacker.news/items/181336) diff --git a/evangelism/images/episode_11_bitcoin_stack.png b/evangelism/images/episode_11_bitcoin_stack.png new file mode 100644 index 0000000..4111f92 Binary files /dev/null and b/evangelism/images/episode_11_bitcoin_stack.png differ diff --git a/evangelism/images/episode_12_bitcoin_stack.png b/evangelism/images/episode_12_bitcoin_stack.png index 4111f92..d6c7845 100644 Binary files a/evangelism/images/episode_12_bitcoin_stack.png and b/evangelism/images/episode_12_bitcoin_stack.png differ diff --git a/evangelism/images/episode_12_stack_value_vs_debt.png b/evangelism/images/episode_12_stack_value_vs_debt.png new file mode 100644 index 0000000..97b579b Binary files /dev/null and b/evangelism/images/episode_12_stack_value_vs_debt.png differ diff --git a/register.xlsx b/register.xlsx index eebd47a..18bae7d 100644 Binary files a/register.xlsx and b/register.xlsx differ