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The Sat Standard - March 6th, 2021

The Sat Standard - March 6th, 2021

Mar 6, 2021
The Sat Standard

The Sat Standard - March 6th, 2021

Thought of the week from Marty Bent:
The horse was the best and most efficient mode of transportation for thousands of years before the car showed up and obsoleted it as a vehicle in short order. Bitcoin  is going to quickly obsolete gold as a store of value the same way the car obsoleted the horse. Prepare accordingly.

Thought of the week from Matt Odell:
Limited edition sneakers, apparel, and art often command large premiums over more common equivalents due to perceived scarcity. This is a symptom of broken money which encourages individuals to either speculate on manufactured scarcity or watch their money lose value everyday. Expect these premiums to decrease as individuals realize they have access to a truly scarce asset that should increase in purchasing power indefinitely.


via skew


Rabbit Hole Recap - Thursday

Citadel Dispatch - Tuesday

Nick Hansen

  • Raising money in 2020
  • Building as the price of bitcoin crashed
  • Hashrate derivative tokens
  • Why a miner would sell hash
  • Why a retail investor would buy a hash rate token
  • Why isn't hash rate keeping up with price
  • Mining off grid

Wringing of the Rag


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