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👋Hello friends,

Welcome to The Strive Journal, a roundup of 1 - 5 cool things I found and learned this week.

This week, I wrote an article on 5 Reasons Why It's Irresponsible Not To Own Bitcoin and why it should make up a small piece of your portfolio (more on bullet #2). I know I sent you an entire newsletter devoted to this a few weeks ago, I wrote this article around that time but wasn't ready to publish it however I still wanted to share its insights in a newsletter. Now you just have an additional article that's more thought-out. You'll see some similar points to the newsletter but a few new ones also.

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Let's begin.

1) Two useful terms

🚂 In physics there are two terms I recently discovered that are helpful when considering how we spend time.

Exergonic: A system that constantly needs to add energy to keep the processes going.

Endergonic: Once triggered, the system continues by itself and even (in some cases) gains energy.

Awareness of these definitions offers a great insight in uncovering activities you're passionate about.

What work or practice gives you energy? What drains your energy?

Stick to endergonic activities.

2) Five layers of money

Layer 1: Gold.
Layer 2: Paper money and IOU notes (tied to gold).
Layer 3: Fiat money (paper money not tied to gold).
Layer 4: Digital money (that represents fiat money). Think credit & debit cards.

Layer 5: Cryptocurrency (digital money not tied to fiat)?

💰 It's easy to see fiat currency as unchanging but they do; just like everything else. Hundreds of currencies have come and gone historically. Individual European countries all held their own before the Euro in 1999 (French Franc, Italian Lira, German Mark).

Also historically and continuously, those closest to the new money supply see the biggest rewards (Ie. banks, investors, governments)

A new money revolution is taking place, it might not mean the extinction of the old money but wouldn't you say it's worthwhile to have a small hedge of new money?

This is the argument in my new article 5 Reasons Why It's Irresponsible Not To Own Bitcoin.

Share it with the financial head of your household and keep an open mind. New ideas are commonly laughed at before they change the world.

3) Growth rings vs. fingerprints

🌲 The similarities between tree growth rings (right) and fingerprints (left) are both curious and marvelous.

"Nature uses only the longest threads to weave her patterns so that each small piece of her fabric reveals the organization of the entire tapestry."
- Richard Feynman