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š It's Christmas early
PLUS: If you want to change the world...

GM everyone. This is 2036, the crypto newsletter that pays you.
Today is Favorite Friday, where we serve up the resources we most enjoyed this week š².
So if you're looking for content to dig into this weekend, this is your list...
š„¢ Our Favorite Resources
What we most enjoyed this week

This week, a big educator in the crypto space (The DeFi Edge) put out a banger thread with some lessons from losing and making a lot of money in crypto.
Itās 100% worth reading.
A lot of the lessons will resonate likeā¦
Projects with cults can be extremely profitable. Just get off the rocket ship before it inevitably crashes.
Taking profits and putting them into riskier bets isnāt taking profits - thatās just gambling. Lock your profits into BTC, ETH, stablecoins, and fiat.
⦠and a lot more.
If you enjoy 2036, youāll probably love the thread.
Hereās the thing - you donāt get extraordinary results by doing ordinary things.
Thatās one of the reasons we love crypto. Most people think itās batsh*t crazy.
But no other asset class compounds at 150-250% per year for 14 years.
And to go big, we need to learn to think big. You can study Elon Musk - thatās true.
But what if Elon Musk was from the Midwest?
And what if he drank whole milk with his meals?
Thatās Brett Adcock. Heās building multi-billion-dollar companies at the speed of light, and he thinks differently.
He was interviewed this week. And itās a great conversation worth watching.
Iāll admit I didnāt see this one coming.
Arthur Hayes is a camera-shy man. Or so I thought.
I hadnāt seen Arthur on video for months.
Now Iāve seen him twice in a week.
Itās like an early Christmas š
Granted - his interview on Impact Theory is long.
But if youāve got 3 hours to spare for a deep dive on the upcoming bull market - and what comes right after it - check it out.
Sam Bankman-Fried, the founder of now-defunct FTX, never ceases to haunt us.
This week:
his trial started (which you can follow here)
Michael Lewis (author of a bunch of famous books, including The Big Short, which got turned into a movie) published a book about him.
The book - Going Infinite - has gotten so much negative press that I had to get it.
In the process, I also added these two books to the shopping list:
⦠both of which have come recommended from multiple sides in a complex web of smart people.
[On a different note: I also bought a bunch of parenting books (1, 2) that might or might not be useful as my child isnāt due for another 3 weeks (and I guess we can only judge the effectiveness of the books in like⦠18 years), but if youāre short on time, I also enjoyed:
this song that remixed Navalās wisdom on being present. Itās similar to the entire albums dedicated to him (I made a playlist here for you)
this thread on parenting that might be useful to some of you]
š¦ A couple of Tweets we found interesting
The best of the bird

Cash and crypto.
Here's the investing advice I'd give my 25 year old self.
12 steps:
1) cut all non-discretionary spending so you can save and invest more.
2) get really good at something and get paid well so you have extra income to save and invest.
3) cut non-discretionary⦠twitter.com/i/web/status/1ā¦
ā RYAN SĪAN ADAMS - rsa.eth (@RyanSAdams)
3:51 PM ⢠Oct 3, 2023
Founders are the people most likely to change the world.
We should embrace free market capitalism, encourage ambition, and empower the people insane enough to try to build solutions from scratch to solve our problems.
ā Pomp šŖ (@APompliano)
12:03 PM ⢠Oct 3, 2023
Incredibly, ultra long-duration Treasury bonds have now lost more in % terms than stocks did during Great Financial Crisis.
The drawdown in extended duration Treasury ETF (š»58.3%) now exceeds PEAK-TO-TROUGH losses in S&P 500 during stock market crash of 2007 - 2009 (š»56.0%)
ā Jack Farley (@JackFarley96)
10:16 PM ⢠Oct 2, 2023
The debt spiral.
ā Balaji (@balajis)
3:53 PM ⢠Sep 30, 2023
Blockchains are digital governments.
They offer alternative systems for property rights, identity verification, and contract enforcement across borders.
And they allow communities to collectively opt out from the control of legacy states.
As such they are inherently political.
ā Balaji (@balajis)
1:18 PM ⢠Sep 30, 2023
š The winner of this weekās task
Earn $30 in BTC for opening a bitcoin wallet

Thank you to everyone who participated in this weekās task.
Congratulations to the winners š - your $30 in BTC are on their way.
Paid tasks will resume next week.
š¼ļø Crypto meme of the day
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