One Way Ratchet

Trent and Dan are back to break down the finale of White Lotus season 3. So much to get into as the guests wrap up an epic week in Thailand.Rick's back from Bangkok - now what?Tim's all out of Parker's magic pillsZion and Belinda counter GregGary's lowball offerGaitok chooses violencePiper chooses comfortAre the bitchy girls gone wild . . . actually nice?Ratliff family worst group chug ever And we finally learn who ends up floating in the pond All of this and so much more.

Episode 7 - Killer Instincts Trent is back! He and Dan break down the continued slow burn of Season 3. The ratchet continues to turn for all characters as they face the consequences of their actions. We get into: Rick finally confronts his nemesis - did it land?We need more continuing adventures of Rick and Frank, and we need them now Ratliff family continues to spiral out of controlTim dry-swallows more pills as he avoids the inevitable bombshellMook puts pressure on Gaitok to embrace violenceGregGary finally! makes a lowball offer - and we aren't just talking about the 3way with Saxon. Belinda: make counteroffer and take the damn money girlThe Girls Gone Wild all suck and we are over themPredictions for next week's grand finale All of this and so so much more

Dan flying solo today! Trent out cold with the flu so Dan solo reacap today. The show must go on. Today Dan breaks down the shocking episode 6 "Denials" where all characters face the morning-after hangover and the consequences of their actions. Holy f-ing crap.

Its a big full moon and things are getting wild. Wow. Trent and Dan are back to break down this fever dream of an episode. Belinda closes the deal - go girlPiper reveals her spiritual questVictoria is not pleasedGirls finally go wild - like really wildJaclyn steals Laurie’s dude despite Kate’s Russian cock blockSaxon and Lachlan enjoy a night of brotherly loveSaxon doesn't take drugs. Saxon is the drugRick’s trip to Bangkok takes a rather unexpected turn thanks to stunning Sam Rockwell cameo All of this and so much more!

Dan and Trent break down the incredible season 3 of The White Lotus.

Dan and Trent break down some of the big fan theories and speculation, including:Did the monkey do it?What's the deal, Victoria?Hitman Rick HatchetBad girl Mook?More Greg/Gary intrigueDeath WatchNote: this episode is really fun but super spoilery if you want to remain a White Lotus virgin like at least two of the Ratliff kids.

Trent and Dan break it all down:Dan's spicy hot take: the show is a growerTsunami coming for everyone - look outTim Ratliff's downward spiral acceleratesGoggins back to doing Goggins things! So sexyGirls Gone Wild continue to turn on one another - and never talk politics on vacationBelinda calls out Gary/GregLots and lots of snakes Chloe says what we've all been thinkingStand up straight Lochlan This and so much more.

Join Trent and Dan for this very speshy speshy episode of The White Lotus season 3. More creepiness from the Ratliff kids - ickParker Posey stealing every sceneHey we get a smile out of Goggins!Gaitok making moves and getting pistol-whippedBelinda getting her groove backGirls trip getting nasty (shocker)Walls closing in on Timothy And who the F is Gary?Come on in, the water is like perfect.

Today we officially launch the 3rd pillar of the expanding One Way Ratchet media empire: TV show recaps. BitcoinMusic TVAnd what better show to kick start the project than The White Lotus, season 3. Join Dan and Trent each week as we break down all the amazing characters, stunning locations and plot twists and turns. You don't want to miss it.

On today's show, Trent and Dan get into their favorite music in movies.Favorite soundtracksBest movie scoresFavorite music scenes in movies It's a great rip hope you enjoy.

Knives out today people. Trent and Dan get into music they really hate.Most disappointing recordMost overrated bandsTerrible songsRecords the critics are wrong aboutLet's get into it.

Dan and Greg get back in the saddle and catch up on recent events, surviving the holidays, politics and of course the many positive developments in Bitcoin. It's wildly bullish. It's the start of a new golden age people. And we are here for it.

Trent and Dan continue their Favorite Music series with a rapid fire Q & A.Favorite Grateful Dead studio albumFavorite reggaeMost underrated Beatles/StonesFavorite hip-hop recordGuilty pleasure recordFavorite countryFavorite girl power recordTop dinner party musicFavorite record of last 10 years

Back from the holidays, Dan and Trent reflect back on 2024, the most important year in Bitcoin history.Between the ETF launch in January and the election in November, 2024 will go down as the year Bitcoin transitioned to mainstream adoption. The end of the beginning. Trent and Dan break it all down, plus our goals for the new year.Here is to making 2025 the best year ever.

Trent and Dan continue their favorite music series, today focusing on our obsessions. Most-obsessed record of our livesFavorite 1-2-3 records from any band Some bands we get into today:Led ZeppelinBeastie BoysPeral JamLCD Soundsystem

Today Dan and Greg continue the discussion on classic Bitcoin mistakes, with one central message: do not F this up.We have the greatest opportunity in history in Bitcoin right in front of us. Wealth and self-sovereignty and freedom. All you have to do is stack and hold. Yet time and again, people make the same mistakes and end up with less Bitcoin than they should.Lets reduce those mistakes. Over time, eliminate them. Today we get into some of the biggest mistakes people make every single cycle:Buying and trading shitcoins. Using too much leverageTrying to time the marketBuying too much at the topHey genius, you are not smarter than the market. You have no inside information. But what you do have is the advantage of being in the first 1% of the world to understand Bitcoin - and that is more than enough. Just focus on what matters you will be much happier (and wealthier).Not financial advice, just two friends talking Bitcoin and life.

As the price of Bitcoin skyrockets, Trent and Dan start a new series about our favorite music. A deep dive series into the music that has shaped us throughout our lives.Today we get into the background of this series and the soundtrack of our lives. Also the first records we ever bought. Enjoy!

Dan and Greg break down Thanksgiving and how to navigate the inevitable questions and critiques of Bitcoin. In the end, Bitcoin is for anybody. But its not for everybody. We can't save everybody. Greg also introduces the Heisman Theory of Bitcoin adoption and frankly its brilliant.We get into that and more - enjoy!

Today, Trant and Dan continue their deep dive into the number of classic mistakes people make in Bitcoin. Quick update on recent events and travels. The kids are alright.Recent Bitcoin action and cabinet appointments.Recap of mistake from 1st episode: thinking of Bitcoin as a trade. We forgot to include an essential piece of Bitcoin wisdom:More mistakes:4. Thinking on dollar terms, as opposed to thinking in Bitcoin terms.5. Thinking Bitcoin has no use cases.6. Don't FOMO in at the top of cycles. This one is tough to learn because most people will come into Bitcoin during bull runs with all the hype and attention around Bitcoin and not realize they might be near the top. This is very common and all Bitcoiners went through it at some level, it becomes your tour of duty and you become must smarter and a better stacker going forward.In the end, we continue to advocate for long view, slow and steady Bitcoin accumulation. Don't shoot yourself in the foot with these mistakes. Not financial advice, do what is right for you.

Today's show is a bit of a therapy session as Dan and Greg get into their feelings. We explore the emotional rollercoaster of Bitcoin's volatility and how to navigate the inevitable pangs of FOMO and regret. Bitcoin tests you. It forces you to confront your own emotions and convictions, not just during bear markets but even more acutely during bull runs. New all time highs and feeling like you haven't stacked enoughSerious FOMO over MSTRGetting back to North Star of steady Bitcoin accumulation Don't let the perfect be the enemy of the best investment of your lifeIn the end, be grateful for this opportunity to be alive at this moment of history at the very beginning of Bitcoin's global adoptionStay focused on Bitcoin. Keep stacking. Learn about self-custody. We are going to make it.

Getting back to Bitcoin basics, on today's show Trent and Dan get into a very important aspect of every's Bitcoin journey, which is mistakes. We all make them. Every Bitcoiner who has ever existed has made a number of dumb mistakes over the years, all of which lead you to having less Bitcoin that you otherwise would.Especially if you are new to Bitcoin, learning about these mistakes - and how to avoid them - will be invaluable in helping you smartly grow your Bitcoin stack over time. This will be an ongoing conversation over multiple episodes as there are a near endless amount of common mistakes all people make. Today we start with 3 of the most fundamental ones:Not taking the time to understand Bitcoin. This is the keystone mistake and in many ways all other mistakes fall downstream of this one. Its crucially important, so take the time to study and really understand Bitcoin and what makes it so unique. The more time you spend with Bitcoin the more likely you are to make smarter decisions going forward. Put in the effort, its worth it. You will spend 40,000 to 50,000 hours of your life working for money, don't you think its worth it to spend 100 hours to learn about how money works?Sitting on sidelines. So many people have little or no allocation to Bitcoin. Trillions upon trillions of dollars sitting on sidelines. Its natural for people to have hesitation or to hope for a big dip and a lower entry price. All very natural and understandable. But Bitcoin has an uncanny way of going up so fast and people remain on the sidelines. Don't be one of those people. Get in the game. Learn about dollar cost averaging, which is one of the solutions to this problem. And of course refer to #1 above and continue to learn about Bitcoin, it will make it easier to allocate smartly over time.Thinking Bitcoin is a trade. One of the most common misconceptions about Bitcoin is that it is a trade to make more dollars. In reality its the opposite: dollars continue to go down in value (as governments continue to make more and more), while Bitcoin goes up in value over time. If anything, dollars are the short term trade to acquire the best store of value in the world in Bitcoin. Bitcoin is not a trade. It is not investing. It is saving part of your work and your value in the world into the hardest asset in world history with a fixed supply at the very beginning of its global adoption. And any time you sell your Bitcoin for dollars, you have to understand the price of Bitcoin will be much, much higher in the future. Not financial advice, just two friends talking. Everyone needs to do what's right for them.

In today's episode Dan and Greg reflect on the election, the first US election for the podcast and in many ways the first Bitcoin election. There were some clear winners and losers. One winner is quite clearly Bitcoin. A big loser is the media and its role in manipulating narratives to drive an agenda has never been more obvious. The media, like the Fiat system in general, is the definition of trusted third parties with their own agendas, their only real incentives are driving outrage to produce more engagement.Thinking like Bitcoiner helps you cut through the endless noise and see the real signal, whichever side of the political you are on. In the end, we cannot state this enough: elections come and go, but Bitcoin is forever.

OK, the elections are over. I know a lot of people are elated, a ton of people are in a state of shock and sadness and many other just happy for it to be over. However you feel about it is completely valid. Election results are never easy and this one in particular has been particularly polarizing. The one thing I know for sure is we will move on and we will be OK.In regards to Bitcoin, the election is incredibly positive. Today I break down some of the ways the election will impact Bitcoin policy, adoption and price moving forward. Not just the presidency, but throughout the administration and Congress, we will have a pro-Bitcoin government for the very first time.The future for Bitcoin is very, very bright.

In today's show, Trent and Dan put our relentlessly positive spin on the US election.Spoiler alert: its going to be OK. The United States, like Bitcoin, is anti-fragile and has faced much, much worse over the years. Bitcoin teaches you to always zoom out and take the long view. Don't get distracted by the day to day volatility, over the long run it doesn't matter.In particular, Bitcoin is going to be just fine no matter who wins. Bitcoin doesn't know nor care who the president is. There have been 3 US presidential elections in Bitcoin's history, here is the Bitcoin price at each one:2012: Obama (Dem) BTC: $122016: Trump (Rep) BTC: $7202020: Biden (Dem) BTC: $14,9002024: ??? BTC: $68,000Elections come and go, life will go on. Focus on what what really matters.

Dan and Greg look at the current Bitcoin halving cycle. Where we areComparison to the previous cyclesWill they repeat? Learning from cycle mistakesMore than anything, the cycles teach you to take the long view. Lower your time preference. Learn from your mistakes.Your first cycle is your education. Its your bootcamp. You will come out the other side so much stronger and smarter about stacking the best asset in world history. Not financial advice, just two friends talking Bitcoin. Enjoy!

In Part 3, Trent and Dan go even deeper on great ways to stack, including easy ways to stack in the background without ever thinking about it.1. First, set up your simple DCA. There are lots of places to buy Bitcoin, we prefer Bitcoin-only services including:RiverSwan BitcoinThe Fold Card2. Start simple and continue to learn about Bitcoin. There is no substitute for time in the market, you will learn and get a lot smarter over time.3. Consider earning Bitcoin on your cash savings at River. This is a game-changing new product where you earn Bitcoin interest in your FDIC-insured bank account.4. Look into the Fold Card and earn free Bitcoin on your everyday purchases. This could be the biggest no-brainer in all of Bitcoin, you use your Fold Card on everyday purchases and earn free Bitcoin every day. Fold has a number of other options like round-ups and recurring buys. 5. Finally, make it a game. Reduce stupid expenses on unnecessary crap. Put some of that into Bitcoin. Reward yourself instead of wasting money. Its incredibly healthy and rewarding.Nobody in world history has wished they has less Bitcoin. Not financial advice just random musings of some middle-aged guys.

Dan and Trent continue their discussion of smart stacking strategies, this time applying to 2 incredibly important metrics:Bitcoin 200 Week Moving Average Market Value to Realized ValueYou will never be able to perfectly time tops and bottoms. Nobody can. But by studying Bitcoin and applying metrics like these 2 above, you can get much, much better at knowing when to DCA into Bitcoin and when to DCA into cash and wait for better times to buy. Not financial advice, just ways to think about Bitcoin accumulation.

In today's show, Trent and Dan get into one of the most important ideas in Bitcoin: dollar cost averaging (DCA). How to effectively grow your Bitcoin stack over time. We get into simple and more advanced strategies and issues around them.DCA is the way.

Well as if this year couldn't get more bananas, we have the US presidential election entering its final phase. Dan and Greg break it all down on part 4 of their Holy F*ing Crap series:Recent price action and current sentiment in the Bitcoin marketWhat impact will the US presidential election have on Bitcoin? Will it even matter long term?Recent election news and insights Where do we go from hereIf politics isn't your thing you may want to sit this one out. If you can handle it, buckle up.

Finally, the band back together - for the first time! A three-way pod exactly a year in the making. Dan, Greg and Trent celebrate one year of One Way Ratchet.What have we learnedLife lessons of doing a podcastWhat has worked, where can we improveWhere do we go from here looking ahead to year two and beyondYou don't want to miss this one.

In today's episode Dan and Trent get into the ups and downs of living a digital nomad life. Fittingly we recorded this episode from the back of an Uber so please excuse any audio issues. Focus on what is most important: Time with the people you loveMeaningful experiencesBitcoin

Dan and Greg sit down with Matty and launch a new series: Why Bitcoin? A fresh look at Bitcoin from a newcomer's perspective.Part 1: Getting Off ZeroWhy does everyone need Bitcoin? In Part 1, we get into the fundamental first step of getting off zero. How to think about Bitcoin. What is it? What problems does it solve? How do I even think about it? We will go through the entire Bitcoin journey with Matty, get him off zero and explore all the related issues in future episodes. Enjoy this journey down the rabbit hole with us.

Dan and Greg break down the 5 things you need to know about Bitcoin and the world for the week of Sept 25, 2024. We get into:BTC: The SEC finally approved options trading for the BlackRock Bitcoin ETF. This is a watershed change that will bring waves of capital into the Bitcoin space.BTC: The SEC also approved Wall Street bluechip bank BNY Mellon to custody Bitcoin. This is a major step in institutional adoption.Only Tradeoffs: We discuss various stores of value and the process of actually selling them and how Bitcoin is such a radical improvement.Clown World: Money printer go brrrrrrrr in China!On Radar: Two great book recommendations:Lords of FinanceThe Prize

Trent is back in the saddle for a Music episode!We go deep on a recent experience that blew my socks off: seeing Pearl Jam at Fenway Park. We break it all down and of course tie it to the big themes of life and, of course, Bitcoin. And go listen to Pearl Jam's new record Dark Matter immediately if not sooner. Instant classic. Live outside of your comfort zone people, that is where life is. Enjoy!

Dan and Greg break down the 5 things you need to know about Bitcoin and the world for the week of Sept 19, 2024.Today we get into:Bitcoin 4-year cycles and the impact of electionsBullish report just published by BlackRock, another example of how early we areFed cuts rates by 0.5%. Right on cue. Probably bad for economy but great for BitcoinExploding pagers and the very real supply chain riskThe bananas year continuesEnjoy!

Trent is back after summer hiatus. He and Dan go deep into the great issues of our day: life and death. And Bitcoin of course. Also some Warren Buffet, Bitcoin price action, poetry and middle age terror. Enjoy!

Dan and Greg welcome Matty to the stage. The 3 amigos break down the latest:Free speech under attack globallyTelegram founder arrested in France, faces 20 years in jailUS Election UpdatesReinventing KamalaTrump building a teamWhat it all means for BitcoinCensorship at Facebook

Dan and Greg break down the 5 things you should know for week of Aug 19, 2024Bitcoin: ETFs reach major milestone. Another example that adoption is a one way ratchet.Bitcoin: Review of 4-years returns. Turns out all you have to do is buy and hold.Only Tradeoffs: Tipping insanity another indicator our money is broken.Clown World: Actual word police in the UK. Orwell must be rolling over in his grave.On Radar: Will Harris announce her Bitcoin/crypto policy at the DNC next week?

The hits just keep on coming. Dan and Greg break down the latest in this truly bananas year:Global financial meltdownBrink of WWIII?More on this insane presidential election (prepare to be triggered)Enjoy!

Trent is back in the saddle after over a month off.Dan and Trent catch up on recent events in Bitcoin and the world. The mainstreaming of Bitcoin continues.

Dan and Greg break down the 5 things you need to know this week:BTC: Update from the Bitcoin ConferenceTrump headline speakerCalls for US national Bitcoin reserve Maturation of Bitcoin as an asset acceleratingBTC: Introduction of Bitcoin-backed loansMassive upgrade to current lendingWill dramatically increase institutional demandOnly Tradeoffs: as Bitcoin matures, large entities will acquire a ton of Bitcoin. Its already happening. There are 2 sides to this coin,Clown World. Abject insanity at the OlympicsLooking Ahead: pay attention to the Democrats and any signs of warming toward Bitcoin and crypto as election issue

Greg and Dan continue their recap of the craziest periods in modern history. We have lots of questions. We don't have any answers. Other than to stack more BTC. If you are not paying attention yet you probably should.

They say there are years when nothing happen and weeks when decades happen. This is one of those week. Dan and Greg break it all downTrump assassination attempt1 or 2 ??TheoriesDemocratic party coupWhere we go from hereThe need for Bitcoin has never been greaterIncredible visual of Bitcoin vs the world

Dan and Greg break it down for the week of Friday, July 12.On today's pod:Mt. Gox finally sellingBut good news, the ETFs buying Only Trade-offs: the good and potentially negative impact of ETFs long termClown World: Post-debate meltdownsOn Our Radar: Bitcoin officially on the platform at the RNC Convention next week

The 5 things you need to know about Bitcoin for the week of July 7, 2024. Bitcoin price volatility. Why its a good thing.Fear & Greed. Get used to counter-trading your emotions. Fear & Greed IndexGermany dumping Bitcoin.The pendulum swing from the state to the individual.Whats on our radar? The Bear season 3 on Hulu

Welcome to our new weekly segment Five Things. Dan and Greg break down 5 things you should know about Bitcoin and the world. Where to get Bitcoin news?US election: first US election where Bitcoin will play a major roleRecent US Supreme Court cases: is the pendulum swinging back to the individual vs. collective?A lesson in diversificationBitcoin & spirituality

Dan and Trent revisit their experiences at the Sphere through the Bitcoin LensIn the end, there are 3 things in life that are truly finite:Time with the people you loveMeaningful experiences BitcoinWe choose to spend our remaining time on this spinning rock focusing on what truly matters. Things do not matter.

We finally did it. 3 magical days of Dead & Company at the Sphere in Las Vegas.Trent and Dan break down one of the truly epic weekends of our lives:The build-upThe experience inside the SphereThe musicThe mind-blowing visuals3 days in Sin City Some tips and tricksYou don't want to miss this one. And you absolutely, positively do not want to miss this show. Figure out a way to go to Vegas and see it!

A new era of One Way Ratchet begins. Introducing Three-Way Ratchet. Dan and Greg bring home a friend, Tom. Things get spicy as the delve into Bitcoin, Clown World, politics, Saylor and Microstrategy, podcasting, game theory and, of course, playoff hockey.Enjoy!

Dan and Trent can barely contain their excitement leading up to Vegas. 3 nights of Dead & Co at the SphereBitcoin Pizza DayLiving with regret of selling BitcoinAnticipation of seeing Dead & CoReminiscing over final 3 shows of final tour in San FranciscoGame plan for Vegas