inspectah

An anonymous Bitcoin whale gave away $86 MILLION to charity in 2017 and disappeared In December 2017 a user calling himself "Pine" posted on Reddit: "I have more money than I can ever spend" and pledged 5,057 BTC to charity Over 5 months he sent $5M to GiveDirectly to fight poverty in Africa, $5M to fund MDMA-PTSD trials at MAPS, $5M to the Open Medicine Foundation, $1M to the Internet Archive, $1M to the EFF, $1M to charity water and 54 more charities on top He never doxxed himself and never claimed a tax deduction even though it would save him millions Those 5,057 BTC are worth $394 million today

I think the worst advice mid stakes pros give is on bankroll management. They are too conservative Take shots, take a little more of yourself in a big spot tourney. Play a little bigger. You won’t always be successful but you will be better the next time you shot take. You will be better in your normal stakes. Your body and your brain should learn from these experiences so you are more prepared for them the next time. Being scared to fail means you are usually afraid to succeed Obviously, you have to have discipline to stop at a point and have a fail back plan (fall back plan) This doesn’t mean go all in on a tournament or nose bleeds, but take shots at climbing the ladder.

Hans Niemann reveals that the best poker players sell their action so others can fund their buy-ins “There are a lot of poker websites where high-level players can sell their action. These guys don’t want to risk their bankroll. Let’s say you’re playing a game with a $5M buy-in. If you’re doing proper bankroll management and want to be +EV, you should have 100x that in cash. Most poker players source their action privately” “If I’m Phil Ivey and I want to play a game against Chinese billionaires, I’m going to sell my action to people who believe I’m going to win to derisk”