Ok, trying to do this. Altho the authentic self is just a bit boring. It's probably a sign of narcissism to judge oneself as boring.
I feel like all the CEOs of public companies with high PE ratios are worse than spooks.
"CMSTR is available to EU professional investors (excluding LUX and GER) and non-US qualified investors, subject to KYC/AML compliance. It is not available in the US or AML high-risk countries."
I had to look up "AML" is anti money laundering".
I have to check liquid out. It sounds like anyone could build their own market maker using taproot or become a Liquid market maker.
Yikes, I didn't notice😀
It seems like it answers a lot of interesting questions like the following:
"Cheap asset transfers that work 24/7."
"Global accessibility for everyone."
After all aren't Vegas Casinos open all day and night with international flights to everywhere?
So I think I would like to be a "market maker" on this network.
I will take Bitcoin in exchange for registering a share of company stock on a UTXO and charge a fee. The higher the fee, the more market makers will join the market. Reputation will be crucial for the market makers.
Perhaps companies themselves will become market makers for their own shares so they can maintain full oversight over the exact 1:1 match of tokens to shares.
"An easily auditable supply"
Something about the hash of a key of the company with the lD of the issued token, so we can easily count that there are exactly the outstanding tokens as the company publishes.
https://river.com/learn/images/articles/taro-taproot-transaction.webp
Trying to work out some examples to understand this:
stock tokens representing $mstr would represent a claim to other UTXOs currently less than the amount of UTXOs given to the market maker to create the token. Individuals participating in this trade would be giving more UTXOs for less now in the hope of more UTXOs in the future.
Apple has a dividend of 1.5 dollar per quarter, PE of 38. So every 38 dollars will earn 1 dollar per year. If I'm not mistaken.
So in this tokenized world for an Apple share 240,000 satoshis would be handed over to a token that spits out 6,000 satoshis per year.
For $MSTR someone is handing over 350,000 satoshis for the hope of getting 250,000 satoshis in a year (2024 BTC yield).
No kidding. I was afraid of going down a lava tube once because Pele was erupting.
And the next night I had a dream, and Pele was like "I worship God too". And then I asked why she let people worship her, and she was like, " not my problem, they'll learn"
That's how I understand it as well
i bought some coffee with Bitcoin and the store must not have known.
The guy at the coffee shop just told me the same thing as he ground this bag:
Early morning car ride with Salvadorans to the capital city. We arrive at a hotel with Palm trees and Bird of paradise flowers and Bitcoin signs.
An orange Pill balloon floats over a "Hal Finney Stage".
People love a conference, regardless of what they think of the topic. There are the free tote bags, the lanyard with your name on it. the wristband. The possiblity of new connections and new opportunities. The belonging to this new group of people.
I'm usually don't like to go to a conference. However a Bitcoin conference is a different thing. There's an optimism in the air.
But since I didn't have ticket I went to a coffee shop down the street. It was packed with people.
The barista/coffee shop owner asked the patrons if we didn't get into the conference. He said, seems like they made the tickets artificially scarce, nobody can get them. The last conference everyone could get in. It's funny to have a barista mentioning the scarcity concept.
A visitor at the counter agreed that normally he goes to the conference and wonder what it's like to go to the local coffee shops. Now he's at the local coffee shop wondering what's going on at the conference.
Barista: "It's ok, everyday in this coffee shop is like a Bitcoin conference".
Sounds like a lot of risk and a lot of work, and I'm glad it paid off.
I've got to pull a similar manuever soon
Do you have thoughts on TSLA (robots) and software.
My ranking on performance is
MSTR
BTC
TSLA
NVDA
I'm still there. It's not a bad place if you don't mind warm weather. Public transit is really good. Lots of walkable stuff. Drawback may be the noise in the early morning. Lots of dogs barking, roosters crowing and scooter engines revving up the hills.
Yeah that grossed me out! Especially since Nostr and lightning already fixed all that.
The Alby lightning node is very convenient like a bank account. The Alby Go is like my credit card and it's linked into Nostr as well.
Hehe good thing i just deleted twitter
It's always a jurisdictional thing. Perhaps it's just to trick people into thinking the tokens are somehow bound to the real world. people in other countries definitely seem to be very willing to trust these tokens.
i wonder if they are trying to compete with the one company that currently holds all the stock certificates. So best good faith case, these people are trying to disrupt the already centralized old company with a fresher(perhaps more tech savvy) new company?
But I just don't see how anyone could trust a company built around a shitcoin. Unless the founder is honest about the mission and the risks. And that it's not Bitcoin that people are buying but a share of a company.
If true, it's so weird. Unless I'm just blind to something. Cathie wood always mentions Solana.
I understand if they think it's a plug and play tokenized stock market that could trade 24/7 afor anyone with a smart phone. But I don't understand why they would want to invest in any of the "tokens" which are just printed out of thin air.