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šŸ”§ Biomedical engineer by day | šŸ‡¦šŸ‡ŗinline skater by night | šŸ”Bitcoiner all day every day!

Looking for the Nostr opinion on this:

Assumption: Public transport is not profitable, it’s a service paid for by our tax dollars.

We collect fare money by the users of the service so they pay a higher portion of the costs as they use it.

Given we all pay the bill in some way whether we use it or not, we all have a vested interest in the service. The more people that use it, the trains, buses etc required, more routes to cover and more time slots.

The net effect of increased public transport usage is less cars on the road, less wear on infrastructure etc less cost to the tax payers on net. Public transport produces a net saving for the tax payers greater than the cost of providing it.

Given this, reducing the cost of fares to 0 benefits everyone. Why not go a step further and PAY people to take public transport. Give them their carrot, $1 a fare.

My vested interest in this is I HAVE to drive my car full of tools around between jobs. So if you don’t HAVE to transport anything but yourself, maybe stay off the road and get in a bus lol.

Went offline for a week in this tiny home, skinny dipping in the billabong and catching up on books šŸ¤™

I’m looking at commodity price charts (mostly construction materials) and they’ve stayed flat or gone down minimally over the last few months of volatility.

Does the real economy just not give a fuck about tariffs? Is all the noise just finance people adjusting their PE ratios and selling off stocks? Is it too soon to see the flow-on effects?

Howard Lutnick said the ā€œeasiest way to find a fraudster is to stop payments and listenā€. Is this actually just Wall Street?

How to make a half-decent coffee from instant coffee, maybe your camping or in some off-grid AirBnB with no fancy coffee machines.

Before adding the boiling water put the coffee grounds in your cup first and mix with a splash of milk. This will stop any burning of the coffee grounds.

Also add a pinch of salt to bring a little more flavour out.

Then boiling water, milk, generously stir.

It’s no Melbourne Magic but it’ll get the job done.

Did you read their financial results? EPS beat $0.07 up to $0.30 per share, income up from $6.7 mill to $131mil.

They’ve downsized, right-sighted the operational business and got themselves well capitalised. Now they’re making moves, M&A page on their investor news website.

Seems like there’s some adults running the show, not saying it’s going to the moon but my shares don’t owe me anything and at this point I have no interest in selling.

I’m loving seeing the forced moment of thought this has created in GME holders.

I’ll bet my whole current primal wallet on it - 20 sats

The US Government will buy MSTR outright to fill it’s 1million BTC quota.

I 100% think the Tesla ā€œterrorismā€ is an insurance job being orchestrated by Tesla / Elon. Utilising the bad press environment to get old stock off the books.

A repeating theme in history is those that don’t adopt new technologies for moral or protectionist reasons, lose to those that do.

Solar power is just nuclear power with less steps involved

If cap gains tax is removed like what’s being thrown around lately, does this just open the door wide open to bitcoin adoption? Or how about instead of a cap gains tax, just a 1% in kind fee on all bitcoin transactions paid to the federal government? 100 sat purchase, 1 sat to the gov, no tax owed (excluding applicable sales taxes)

Michael Saylor has talked about offering bitcoin backed lending, as has Jack Mallers.

Strategy have no retail customers, Strike has a large amount of global retail customers already.

Strategy is aiming for bitcoin yield, Strike is a sats-flowing profitable business.

Strike likely already has lots of licensing allowing them to offer these services, Strategy has the capital to fund the services.

Speculation: Strike will be bought by Strategy to launch Strategy’s Bitcoin banking services direct to pre-existing customers.

It’s never wrong to be kind.

Replying to Avatar Fotoart

Buying a house straight up, probably not financially wise considering you'll preserve more purchasing power leaving it in BTC.

Next option, using a mortgage to leverage fiat, may be better off interest rates are really low, but that has never been consistent on a typical term, like 25 years or more. Couple the fact that you could have used that same money, that same systematic payment system to invest the capital portion into Bitcoin, rather than paying down a loan that usually brings in X2 or more of the final cost of that mortgage, it seems so financially unwise.

Not to mention the fact that laws change, tax rules change, maintenance cost on the home, insurance cost, realtor fees (if you use one), lawyer fees for the transaction of the deed, the list goes on...

Solution: Keep your money in Bitcoin, pay that "mortgage" to yourself, and rent so you are flexible to move when you need to and can handle fluctuations in your personal economy. A better job somewhere else is now easier to transition to, a loss of income makes it less stressful to move to simpler accommodations to deal with the change.

Bitcoin becomes your property in which you draw the capital more quickly, easily, no matter where in the world, rather than having to wait for someone, and the economy, to sell your home to get that value out (unless you go with a reverse mortgage).

But I think there is a good time to buy a place and that's when you know for sure that that place will grant you more health than the wealth in your BTC account.

It’s really the last sentence for me, I can’t live inside a cold wallet. The arguments for bitcoin are the same for property investment - spending fiat to buy hard assets.

My question I guess is more how do people approach mortgage sizing as a percentage of their income? 20%? 30% 50%? Get the biggest mortgage possible, pay the bare minimum and let inflation do the work?