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SelfBankt
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Banned from dead bird. Fixing anything before fixing money is futile. Anaesthetist & ✝️ father. Building local with npub103a6vk43crw497dlaptwfmhctxqu22mwepshjcvvp29fzwrhtx4q675n6p and farmfoodmap-org.vercel.app

Literally bought one way Β£29pp flights for the family, Jan 3rd to Madeira in case the Starmer/Putin missile issue feels like it's escalating. Roll on Trump inauguration Jan 20th.

Replying to Avatar Laser

If I could choose only five supplements, they would easily be:

1. Natural Vitamin B1, by Natural Scientific.

2. Pure American Liver, by nostr:npub14am887cf6kvwkce89nt7dsw3v9qrrn0uppxyvr6a2jd7xdwuwccqwnudp2's Heart & Soil.

3. Pure Oyster, by Saturee.

4. Magnesium Glycinate, by Pure Encapsulations.

5. Creatine HCl, by Amandean.

#Thiamine is integral to restoring glucose metabolism, beef liver and oysters provides vital micronutrients, magnesium glycinate is the most metabolic (and frequently deficient) mineral bound to glycine (an amino acid in collagen), and creatine supercharges brain and muscle energy.

Go and conquer.

Food is medicine.

Remember Boudica.

Unnecessarily facilitating the firing of UK missiles against a nuclear power loses you consent of the governed. #StarmerOut

Replying to Avatar OneBigLife

People are currently infatuated with Micro Strategy / MSTR "because it is a 1.5 leverage play on bitcoin", and are in (deserved) admiration of nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m for beating the S&P 500 so convincingly.

I know people close to me who have worked hard and saved bitcoin, but are now being tempted to exchange BTC for MSTR, spurred on by influencers like American nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs (I'm a fan) and his latest strong endorsement.

But, MSTR is nothing like BTC. You sell 1 BTC and buy the equivalent value MSTR. You now own a security that is holding ~0.35 BTC on your behalf. The 'BTC yield' isn't yield on your 1 BTC. It is growing the 0.35 BTC up a little higher each year, but nowhere near the original 1 BTC you had.

Yes, I understand Micro Strategy is offering a service that is of value "like an oil company" (see latest Micro Strategy Earnings Call) and therefore trades at a premium. But this is pure speculation just like buying any other company share. The calculation is whether MSTR will generate more value with his company on the 0.65 BTC (the non-BTC treasury part of your 1 BTC investment) than holding the 0.65 BTC would. And in Saylor's own words about other companies, that means MSTR needs to compound more than 29% a year going forwards in terms of company value. That's quite a hurdle - one that very few companies in history have achieved over the long term.

There are good arguments on both sides regarding MSTR, the value the company provides and therefore its premium.

BUT BEFORE SELLING THE SCARCEST FINANCIAL ASSET on earth, one with no counterparty or company director risk, for a speculative asset, one should just THINK VERY HARD.

You may never be able to get the BTC you sold back again.

(disclaimer: I hold both BTC and MSTR - but MSTR only where I can't hold BTC)

100%. In reality MSTR holds 0 Bitcoin. Coinbase do.