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j'ai les clés
8dd0cc880546df5e96e084782db0fa2af717595a07d4b4c40f8fa5428aded63d
i have the keys ♾️/21M

nostr:npub1v5k43t905yz6lpr4crlgq2d99e7ahsehk27eex9mz7s3rhzvmesqum8rd9 please reconsider presenting #bitcoin as “digital real estate.” I know that you, and nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m, are trying to help CRE investors and normies understand the value prop of Bitcoin, and this may be a useful metaphor to build an understanding.

However, in N. America (and many other European and Asian countries), real estate investors must pay property taxes, annually. Sometimes the amount of taxes due is based on market value, other jurisdictions base it on purchase price, and even others base it on an opinion of someone at the County Assessor’s office.

One could easily see governments attempt to tax Digital Property on an annual basis and this would be similar to a wealth tax, which is currently untenable due to the illiquidity of most property investments whether investments in privately-held companies, art, collectibles, etc. Not so with Bitcoin.

We should stop equating bitcoin to digital property and, instead, call it what it is: a Digital Commodity or, simply, Digital Currency.

Thoughts?

Replying to Avatar Guy Swann

Audible:

https://fountain.fm/episode/TxDoimVbz2A8sI9pjnz1

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Thanks Guy 🙏

“Good enough is good enough. That’s a good motto. Not a great motto, but good enough.”

#JedMcKenna

The Death of Ivan Ilyich by Leo Tolstoy

Replying to Avatar nybe

Jaguar had no business trying to stuff 12 cylinders into the E-type… other than to make a laughable phallic vehicle.

I always think of Family Guy when I see one:

For no reason whatsoever, I’m reminded of a Black Mirror episode.

Information overload?

or

Filter failure?

The challenge isn’t to locate a few neeedles of relevance in a haystack of dross. The challenge, in the words of technology critic Nicholas Carr, “is figuring out how to deal, day in day out, how to deal with haystacked sized needles.”

Oliver Burkeman

Meditations for Mortals.

Their working on it:

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A Most Violent Year (2014) is an excellent film written and directed by J.C. Chandor and released by A24 Films.

…but, it’s not one that I would look to for inspiration or base my life decisions around. The character played by Oscar Isaac is a complex one and, though he makes clear effort to run his business without the help of his wife’s mob family, she suggest that he still benefits from that protection. Further, while he gives a nice speech about competing fairly against the other heating oil companies in the 5 Burroughs, he’s also cooking his books in order to cheat on his taxes and the District Attorney is investigating him for price-fixing.

Thus, even though he claims to always do what is right, acting with principles according to his own moral compass, it seems he’s also cheating his customers and the American public.

So yeah, life is full of risks and he takes them to some success, but his marriage is in shambles and one of his employees commits suicide.