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code monkey
9e2310e8052469e0d9107c4449b57068bd8138d4425f4a016f6e65757ab65cfe
I like learning from people that are smarter than me

I'm still trying to wrap my head around this. MSTR had first mover bitcoin treasury advantage, and the demand in the bond market. To beat the bitcoin hurdle rate now you need to offer something of value. How else do you achieve bitcoin per share yield?

nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqg5waehxw309aex2mrp0yhxgctdw4eju6t0t25cfd is a smart dude so I must be missing something

Replying to Avatar mcshane

Sorry but I can just see obi-wan Kenobi and Anakin Skywalker

When I said the US was becoming the shitcoin capital of the world I did not mean US equities would trade like a shitcoins, yet here we are 😄

Awesome! I have a dream for a minting protocol where time-locked tokens and a verifiable serial-number scheme, could make physical transactable bearer notes. I don't think I'm quite smart enough to figure out the protocol, but I had some general ideas on how it might work. Would require trusting the mint to an extent but I think it is possible.

It would also be awesome to have a bank-note style design for these. Cool stuff!

It irks me when an objectively wealthy person complains about workers prioritising work-life balance like it some weakness or affront to the free market and their business, when most of these guys would crash out working 50+ hour weeks with a boss (actually working, not sitting on video conferences).

Either they are meeting the output expectations the business is paying for, or fire and replace them. The market is paying for work output, not time on a clock.

Yes for sure, personal finance is personal and there are no universal truths. My point is just that some people over-leverage (5x +) to own a home they can barely pay down and is now an illiquid asset making up 80% of their net worth.

If you have a good deal and you're not overexposed, it is worth it and I would do the same.

ahah I know the blind polarization is crazy! On some articles about government blocking ACH and some comments were like "they're gonna forcibly make everyone use bitcoin to pump it up and control your money", as if that makes any sense at all...🤦‍♂️

"How can it be a safe haven asset when it's so volatile?"

"How can it be a store of value and a medium of exchange?"

"How can it save you from government interference, when the government is interfering with it?"

hahah I've compensated you for your time having to read that sir

How about a ragebait clip to get them in here lol

Not to repeat the "both sides bad, but me good" type of political take...but holy hell both extremes are insufferable. The trump derangement I see from friends and family is astonishing, anything mentioned is automatically evil and terrible, and likewise the ball licking by some trump guys thinking he's playing some 4D chess when he says some dumbass thing as well.

I am genuinely more scared about the polarization of politics in the US than any individual politician or policy. A whip-saw government is an unreliable partner and will never get anything done.

I try to not post about politics but no one reads these anyways so I needed to rant a minute

It's wild. And SPX is trading like a shitcoin.

Ah and my life's work will never be used for anything except useless marketing 😂😭

I should contribute more to open source or something but I'm too tired