Both, keep em guessing
How does this bring people āeconomic freedom?ā https://twitter.com/brian_armstrong/status/1628793462786228226
mETH L1 is a mess, whatās the point building a L2 on top. Itās like building a toilet block on quick sand and thinking youāre not going to end up in the shit.
No coiners donāt understand this trumpās volatility every time especially when your time preference is low.
My premise is mainly that #bitcoin should continue to outperform and therefore itās likely if you have a decent amount of #bitcoin in your #smsf now, any arbitrary cap will likely be way under your balance by the time you retire after 3 or 4 halvings.
Itās all speculation of course and the goal posts will likely move many more times before then but they will want a fat slice!
Amazing didnāt even know this was a thing! Thanks and ā”ļø
More on Superannuation proposed changes:
"According to the Grattan Institute, which advocates taxing earnings on balances above $2 million in super funds at 30 per cent or more instead of imposing a hard cap, introducing such a policy for balances over $3 million would save the federal government around $1 billion.
In the 2019-2020 financial year, there were around 36,000 people with balances over $3 million, holding nearly $200 billion in assets.ā
So if your superfunds are all self custody #bitcoin with no yield and your balance is a $100m cause thereās been a bunch of halving since you first moved everything overā¦?
Oh and it wouldnāt save the federal government a cent, it would steal another $1bn in taxes that they arenāt currently stealing!
Beforeā¦Iāll let you know how it goes!
Iāve said it before earlier this week but money not stolen through tax isnāt a cost. Comparing it to actual line item costs on a chart is utterly dishonest.
People have saved their hard earned money, invested it, grown it, followed the rules and asshats like this meat sack want them punished, makes me sick!
āŖBuy #bitcoin and self custody!ā¬
What are you doing with your lunchtime?
Comfortable with no delete button!
Job hunting has its moments, this approach from a recruiter made me sit up.
My response.
Pleb: Earning #sats
Wife: Thatās great, how many?
Pleb: $2.30
Wife: WTF
Pleb: Just wait 3 halvings, youāll see!
Youāve got to think bitcoiners made up a non trivial percentage of twitter users, they must be seeing a meaningful reduction in usage.
Imagine spanking $45bn instead of buying #bitcoin
Oooof, that does keep things interesting!