Wow, I thought I was alone in feeling this way. I would add birthdays to the list.
I will say when I’m “forced” to go, I usually enjoy myself and I’m glad I did it.
Except clubbing, always hated it and couldn’t wait for it to be over. Mostly because it eventually ended with someone getting in an argument or fight. That and I was always cheap so spending $200+ on a $40 bottle of whatever we were drinking just to get a table (VIP) always hurt lol.
GM!
Sometimes I spend time and really think about where I am, where I want to be, and the gap in between the two.
Sometimes difficult decisions are required to make the leap to cover the gap.
There’s a chance I’ll miss and fall on my face but the reward if I make it would be worth the attempt.
These difficult decisions are easy to put away for a later time but you miss opportunities.
Cheers to the risk takers out there. I don’t think there are as many of us as I thought.
I kind of envy those seeking safety at times, there’s a comfort in it but to me the biggest risk to safety is being too comfortable.
Bitcoin helps see life from a different angle.
Hope all the #nostriches are having a great day and better week! #plebchain
Thanks for the reply. Good points.
Valuation is in the eye of the beholder/investor.
The value investor will see opportunity on the lower mNAV.
The growth investor will see opportunity in the higher mNAV which generates a higher BTC yield.
Most mNAV calculations are simplified and don’t take debt or cash into account (effectively EV - enterprise value).
Investing in LBE’s is a really interesting exercise.
Meet $STRD - Strategy's newest fiat extraction vehicle to continue accumulating Bitcoin.
10 % yield + a rising floor? "Say more" as Tad Smith would ask.
STRD complements their existing preferred stocks (STRK, STRF), diversifying their capital-raising tools while reinforcing their position as the largest corporate Bitcoin holder.
Investors can choose STRD for Bitcoin upside or STRK/STRF for steady dividends, depending on their goals.
Key points:
• 10 % annual coupon – paid only when the board feels like it (non‑cumulative).
• Ratchet clause: the $100 face value resets each day to the highest of $100, yesterday’s close, or the 10‑day average. Floor moves up, never down.
• Of course, the proceeds go to buy more bitcoin and run the business.
• Company may call all shares once <25 % remain outstanding.
How does $STRD compare with $STRF or $STRK? See table below.
It's getting hard to keep up with all the BTC treasuruy companies and Strategy's continued innovations!
What a time to be an investor.
#gn #news #grownostr #plebchain #MSTR #STRD #STRF #STRK nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqg9rg869l7t43ats5gdsqrqh6njn5wjf0jpe0unvpekkredvllr6nqwfmhjz
https://www.strategy.com/press/strategy-announces-proposed-strd-stock-offering_06-02-2025
Curious about President Trump's “One Big Beautiful Bill” tax relief benefits?
• Eliminates taxes on tips and overtime pay.
• Allows deduction of up to $10,000 in interest on loans for U.S.-made vehicles.
• Increases Child Tax Credit to $2,500 through 2028.
• Raises the SALT deduction cap to $40,000 for couples earning under $500,000.
• Makes 2017 tax cuts permanent.
• Provides a $1,000 "Trump Account" for children born between 2024 and 2028.
• Adds a $4,000 deduction for seniors over 65.
Lots of people are excited but if you stop and think about it, how do we make up for the tax revenue this bill avoids?
Yes, it will stimulate the economy because people will feel richer and inevitably spend their savings but it won't be enough...
The fed will print. A lot.
That money printing will eventually lead to inflation, which will hurt a lot of people. Regular folks, blue collar workers, with little to no ownership of hard assets will suffer in the long-term.
Those closest to the printer benefit. Those owning hard assets will win.
Buy hard, scarce assets. Buy bitcoin. Buy gold. Buy valuable real estate. Buy quality stocks.
Protect your wealth, yourself, and your family.
Read "The Big Print" by nostr:npub1d3f4m9dgvkdjxn26pqzsxn6lpfn78sxwllxyt8mp76q0a9zyyjlswhr4xv , "The Bitcoin Standard" by nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak , "Broken Money" by nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a , "Guide to Investing in Gold and Silver: Protect Your Financial Future" and watch all the episodes of "Hidden Secrets of Money" on Youtube (https://www.youtube.com/watch?v=DyV0OfU3-FU&list=PLE88E9ICdiphYjJkeeLL2O09eJoC8r7Dc) by Michael Maloney.
First time doing pork belly burnt ends. Photos are from start to finish. Let me know what you think NOSTR, how do they look.
nostr:npub15mwtfq0va0l93srv3eyv3s00az2hr32e5phymaw2nz7mzyymz30sl8zz9n waiting on them to cool to taste test. 🤙🏻
Are you a small business owner and curious about President Trump’s “One Big Beautiful Bill”?
Below are some of the key benefits:
•QBI Deduction Increased and Made Permanent: The Qualified Business Income (QBI) deduction for pass-through entities (e.g., sole proprietorships, partnerships, S corporations) is increased from 20% to 23% and made permanent.
•Section 179 Deduction Expanded: The cap for immediate expensing of qualifying property under Section 179 is increased from $1 million to $2.5 million, with phase-outs beginning at $4 million.
•Bonus Depreciation Extended: Allows 100% bonus depreciation for qualified property acquired and placed in service after December 31, 2024.
•Research and Development (R&D) Expensing: Permits full expensing of R&D expenditures incurred in the U.S. from 2025 through 2029.
•Business Interest Deduction: Reinstates the ability to deduct depreciation and amortization when calculating the limit on business interest deductions.
•Estate Tax Exemption Increased: The estate tax exemption is increased to $15 million starting in 2026, adjusted for inflation thereafter.
•SALT Deduction Cap Raised: The State and Local Tax (SALT) deduction cap is increased to $40,000 for married couples earning under $500,000.
•Limitations on SALT Cap Workarounds: Disallows certain pass-through entities, particularly specified service trades or businesses (SSTBs), from utilizing state-level pass-through entity taxes (PTETs) to circumvent the SALT deduction cap.
•Support for Small Business Growth: The bill includes provisions aimed at enhancing small business relief and promoting investment in domestic manufacturing, with projections of securing over 7 million jobs in the next four years.
#gm #trump #potus #smallbusiness #news #taxes #grownostr #plebchain
Here’s what everyone has been waiting on. First butt of the year. Everyone’s eating so it must taste okay. Finishing up just before the storms too. So all is good.
nostr:npub15mwtfq0va0l93srv3eyv3s00az2hr32e5phymaw2nz7mzyymz30sl8zz9n
Came out great! Now I definitely need to get back to making one (or two)…
Wow they are already selling 2026 tickets? It’s a fiat machine!
Choose to be strong.
Make your own decisions.
Own your mistakes.
Don’t be a victim.
Life can suck. Challenges will come, sometimes all at once.
Man up. That goes for women too.
Hey NOSTR, Whatcha cooking for Memorial Day? I’m thinking about a Boston Butt and Pork ₿elly. Will be first time for Pork ₿elly. nostr:npub15mwtfq0va0l93srv3eyv3s00az2hr32e5phymaw2nz7mzyymz30sl8zz9n
Both are great! Pork belly will be done a lot quicker so either pull out sooner or put on later.
I usually put them on at the same time to get that initial smoke in.
If you have an upper rack on the smoker, you can put the belly there and it might be done around the same time as the pork belly.
Either way, you’ll have a great time and the results will be awesome!
Can you retire borrowing against your Bitcoin forever ("buy‑borrow‑die")?
Now that nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqgdwaehxw309ahx7uewd3hkcqpqex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jqjrm2qp and others like Unchained, Ledn, nostr:nprofile1qyfhwue69uhkcmmrv9kxsmmnwsarwdehxuqjyamn8ghj7mnpwvh8jatwd9jhyun0v3exjem4v4azucm0d5argwp58qhsqgpfzgk72hyql95jr35ywwdjvu4p4ulgezqgys6kafl2yrrzq52jzqmxlfwh allow for relatively easy Bitcoin-backed loans, the question is...
Can you just roll over the debt forever?
That's kind of the goal isn't it? Have Bitcoin appreciate in value over the borrowing cost and roll over the debt and live happily ever after?
Let's see...
Short answer: Maybe. Only if you control five risks – and 12%+ APR makes that challenging.
Risk #1 – Volatility risk
Volatility ≠ risk when you long-term hold but it is with loans! Borrow too much and the volatility can trigger liquidation (margin call anyone?).
Even big names get margin‑call pressure: Newsweek ran a piece on how a deep Tesla price drop could force Elon Musk to sell pledged shares.
Rule of thumb: keep loan‑to‑value (LTV) below 25 %. That survives ~60 % price drops before hitting a liquidation trigger.
Risk #2 – Interest‑rate risk
Bezos and Musk borrow at 2‑4 % because banks love ultra‑liquid mega‑cap stock collateral.
Unfortunately you're not Bezos or Musk, and banks still consider Bitcoin highly risky so you're stuck with high APR's for now (12%+ as of now, though nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqywhwumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wsqzp382htsmu08k277ps40wqhnfm60st89h5pvjyutghq9cjasuh38q7t6dtc
hinted at sub-double digit offerings).
If BTC returns stall below the rate for a few years, interest snowballs and you shrink instead of grow. I know nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqg9rg869l7t43ats5gdsqrqh6njn5wjf0jpe0unvpekkredvllr6nqwfmhjz says it's 30% ARR but there could be a massively down year that can wipe you out if you get too greedy.
Risk #3 – Refinance risk
Rolling the debt “forever” assumes lenders always renew on friendly terms. In a risk‑off market they can raise the rate or refuse rollover.
In extreme cases, there may not even be a lender available and you have to sell BTC to cover or find highly unfavorable terms.
Risk #4 – Custody / rehypothecation risk
Some crypto lenders re‑lend or rehypothecate your BTC. If they blow up (see Celsius, BlockFi) your collateral can vanish even when price goes up.
Recently, Mallers cleared this up with Strike (no rehypothecation) and others listed above seem to mostly be on the same page but there's still a risk of them losing your BTC in a hack or some other black swan event.
Risk #5 – Regulatory & tax risk
Congress has floated closing the “buy‑borrow‑die” loophole.
New regulations could tighten BTC‑secured lending or change step‑up rules.
The ultra-wealthy can borrow cheap, on very liquid collateral, and usually keep LTV ultra‑low. You, fellow pleb, even with a 10 % APR, would need BTC to have double‑digit returns every single year just to break even after tax and loan costs.
Yes, borrowing is "tax-free" but if you ever have to sell BTC to cover, it will be a taxable event.
So can it work? Yes!
But only at low interest (hopefully soon) and low LTV.
High APR's carry real danger: one bad year of flat or down BTC price plus rising rates can wipe out years of compounding.
If you want to do this: keep borrowing small (≤ 25 % LTV), stockpile an interest buffer, and be ready to shrink the loan quickly when #BTC moons (if it helps you sleep at night).
Not financial advice. Do your own research.
#gm #gn #nostr #plebchain #bitcoin #loans
There really are a lot of wannabe experts, gurus, and pretend millionaires (even billionaires).
Speaking confidently fools a lot of people.
Don’t trust, verify.
It’s hard to know the difference between giving up, giving in, letting go, and moving on.
Yea it’s hard. Did you have a probe thermometer in it to alert you?
I don’t use it as much now but it definitely comes in handy, especially for cuts you’re unfamiliar with OR when they are a different size than you’re used to.
Was it good though?
Little something different on the grill today. Gonna try smoking a chuck roast. nostr:npub15mwtfq0va0l93srv3eyv3s00az2hr32e5phymaw2nz7mzyymz30sl8zz9n nostr:npub12r0yjt8723ey2r035qtklhmdj90f0j6an7xnan8005jl7z5gw80qat9qrx nostr:npub12gu8c6uee3p243gez6cgk76362admlqe72aq3kp2fppjsjwmm7eqj9fle6 nostr:npub1xswmtflr4yclfyy4mq4y4nynnnu2vu5nk8jp0875khq9gnz0cthsc0p4xw
Whoa, never done one of these... how was it?
Yea that’s perfectly fine to just own bitcoin itself, it’s ideal. Keep doing that.
Bitcoin proxies make sense for others. Not sure where you’re located but hopefully there is some sort of Roth IRA equivalent you can use.
I definitely take advantage of a Roth because come retirement I can withdrawal tax free. It’s a big benefit, especially for assets with a lot of growth.
Shorting or going long isn’t exactly leverage unless you’re doing it with margin on an exchange.
Bitcoin proxies provide leverage because they trade at a multiple and also are able to use low interest debt to buy more and use operating cash flows to pay for most of the interest.
But if you’re comfortable with just the bitcoin itself, just keep doing that!
You don’t have to use different tools like Bitcoin proxies, options, futures, etc. Simplicity can be the winner long run.
If I understand your question correctly, you want to know why buy these Bitcoin proxies vs Bitcoin itself?
If so, it depends on the person.
It makes a lot of sense for people with assets in retirement accounts where they can easily invest in Bitcoin proxies as well as Bitcoin ETF’s.
Most Bitcoin treasury companies are essentially leveraged Bitcoin plays. Usually performance is somewhere between 1.5-2x spot Bitcoin.
So for people that want more performance from Bitcoin and are ok with the additional risk a company inherently has, it might make sense for them.
Some brokerages or retirement/401K accounts still don’t even let you buy Bitcoin ETF’s so these companies are a way around that.
It’s definitely not for everyone.
Bitcoin treasury companies (or LBE’s — Leveraged Bitcoin Equities) like Strategy, Metaplanet, and Semler are difficult to value.
Each has its own unique attributes. All, except for the recent 21 Capital ($CEP/$XXI), have existing operating businesses, which makes valuation a bit trickier.
So how do you figure out which one offers the best bang for your buck?
The easiest metric is the mNAV — the multiple of its Bitcoin holdings.
You can mean-revert in and out of these if you want to reallocate between them, and it could be a way to outperform simply buying and holding one company. Rotating out of the high mNAV companies and into lower mNAV companies could be a strategy.
Here are some very basic mNAV numbers for $MSTR, $SMLR, $MTPLF / $3350, $KULR, and $CEP / $XXI, calculated from recent data (some of these have been much higher on the richer side in the past).
It’s still early in the mNAV journey. 21 Capital literally just launched last week, so these numbers will change — but it could become an interesting portfolio reallocation method for those into $BTC and Bitcoin proxies.
What do you think?
#gm #bitcoin #mstr #smlr #mtplf #3350 #cep #xxi #kulr #plebchain #asknostr #btc #stocks
I just discovered Banana Ball.
In two minutes it’s been more entertaining than all baseball I’ve seen since 1990’s…combined.
It’s like if WWE and Baseball had a child, a wild child. It’s actually interrupting my UFC time.
Party Animals vs Savannah Bananas
