Q: What sound does a bear make?

A: Brrr

If just 20% of their shareholders stay, they are better off than dumping their fees by 80% to match the market.

Switching costs might be too high for many more people.

- Some might have taxes due upon sale.

- For some, just the mental burden of having to research better variant and how to convert it is too much

- For some, the switching through their institutions might not be as instantenous as lightning, and they are afraid of missing out on the god candle

- Many just fall victim to the imperfect information. Not everyone knows GBTC is so much more expensive, etc

- And, I wonder if there isn't also some weird collateral obligations in the whole Barry's scam, which might be preventing sale of some of the shares.

"Give me the normal one, thanks."

*to Flare

I re-published the best English audio version I found on Flare. (surprisingly great quality!)

https://www.flare.pub/w/naddr1qqr5v3nywce4qagpp4mhxue69uhkummn9ekx7mqzyzm7g5lklh4hnn9pmphm7rztyr47atgaa86svafzvwxs8n5l7z8gcqcyqqqgtwcnadpgv

nostr:note1tzlkrm53k7e6e3kp8wkjg22sfjegw0f2dyyyp9rkdmuspvp970cqx0t32f

Guy Swann casting as David Attenborough

Libertarians - maybe.

Bitcoiners - there's something about being too good to be true about him, and that rightfully tickles one's senses.

I listened to Milei's WEF speech while cooking, trying to exercise my skepticism muscles, and Spanish.

Pretty solid speech, defending private property, freedom, capitalism and bashing all socialism, regulators, bureaucrats, social justice altruists, ... with clear arguments based of the case study of Argentina coming to ruin, and West coming down the same path.

Check out the conclusion at 21:30:

https://www.flare.pub/w/naddr1qqrn26thf365wagpp4mhxue69uhkummn9ekx7mqzyrhlpzv635lga47h2f9cdad8qa7pasu7uvzurytn3v5mpwl6yrlyyqcyqqqgtwcxmdxs6

- I would like to leave message to all the entrepreneurs here, and around the world:

- Do not be intimidated either by the political class, or by parasites who live off the state.

- Do not surrender to political class that only wants to stay in power and retain its privileges.

- You are social benefactors, you are heroes, you are the creators of the most extraordinary period we've seen. Let no one tell you that your ambition is immoral. If you make money, it's because you offer better product at better price. Thereby contributing to general wellbeing.

- Do not surrender to the advance of the state. The state is not the solution, the state is the problem in itself.

- You are the true protagonist of this story, and rest assure. That from today, Argentina is your staunch unconditional ally.

- Muchisima gracias y viva la libertad carajo!

==

I love what he says; actions take longer to come and bring effects, but I'll reserve to keep my hopes here.

So much grasping!

He's finally realizing that people are leaving his den of robbers and he's gonna be left alone there with no one to rob anymore.

Money for enemies and cunts. 🧡

The true scientific process

I like the donation model.

I hope the particular donation gets exposed to the end user in the order books, so that they themselves can apply competitive pressure on the coordinators, and control the donation x low fee tradeoff.

You can see what's working, and how, and can adjust and iterate. As long as you keep this winning attitude, it's gonna pay off. 💪

But why?

It costs money, and then you have to deal with all the logistics for at least few days.

Is there some government regulation in the US constraining the rental markets from providing more furnished apartments?

Or is it just the consequence of US being on top of the fiat horse?

People move so often here, and each move is an encouragement for spending on big moving logistics and replacing perfectly good furniture with new one purchased on a credit card.

Maybe it's caused by the rental ownership being centralized in the big leasing developers...

For sure, seems like a high preference waste.

It's amazing to think how people ever agreed on the Bitcoin logo.

Really funny, love it!

Beautiful! Lots of important learnings on day 1.

It's like stopping the theft.

nostr:npub10pensatlcfwktnvjjw2dtem38n6rvw8g6fv73h84cuacxn4c28eqyfn34f, nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx

note1dtk07d2upm05pmpz3qwpp2nmf2q6ep5kqwpvj8477xrl38eywrtsvucc26