If you like Cricket, the Oval is pretty cool π
This is the full interview on YouTube:
According to this guy, the state pension won't be available to anybody under 40.
Ironically, if they'd paid out when they were supposed to, Bitcoin was around $83K.
We are loosing more gains by putting it in at $103K
The company would simply pay the outstanding amount to the creditor to make it go away automatically.
If it's a significant amount, it's a very common way to recover funds.
It's very common in business.
There was a famous case where somebody placed a winding up order on to the BBC. Nobody noticed. It nearly went through ending the 100 year life of the institution π
Potentially for Barclays, yes, but for the Pension company no.
That's not really the point tho, having a wind up ordered issued is enough to start a bank run / pension run on a company.
Simply having this in place could be disastrous for a company, they will normally do anything to avoid it if at all possible.
So I offered to lend them money if they were going bankrupt.
They refused and so in the UK creditors are legally allowed to issue a "wind up" order forcing the company into bankruptcy if they fail to pay the creditor within a reasonable time.
This is the UK government information on it:
When Barclays froze my account because they saw me buying Bitcoin, I treated the conversation as if they were about to go bankrupt.
I offered to bail them out and started wind up procedure against them. They quickly opened up my account again.
Unfortunately, my wife is less confrontational, so played the normal game, thus it took a lot longer and was more hassle.
GM
Some pension experience for the younger plebs thinking of starting a private pension.
My wife started a private pension 25 years ago. She paid in a fixed monthly amount matched by her employer.
After 25 years it matured, my wife was given the option to re-invest, but being Bitcoiners, we decided to cash out to become self sovereign.
If we include the matched employer contributions, the pension has lost money. However on just my wifeβs contribution, it has made, after 24% capital gains tax, about 60% gain in total.
However, as inflation has caused at least 50% loss of value over 25 years, then in absolute terms it has lost money.
Next, pension companies, like banks donβt like giving you your money. Despite the payout date being the 15th April, we only received the money after a lot of hassle and threats of issuing a wind up order to the company.
We received the money in the bank yesterday.
What seemed like a significant amount of money to my wife when she started the pension has turned into a relatively insignificant payout today. We are putting two thirds of the payout into Bitcoin and will be using the remainder to pay bills and for my wife to treat herself to a spa day or something similar.
This is the reality of the fiat world.
Check out the Lisbon page on nostr:nprofile1qqs2rx4daefmcuwjttl0xegx0guh3tps64fq6dhv3nr56aagw2hhxkgpp4mhxue69uhhjctzw5hx6egpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgu52x98
Will be loads more on there sir
Already following π«‘
nostr:npub162zpxufpw8pnuytaf0gfxzkqtvk9rvcwkvppa7x57y3n7qkfpg4shatdhy hair services is amazing. It does miracles. Even added a beard to a frog. A white beard! π€£
π
#pudstr
Iβve heard good things about Bluesky πππ
Like buttons are for things I like, but havenβt given me value.
As CSO, my vote is a NO π
We pay for things with my wifeβs fiat salary (she has a good job) and use Bitcoin when we spend above that.
Iβm there in a couple of weeks.
More reports please π
Thank you, YODL hair services is a brand I will be promoting for free from now on π
We cashed it in early to move it to Bitcoin π«‘
My wife got her pension paid out today π
Lockdown and Bitcoin price made me exit π
I built a crowdfunding site called Privex (Private Exchange) back in 2007, sold it to a Chinese firm as a secondary market place.
It removed the concept of shares and replaced it with % shareholding, preventing unauthorised dilution. I also created a ZOPA market (Zone of Possible Agreement), meaning auto matching of buy and sell orders.
I did invest in IncuBus thru Seedrs, which was a startup Incubator based on a bus.
I still own the bus π
Island Roads is the organisation that maintains all the Islands Roads, we're not in safe hands.
I think I'm going to self custody the Isle of Wight π
Thanks, I'll try and catch up, I was too busy talking at the time π
They were going to be the show's sponsor, but pulled out citing irreconcilable differences π
Iβm shitposting and sunbathing.
I find solace in this.
Good Morning Dan, a good day to you sir.
Do we like Jameson again now? πππ
Yes, there are 2,048 words and for each one, the first four letters are unique.
Also Border wallets are interesting nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 did a video on these.
I haven't thought about it enough yet.
It's something I will probably look into seriously after the bullrun.
I bought one, I haven't got round to using it yet.
Because I didn't buy it on Amazon, I can't find the order details π
Here is a photo instead
