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I invest, I write, I own a biz

What’s the micro, micro, MICRO version of Microstrategy $MSTR?

My crude summary of Saylor’s move is to issue corporate debt to buy bitcoin, and as it has appreciated significantly over time, the value of MicroStrategy's holdings has surged, outstripping the costs of the loans.

A bold arbitrage.

So, I’m keen to know if anyone is doing this at a lower level - eg a private, bland business?

I own a biz generating 27% NPAT.

#bitcoin #business

Replying to Avatar Lyn Alden

One of the things I think about a lot in terms of modern fiction is this conflict around diversity, wokeness, and so forth. Here’s a bit of a mini blog post on it.

On one hand, it’s normal that people want to see elements of themselves in fiction they consume. And so to create something that appeals to a large and diverse world, one way of doing that is to have a diverse cast of characters. Unless of course the context would be inappropriate, like Saving Private Ryan or something. In addition, fiction has always been used as a form of social critique, and thus if someone has something to say about race or gender, it’s going to come up in fiction.

On the other hand, I think diversity in fiction has a lot of reasonable pushback against it in the current era. Weak Mary Sue characters, an over-emphasis on race or gender compared to writing a good story with compelling characters, diversity quotas, and “creation by committee” where so many hands touch a peace that they dilute it down to nothing. These days most of the movies that win awards are not the movies most people want to watch.

The last three pieces of visual fiction I consumed were Godzilla Minus One, Blue Eye Samurai, and Arcane. They had very different approaches to this topic and I think all of them handled it well. Discussed without major spoilers.

Godzilla Minus One is a Japanese movie set in the 1940s, so the answer for diversify is that there isn’t any, and the topic probably didn’t even come up. Like for Saving Private Ryan. There’s diversity of personalities of course, but it’s mostly about Japanese men dealing with a monster, and then two notable female characters that are well-written in mostly non-action roles. A key theme of the movie is about life over death and the horrors of war, and so for example it explores the ethics of kamikaze pilots and the broader topic of sacrifice in a defeated Japan, which it does well.

Blue Eye Samurai has a female protagonist, disguised as a man for practical purposes as she goes about revenge. So in the current era where diversity is such a big topic, there’s a lot of ways for that to be handled poorly. But her background and why she’s out for revenge isn’t particularly gender-related. And race comes up to the extent that the show explores colonialism, technological gaps between cultures, a society closing itself off to outsiders, viewing outsiders as demons, etc. Which all happened in that period. The show has a major arc that focuses on the limitations of being a woman in 1800s Japan, and I think it’s well done. All of it is in service to a good story.

Arcane uses League of Legends lore, which has like 140 characters so that everyone who plays can find someone they like. Thus diversity is set into it at its core, and the gender and racial diversity in Arcane the show is at a higher than average level. But then they don’t talk about it. None of the conflicts are about race or gender. The setting has a lot of problems that the characters are sorting through, and race and gender just don’t happen to be among them, which I think is well-handled for the story they want to tell. The themes and conflicts they focus on instead are economic disparity, desire for sovereignty, technological progress vs risk, family bonds and their limits, the price of power, peace vs domination, etc. So by the end it feels like invisible diversity- diversity just kind of happened without it having been a big deal. And importantly, the diversity was not at the expense of white men- they were some of the best characters too, including probably my favorite character in the show.

I’m currently reading The Lost Metal, which I’m not loving for plot and pacing reasons but am finishing it for completionist reasons for the broader story universe, and once again I think the author handles diversity well. His books, set in fantastical settings, tend to have a diverse array of characters, and it’s all in service of telling a good plot with good action and so forth that appeals to tens of millions of readers across the world. As an example, his original Mistborn book has the highest per capita fans in Taiwan of all places, even though the book isn’t set in an Asian setting. When the success of Hunger Games led to a big global trend of young adult dystopian fiction for a while, it was Mistborn that caught on in Taiwan. A good piece of fiction doesn't have to be written for a particular group, to be enjoyed by that group.

So when I approach hobby-writing, that’s my focus: tell a good story with interesting characters.

When diversity is forced into fiction writing or film without any relevance to the plot, it feels contrived and detracts from the storytelling.

If it doesn’t serve a logical purpose, the inclusion becomes egregious, making the content feel more like a checklist than authentic creativity. We've seen it in recent films and series, and it’s hard to ignore the negative impact on the narrative.

Yeah #bitcoin is cool, but have you ever had 3x ice cold Asahis after walking 30,000 steps through Tokyo on a summer day?

And now for something completely different…

These are getting creative and increasingly amusing

It’s anti business. It’s anti innovation.

Eerily similar to the policies in late 20s/early 30s USA which caused economic and currency collapse

Yesterday in #tokyo headed up the nostr:npub1vmpf90hq56wzyxht6teg3llpa74rzcepw9suj5unxl3tph24zd4qgtxhm7 day at the Japan Bitcoin Conference! thanks to Joe and everyone else for being such amazing co-organizers for the event and to nostr:npub1r7psmkr4zv93xnal8un6d8hvmpsn5jvhfzn3kk38rfcel6awznks7znspg + nostr:npub1vm8ysnhr3dhqw4sa9c0esuf5x5eldgt53qrz4vpe9x89fasqn7zqks9a6c for showing up to run a great LARP; first one in Japan 🇯🇵

https://m.primal.net/KwIA.mov

Looks fun!

Alright, so I was really starting to “get” #bitcoin thanks to long discussions with nostr:npub1cw9lrvyu72t9wfzmxkpq4k8r6nghpu3n7042tmu6nc28ur6td25q8mpsr3 and reading nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a ‘s wonderful book #BrokenMoney

But now Scottie is making me a BULL

(Pun intended)

https://x.com/ScottiePippen/status/1836520443311984968

Continuing thoughts on #bitcoin as nostr:npub1cw9lrvyu72t9wfzmxkpq4k8r6nghpu3n7042tmu6nc28ur6td25q8mpsr3 Orange Pills me.

I have always had an issue with #property in Australia - the median house price vs median salary is absurd, land taxes, council rates, stamp duty…on and on.

Crazy focus on wealth extraction rather than being productive.

Now, affordability has never been worse and renting is an even dire situation.

The government’s answer is to turn the printer on, hand out fiat and incentivise new home owners into think that a 30 year mortgage with only 5% equity is a great idea.

I think the orange pill is going to become very easy to swallow for more and more Aussies.

#auspol

Where in the world is productive, #bitcoin and business friendly, has quality education and healthcare?

What do we think about this?

Propping up banks and property in #Australia

Must.

Keep.

Ponzi.

Going.