@HodlMagoo@SusieBdds Of course if one is true, the other is also. If men remarry younger women. Women, on-average, must marry older men.
The evolutionary reasons for this are pretty obvious too. Men seek reproductive fitness and women seek protection/security. Believe it or not, same across the globe
@DGovatos@LibertarianMama Boomers inherited the biggest boom in history. 1971 off the gold standard led to inflation of asset prices and anyone buying any substantial assets in the 70s though 2000s was able to ride that exponential curve. In comparison, stagnant wage growth.
@dgt10011 The only people who will care to audit and complain about how the state uses our tax dollars are the ones who pay the taxes. If 50% pay no tax, they will only ever advocate for more services. EVERYONE should pay something so they feel the pain of tax money wasted.
@saylor@Saylor. Saw the conversation with Nat Brunell. Please reconsider. STRC needs DAILY DIVIDENDS or you'll see your market share of digital credit shrink quickly and MSTR will lag ASST even in a BTC bull market. Don't stop innovating.
@Strategy@saylor@phongle@natbrunell@Saylor, @PhongLe.
I'm got a huge part of my net worth in your company. Please don't concede victory to SATA. Don't stop innovating. And, if something is a good idea, adopt it right-away. Without daily dividends, STRC will be MORE volatile than SATA.
@HyugaXBT@VinnyLingham He will continue to print MSTR alongside STRC to maintain his desired amplification. MSTR sales de-risk the balance sheet, where debt is a liability and preferreds are a perpetual obligation.
@HyugaXBT@VinnyLingham He's not going to retire the convertible debt using BTC alone. It'll happen as the price of BTC runs-up, mNAV expands and they can run the MSTR and STRC ATM at will.
@VinnyLingham They buy more BTC during run-ups so they'll always have some BTC to sell at a loss. In mid bull run, with mNAV expansion, would be better to sell MSTR anyway.
@solren5@coffeebreak_YT MSTR isn't obligated to grow, just as an insurance co isn't obligated to take more customers. They do it because the model works. They could sit on assets/liabilities and just take BTC price appreciation, just as insurance co could sit on their current portfolio, no new customers
@solren5@coffeebreak_YT Obligations grow as they issue more STRC to buy more BTC. This is analogous to insurance co taking more customers; increased asset and an increased liability. As long as they keep the ratio stable, the risk profile is unchanged--STRC and MSTR issued at a consistent ratio
@solren5@coffeebreak_YT There is no obligation to issue new STRC or MSTR to pay the dividend. MSTR can and will (when advantageous) use cap gains from BTC to pay STRC dividends, as Saylor stated on earnings call. As long as investments (BTC) perform, they profit. No structural difference.