Liberty or Debt

Exploring intellectual limits every day, indulging in awe, riding bikes, understanding the need for hard money.

[Liberty or Debt @Janyon]

@Stockrocker_ASX It was head that way a long time before. It's just that people are finally waking up.

[Liberty or Debt @Janyon]

@markbouris @cjoye Chris is good value and has a good perspective on the Aus govt situation. But like many experts he seems to feel his expertise in his field entitles him to opine on things outside his wheelhouse. Peter Zeihan vibes.

[Liberty or Debt @Janyon]

@michael180966 @OMGTheMess I'm not bright so I'll lead with that and but I also understood that under new rule CGT applies irrespective of marginal tax rate whereas before assuming no other income one could sell a portion tax free provided the taxable gain is under min wage threshold.

[Liberty or Debt @Janyon]

@Woodygocats59 @OMGTheMess Please clear this up for me as lots of confusion. If selling a small portion annually to live off (<4%), assuming no other income and proceeds below min wage threshold previously would not be taxed (as marginal tax rate is 0) but now blanket 30%?

[Liberty or Debt @Janyon]

@Cloons0 @OMGTheMess Why do so many assume a shareholder is rich. Anybody can buy a share. For the cost of a pack of fags or a slab of beer. The difference is that most cannot delay gratification and would rather spend on sports betting, a boat, a jetski, bike, holiday.....

[Liberty or Debt @Janyon]

@ColinJEly1 @TheKouk That was Tether FYI. Centralised stablecoin. Different animal.

[Liberty or Debt @Janyon]

@AvidCommentator Ya think!

[Liberty or Debt @Janyon]

@BoroBoring @YRP237 @theswansjr You talk like these things should happen overnight. Greshams Law takes time.

[Liberty or Debt @Janyon]

@ChrisBarratt12 @GavinBrx @DerekFranc90653 People I speak to only seem to read headlines and believe the generational fairness trope. Same as when they were discussing unrealised gains in Super. The masses have blinkers. Fn boiling frogs.

[Liberty or Debt @Janyon]

@LouiChristopher @elonmusk They understand that the politics of envy lands well with their audience. An unthinkable but ultimately arbitrary number fuels their reasoning for the justification of confiscation.

[Liberty or Debt @Janyon]

@David_McMahon75 Pearl clutching that this is an unrealistic scenario because 20yo/shares blah blah. Archaic world view. For all the evils of crypto it has spurned a generation of (very) young speculative punters with learned (burned) experience fast-tracked by 24h meme cycles.

[Liberty or Debt @Janyon]

@gazmcghee @David_McMahon75 "Tall Poppy Syndrome" is alive and well in Australia. Mediocrity and herd behaviour is celebrated and encouraged. Just watch a Sportsbet ad.

[Liberty or Debt @Janyon]

@r3tarddownunder GTF off George st maybe?

[Liberty or Debt @Janyon]

@ausbtcclub A life partner who shares your values is real wealth. Unfortunately too many addicted to bling.

[Liberty or Debt @Janyon]

@DuganChris_AI @NeilJacobs Pontificating from your pedestal of financial privilege.

[Liberty or Debt @Janyon]

@mrcarlos_ People cheering for UBI need to read this.

[Liberty or Debt @Janyon]

@matt_barrie @TheKouk Tim Walz vibes.

[Liberty or Debt @Janyon]

@MarkoMatvikov Word!

[Liberty or Debt @Janyon]

@JoeConsorti Politicians who own the asset and understand the protocol are likely to be resistant to her plans to ban the asset outright.

[Liberty or Debt @Janyon]

@bosdan @ramit Boom!