Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them)

Founder then @thejubidao now holder of @blubird_app

[Blubird @blubird_app]

Blubird has reached a major milestone.

Marechale Capital plc has announced the proposed acquisition of Blubird Global, creating one of the UK's first publicly quoted digital merchant banking groups.

Corporate finance. Capital markets. Tokenization. Asset management. One platform.
The RWA era is here. We built for it. 🌐
https://t.co/z6BkUEuvVR #RWA #Tokenisation #DigitalAssets #CapitalMarkets

[Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) @ashvds]

@recipromancer 🤝

[Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) @ashvds]

@_Daniel_Ospina Who knew the TDD folks had it right all along...🤣

[Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) @ashvds]

@_Daniel_Ospina Didn't @AnthropicAI publish stats that said less than 10% of people are actually using ai ... Properly?

[Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) @ashvds]

@cjoye @Wise Which in turn creates more people that needs government assistance.

And yet we keep giving politicians raises and tenure.

Lastly, we give companies that mine our natural resources all sorts of handouts (cut that) and tax them instead, and you will cover the costs better

[Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) @ashvds]

@cjoye @Wise ... Already many that need care aren't getting it, and it's the corruption in the system that's leaking more funds than anything else (which we decline to prosecute for silly reasons).
Add to that a government that persecutes DRs for treating chronic health conditions...

[ETH Strategy @eth_strategy]

ETH Strategy is assembling an ETH ministry of propaganda.

Who are the last remaining ETH bullposters?

[Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) @ashvds]

@0xEquinox_ Fly king, fly.

[Ben Thompson @bnthompson]

I oppose a CGT carve-out solely for “startups”.
Any business that risks capital to employ Australians deserves support - especially as AI creates alternatives to traditional jobs.
We should back all private sector job creators, not just those with the right label.
https://t.co/4iU4vSnnxD #BuildAustralia

[Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) @ashvds]

I haven't sold my ETH and i'm still here building on Ethereum🫡

[Clouted @CloutedMind]

I haven't sold my ETH and i'm still here building on Ethereum🫡

[kain.inx @kaiynne]

Anyway if you are building harnesses or trying to make AI useful in your org this is an amazing place to start, just looking at the architecture will be a crash course in practical agentic workflows.

[Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) @ashvds]

@eth_strategy Ah! Now the name makes sense!

[Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) @ashvds]

@eth_strategy The name change would be a nightmare

[Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) @ashvds]

@rayn_ong Not sure if this is a CGT or AI related post 😅

[Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) @ashvds]

@iamnapenjoyoor What, use an iso standard for dates?
You must be crazy!

[Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) @ashvds]

@eth_strategy I see what you did there!
Long eth!

[christopher joye @cjoye]

There are two other dire consequences of this budget that nobody is talking about. The first is that the budget’s introduction of an effective capital gains tax of up to 45 per cent - 47 per cent – previously capped at 23.5 per cent for assets held more than 12 months – hits younger savers hardest, precisely because they have the highest portfolio exposures to high-growth assets such as listed global equities, Australian shares, crypto, venture capital and private equity.
When anyone builds a portfolio for younger investors, they rationally load them up with the highest-growth and most volatile assets on the basis that a long investment horizon allows them to weather the inevitable volatility storms.
As investors age, these portfolios shift into more stable and income-rich asset classes such as cash and bonds, which are net beneficiaries of the CGT increase, because their post-tax returns now look more attractive relative to growth assets.
As many investors have noted online, why would you allocate to a bunch of high-risk growth companies when Albanese and Chalmers are going to take almost half the upside while wearing none of the downside? Rather than helping younger generations, the highest CGT rate in the developed world will hammer them.
And it is a double whammy because the many early-stage companies that have historically employed 20- and 30-somethings will now consider moving overseas. Their investors will simply not want to trade away half of their upside to the public oligarchs.
If you allocated $10,000 to bitcoin after the March 2020 pandemic shock – which many young punters did, and which would now be worth approximately $92,000 – the new CGT regime imposes vastly higher amounts of tax.
A self-funded retiree on the tax-free threshold would go from paying nothing to almost $24,000. Somebody earning between $18,000 and $45,000 a year would see their tax bill jump from $7400 to $23,900 – a 222 per cent increase. Those in the $45,000 to $190,000-plus tax brackets would have their bill rise by 93 per cent.
Since the new CGT regime is, by definition, much more costly on higher-growth investments, it will punish younger investors who have much greater risk appetites and lower average incomes.

https://t.co/MJKvQZXvKw

[Ash van der Spuy #ceasfireNOW 🦁☀️ (they/them) @ashvds]

@eth_strategy Word is, likes steak too