These messages are never delivered with context
For how long would they be covered for?
Do day cares accept unvested SpaceX stock?
Gotta ask the hard questions
The market is remarkably efficient at pricing risk
Just like every algo stable with a fixed borrow rate, the real rate will manifest in price relative to peg
What the Saylor cultists don't understand is that the market doesn't find assurance in a USD denominated yield paid with an asset that not only has an 80% annualized vol, but its very price being impacted by the paying of dividend with said asset.
The market will accept an 11.5% yield when there are years of dividend runway saved *IN CASH*. What the market (clearly) will not accept is an 11.5% yield paid via BTC, therefor $STRC price will keep adjusting until it finds an equilibrium between yield and risk, with the adjustment knob being price.
The lower BTC price goes the lower the USD via BTC runway gets, the stronger the death spiral flywheel gets, and the higher yield (and therefor lower price) that $STRC market participants will demand.
It's really not that difficult to puzzle out.
NEW: Illinois Governor Pritzker has signed a 0.2% tax on crypto transactions into law including transfers between personal wallets, with the Crypto Council for Innovation calling it "the most punitive digital asset tax in the country."
@myjunto_xyz automated portfolio made up some ground today
Paper trading for now. Few more days of testing then real $
Bad timing starting 6/3, but we grind
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Been using @pushscroll for a bit and really like it
Exercise to unlock configured apps (Twitter, YouTube, etc)
Apart from extra small workouts it makes you mindful of time spent scrolling
Unlocking 10 min on Twitter means in 10 min it shuts me out
Strongly recommend
Curious to know everyone’s top 5 accounts?
@investingluc is up there for me.
Some others included @crypto_condom for thematic / new companies
@CJ900X for TA
@krugman87 for market insights
I’d find it super valuable to know your top accounts - drop them in comments with a quick few words on each.
Much ❤️
@OptimusDelta@investingluc@crypto_condom@CJ900X@krugman87 Have all of them loaded up @myjunto_xyz
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@lapdoteth Ok, can just keep moving the goalposts if you want
Point is be mad about the fraud and waste with the money the govt has
Being mad that someone made himself and a bunch of other people rich pushing multiple industries forward is a weird hill to die on
@lapdoteth the knock being "a decade behind on mars" is a bit rich
not sure what the complaint is really
take more money in taxes to then get lost in bureaucracy?
remove the incentive for creating successful businesses?
@lapdoteth Feel like there’s a lot bigger issues to bitch about than someone who has created an immense amount of value and is pushing multiple industries forward.
If you could find another potential Elon, where would it bring the most value?
Thats what @thegroundup_xyz is about, leverage
Tools for success have never been cheaper or easier to convey
The drive, feeling you have a chance, is what improves peoples lives