$MSTR
Trading on bitcoin holdings at this point. 331,000+ $BTC worth more than $30 billion today and is @saylor is right, $4.3 Trillion once Bitcoin hits $13 million per coin. Stock has outperformed $NVDA in the last 5yrs so 🤷🏼♂️ who would argue, but 🙋🏼♂️👎🏼 ……… 🧵👇🏼
@HunterBiden Theodore Roosevelt ran a real-life fight club out of the White House. The president regularly hosted brutal, full-contact sparring sessions—which included boxing, wrestling, and jiu-jitsu. If it’s good enough for him… 🤷🏼♂️
@Loofyb0i In an environment where most underperform, this is what happens when a fund manager outpaces the S&P 500 by 2-3% a year over a great number of years. They get rich and trusted with billions in pooled capital.
@Ric_RTP Every worker knows the value of their labor is more than what they’re paid. You should read some Mises, Hayek, Rothbard to balance this out with a different perspective of economic cycles and how to clearly think about labor.
@NotLikeRuss Knicks are the underdog story of the new millennium. Been 53 years for that team and city with arguably the best fan base. I hate the Knicks, but rather them than the goofy 7'9 Frenchman lead Spurs to win an NBA ring.
The corporation also pays half of the payroll taxes for the people taking home the $60k too, and pays most for the benefits in many cases as part of total comp.
No doubt it’s hard AF for anyone making $60k who has to spend $59k to live. They’re generally not saving and investing that extra money though.
A great quote that I revisited today.
"There is actually no such thing as atheism. There is no such thing as not worshipping. Everyone worships. The only choice we get is what to worship."
- David Foster Wallace
on the freedom of real education
73% of individual workers make less than $75k a year. That's the bottom 50% of tax payers. If major corporations or the top 1% of earners pay the full share of the bottom 50% payroll taxes, the masses could get behind it. Is Bezos willing to do that? Otherwise, an extra 3% doesn't really move the needle.
@atrupar Zero taxes for the bottom 50% is anyone that makes less than $75k now. If the companies or top 10% also share the burden of payroll taxes then I think the masses would get behind this. Last count was around 73% of individual workers make less than that.