Oscar P

overengineerd, overthought and overjoyed.

[Oscar P @oscpacey]

Tranquility Node have added cryptographic formal verification capabilities to the roster.

Please get in touch to discuss your requirements and what we can offer.

[Oscar P @oscpacey]

@TheBTCTherapist I heard that 100% of all coins have been bought.

[Oscar P @oscpacey]

@tonywestonuk This isn't the nature of money, it's the nature of government fiat money.

However, even within modern fiat, commercial banks issue most of the money and although they do that under banking license, they do not do it as a function of government spending decisions.

[Oscar P @oscpacey]

@Andrew_Smales Ha, I fear none of us will, but I invest in nuclear power sector with the optimism that we both/all will.

[Oscar P @oscpacey]

Step1: Civil nuclear fission rollout
Step2: Recyclers pay for inputs (waste)
Step3: Recycling rates increase
Step4: Aluminium becomes so cheap it can replace a large share of plastic packaging
Step5: Need for fossil fuel collapses
Step6: Many everyday ecological concerns disolve.

[Oscar P @oscpacey]

@turtlecute33 @taoeffect Oh I didn't realise it was yours. Nice one. I'll try it.

[Oscar P @oscpacey]

@taoeffect @turtlecute33 I believe it's an android software keyboard. I'm pretty Happy with FUTO keyboard though its swype feature isn't quite there yet (but still in beta).

[Oscar P @oscpacey]

What is bitcoin:native?

[Oscar P @oscpacey]

@LoftusSteve @volunteerjackie What are your arguments in favour of a minimum wage?

[Oscar P @oscpacey]

@Pirat_Nation If only there were loads of simple ways to generate more electricity.

[Oscar P @oscpacey]

@DanNeidle Replace it all with a flat rate sales tax.
Nice and simple. Cheap to pay, cheap to admin, stable, and takes public policy out of behaviour nudging. It's not regressive because it leads to growth which benefits all.

[Oscar P @oscpacey]

@avi_eisen I'd start with a RPN calc please

[Oscar P @oscpacey]

@leonogferreira @HenricCont Every coin minted debases the currency by exactly one coin which has a price inflationary effect of 1coin/AllCoins, however as prices vary for other reasons too its hard to see the effects. To adjust the effect by tax would require a new one coin net tax. Its just wealth transfer

[Oscar P @oscpacey]

@TSTAKEtoken @ColeTU @giacomozucco Who is discounting interest rates based on coinage?

[Oscar P @oscpacey]

And what's more, to hope for a reliably productive investor mindset in a monopolistic government is optimistic. Venture is inherently beset by opportunity cost.

[Henric @HenricCont]

@argokimetes @MMTUK_PRG If there is productive spending this will lead to growth regardless if funded by issuing more and more claims for same goods and services or by tax payers.

[Oscar P @oscpacey]

@adam3us @kcalvinalvinn And miners on average barely benefit from seigiorage profits on bitcoin.

[Oscar P @oscpacey]

Year 1: raise income tax
Year 2: It's unfair that income tax is high - raise CGT
Year 3: It's unfair that CT is so low - raise CT
Year 4: it's unfair that dividend tax and IT are unequal - raise DT
Year 5: propser - everyone is insanely happy.

Please vote for me ✅

[Oscar P @oscpacey]

@DominicFrisby But Wes said that it's unfair we penalsie workers with higher tax rates than CG tax rates, so to make it fair he's... penalising investors more.

[Oscar P @oscpacey]

@Steven_Swinford Streeting says "the current system is unfair because it penalises work" - so he is going to reduce the penalty on work to just 24%... OH WAIT... I'm just hearing he in fact wishes to penalise both work AND now investment too.

This is going to be great for economic development.

[Oscar P @oscpacey]

Streeting says "the current system is unfair because it penalises work" (top rate income tax is 45%, top rate CGT is 24%) - so he is going to reduce the penalty on work to just 24%... OH WAIT... I'm just hearing he in fact wishes to penalise both work AND investment.

[Steven Swinford @Steven_Swinford]

Wes Streeting has this morning set out his tax plans - specifically bringing capital gains tax into line with income tax

He says that the current system is unfair because it penalises work

Higher or additional rate taxpayers will pay 24% on gains in the current financial year. Streeting said that the rates should mirror income tax bands - so 40% for higher rate taxpayers and 45% for additional rate taxpayers

He says that the approach could raise £12billion a year

Streeting said: “A member of my family is a cleaner in Lancashire. She pays a higher tax rate on her salary than her landlord pays for the growing value of the home she lives in. She slogs her guts out, he puts in far less effort, yet the state rewards him more than her. And we wonder why people are angry.

“The system is penalising work. It’s not fair and it’s bad for our economy. We need a wealth tax that works. A pound made from simply owning assets should not be taxed less than a pound made from a hard day's work. We can do it in a way that is pro-growth, pro-entrepreneur and pro-work.”

[Oscar P @oscpacey]

Have you ever tried to play boardgames where the rules are vast - too complex to absorb in a resonable amount of time?

Was it fun?

How about playing that game at risk of financial or liberty penalty for breach of these rules - would you be more or less likely to engage?