Unrealized capital gains is an insane proposition.
I continue to see people saying “but it only matters to people with $100m.”
A) that doesn’t make it right
B) it’s a slippery slope to eventually being everyone
C) have some belief in yourself and go make $100m!
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Happy to release the initial Jam spec in the Gray Paper (10 years after my release of the Yellow Paper): A proposal for the future of @Polkadot. https://t.co/thL6CSNGUp
Taxing unrealized gains would mean Americans would owe taxes on the appreciation of their home every year.
This would bankrupt the average family.
Horrible idea that is only put forward by people preying on the fear of those who don’t understand economics or finance.
I was joined by @polina_marinova today to discuss a number of current events in finance and markets.
We did our best to cover both sides of each issue and explain the nuance involved. Here are the topics / timestamps:
0:00 - Intro
1:51 - Price gouging
5:16 - Kamala Harris plan with prices
12:20 - Pros of Kamala Harris economic plan
12:48 - Home affordability
21:23 - Child tax credit
26:28 - Trump on crypto & NFTs
29:15 - Kamala Harris crypto plan
31:24 - Mark Spitznagal recession comments
39:43 - Government market intervention
41:32 - Peter Thiel on Joe Rogan
Let us know if you enjoyed this — we will do it weekly if people send positive feedback and want more of these types of conversations.
I have spent the last two years writing a book.
It has nothing to do with hardcore finance or bitcoin, but everything to do with self-improvement, constant learning, and living the life you want.
The book, which is titled How To Live An Extraordinary Life, is a compilation of 65 letters to my children on various life lessons I have learned over the years.
I never had an intention to write a book, but as I started writing these letters in private it struck me that many other people could benefit from these insights.
The beauty of the book is that each letter is the product of a mistake I made, a piece of advice someone gave to me, or an experience I lived through over the years.
None of the ideas are my own — I had to live my life and rely on people much smarter than me to teach me all of this information.
Each letter in the book is structured to share the lesson, explain how I learned it, and then give actionable advice on how to implement it in your own life.
My goal is to share the information with my children and some of you. These are timeless lessons that have been passed down to me, so their survival over time signals their accuracy and value.
As you all know, I hate asking people for a favor. But the publisher has told me that pre-sales really matter for a variety of reasons.
With that understanding, if I have ever helped you in any way (taught you something, given you an idea, made you think more critically, etc), then please consider pre-ordering the book.
Amazon: https://t.co/wZxGpyLcgY
Barnes & Noble: https://t.co/iYzbnOYooj;
Thank you all again. Participating on this platform has allowed me to learn so much, including things that made it into the book.
I am a little nervous publicly publishing something so personal, but if it helps a few people then it is worth the risk.
Hope you all have a great day.
Will the bears seize control of the market?
“The NUPL metric is currently positioned near a critical level. Historically, the 0.4 level has served as a significant point of support and resistance.” – By @GrizzlyBTClover
Read more 👇
https://t.co/Q0Nuwu6Xz8
Staking inflows surpassed a total of 16,000 $ETH
“This pattern is visible at the end of July and mid-August, suggesting a potential correlation where large staking events might be influencing or coinciding with price declines.” – By @3AMRTAHA_
Link 👇
https://t.co/S2yoOIwbhQ
$BTC funding rates have reached the highest level of negativity YTD on Binance
“Binance has the largest share of open interest (OI), this could indicate a bearish market sentiment for the short term.” – By @EgyHashX
Read more 👇
https://t.co/lGCUSic8kl
We're giving away a pair of 3rd generation Apple AirPods Pro 👇
Don't miss out, and Follow us to get notifications for when the Secret Code drops!
https://t.co/c5nRRlUrF1