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@byzantine
157,736 sats stacked
stacking since: #87627longest cowboy streak: 101npub1t5wc8...t2sqgk6dke
34 sats \ 0 replies \ @byzantine 17h \ on: Anyone read the new book "Mania" by Lionel Shriver (author of The Mandibles)? BooksAndArticles
i tried but it was a little too preachy and dystopian
my advice is use unchained IRA where you hold the keys directly. if you can't do that because you are still employed and can't transfer the funds for whatever reason then hold etfs across different custodians. "HODL" -by vaneck uses gemini, "FBTC"-by fidelity uses their own, ARKB uses coinbase and bitgo, BITB-by bitwise uses coinbase and offers proof of reserves
kids should learn things that force their minds into adopting a "system of thinking"
learning python forces them to think in logical steps
Learning cursive helps their long term memory learn a skill with a rubric
Memorizing multiplication tables help them develop pattern recognition.
Learning a sport helps them connect mind and body
it feels like they are trying to create a fiat yield curve based on bull and bear market bitcoin cycles
man this is so sad. i am signaling my inner @Car and really starting to feel bummed at the way a lot of OGs are creating these securities out of btc holdings
11 sats \ 1 reply \ @byzantine OP 16 Jul \ parent \ on: Health insurance premiums charts_and_numbers
perhaps it is honest required prices increase to manage inflating health care costs. also may be a side effect of employment bundled insurance
Banker: Congratulations Mr. Smith, after reviewing your "crypto" asset holdings we have pre-qualified you for 2% home loan below the market rate. we will send you an address where you can deposit your assets to be held by our trusted FDIC insured custodian.
Mr. Smith: "When our loan is repaid can I withdraw my utxos?"
Banker: Yes Mr. Smith out terms of will allow you to receive your bitcoin at the end of the loan term to your personal account with our custodian.
Mr Smith: What about to my own wallet?
Banker: Sorry, our loan terms prohibit that but don't worry our custodian is insured by Loyd's of London and will allow you to access future credit lines.
Mr. Smith: đŸ˜•
with carrots not sticks. if you want to use your utxo to get dollarsit will have to be sold only after being transferred to a registered custodian. That way it is a one way street sending in your utxo and not being able to withdraw it.
if you do a utxo transaction over $10k they will want it reported and done via a custodian
fidelity already does this. you can buy btc but not withdraw and they do it in the name of safety. same with etfs.
using the utxo on chain will move to the black market. btc is and always will be black market money
gov employees are pretty simple minded, they will just pass an "anti-hording" law and make treasury holding mandatory for all public companies and large institutions
of course the fed can just keep buying the 30year bonds with fake bank ledger money until it becomes worthless