š§ Biomedical engineer by day | š¦šŗinline skater by night | šBitcoiner all day every day!
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npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f Profile Code
nprofile1qqs86frn7n4j25nzl9lch3wtgvvew5pl9mfapvfnkx67g53flgasplcpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsf3vqrv
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2025-11-15T01:17:51Z Event JSON
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Last Notes npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Project Hail Mary movie review: Amaze. Amaze. Amaze. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt If you ditch the conspiracy echo chamber thinking for minute⦠Thereās a large movement from psychologists pushing for the reduction of social media use by kids as itās SO bad for their developing brains. Diary of a CEO dropped on episode on this a few weeks back. https://fountain.fm/episode/qI3wvLqQAX04bmGvm1hx Thatās it. Itās literally just because people love their kids, and the social media companies put profit over public health concerns. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt A personal favourite of mine is āitās never wrong to be kind.ā I find myself in situations where there is no clear path forward, and I think of this quote and search for the kind path forward. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt That might be the coolest website Iāve seen in 10 years npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Is anyone making a personalised social media aggregator? Like it could take your X, Nostr, Insta etc. feeds and strip out ads and post of accounts you donāt follow? No infinite scrolling, your feed only shows all the new posts since you last looked? Open Claude bot with read-only API access to your accounts, phone app or browser feed. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Iāve had a few people around me getting interested. Theyāre people whoāve watched me ride out a cycle or 2 and not sell. Asking questions about the tech not the price too so thatās cool. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Be humble stack sats w/e Take your bitchass buy-the-fucking-dip $300 BTC DCA and buy MSTR $150 strike Feb 2027 calls instead. MSTR ~0.8 MNAV @ current share price of $110 BTC @ $65K. Return to MNAV of 1 fair value is $137.50 with BTC still at $65K. Upside of 25% without BTC price changing. July 2025 MNAV was 1.6, share price of $415, BTC $120K. Return to MNAV of 1.6, BTC price fixed at $65K, share price at $220. Upside of 100%. Saylor recently tarred and feathered for being too autistic to be a pedophile, blowing up at my beautiful boy @nprofileā¦f62l on WBD. Sentiment bottoming Bullish MSTR here, expecting revert to MNAV parity at 1, good (price and size) execution of more BTC purchases sub their average price ($76K) MNAV back to premium up to 1.5. Targets: MNAV at 1, BTC $100K, MSTR $170 MNAV at 1.5, BTC $100K, MSTR $$320 *ignored increase in BTC holdings from potential future purchase because who the fuck knows how hard in the paint Saylor can go here npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Luke Gromen is straight up chilling in that lake side house right now š«” npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Salesmen have to sell. Positioning themselves to attract the next tier of capital allocators. Equity purchasers have tapped out. Bonds / yield chasers are the current target. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Going to start slapping some āSend sats for titsā stickers around the place #nevent1qā¦5qt7 npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Cheap hack for reducing phone screen time usage: enable grayscale colour filters. Nothing removes the emotional /dopamine spiking impact quite like sucking the colour out of whatever thing is on your phone. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Merry Christmas you filthy animals npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt I have anecdotally found this to be the opposite. Raising my T improves mood and drive, low T is cranky, low energy depressive person. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt MSTR MNAV at ~1.1, $162 a share. Starting to look tasty npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt I wonder if the nature of the vaccination process (kids all rolling into the same room) created the favourable environment for spreading of the flu? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Replaced my previous btc tracking habit (checking iOS stocks app) with this last week. Feeling very informed npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Iād love to see someone make a direct cans for sats recycling business. In Aus itās 10c per can, you could pay people 9c per can in sats and theyād probably take it. Inb4 AML problems #nevent1qā¦nx7v npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Bear market goal: enter the 1000 pound lifting club. 200 pounds to go, LFG npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Seeking consensus here: Would you update your Trezor or just use import key in another brand device, shift the funds to a new wallet? #nevent1qā¦jyzz npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Is this the 2nd or 3rd cycle where the top was marked by the mass availability of collateralised lending products? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Yessir npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt If I was MSTR I would be trying to buy out bitcoin treasury companies with MNAVs < 1 right now absorb their discounted bitcoin. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt The right amount of leverage is āI wonāt even miss this moneyā. Like 5% of your income per week in repayments. You can probably find 5% of bullshit in your spending to cover the repayment every week without blinking. 10%, maybe thatās getting tougher, some small lifestyle adjustment needed to keep the budget working. 20%, now youāre going to start having liquidity problems in a few weeks time you didnāt anticipate. 50%, sweet Jesus who wrote you this loan? Can I short them? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt I gave you an honest shot @nprofileā¦ss9p 𤷠https://blossom.primal.net/43bbcfaf266ad840a35fe47ab225b8559a2e3bf79e1149651873620e5d74c6bb.png npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt 10 bucks to have a go Dave, itās a fair deal. https://blossom.primal.net/f67a61dbb20df02887ab334c2f2cf4a01b188f2999650f7e3cda5ab0fc54e064.png npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt You know other countries develop and approve drugs right? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt The anti-vax movement seems strong on Nostr. Can anyone point me to a substantive piece (article, research paper etc.) to try to better comprehend this point of view? All of the anti-vax people I know IRL are to put it politely, not good advocates for the movement. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Itās 2025. No social media (minus nostr). Not reading the news. are-watching Futurama. Life is good. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Hooray Iām a statistic! npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Oh whoops I meant 100 million bits / sats per bitcoin, not to make a new decimal point. My bad. I think the name just makes sense, āhow many bits in a bitcoin?ā š¤· npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Bits makes more sense than sats, 10mil bits to a bitcoin. Use a lowercase b with a dollar sign for bits, uppercase b with dollar sign for whole coin. Show exchange rate (950 bits = $1 on the screen) prior to purchase npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Libertarianism as a movement seems to be full of difficult and unlikeable people, with a mindset of extreme individualism and independence. They struggle to form and maintain large enough social groups to make meaningful change. Conservative and progressive parties attract compatible, socially cohesive people working on (in essence) the reduction of societal friction through standardisation of interaction. Libertarianism conversely aims to remove any standardisation and leaves maximum societal friction. You are free to conduct your business how you individually please, but so is your customer, competitors etc. Libertarianism has meritocratic success outcomes, and abandons the unproductive. This is detrimental to at least the lower 50% of society. So a libertarian party relies on hyper-individualistic, high-merit people, forming a group and coming to a consensus which is all the exact opposite of their nature. It may happen occasionally but it seems unsustainable. Anthropologists say the single biggest success contributor for Homo sapiens was their ability to form larger communities over Neanderthals who could only form small communities. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt I feel the reasons for why you might be a #knots person really should make you a #monero advocate npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt @npub13wlā¦np8z I stuck to my plan, where you at my dude? https://blossom.primal.net/a3b86f929b8262678fe0bba8f5836e08438dba64bfe5feb70207b2c7d2e850e2.jpg npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt World of Warcraft, it changed the world npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt MSSP npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Life is short, people donāt want to go deep on your bullshit. Theyāve barely got time for their own bullshit. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt The bullish part is that theyāve discussed whether they should use bitcoin in central bank reserves 𤷠npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Yo Weeb of Trust, anyone got a good anime recommendation? Cypberpunk / ghost in the shell style? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Ready the Hyperion series., or the Dark Forest series. Best 2 sci-fi series youāll ever come across. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Knots is putting up some real numbers. The plebs donāt know whatās best for themselves though, only the devs can tell you what you should think. https://blossom.primal.net/110562282a77b09b63770471b50429e23d1f99c0648165d54ed33c0e9171c88e.jpg npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt The closing section of that article, āunnamed crypto lawyerā agrees with the knots side. Every other section admits itās a low risk attack vector, but they all admit itās a risk. The knots side of the argument is acknowledging the risk, and deciding its not a risk they want to take. At this point I think both core and knots proponents understand you can chop up, compress, encrypt, encode etc data and get it onto the blockchain as it is. Itās not a technical competency thing, itās a conservative vs progressive view point. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Australian housing feels like itās at a top in the market purely because no one is talking about how the price could go down. Every forum immediately shuts down negative rhetoric, housing only ever goes up etc. Introducing the 5% deposit scheme for first home buyers has only locked in exit liquidity for investors 𤷠npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt I am a reasonably technical lay-person, has anyone got a strong reason why the OP_RETURN data size increase is necessary or wanted? Is it a case of improving the infrastructure before we need it? Building out infrastructure and letting the use cases develop? I think I understand that the alternative uses of the Bitcoin network are maxing out the 80 byte limit, increasing the size of the block chain. Then, they are also using the UTXO address (or something) to post their data, bloating both the blockchain and the UTXO set. As these UTXOs are not valid transactions they can not ever be spent and will sit in the UTXO set for eternity. The UTXO set is stored in memory (RAM - expensive) and the blockchain is in storage (cheap). The workaround is to just increase the OP_RETURN size to stop the UTXO bloat. Blockchain gets bigger so more storage is needed by nodes, but nodes are mostly SPV nodes and donāt store the blockchain anyway. These nodes do require the UTXO set in RAM (somewhat). If the UTXO set were to get too large, nodes become too expensive and as a result the total number of nodes drops, reducing the security of the network as a whole. The Bitcoin core developer stance is they are being neutral to the various forms of users of the Bitcoin network by increasing the data limit. In effect, large OP_RETURN data transactions take up larger portions of each block without increasing the total block size beyond the already established 4MB maximum. So weāre still having the same maximum block size, just itās likely itāll be used more frequently. The OP_RETURN data is optional to store on a full node, so you donāt need store it. The growth of the blockchain size is still inline with previous projections if you assumed full size blocks for every block. So technically, nothing changes. Thus the developer stance of neutrality. The issue is then philosophical, being that a 100kb file size is well⦠concerning. 100kb allows for 640 x 480 pixel JPEG to be stored directly on the blockchain. I guess thatās the crux of the issue then right? Plausible deniability that running a bitcoin node isnāt distributing illicit material goes straight out the window. So the only nodes you can run would be lightweight nodes, and no one ever stores the full blockchain or theyāll get SWATed for CSAM. This is where I donāt get the WHY of the change. Why enable the undesirable use cases of the Bitcoin network because itās ātechnically neutralā to do so, when clearly youāre opening the door to certain doom? Please help me understand. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Currently reading Mastering Bitcoin. Is this still relevant? Are there sections which no longer apply? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt The first time my wife has been interested in buying bitcoin was listening to Roman Yampolskiy on The Diary of a CEO. It was the first time she had heard someone very credible in a seperate field casually endorse it, without the sales pitch of a Bitcoiner behind it. Maybe itās not the message but the messenger? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Encouraging vlogs on a bitcoin-centric social media platform seems like a psyop. Your face in video⦠Your voice⦠a reasonable assumption that you own bitcoin⦠RIP and salute to the vloggers, may your future involuntary donation to violent criminals be worth the temporary clout. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt 106900 npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Thatās how it works. No account just display name, messages sent over Bluetooth so really a max effective range of 300ish metres. Messages can hop peer-to-peer. Verify other users via checking their fingerprint (string of characters) matches up with yours and when you get out of Bluetooth range bitchat uses NOSTR to message. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt When did you know it was time to leave the corporate world and go out on your own? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Preston Piss Michael Sayless Gin Alden npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Bitchat is so sick. I have mixed feelings in that Iām grateful I donāt need it but simultaneously it would be cool if I actually got to use it. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt You stopped listening literally moments before she explained where she got it from and why itās relevant lol npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt The anti-government bitcoin bet is this simple: - 195 nation-state governments globally - statistically some of these must suck - āsuckyā government is subjective and relative to each individual - at any one time, people are moving capital away from sucky nation-states and into safe havens outside of government control - a % of this is allocated to bitcoin npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt This is about the craziest election prediction market graph Iāve seen yet. The upcoming Australian election, much like the Canadian election, highlights just how much impact the US political landscape has had internationally. The Liberal (conservative) party aligned themselves with Trump, you can see almost to the day that when tariff talks turned serious, Australians turned away. All the Labor Party have had to do is to seem sensible and pragmatic, and to stay the Australian-first party line. There is no single-issue policy deciding the election. For the Bitcoiners, neither party have offered anything meaningful. For added context, the Labor party is centrist-left, not progressive left. https://blossom.primal.net/eb51436669e640119b50377539a7004986e6b4e95a9ef59ad2bfc30342a1d16a.jpg npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Someone needs to tell Kanye about Nostr, my mans canāt help but get banned on everything else. He would probably bring in 100k new users overnight too. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Youāre not my real mum. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt A $1200 second hand 500cc motorbike is about the highest fun / $ thing money can buy. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Anyone used Ledn B2X in small, repeating cycles to stack sats? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Long term assuming the credit card launches fine, who knows in this crazy short term. I just figured $2.69 was just wayyyy undervalued, market cap was equal to the value of the bitcoin in the treasury. Thats gotta be a reasonable floor right? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Closed at $3.80 today, youāre welcome. #nevent1qā¦zn77 npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Financial goal: hit escape velocity. Expenses lower than passive income. Thats it, keeping it simple. Grow the income side, reduce expense side. Donāt fret the details. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Go on lads! npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Iāve got 2 points of Bitcoin maxi rhetoric Iām struggling with at the moment, maybe you can help me out. In a BTC-only world, my biggest concern is the rebirth of financially-driven wars in geopolitics. Bitcoiners say without infinite money, wars are unsustainable, however I think nations will start analysing the potential profit from seizing other nationsā BTC. Especially given there can be no sanctions on the permissionless transactions. The nation-state equivalent of a $5 wrench attack is a 50000 BTC invasion to seize150000 BTC. My other concern is that I donāt understand how credit can work in a BTC-only world with deflationary prices, I feel like we would end up with no social mobility. The rich stay rich, the poor canāt grow their wealth as they wonāt have access to capital to expand their businesses. I guess you could raise capital via selling equity in the business. Raise 1 BTC to buy a machine that has positive sats flow, pay dividends to your equity holders. The compression of prices without credit brings prices closer to the cost of production. The machine would need to return more BTC than the deflation rate, or no one would take the deal. It feels really economically restrictive? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Iāve settled on the idea of the 2-tier system being the most likely. All international trade in BTC, substantial savings of citizens in BTC but the majority of internal domestic activity in the fiat of your country. Well run nations will have small debt, small new currency issuance and attempt to maintain a peg ratio to BTC. Allows for the creation of credit (weāll never escape the need for a young person needing a mortgage) but likely requires high interest rates. Citizens of these countries will be able to hold a cash balance in fiat and savings in BTC. Poorly run nations will inflate their currency against BTC endlessly and their citizens will maintain both cash and savings in BTC, only using the fiat of their county when required. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Oooooft RIP LNP https://m.primal.net/QMiP.jpg npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Possibly some free alpha for my NOSTR freaks in our goon cave. Fold App (FLD - Fold Holdings) with 1485 Bitcoin ($125mil) in its treasury trading at $2.69, market cap $126 mil⦠Trying to work out this valuation, assets minus liabilities minus a % on cash burn rate? I canāt use Fold as a non-US based person, is it a good user experience? 59000 people in the credit card waiting list. Assume average APR of credit card of 21.47%, average of 47% of credit card holders have a carry over balance, average carry over balance is $6580. Potentially approx $39 mil a year ($3.3 mil a month) in interest payments to collect from Foldās current waiting list. Fold spends ~$360K a month cash burn. Fold cost of capital is reported as āaround industry averageā, 8.74%, rounding up to 9%. Fold would be paying ($6580 x 0.09) x (59000 x 0.47), $16.4 mil a year, $1.3 mil a month for this credit. Looking at ~$2 mil a month in free cash flow before additional costs and losses around providing credit (no idea what to deduct here). Cash burn rate goes from -$360K a month, to $1.64 mil. Long term, assume some Bitcoin purchasing into treasury once profitable of like 10% of profits, accruing $160K BTC a month. Bitcoin Yield (%) = ((BTC per share at end of period / BTC per share at start of period) - 1) Ć 100 Modelling out 2 years from credit card launch, assume BTC average price of $100K (insert your optimistic BTC price here) $160K / $100K x 24months = 38.4 BTC 50mil shares (approx fully diluted)) , assume no capital raises via equity. ((((1485 BTC + 38.4 BTC)/50 mil) (1485 BTC /50mil)))-1)*100 = ~2.6% BTC yield. 2.6% BTC yield just on re-invested profits, plus assumed BTC in treasury price appreciation. Assume some credit rating increase, ability to issue convertible bonds to buy BTC etc. Essentially, $20mil a year in profit, 50 mil shares gives a DCF enterprise value of $480mil, add in 1485 BTC to enterprise value, $580 mil total. Gives a share price of $11.71. Assume my analysis is full of holes (bitcoiners donāt carry a card balance maybe?), but I see the path forward. Pretty bullish at current price, unless credit card product gets denied. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt 1 WEEK UNTIL THE CAPS LOCK WILL RISE AGAIN @nprofileā¦0fd0 https://m.primal.net/QKEz.png npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Thatās fair. I wonder if framing it as, given roads and public transport infrastructure are a monopoly of the state, and no private infrastructure can really be built for mass public use (with very limited exceptions, toll bridges, tunnels etc), is the stateās obligation here to reap the highest reward for the tax payer by incentivising the most productive use of the infrastructure with the least cost? Or does that just lead back to letting individuals make their own appropriate economic choice is best? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Wildcard play: Social security is going to get bailed into treasuries npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Looking for the Nostr opinion on this: Assumption: Public transport is not profitable, itās a service paid for by our tax dollars. We collect fare money by the users of the service so they pay a higher portion of the costs as they use it. Given we all pay the bill in some way whether we use it or not, we all have a vested interest in the service. The more people that use it, the trains, buses etc required, more routes to cover and more time slots. The net effect of increased public transport usage is less cars on the road, less wear on infrastructure etc less cost to the tax payers on net. Public transport produces a net saving for the tax payers greater than the cost of providing it. Given this, reducing the cost of fares to 0 benefits everyone. Why not go a step further and PAY people to take public transport. Give them their carrot, $1 a fare. My vested interest in this is I HAVE to drive my car full of tools around between jobs. So if you donāt HAVE to transport anything but yourself, maybe stay off the road and get in a bus lol. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Went offline for a week in this tiny home, skinny dipping in the billabong and catching up on books š¤ https://m.primal.net/QGCi.jpg https://m.primal.net/QGCk.jpg https://m.primal.net/QGCm.jpg https://m.primal.net/QGCn.jpg npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Iām looking at commodity price charts (mostly construction materials) and theyāve stayed flat or gone down minimally over the last few months of volatility. Does the real economy just not give a fuck about tariffs? Is all the noise just finance people adjusting their PE ratios and selling off stocks? Is it too soon to see the flow-on effects? Howard Lutnick said the āeasiest way to find a fraudster is to stop payments and listenā. Is this actually just Wall Street? https://m.primal.net/QFcP.jpg https://m.primal.net/QFcQ.jpg https://m.primal.net/QFcS.jpg https://m.primal.net/QFcT.jpg npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt How to make a half-decent coffee from instant coffee, maybe your camping or in some off-grid AirBnB with no fancy coffee machines. Before adding the boiling water put the coffee grounds in your cup first and mix with a splash of milk. This will stop any burning of the coffee grounds. Also add a pinch of salt to bring a little more flavour out. Then boiling water, milk, generously stir. Itās no Melbourne Magic but itāll get the job done. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Did you read their financial results? EPS beat $0.07 up to $0.30 per share, income up from $6.7 mill to $131mil. Theyāve downsized, right-sighted the operational business and got themselves well capitalised. Now theyāre making moves, M&A page on their investor news website. Seems like thereās some adults running the show, not saying itās going to the moon but my shares donāt owe me anything and at this point I have no interest in selling. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Iām loving seeing the forced moment of thought this has created in GME holders. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Might as well just buy whatever @nprofileā¦uge3 talks about at this point. GameStop to be the next Bitcoin Treasury company, LFG. https://m.primal.net/PtHt.jpg npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Iāll bet my whole current primal wallet on it - 20 sats npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt The US Government will buy MSTR outright to fill itās 1million BTC quota. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt I 100% think the Tesla āterrorismā is an insurance job being orchestrated by Tesla / Elon. Utilising the bad press environment to get old stock off the books. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt A repeating theme in history is those that donāt adopt new technologies for moral or protectionist reasons, lose to those that do. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt MSSP (Matt and Shaneās Secret Podcast), best comedy podcast. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Solar power is just nuclear power with less steps involved npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt If cap gains tax is removed like whatās being thrown around lately, does this just open the door wide open to bitcoin adoption? Or how about instead of a cap gains tax, just a 1% in kind fee on all bitcoin transactions paid to the federal government? 100 sat purchase, 1 sat to the gov, no tax owed (excluding applicable sales taxes) npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Michael Saylor has talked about offering bitcoin backed lending, as has Jack Mallers. Strategy have no retail customers, Strike has a large amount of global retail customers already. Strategy is aiming for bitcoin yield, Strike is a sats-flowing profitable business. Strike likely already has lots of licensing allowing them to offer these services, Strategy has the capital to fund the services. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Speculation: Strike will be bought by Strategy to launch Strategyās Bitcoin banking services direct to pre-existing customers. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Itās never wrong to be kind. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Miele all the way baby npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Great rip, you guys vibed so well npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Itās really the last sentence for me, I canāt live inside a cold wallet. The arguments for bitcoin are the same for property investment - spending fiat to buy hard assets. My question I guess is more how do people approach mortgage sizing as a percentage of their income? 20%? 30% 50%? Get the biggest mortgage possible, pay the bare minimum and let inflation do the work? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt How does Nostr feel about mortgage sizes relative to income? Gotta live somewhere npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt https://fountain.fm/episode/cjQCPtRpPsl4FX6r8ATe One thing that stood out to me in this episode was (paraphrasing) āthereās only room for a few people to be highly successful in one field, but plenty of room for people to claim affinity to that field on social mediaā. Itās easier to simply associate yourself with something cool or indicative of success than it is to actually be good at something and let your work talk for itself. In recent months Iāve reduced my posting of rollerblading content down to almost 0 and Iāve focused on my actual job, fixing dental equipment. In this time Iāve been promoted, abused by customers over the phone for problems with their equipment then thanked profusely for fixing it, made more money and worked harder than Iāve ever worked before. In my field of work, there is no social media hype to be seen. The moment you post something bragging of your successes, you will be cut down by a customer with another broken piece of equipment. The success you have to show over those who canāt hang in the industry, is by staying in business. Those who canāt cut it, go under. Your only signal of success is a website to your business that has never been taken down, and a slogan that says āover 15 years in businessā. The sales reps of dental equipment change brands every few years as they burn all their contacts, and the great service engineers have resumes with 20+ years with one company and a phone that rings all day. As I approach 12 years with company I work for, with a phone that rings all day, Iām hoping that on Iām way to being considered a great service engineer. Rollerblading is shifting back to being the social hobby it began as, and out of being a second job. Focus, focus. #grind #work npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Project Hail Mary was so damn good. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt This amazing series gives you existential dread. I absolutely loved it, and despise how scarily correct the logic of the dark forest theory feel. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Understood the technical side of bitcoin in 2013, didnāt buy any for another 7 years. /shrug https://m.primal.net/NkeG.jpg npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Doesnāt NOSTR DMs have the issue that even if the contents of the message is encrypted, the relays are still broadcasting the message to a publicly known address? Like you can see who is messaging each other, even if you canāt see what theyāre saying. Or can nPUBs create subaddresses and obfuscate that away? npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Just let it all happen. Where life goes for you is good. The pain and the joy are all part of the journey to best things in your life. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt When I restarted my node, you had sent through 6 x 200 sat zaps, so I sent you back the extra š¤ npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt All good my dude, I probably was tweaking with my node and knocked it offline. Iāve got some reliability issues to sort out. npub105j88a8ty4fx97tl30zukscejagr7tkn6zcn8vd4u3fzn73mqrlsyc7m0f GetRekt Zoltan!