Immutable Edge 🧵

@andyyy Tether needs push @Dreamcash or other ways to get hyperliquid denominated in USDT, Incentives are to high

This feels important, not sure why or what the reasoning or effects are, but feels like a shift. Or just temporary???

Recessions always accelerate new tech adoption. AI, EVs etc etc.

Bullish hype news this week but kinda inevitable Robinhood and stock brokers also get some of tradfi perps during weekends and broader adoption of this higher fee products, no ?

@escvel0city11 @alluvialcapital talen, itafos etc nice ones.

Despite absolutely crushing it, $ZEG.L is barely spoken about on twitter. Only person I know who independently found this one and made a multibagger on it is @alluvialcapital. Legendary stuff.

@Pickle_cRypto .@crossbordercap has nice graph between gold and PBOC liquidity injections, makes similar points to yours.

Gold rallied on geopolitical reasons, and hoarding by CBs in Asia, Russia, and the proceeding retail FOMO. Gold did not rally on a debasement trade as every parrot tried to claim, as QE has not started and global liquidity is in fact contracting. Besides that, if it were a debasement hedge, we'd have seen in go to 5k in 2021, we didn't. Point is, if markets nuke, gold will also correlate to 1, the only safe haven is ironically the dollar, as reflected by the DXY rallying, as it ALWAYS does during big crises and world economic shocks.

There is couple issues. Foreign capital was great after 2012, basically invested in real state and push prices up and improve solvency of majority of the population. Right now, investing 500k in a apartment in portugal gives very little value to the people, should be done in other things. Policy: - Bring Rich: Asset prices in country go up - Bring low skill Migration: keep low service prices Is incompatible to have both otherwise young people that have no assets and income are flat are fked. But the incentive was enormous to bring low skill migration as wage inflation spiral after covid scares the shit out of central banks. So printing money fked up all the asset price and create incentive to bring migration so wage inflation didnt happen. Also taxes for residents is insane, 2k$ liquid monthly costs the company 4k$ monthly. 3k$ net is 7.5k$ company cost. So competition for resources with outsiders taxed at 20% is very hard.

Be Spain/Portugal: 1. Blame digital nomads 2. Defend 3rd world migrants (sometimes attack them too) 3. Hate tourism/Airbnb (13% of Spain's economy: without it, it'd be stagnating w/ 130% debt-to-GDP) 4. "Reduce hiring costs" (without understanding that it is what is keeping your retired parents alive) 5. ?

@0xkyle__ Market went up for 6 weeks after russia invasion then corrected. Options flows sometimes pin market for a good amount of time before its free to reprice.

X front ran the markets wrt SaaS-pocalypse by a week or two Imagine if this entire platform is early to the shitstorm of inflation / oil shocks, etc. I find it hard to believe that the equities market is slow to react to this... and if it happens, I will truly be shocked

What are the chances that trump got gulf countries to increase oil production to pressure russia and now they are mad with this situation and oil prices dont get to prior levels?

@czz0000 agree, just long term notes if things move in any way.

@ImmutableSOL Harbour energy possibly, but I’d be surprised if current government changed policy

what is best stock if UK changes their police on north sea oil ?

@cryptaxpt Isnt very clear if exit taxes arent applied to a move to other EU countries right? how things are written seems to apply to any movement outside portugal however this is kinda against free capital movement in eu?

🚨Exit Taxes in Portugal Exit taxes in Portugal can be a bit confusing, but here’s a straightforward breakdown: When you leave the European Union, exit taxes come into play. These taxes are reported on your income tax return for the year you depart, primarily under Category G (art. 10 CIRS), which deals with capital gains. Essentially, you’re paying capital gains tax on unrealized gains. ⚠️In this post I only discuss personal income exit tax (CIRS), there is also corporate income tax(CIRC). If you would like to know more about corporate income tax, please talks to a lawyer or registered accountant. 1⃣Crypto Exit Taxes For cryptocurrencies, exit taxes are applied as if you sold your digital assets the moment you leave Portugal. If your holdings have been in place for at least 365 days, they’re typically tax-free; otherwise, they’re taxed at a rate of 28%. 2⃣Shares in a foreign company or stakes in an overseas business Generally, Portugal doesn’t impose a broad exit tax on unrealized gains just because you’re leaving residency. However, there are specific scenarios where such gains could be taxed, particularly if they’re tied to certain events or structures. • Corporate restructuring events If, in the year you cease residency, you’ve been involved in a transaction like a share exchange, merger, or division involving that foreign business ownership, Portugal may tax the unrealized gains from that event. But this only applies if such an event coincides with your exit. It’s not a blanket rule for all foreign business ownership. • Permanent Establishment (PE) If your ownership relates to a foreign entity that operates partly in Portugal (e.g., through a branch or significant activity), and you exit residency, any unrealized gains tied to that Portuguese PE could theoretically be taxed under the Corporate Income Tax (IRC) rules if the PE itself is wound down or transferred. However, for personal ownership of a foreign business with no Portuguese footprint, this wouldn’t apply. 3⃣Portuguese Pension Exit Taxes If you withdraw funds from a Portuguese pension after relocating outside the EU, you could face taxation in both Portugal and your new country of residence. Depending on the relevant tax treaty, double taxation might be avoided, so it’s crucial to review the specific treaty terms. 4⃣Non-Habitual Resident (NHR) Status If you have benefited from Portugal’s Non-Habitual Resident (NHR) tax regime, moving to a non-EU country could result in losing that status. This means you would forfeit the associated tax benefits, such as reductions on foreign-sourced income. 6⃣Real Estate❌ Real estate represents a notable exception. Even if you own property in Portugal, changing your residency does not trigger an exit tax on the property’s unrealized gains. This overview should help clear up the general aspects of exit taxes in Portugal, enabling you to plan more effectively if you’re considering a move out of the EU. ⚠️Disclaimer: This content is provided for informational purposes only and does not constitute legal or financial advice. I am not a lawyer or financial advisor. For specific guidance on your situation, please consult a qualified professional.

I am not oppose to view that Dubai safe haven brand as been damage but what is the alternative if you are Russian, Chinese etc ? Singapure is kinda of small, other alternatives are kinda of far and most can turn left and confiscated the capital

@LSDinmycoffee will just keep increasing, x.com/ImmutableSOL/s…

There are only 7 crypto pairs in the top 30 pairs by volume on Hyperliquid Even "crypto traders" are no longer trading crypto lol

US interests + Support by Japanese is Inevitable defense spending surge while making noise about defending Taiwan. How does China react to nukes on their front door? How does China react to their biggest enemy saying it'll defend an island that was given back to them 80 years ago?

If you shorted the earnings pops of all last 3 earnings season, you would have printed.

@orrdavid Interested

Militia built (and is improving) an AI system that automatically summarizes all company filings that I have a position in. It translates them to English if need be. It also auto sorts them by how material/important the news is. We're thinking to offer these kinds of tools for free (or maybe cheap, just to cover costs) to anyone that wants to use them. If that's something you'd be genuinely interested in using, please let me know in the comments. In an example from today: filings from a ton of Japanese companies that are all doing or expanding buy backs.

@BrianTycangco One is capital inflow, other is revenue to the state, different no ?

Hong Kong gets US$12B in “golden visa” type program (in 2 yrs). Meanwhile, Trump’s gold card sold just US$1B.

@ChartFu that drop is a bug during 25th december, has been up only. Their camaras help a ton in precision atacks that have great sucess in this atack and on the prior.

@ImmutableSOL textbook v shape recovery

Israel Drone stocks