davidfritch

1K posts

davidfritch

davidfritch

@davidfritch3

joined for crypto

Pompano beach انضم Haziran 2018
221 يتبع457 المتابعون
davidfritch أُعيد تغريده
Green Candle
Green Candle@Greencandleit·
🚨 BREAKING: Florida targets 0% tax on Bitcoin gains If passed, it would be one of the boldest pro-Bitcoin policy moves in the U.S. The race to attract Bitcoin capital is on.🔥
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davidfritch
davidfritch@davidfritch3·
@PeterSchiff @saylor Just when I think you couldn’t say anything worse. I’m buying all the mstr I can right now. Selling a rental home for it.
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Peter Schiff
Peter Schiff@PeterSchiff·
Despite Bitcoin's mere 12% rise over the past five years, $MSTR is up 68.5%, outperforming the NASDAQ. But that’s not due to Bitcoin’s performance. It’s due to investors’ willingness to overpay for MSTR so @Saylor could keep overpaying for Bitcoin. Sell MSTR before it crashes.
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hoe_math = PsychoMath
hoe_math = PsychoMath@ItIsHoeMath·
@ForgiatoBlow47 You shouldn't. None of us should. I don't want to. I just have to consider how much I want to deal with them coming to get me if I don't pay. I'm ready for an organized tax revolt if you are.
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Trumps Nephew
Trumps Nephew@ForgiatoBlow47·
Why should I pay my taxes? Somali's steal it Politicians waste it Illegals use it Corrupt NGO's get it
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Green Candle
Green Candle@Greencandleit·
🚨 BREAKING: 🇺🇸 Coinbase just launched Bitcoin mortgages for over 120 MILLION Americans!!! 😱😱😱 You can now buy a HOME without selling a single sat WHAT HAPPENS WHEN 120 MILLION PEOPLE REALIZE THEY NEVER HAVE TO SELL THEIR BITCOIN AGAIN?!!! 🔥🔥🔥
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davidfritch أُعيد تغريده
Willy Woo
Willy Woo@willywoo·
I'm seeing crypto folk falling into the trough of dispair after an abysmal bull market with mainly losers and BTC outperforming their "beta". Let me tell you a story that tells you why you got screwed. It starts with the end of FTX. When the bankruptcy folk came in to liquidate FTX assets their mandate was to sell everything. This included vast quantities of locked SOL. They inadvertently invented something new, selling an asset that was locked up on-chain through the magic of a legal sale agreement (pay me now, I deliver later). The deal got passed around the ecosystem, fund managers bought up the locked SOL at more than 60% discount to compensate for being locked up and exposed to the token price. Many hedge funds bought the deal. They knew they could hedge the token price on futures markets by shorting SOL pocketing 70-80% yield at near zero risk (staking + basis yield + token discount). They liked it and asked where can we get more of this? Herein lies your PROBLEM as a crypto investor in 2023-2025. Every crypto project has backers (and a foundation) who has great wads locked tokens that have been sold to hedge funds and dumped on you immediately through futures markets. All your alpha went to market neutral hedge funds pocketing risk free yield. THAT IS WHY CRYPTO IN 2023-2025 UNDER PERFORMED You got dumped on prematurely. On the bright side many of these projects, even though they have "locked up tokens ready to dump" on paper, in reality they have been sold already, so they will logically perform without the expected sell pressure in the next bull market given they have effectively been sold. Not that I recommend buying crypto, you need to be an insider to get an edge, it works like a casino, the house will take your money. The house in 2023-2025 were the people who understood this trade. Just buy BTC and get on with your life.
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Fiat Archive
Fiat Archive@fiatarchive·
MAX KEISER: "Warren Buffett famously compared Bitcoin to rat poison" "And you know what, he's right." "Warren is the rat... Jamie Dimon is the rat."
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davidfritch
davidfritch@davidfritch3·
The bigger story is that they are making a compromise. Long live decentralized exchanges m.
davidfritch tweet media
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Harsha Goli
Harsha Goli@arshbot·
shill me the best mobile app to dca bitcoin
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Shagun Makin
Shagun Makin@shaguncrypto·
You could literally - - Buy 10 BTC at $60k ($600,000 total) - When Bitcoin reach $500k, that’s $5M - Borrow 5% against it and pull $250,000/year Live off the liquidity. Keep the Bitcoin. Why are people not doing this?
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davidfritch أُعيد تغريده
Adam Back
Adam Back@adam3us·
Treasury companies soon will likely reach 10x daily mined supply collectively via common stock and preferred ATM raises (much $STRC and $MSTR). Recurring ~20k/btc week buying might over-time turn the market as it absorbs, then overwhelms remaining sellers bitcointreasuries.net/news/adam-back…
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davidfritch
davidfritch@davidfritch3·
@danheld If we had a 0% cap gain I personally would sell a little btc (10%) at 500k to put o to strc allowing me to never sell anymore btc ever again. It would be a wash essentially. It would allow me to do what I want and not pay the government anything which is really important to me.
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Dan Held
Dan Held@danheld·
Taxation is theft. To be clear I'm not advocating for taxes. But there is no evidence that having a de minimis exemption for Bitcoin will *increase* payment adoption of Bitcoin. Why? Because in countries with 0% cap gains we've seen no increase in Bitcoin payment adoption.
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Mr. Nobody
Mr. Nobody@MmisterNobody·
If voting is useless, then what is the solution?
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Harry Eccles
Harry Eccles@Heccles94·
Billionaires do not create jobs. Stop saying it. Without billionaires, we would still build things, design things, teach things, sell things, buy things. Billionaires capitalise profits. That's it.
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davidfritch
davidfritch@davidfritch3·
@HodlFlorida Only thing to add is that getting to the first million you should just be buying btc at every opportunity.
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Dave ₿ 🌴
Dave ₿ 🌴@palmbtcX·
Get to $1,000,000. Move it to STRC. Make $115,000 per year. Why aren’t more people doing this?
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