Liam

1.6K posts

Liam

Liam

@liam01

Melbourne انضم Mayıs 2008
226 يتبع108 المتابعون
Liam
Liam@liam01·
@archeohistories Monetary debasement at play. Back then a pound was equivalent to a pound of silver and the assumption was that would hold. Going off the silver standard robbed the owner
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Archaeo - Histories
Archaeo - Histories@archeohistories·
On New Year's Eve 1759 a brewer signed a 9,000 year lease on an abandoned Dublin brewery for 45 pounds a year. That brewery is now the most visited tourist attraction in all of Ireland.... It was the last day of 1759, and a 34 year old brewer from County Kildare walked into a negotiation for an abandoned, run down brewery in Dublin and signed a lease for 9,000 years at 45 pounds per year. Not a 50 year lease. Not a 100 year lease. Nine thousand years. The document still exists. It is embedded under glass on the floor of the Guinness Storehouse in Dublin and you can stand on top of it today. Arthur Guinness had inherited 100 pounds from his godfather a few years earlier, started a small brewery outside Dublin, and then watched a financial crisis sweep through Ireland in 1759 and make property in the city suddenly very cheap. The St. James's Gate site had been abandoned for nearly a decade. It was four acres, a small brewhouse, two malt houses, stabling for twelve horses, and a loft that could hold 200 tons of hay. It was not impressive. But it sat along the route of Dublin's new Grand Canal, had access to the city's water supply, and was available for almost nothing. Guinness signed on New Year's Eve and got to work. The water was almost immediately a problem. The 1759 lease had granted Guinness free access to Dublin's water supply as part of the agreement, which turned out to be one of most consequential lines ever written into an Irish property contract. By 1775 the Dublin Corporation had decided Guinness was drawing far more water than the lease permitted and sent the city sheriff with a crew of men to physically cut off the supply and fill in the channel. Guinness met them personally at the pipe with a pickaxe, declared with what the official record describes as very much improper language that they would not proceed, and threatened to dig his own channel into the city water system if they touched his. The city backed down. Guinness kept his water. The dispute ended up in court and was settled in 1785 with Guinness agreeing to pay 10 pounds a year for the supply, which was still an extraordinary deal. By the time Arthur Guinness died in 1803 at 77 years old, St. James's Gate was the largest brewery in Ireland. By 1886 it was the largest brewery in the world, producing 1.2 million barrels a year. By 1906 the workforce had grown to over 3,200 employees, with 10,000 people directly dependent on the brewery for their livelihood, roughly one in thirty of Dublin's entire population. The four acre site of the original lease had long since been swallowed by expansion. Guinness eventually bought the land and the surrounding properties outright as the brewery grew, which technically rendered the 9,000 year lease obsolete. The most famous lease in Irish history became a curiosity rather than a binding document, a victim of its own success. The original signed document from December 31, 1759 is still there on the floor of the Storehouse in Dublin. Guinness is currently about 265 years into a 9,000 year agreement. They are right on schedule. © Eats History #archaeohistories
Archaeo - Histories tweet media
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van00sa
van00sa@van00sa·
The next few months matter more than most people realise. Markets are still fragile,BTC hasn’t confirmed a bottom, and macro is pointing toward one more flush. You can still start accumulating now , a discount this big off the highs isn’t a bad entry. DCA will take the stress out of timing the perfect bottom. I’m not going all in yet. If we get a flush lower, that’s when I want to capital ready. When the fear is at its worst and nobody wants to touch it , that’s historically been the window. Stack cash, be patient, the opportunity is building.
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Liam
Liam@liam01·
@bowtiedstocks Every housing booster agrees the market is broken, but says 'the Govt won't let a pop happen '. That's their whole business plan: things are stuffed but the Govt will save them.
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BowTiedStocks
BowTiedStocks@bowtiedstocks·
People were asking me what is going to cause our housing bubble to pop They couldn’t see a ‘catalyst’ Would you agree war in the Middle East, AI job losses, bond yields ripping and oil going to $200 could perhaps deliver that ‘catalyst’ ?? Oh but I couldn’t see it 6 months ago… My sweet summer child
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Liam
Liam@liam01·
@StrategyMaxi What's more likely? You met a fantasist bullshitter who loves to pretend they're a secret billionaire. Or you met an actual secret billionaire?
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100% Strategy
100% Strategy@StrategyMaxi·
Holy... I met a Bitcoin OG in person having 60,000 BTC. Mined during 2009 and kept all until now. Random stranger met at train. Insane character...
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Liam
Liam@liam01·
@BTCBreadMan I just post mine everywhere online. People are too lazy to check it. limit math concert water regular excuse element daring notable roast goose rather
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Breadman
Breadman@BTCBreadMan·
Where do you hide your Bitcoin seed phrase? Looking for some clever and original ideas.
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Liam
Liam@liam01·
@balajis You've made at least one major error. China has a local Navy, not a Bluewater Navy. Which is why it can't defend far away shipping lanes.
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Liam
Liam@liam01·
@rationalaussie That 5 years is as much a Dunning-Kruger filter as anything else. For every 1 genuinely clever white collar, there are 20 who *think* they are and can pass exams. I don't want those 20 doing my electrics after 6 months, we need to filter them out somehow.
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Rational Aussie
Rational Aussie@rationalaussie·
The bigger question here - and the real problem - is why does it take 5 years to become an electrician? You're seriously gonna tell me the smartest white collar workers (soon to be unemployed) are effectively prohibited from getting employed as a lucrative tradesperson during the final period where human employment even matters, because of regulations? It's insane. A smart person could turbo charge this in 6 months. The West needs fast-track trades programs.
Jason Shuman@JasonrShuman

The US needs 500,000 new electricians this decade. Apprenticeships take 5 years. Microsoft’s Brad Smith says it’s the #1 thing slowing data center expansion. The AI bottleneck isn’t chips. It’s the trades.

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Liam
Liam@liam01·
@AnHonestNode Nexo allows the selling of part of all of the collateral to pay off the loan. Encourages it even, in order to get the LTV more healthy
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An Honest Node
An Honest Node@AnHonestNode·
I experimented with a Bitcoin backed loan of $15 on Coinbase and I didn’t like it… Turns out when you lock up your Bitcoin as collateral and get USDC to spend you can’t sell your collateral to pay off the loan. Meaning, that you have to put more money in (the amount of the loan) to unlock your Bitcoin. So if you had $1 million of Bitcoin locked up as collateral and took out a $400,000 to spend on something else…. You’d have to put $400,000 of cash back into Coinbase to unlock the $1 million of Bitcoin. I thought you could just sell the collateral bitcoin and come out with $600,000 of Bitcoin and the loan paid off. I don’t like the process and the experiment was a failure. So I put more cash back in to unlock the $15 of Bitcoin collateral I had and took my BTC out of Bitcoin and back to the hardware wallet.
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Liam
Liam@liam01·
@RyanHoliday If you can meet with Triumph and Disaster And treat those two impostors just the same
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Greg O'Gallagher
Greg O'Gallagher@gregogallagher·
GLP’s like tirzepatide have created the single greatest opportunity to transform your physique that has ever existed. The people that move first, win. But you must utilize them correctly. I’ll be teaching my protocol. Comment below if interested
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Liam
Liam@liam01·
The most important event so far in the 21st century was Russia hosting the World Cup in 2018. Without it, they likely would have done their full Ukraine invasion soon after the taking of Crimea in 2014, with a higher chance of victory.
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Liam
Liam@liam01·
@joni_askola My theory is the world cup may have saved Ukraine. Putin stayed his hand in 2014 after Crimea because he didn't want a boycott of WC 2018.
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Joni Askola
Joni Askola@joni_askola·
Russia's full-scale invasion of Ukraine is such a massive strategic failure that military academies will study it for decades. They sacrificed their best troops and wrecked their economy, only to expose their own incompetence to the world. A truly historic disaster
Joni Askola tweet media
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Liam
Liam@liam01·
@Rajatsoni Tulips are not durable, fungible, programmable, or supply limited. Nor are they easily stored, exchanged, secured or divided. But please Bitcoin sceptics, tell me more about your clever analogy.
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Rajat Soni, CFA
Rajat Soni, CFA@Rajatsoni·
If you think Bitcoin is tulips, can I trade you 1 tulip bulb for 1 Bitcoin Actually, I'll sweeten the deal 2 tulips for 1 BTC Any takers? (This picture shows tulips growing)
Rajat Soni, CFA tweet media
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Jürgen Nauditt 🇩🇪🇺🇦
Jürgen Nauditt 🇩🇪🇺🇦@jurgen_nauditt·
Europe is a military dwarf – rich, but ridiculously weak. $550 billion in defense spending in 2025 – more than China, 60% of the US budget – and yet it achieves only a fraction of the same combat power. The result: practically nothing. Fourteen main battle tank models instead of one, 24 torpedo types instead of three, 16 submarine types instead of four. Europe produces collector's items instead of modern weapons systems – expensive duplicates, tiny production runs, astronomical prices. Only 2.5% of the budget goes to research and development – ​​the US manages 13%. No wonder it lags behind with AI drones and hypersonic weapons. Moritz Schularick's (President of the Kiel Institute for the World Economy) conclusion is mercilessly accurate: We are doomed to remain inefficient – ​​a continent that pays a high price for its own impotence. A tragedy of bureaucracy and national ego.
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Liam
Liam@liam01·
@rationalaussie The problem with forecasting specifics is there's always a countermove you can't see coming. People are creative and resilient.
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Rational Aussie
Rational Aussie@rationalaussie·
This is the year that everyone realises the entire global economy is going to collapse. No this isn't 'doomer speak', it is a structural certainly if you understand how the system works. The fiat financial system is already insolvent at every level - individuals, households and sovereigns are up to their eyeballs in debt. When you combine the biggest oil shock and energy crisis in world history (highly inflationary) with humanity's last invention - AGI, a deflationary bomb that will kill jobs and aggregate demand - it truly is over. There is no ability to repay any of the debt in the system. None. Unemployed people cannot repay mortgages, and governments cannot repay debt in real terms when tax receipts from employment and consumption are in the drain. I would love to see someone make the counter argument. We all know what will happen next. Eventually central banks will do what they always do - they'll print trillions of worthless fiat tokens from the sky. Then what? I have maintained, for several years now, that there are only ever two ways out of this inevitable End Game: 1. Social revolution 2. Economic revolution: a) austerity; or b) currency debasement They are going to choose 2b, and it will spark 1. The currency will turn to toilet paper, and then you'll realise very quickly how serious the situation is. All those years spent arguing over pronouns, wokeism, etc will be seen as a total joke - unserious people in unserious times. Because in serious times, everyone suddenly realises what's important. Energy, sound money, relationships - these things matter. Good luck everyone, we are close to the End Game now and we will all need a sprinkle of luck to avoid the worst of it.
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cinesthetic.
cinesthetic.@TheCinesthetic·
what’s a movie that had the BIGGEST PLOT TWIST EVER and it still blows your mind just thinking about it ????
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Liam
Liam@liam01·
@TheCinesthetic Oppenheimer, House of Dynamite, Mad Max Fury Road
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cinesthetic.
cinesthetic.@TheCinesthetic·
Which three movies should be watched together as an unofficial trilogy?
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Liam
Liam@liam01·
@Rajatsoni Rajat has the same amount as everyone else: not enough.
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Liam
Liam@liam01·
@fastrlife @MurrayHillGuy1 Depends on starting condition. Obese people with low muscle can easily both lose fat and gain muscle. If a strong obese does this, it's much harder.
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Axel (fastr)
Axel (fastr)@fastrlife·
@MurrayHillGuy1 1000 cals is aggressive starvation He’s lost a lot more muscle Legit no one, even on peptides, can lose 30 pounds of fat while muscle is unaffected
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Murray Hill Guy
Murray Hill Guy@MurrayHillGuy1·
Friend of mine started “Reta” and it’s honestly wild. He says he barely eats ~1000 calories a day because he’s just not hungry. Still lifts 5x a week. In ~2 months: 21% → 10% body fat Down 30 total lbs Lost only ~1 lb of muscle on the InBody scan. This isn’t an ad I am genuinely curious. He’s basically the same guy… just way leaner and way more confident. But what are the long-term side effects of nuking your appetite like this? Anyone seen issues?
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van00sa
van00sa@van00sa·
How many Australians are on this app?
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