Beeftoshi

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Beeftoshi

Beeftoshi

@beeftoshi

Bitcoin is an ego test

Maryland, USA 参加日 Mayıs 2016
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Tour Golf (not PGA Tour)
Tiger to the cop when he blew 0.00:
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Tony Carrera
Tony Carrera@tonycarrera·
👀
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Josh Man@JoshMandell6

It just feels like something is different with STRC. The price is so steady that one would have to believe that there's a market maker being compensated to make a tight market. And there was something interesting about how Phong Le commented on the steadiness of that price. Perhaps they've worked out a deal with a large bank to market STRC exclusively and guarantee that perpetuity can be sold at par every 12 months or something like that. In exchange of course they would probably require two points of spread between the price at they buy it from strategy on origination and the price at which they sell to their clients as a stable coin or effectively a one year CD which puts it in the category of a money market instrument. The bank is carrying so much US Treasury product that they could easily pledge it as collateral for the yearly redemption option. This is something this strategy can't do and it's something that would keep the price at par because pull to par would take effect. With the pledging of US Treasury debt, STRC would get a credit rating equivalent to the United States government. This is just crazy stuff coming out of my head FYI I know nothing. It's just what I call a Walter Mitty dream But it would be pretty cool and it would change the game completely. Imagine a bank offering wrapped STRC digital credit with one year liquidity yielding 10% after tax. I say after tax because of the IRS treatment of return of capital. Gosh I haven't owned any MSTR exposure for such a long time. It's been such a tough ride for them but I hear there will be growth in the spring.

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Taiki Maeda
Taiki Maeda@TaikiMaeda2·
STRC is now the 2nd largest holding in Blackrock's Preferred & Income Securities ETF. Say what you want about Saylor but the Digital Credit thesis is working. More Inflows into STRC = More BTC Buy Pressure
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Beeftoshi
Beeftoshi@beeftoshi·
@docstacks @XFreeze They wanted double the money that geico offered me when I bought it. Maybe the safety score lowers it, but I’m not going to willingly get ripped off from the jump
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X Freeze
X Freeze@XFreeze·
Tesla's Full Self-Driving (FSD) is currently ~9x safer than the average human driver Because of this massive safety advantage, auto insurance providers like Lemonade are now offering Tesla owners up to a 50% discount on their per-mile premiums when FSD is engaged Choosing Tesla FSD driving is not just safer, but it also directly saves you money
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Josef Tětek
Josef Tětek@JosefTetek·
When you're dropping the new bitcoin FUD but forget to update your LinkedIn...
Josef Tětek tweet mediaJosef Tětek tweet media
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Glocke 🧡
Glocke 🧡@Kluckies_·
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Josh Man
Josh Man@JoshMandell6·
I would hazard a guess Strategy will continue sell STRC throughout the month of April until all the demand at 11 and a half percent has been satiated. In May they may raise the dividend by 50 basis points to a nice round one per month and milk that for all it's worth. If April showers bring May flowers, what do mayflowers bring? Pilgrims
Phong Le@phongle

Steady morning $STRC

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Joel Hodlman
Joel Hodlman@JoelHodlman·
I need a podcast to listen to! What’s a great podcast you’ve listened to over the last couple of weeks? - it doesn’t have to be bitcoin related.
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Beeftoshi
Beeftoshi@beeftoshi·
@Nalin_Haley The root of the problem is creating money out of thin air (buy Bitcoin)
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Nalin Haley
Nalin Haley@Nalin_Haley·
@Jaredhowe It’s a much deeper systemic problem. We spend money without actually following where that money goes. The intention is good but the execution is lazy.
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Beeftoshi
Beeftoshi@beeftoshi·
@BrentBeshore This is excellent. Important note - having coffee in the rub is an elite addition as it naturally tenderizes the meat.
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Eric Balchunas
Eric Balchunas@EricBalchunas·
Google: quantum could break bitcoin sooner than expected Bitcoin: +2.6%
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Dr. Rhonda Patrick
Dr. Rhonda Patrick@foundmyfitness·
Plastic blenders are a source of microplastics that most people overlook. Those with plastic jars or pitchers release microplastics, and even nanoplastics, into blended food or drinks due to friction and mechanical abrasion during blending. A single 30-second blending cycle can release up to 1 billion (yes, with a "b") micro- and nanoplastic particles. BPA-free products are safer but can still release particles due to heavy use, heat, or abrasion. My advice is to switch to a completely stainless-steel blender. It's the only way to avoid contamination. Thanks to @StevenBartlett for allowing me to audit his kitchen! Check out the full episode.
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VK’s Midlife Crisis
VK’s Midlife Crisis@TURBOPOSSUM·
I’m very confused about the number of people who think “property tax” is taxes you pay for services you consume instead of a made up asset value the county used to collateralize a bond offering so they could hire 8,000 administrators for a school with a 40% literacy rate.
Rushi@rushicrypto

I’m very confused about the number of people who think “property tax” is a sales tax on you home rather than taxes to pay for public services you use every day. “I paid off my home why do i still pay property taxes?!?!?” Oh, did you also stop using the roads and libraries and sidewalks and parks? Not worried about fires anymore?

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grubles
grubles@notgrubles·
The Google quantum paper is co-authored by someone employed by the Ethereum Foundation. I'm dead. 😂
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