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stake and chill ๐Ÿข

stake and chill ๐Ÿข

@DelayedYield

Delayed gratification

San Diego, CA ๊ฐ€์ž…์ผ Mayฤฑs 2021
664 ํŒ”๋กœ์ž‰342 ํŒ”๋กœ์›Œ
stake and chill ๐Ÿข
stake and chill ๐Ÿข@DelayedYieldยท
@elonmusk regarding Tesla semi: want to know the model commercial trucks use to help their customers scale fleets and make profit? B to B truck is way different than B to C auto sales. I have 25 years experience in this industry. LMK if you want to know.
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stake and chill ๐Ÿข
stake and chill ๐Ÿข@DelayedYieldยท
@CAgovernor Ban them from owning NGOโ€™s and receiving tax dollars in anyway, shape or form then you might have a win.
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Andy Holloway
Andy Holloway@AndyHollowayยท
How it started
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stake and chill ๐Ÿข
stake and chill ๐Ÿข@DelayedYieldยท
@AutismCapital Bring back pagers and pay phones then make cell phone calls $5 per minute to adjust for inflation and get people going back outside to find out what their friends are doing because you canโ€™t reach them easily. Force the good days to come back by rolling back the tech
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Autism Capital ๐Ÿงฉ
Autism Capital ๐Ÿงฉ@AutismCapitalยท
Someone said once that the 90s was the best decade because while technology was rapidly improving it was still in service of improving the quality of human life, not in service of mass information gathering and surveillance. After 9/11, everything changed. But in the 90s the tech was still helping everyone have cooler better lives.
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Elon Musk
Elon Musk@elonmuskยท
@jonstewart Not as good as you! Stop being so humble.
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stake and chill ๐Ÿข
stake and chill ๐Ÿข@DelayedYieldยท
@GuyDealership Taxing freedom of movement is unacceptable. Donโ€™t we pay enough taxes already? Letโ€™s make sure that money is spent appropriately first before adding more taxes. I would bet this legislation lobbied by the oil industry.
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Nuclear Herbs
Nuclear Herbs@NuclearHerbsยท
For those who missed it yesterday because you were drinking black and tans and riverdancing: The SEC FINALLY, after roughly a decade of screaming "of course every crypto is a security under Howey," at every judge they could find, issued an actual statement about how and when Howey applies. The interpretive statement, which reads a little as an apology (as it should), is here and worth reading: sec.gov/newsroom/speecโ€ฆ The full statement is here. It's long, boring, and typical of government regulatory guidance. I'll give you my thoughts at first glance. Or you can ask ChatGPT or Grok. Because AI doesn't exist just to make cat videos. sec.gov/files/rules/inโ€ฆ You have to remember things in context. Towards the end of FDR's life, we had a wack-job 9-0 liberal court (technically 8-1, because Stone was appointed by a R, but turned out to be a solid D on the court). It gave us such gems as Korematsu (rounding up American citizens of Japanese descent and throwing them into camps? Cool with us!), Wickard v Filburn (growing food in your backyard violates the Commerce Clause), Betts v Brady (F*ck the 14thAmendment, later overruled by a court with common sense), and Hirabayashi (Japanese curfew). And of course, our favorite, Howey. Now back to the SECโ€™s guidance. In the summary, it says the following, finally recognizing the utter ridiculousness of trying to apply it to modern day crypto assets: The Interpretive Release represents the last chapter in the tale of Howey that brought us the landmark Supreme Court decision clarifying when an opportunity to earn a profit represents the offer of a security. Perhaps this guidance serves as a perfect storybook ending for the โ€œinvestment contractโ€ made famous by Howey and his orange groves some 80 years ago. In the Interpretive Release, the Commission clarifies when, in its view, a non-security crypto asset would no longer be subject to an investment contract. In short, the investment contract terminates either upon: (1) the fulfillment of the representations or promises of essential managerial efforts, or (2) the failure to satisfy those representations or promises. In both of those situations, the investor is no longer expecting to profit based on the essential managerial efforts of others, a key element of Howey. Importantly: โ€ฆthe framework for assessing when an investment contract terminates can easily apply to that flourishing Floridian orange grove or other non-crypto assets. Howey could have fulfilled his representations and promises as indicated at the outset. For example, the maintenance contract could have been limited to watering and caring for the orange trees for so long as they were fruit-bearing. Alternatively, the investment contract could have terminated when Howey failed to satisfy his promises. For example, if a disastrous hurricane or disease completely destroyed the groves, Howey could have publicly and unequivocally told his investors that he was abandoning his intention to water and care for the trees, ending the investment contract. Hex/PulseChain/PLSX: So would Richard have been sued under this guidance? My guess is: No. Were Hex/PLS/PLSX launched such that he โ€œfulfilled his representations and promises as indicated at the outset?โ€ Yes, they were. They launched as complete projects. Especially HEX, which launched as immutable code. With respect to PLS/PLSX, he made no promises at all โ€“ including to anyone who sacrificed. It was โ€œsacrifice or not, I donโ€™t really careโ€ and โ€œyou may or may not get something if you do.โ€ Thatโ€™s not a promise that was ever going to stand up under Howey anyway, although weโ€™re lucky we didnโ€™t have to wait and find out for a court to decide that. #PulseChainLawSchool #HEX #PLS #PLSX. Not legal advice. Just my take on what the SEC put out. But if youโ€™re building something, you should definitely get legal counsel because this guidance (which will hopefully be turned into an actual binding regulation) just shifted the earth under our feet.
Joe Blow@JoeBlow4prez

@NuclearHerbs Please elaborate Herbs

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Ryan Danz
Ryan Danz@RyanDanzยท
One of the most epic stretches of living in the history of the world Sure, it takes making 1MM/year to live adequate, just enough to get a starter home (which starts at 2mm for anything non-tear-down), and pay the bills, afford a closet full of vuori, drive a Tesla, surf 10am-1pm on a weekday, and drink $7 cups of micro roasted coffee with chai tallow, take a few yoga classes per week, get a club membership, โ€ฆ but 10/10 public schools, year round 72 degrees with a light breeze, organic grocery stores, no smog, no insects, no swamp ass, no crime, no homeless-tent cities, no parking meters, the best Mexican food north of Mexico City, the most slightly above average looking but fittest people youโ€™ve ever seen and 10000x less pretentious than Newport and LA folk World class and open to the public; โ€ขBeaches โ€ขHiking โ€ขGolf โ€ขMuseums โ€ขParks โ€ขZoos And a tax racket that means homes worth 5mm that were bought 25 years ago for 500k, only pay 5k/yr property tax and locked for life (sans capped increase) And this doesnโ€™t even include that little hamlet to the right on the map called Rancho Santa Fe which is a tweetstorm all unto itself
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stake and chill ๐Ÿข
stake and chill ๐Ÿข@DelayedYieldยท
@CAgovernor can we use this money to lower my crippling car registration fees instead? Hereโ€™s a crazy idea, you wonโ€™t need to spend tax payers money creating a good image of California if your image is already good. Perhaps your leadership has tarnished that image beyond repair
Ashley Zavala@ZavalaA

Is this a good use of taxpayer money? Gov. Newsom wants to spend $19 million on a brief ad campaign to improve California's image nationally while state deals with years of budget problems. Democratic state lawmakers who oversee CA's budget don't want to talk about it:

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PFF
PFF@PFFยท
What do the Chargers need to do this offseason to get over the hump? The Game Plan presented by @WesternSouthern
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Andy Holloway
Andy Holloway@AndyHollowayยท
Old man achievement unlocked. 18 years as a Costco member. ๐Ÿ‘ด
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stake and chill ๐Ÿข
stake and chill ๐Ÿข@DelayedYieldยท
@BillAckman Yes and I just got a letter in the mail telling me after spending 80k to harden my home for wild fires my insurance if dropping me and Iโ€™ll have to go pay 3x more for insurance. Why did I listen to the state to spend money on my home for stuff that doesnโ€™t matter?
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stake and chill ๐Ÿข ๋ฆฌํŠธ์œ—ํ•จ
Richard Heart
Richard Heart@RichardHeartWinยท
A short story
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stake and chill ๐Ÿข
stake and chill ๐Ÿข@DelayedYieldยท
@elonmusk How come all the celebrities are dressed up like in the hunger games where are the rich people lived that decided everyone elseโ€™s fate?
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