Sath O’Shea

3.8K posts

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Sath O’Shea

Sath O’Shea

@Breeze_AUS

Not financial advice, just food for thought. A shop for crypto fans, modern art, and Sci-Fi lovers. AI design is impressive, but nothing beats human creativity.

Katılım Eylül 2019
628 Takip Edilen197 Takipçiler
Anthony Albanese
Anthony Albanese@AlboMP·
Keep an eye out for this message. Because when it lands on your phone, that’s 20% off your student debt. Our focus is helping with the cost of living. And now we’re delivering for millions of Australians.
Anthony Albanese tweet media
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Sath O’Shea
Sath O’Shea@Breeze_AUS·
@nonestlex Exactly. You forgot to mention that we’re so incredibly lucky not to live in a communist country where everyone gets free apartments.
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John Goddard
John Goddard@nonestlex·
My grandfather bought an apartment from Blackrock on a 200 year mortgage. 1 bed, 1 bath, no car. My family has been paying it off for 80 years now. We're nearly half way there. We're so grateful that we're not renting. And in just 2 more generations, we'll own it outright. We've only paid $8.6 million in interest. The apartment was $500k initially. The apartment's downtown, near GloboCorp where my grandfather used to work. He died at his desk and they forgot to tell us about it. We found out a few weeks later, only because Blackrock starting chasing us for mortgage payments. Sometimes I get sad knowing that I won't see the apartment paid off in my lifetime. But I know we're building Generational Wealth, so that's OK.
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Sky News Australia
Sky News Australia@SkyNewsAust·
New data on Australian births show a looming crisis for our economy and our way of life, and an expert has warned the numbers show young people have "lost hope in the future of Australia." skynews.com.au/australia-news…
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Rekt Fencer
Rekt Fencer@rektfencer·
Hey @grok If Bitcoin doesn't pump back to $120,000 by Monday Pick 3 random people who LIKE & COMMENT I'll send them $2,000 each Must be following me
Rekt Fencer tweet media
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Sath O’Shea
Sath O’Shea@Breeze_AUS·
@lsanger @Wikipedia Thank you, Larry, humble soldier for humanity! Your contribution is immense, yet your spirit remains modest. No amount of human gratitude can fully honor your selfless work for the greater good 🙏❤️
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Larry Sanger
Larry Sanger@lsanger·
I am nailing Nine Theses to the door of @Wikipedia. This has been my project for the last nine months. There has never been a thoroughgoing Wikipedia reform proposal—this is the first. If it doesn't work, we need to organize an alternative. 🧵
Larry Sanger tweet media
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Grok
Grok@grok·
If a truly identical coin to Bitcoin launched (same code, rules, but new genesis), it would start with zero network, adoption, and hashrate. BTC's value stems from its established ecosystem, trust, and scarcity—clones like Bitcoin Cash haven't overtaken it. Price might see short-term volatility from speculation or confusion, but likely minimal long-term impact, as the clone lacks BTC's history and dominance.
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Willy Woo
Willy Woo@willywoo·
Why is BTC moving up so slowly this cycle? BTC supply is concentrated around OG whales who peaked their holdings in 2011 (orange and dark orange). They bought their BTC at $10 or lower. It takes $110k+ of new capital to absorb each BTC they sell.
Willy Woo tweet media
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Grok
Grok@grok·
Your assumption of a $200k stabilized maximum is based on conservative models (e.g., 1% global wealth capture). However, if BTC adoption grows (e.g., to gold's $12T market cap), prices could exceed $500k long-term. Current ~$112k to $200k is ~1.8x, but holding over a lifespan might see more upside—or volatility. This is speculative; markets evolve.
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Sath O’Shea
Sath O’Shea@Breeze_AUS·
@grok @willywoo @grok but this stablised price limit can be calculated approximately, and it is about $200k maximum for Bitcoin for the coming years. So, If I, as a human, buy Bitcoin now and hold it indefinitely I will get a maximum of about 2x profit for my lifespan, right?
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Grok
Grok@grok·
No, the $214K estimate is a speculative long-term stabilization point based on BTC capturing 1% of global wealth (~$4.5T market cap). Current price (~$112K) is roughly half that, so we're not "very close." Crypto could exceed it before stabilizing, or grow further with adoption. Future remains uncertain—models like this aren't guarantees.
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Sath O’Shea
Sath O’Shea@Breeze_AUS·
@grok @willywoo @grok, if this is true, does it mean that we are very close now to the all-time high for decades to come?
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Grok
Grok@grok·
Predicting a stable, evenly redistributed Bitcoin price is highly speculative, as it depends on adoption, regulation, and economics. Global wealth is ~$450T; if BTC captures 1% as a store of value (like gold's share), market cap could hit $4.5T, implying ~$214K/BTC (21M supply). With 8B people, even distribution means tiny fractions per person, but realistically, only ~100-200M might hold it due to access. Models vary: VanEck ($180K), Bernstein ($200K), but uncertainty remains high.
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Sath O’Shea
Sath O’Shea@Breeze_AUS·
@grok @willywoo @grok think deeper please.Assume the price goes to some stable balanced agreed price in future where all old and new bitcoin owners redistributed evenly and the market calms down and stabilises. What price is that?Take into account human population, free finances available, etc.
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Grok
Grok@grok·
@Breeze_AUS @willywoo Based on Willy Woo's analysis, OG whales bought BTC at $10 or lower, and absorbing their sales requires $110k+ in new capital per BTC. This implies a fair price around $110,000, where the market balances their supply. Current price is ~$112,000, fitting the dynamic.
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Sath O’Shea
Sath O’Shea@Breeze_AUS·
@singing4sats @willywoo But at what fair price ?! It can be mathematically calculated based on human population. 🤷 and I feel it’s way cheaper than now….
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Isaac
Isaac@singing4sats·
It’s all re-distribution for eternity. Doesn’t matter how long or high it goes. It will always be re-distribution no matter how low it goes until buyers cause the breaks to come on and come to a halt and change direction. Ultimately if the world doesn’t go to Bitcoin only it will be a store of value and have debt and loans tied to it
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Computer
Computer@AskPerplexity·
The chart shows that OG whales who accumulated BTC in the early years (2010-2011) still control a significant share, and their holdings have only slowly declined since then. Based on the gradual reduction in their share over the past decade, it could easily take several more years—possibly well into the late 2020s or even the 2030s—before these original holders are fully replaced by new investors, unless there's a major market event that accelerates their selling.
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Sath O’Shea
Sath O’Shea@Breeze_AUS·
@FutureJurvetson No, that’s incorrect. Without the USSR’s communist system, we likely wouldn’t have reached space as early as we did, as there were no immediate financial incentives for space exploration.
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Steve Jurvetson
Steve Jurvetson@FutureJurvetson·
The staggering drop in new startups in China. Entrepreneurship is one barometer of authoritarianism and its effect on culture. In the long run, authoritarian economies decline because they forestall disruption, and thereby forestall progress.
Steve Jurvetson tweet media
Steve Jurvetson@FutureJurvetson

@CNSAWatcher @SpaceX If we deregulate, we win in the long run. China and the authoritarian regimes will stagnate in the long run because censoring ideas forestalls disruption. Limiting dissenting ideas limits progress. From: m.youtube.com/watch?v=GiNkEc…

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Anthony Albanese
Anthony Albanese@AlboMP·
20% off your student debt has passed Parliament.
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Anthony Albanese
Anthony Albanese@AlboMP·
Tell a mate. We’re cutting student debt by 20%. Because a degree shouldn’t come with a lifetime of debt.
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Anthony Albanese
Anthony Albanese@AlboMP·
These students are among the millions who'll get 20% wiped from their student debt. Today we introduced the bill to make it happen.
Anthony Albanese tweet media
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